According to Future Market Insights, the global organic beef market is expected to grow at a CAGR of 6.8% during the projected period. The market value is projected to increase to US$ 22.89 billion by 2033.
Amidst the growing chorus of sustainable and health-conscious dietary choices, the organic beef market is set to thrive with a projected compound annual growth rate (CAGR) of 6.8% from 2023 to 2033. This upward trajectory in demand stems from a harmonious blend of factors driving the appeal of organic beef. Chief among these is the rising consumer preference for protein-rich and nutritious food options. As individuals become increasingly discerning about their well-being, the allure of organic beef, produced from grass-fed sources and free from antibiotics and hormones, becomes irresistible.
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Investing in the organic beef market presents an enticing opportunity driven by shifting consumer preferences towards convenience and health-conscious eating. As the working population seeks ready-to-eat options, organic beef producers are strategically expanding their product offerings to meet this demand. By supplying processed items such as ground beef, burgers, chucks, and steak meat, these industry players are fueling the global sales of organic beef.
Moreover, the burgeoning presence of organic beef products on e-commerce platforms is amplifying market accessibility and driving consumer demand. Major retailers like TESCO in the UK are already capitalizing on this trend by offering a diverse range of organic beef products under their brand.
With the organic wave gaining momentum, particularly in regions like the UK, the demand for organic beef is poised for significant growth in the coming years. Investing in this sector not only aligns with the rising consumer demand for sustainable and wholesome food options but also taps into the expanding market potential facilitated by online retail channels.
Key Takeaways from the Organic Beef Market:
- North America is the biggest area with a 35% share of the global market. This demonstrates how important the economies of the United States and Canada are to the area.
- Europe accounts for a sizeable 28% of the market, with Germany emerging as the top individual contributor with a 5% share. This market distribution demonstrates the strength of the European Union’s economy.
- With a 20% market share worldwide, the United States alone has tremendous power. This demonstrates the strength and significance of the American economy on a worldwide scale.
- China and India dominate Asia Pacific, which holds a significant combined share of 15%. China is a significant economic powerhouse, representing 10% of the world market.
- Despite being a smaller nation than China and India, Japan holds a respectable 4% of the worldwide market. Further demonstrating their economic importance, Australia and the United Kingdom contribute 2% to the global market.
Competitive Landscape
The stage is set for a spirited symphony of competition in the culinary world of organic beef, with the tempo ranging from moderate to high. The escalating battle is anticipated to continue in the years to come, propelled by a convergence of circumstances fostering the expansion of the organic beef sector. An infusion of new businesses excitedly into the fray as the demand for organic beef rises, escalating the competitive environment.
Organic Prairie
The leading supplier of organic meat, chicken, and pork is Organic Prairie. The business is headquartered in Minnesota and was established in 1985. The brand Organic Prairie is well-known and sells various organic beef products.
Niman Ranch
Organic meat sold under the Niman Ranch brand is well-known. The business is headquartered in California and was established in 1973. Steaks, ground beef, and burgers are just a few organic beef items from Niman Ranch.
US Wellness Meats
A well-known manufacturer of grass-fed beef. The business is headquartered in Colorado and was established in 2006. Steaks, ground beef, and hamburgers are just a few grass-fed beef products from US Wellness Meats.
Verde Farms
Verde Farms produces chicken, lamb, and beef that are all organic. The business is headquartered in California and was established in 2004. Steaks, ground beef, and hamburgers are just a few of the organic beef items available at Verde Farms.
Key Companies Profiled
- Australian Organic Meats Group Pty Ltd
- River Ford Organic Farmers
- Danish Crown
- Blackwood Valley Beef
- JBS Global
- Eversfield Organic Ltd
- Neat Meat Company
- Swillington Organic Farm Arcadian Organic Meat Co.
- Organic Prairie
- Tyson Foods Inc.
- Verde Farms
- OBE Organic
- Perdue Farms
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Key Developments
- Symphony of Demand and Supply: The organic beef market resonates with a harmonious blend of increasing demand and growing supply. Driven by rising awareness of organic food benefits, changing consumer preferences, and higher affluence levels, the demand for organic beef continues to soar. Simultaneously, organic farming operations’ expansion and technological advancements facilitate a steady increase in organic beef supply, striking a melodious chord of equilibrium.
- Diverse Melodies of Innovation: The organic beef market boasts a rich tapestry of innovation, where new product development takes center stage. A symphony of delectable new cuts, tantalizing flavors, and convenient offerings elevates the culinary experience for consumers. Embracing change and adaptation, the market’s orchestration of novelty entices consumers with an ever-evolving ensemble of organic beef offerings.
Organic Beef Market by Category
By Product Type:
- Processed Meat
- Fresh Meat
By Sales Channel:
- Direct Sales
- Indirect Sales
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa (MEA)
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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