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North America, particularly the United States, is a crucial market for organic beef, projected for rapid growth by FMI, with strict quality regulations.
NEWARK, DELAWARE, UNITED STATES OF AMERICA, October 9, 2023 /EINPresswire / -- In the symphony of sustainable and health-conscious eating, the organic beef market is poised to expand at a CAGR of 6.8% from 2023 to 2033. This crescendo of growth finds its roots in a harmonious interplay of factors propelling the demand for organic beef. Foremost among them is the escalating desire among consumers for protein-rich and wholesome sustenance. As discerning individuals increasingly prioritize their well-being, the allure of organic beef's grass-fed, antibiotic, and hormone-free production proves irresistible.
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.
"Our research underscores the rising consumer demand for organic beef due to health and sustainability concerns. Organic beef is gaining traction for its perceived health benefits and eco-friendly production methods, indicating a promising future for this market driven by conscientious consumer choices." Says Nandini Roy Choudhury, Client Partner at Future Market Insights
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Competitive Landscape
Competition in the organic beef culinary world is intense, with a range of tempos from moderate to high. This battle is expected to persist due to various factors favoring the sector's expansion, including a surge in demand and the enthusiastic entry of new businesses, all contributing to an increasingly 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 are
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
Author:
Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives. She has exceptional analytical skills and often brings thought leadership to the table.
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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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Ankush Nikam
Future Market Insights, Inc.
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