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Conagra Brands Inc., Donald Russell Ltd., and Fanatical Foods Ltd. will emerge as major grass-fed beef market participants during 2021-2025
NEW YORK, Sept. 23, 2022 /PRNewswire/ — The “Grass-Fed Beef Market Segmented by Product (Fresh grass-fed beef and Processed grass-fed beef) and Geography (North AmericaAPAC, Europe, South Americaand MEA) – Forecast and Analysis 2021-2025″ has been added to Technavio’s offering. The market size is expected to grow by USD 39.95 billion from 2020 to 2025.
The grass-fed beef market is driven by new product launches influencing grass-fed beef consumption, various health benefits of grass-fed beef, and the entry of new players. However, factors such as the premium price of grass-fed beef, disease outbreaks in animals, and Product recalls are expected to challenge the grass-fed beef market growth during the forecast period.
Technavio has identified key trends, drivers, and challenges in the market, which will help vendors improve their strategies to stay ahead of their competitors. View our FREE PDF Sample Report
- Product
- Fresh Grass-fed Beef
- Processed Grass-fed Beef
- Geography
- North America
- APAC
- Europe
- South America
- MEA
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report
The fresh grass-fed beef segment will be the largest contributor to market growth during the forecast period. The demand for fresh grass-fed beef is high, as it is considered healthier than processed grass-fed beef. Fresh grass-fed beef has various advantages, such as a high content of omega-3 fatty acids linoleic acid, and antioxidant vitamins such as vitamin E, which is propelling its demand in markets such as the US and Australia.
The grass-fed beef market is fragmentedand the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market. Conagra Brands Inc., Donald Russell Ltd., Fanatical Foods Ltd., Hormel Foods Corp., JBS SA, Perdue Farms Inc., Primal Web Ltd., Rain Crow Ranch, Sysco Corp., Verde Farms, among others, are the main players in the market. The key offerings of some of these vendors are listed below:
- Conagra Brands Inc. – The company offers grass-fed beef through its brands Slim Jim and Duke’s.
- Donald Russell Ltd. – The company offers grass-fed beef such as fillet, ribeye, sirloin, and others.
- Fanatical Foods Ltd. – The company offers a wide range of grass-fed beef such as rib of beef, boneless rib of beef, beef sirloin, beef fillet, beef mince, beef steak burgers, and others.
- Hormel Foods Corp. – The company offers grass-fed beef raised without antibiotics and added hormones through its brand Applegate.
- JBS SA – The company offers grass-fed beef such as Acres Organic Grass-fed Beef, Great Southern, and King Island Beef.
- Perdue Farms Inc. – The company offers grass-fed and grass-finished certified organic beef through its brand Panorama Meats.
- Rain Crow Ranch – The company offers grass-fed beef products with high protein sources, omega-3 fatty acids, high vitamin E, beta-carotene, and others.
This report provides a full list of key vendors, their strategies, and latest developments. Buy Now to gain exclusive access to vendor information
Beef Market by Distribution Channel and Geography – Forecast and Analysis 2022-2026: …
Full story available on Benzinga.com
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