Organic Beef Market: New Developments helps to grow market opportunities & forecast until 2024
According to a
recent report published by Fast.MR, titled, Organic Beef Market
2018: Market Size, Market Volume, Trends, Opportunity, Forecast
2014-2024, “the global organic beef market accounted for USD XX Million in
2018 and is estimated to reach USD XX Million by 2024. Moreover, it is
anticipated to flourish at a CAGR of 7.8% during the forecast period i.e.
2019-2024.
The global organic beef market has been segmented based on the type, and
by distribution channel. Based on the product type, this market has been
segmented into fresh meat and processed meat. The processed meat segment is the
largest market segment. Availability of a wide range of ready to prepare
processed meat products in the market is one of the major factors behind the
growth of processed organic meat market.
Based on the
distribution channel, the market is further sub-segmented into direct sales and
indirect sales segments. Among these segment, indirect sales segment accounted
for a higher percentage of market share in the global organic beef market in
2018. A rising number of companies offering organic beef products is
anticipated to increase the market share of the indirect sales channel.
Rising Concerns
Regarding Health
In various
developed nations, consumers are opting for organic beef as compared to
traditional beef products. This can be attributed to growing awareness and
raising concerns among consumers regarding health. Since organic cows are fed
on organic grass, thus they lack additives or antibiotics in their meat.
Further, growing acceptance of organic beef among meat eaters is anticipated to
drive the growth of the global organic beef market.
Increasing
Number of Organic Farmers
Growth in the
number of organic farmers is positively impacting the growth of the global
organic beef market. In addition to this, continuous rise in ranches farmland
area in various nations signals promising growth of the organic beef market.
Various small organic beef producers are entering into the market which further
is envisioned to strengthen the growth of the global organic beef market.
Regional
Outlook:
In terms of
geography, the organic beef market is segregated into North
America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Europe accounted for the major share of the global organic beef market. Rising
awareness and growing preference for organic foods is anticipated to positively
impact the growth of Europe organic beef market. Further, Asia Pacific organic
beef market is about to register a strong growth rate in the coming years.
Competitive
Landscape:
The report also
covers detailed competitive analysis of major market players of the global
organic beef market, such as Wegmans Food Markets, Perdue Farms, Australian
Organic Meats, Eversfield Organic Ltd, Danish Crown, Meyer Natural Foods,
Blackwood Valley Beef, OBE Organic, Alderspring Ranch and other key & niche
players. The organic beef market is witnessing a wide range of industry
activities such as product launch, acquisition, mergers, and expansion across
the globe.
About Us:
FAST.MR is a global market research and business-consulting
organization that aims to provide a deep market insight to our clients, which
helps them in better decision making in the dynamic environment. We have a team
of highly qualified personnel that studies the market in depth to provide our
clients with better strategies to stand out in the market.
Contact Us:
FAST.MR
150 State Street, Albany,
New York, USA 12207
+1 (514) 300-1215
Email: sales@fastmr.com
Website: www.fastmr.com
FAST.MR
150 State Street, Albany,
New York, USA 12207
+1 (514) 300-1215
Email: sales@fastmr.com
Website: www.fastmr.com
Comments
Post a Comment