Organic Beef Meat Market Forecast, 2022-2027
Organic Beef Meat Market size is estimated to reach $15.8 billion by 2027, growing at a CAGR of 6.1% during the forecast period 2022-2027. Organic foods can be delineated as items that are fabricated deprived of any chemical fertilizer and pesticide. Similarly, Grain-fed beef also called organic beef can be construed as meat which is emanated from animals that are not administered with medications, and antibiotics. The organic beef meat industry outlook is lucrative because of several health hitches associated with regular meat or meat which is processed with the help of antibiotics and other chemicals, and the convenience of opportune food options like processed beef which saves a lot of time in eventful lives of people. Beef is the most common form of food in North American countries like Canada, and the U.S. and this trend is expected to crest due to the availability of organic options. Elevating awareness among people regarding health complications accompanied by chemically processed meat and broadening the population are factors set to drive the growth of the Organic Beef Meat Industry for the period 2022 to 2027.
Report Coverage
The report: “Organic Beef Meat Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Organic Beef Meat Market.
Key Takeaways
- Geographically, the North America Organic Beef Meat Market accounted for the highest revenue share in 2021 and it is poised to dominate the market over the period 2022-2027 by offering lucrative growth opportunities.
- The rapid industrialization of the food and beverages market is said to be the preeminent driver driving the growth of the Organic Beef Meat Market. The aforementioned market may face colossal backlash in countries like India due to religious values and sentiments and can reduce the market growth.
- Detailed analysis of the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Organic Beef Meat Market report.
High cost, Veganism trends, and religious backlash are Anticipated to Hamper Market Growth.
Besides the several advantages accompanied by organically prepared foods, there are a few drawbacks also that are anticipated to slow down the progress of the aforementioned market. The first thing is the cost of buying organically fabricated foods is quite high as compared to non-organic options.
Organic Beef Meat Industry Outlook:
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Organic Beef Meat Market. Key companies in this market are-
- Danish Crown
- Tyson Foods Inc
- Eversfield Organic
- Perdue Farms
- Blackwood Valley Beef
- JBS Global
- Verde Farms
- OBE Organic
- Meyer Natural Foods
- Australian Organic meats Group
Recent Developments
- Danish Crown
- On December 16, 2021, Organic Prairie launched a ten-minute mealtime solution. The company has come up with seasoned ground beef, which is organically obtained. Additionally, the product is pre-seasoned with all organic spices, and the manufacturers comment that the product can cut the prep time for most Americans. Further, the products would be launched in Fiesta Blend, Italian style, Sweet Sloppy Joe. All the flavors can be purchased from the shelf and can be prepared in just eight-ten minutes. The product is free from artificial pesticides, fertilizers, antibiotics, and synthetic hormones, and is USDA certified.
- On October 6, 2021, a new beef brand has entered the American market, which offers 100% American, grass-fed, USDA certified organic beef and other flexitarian products. The name of the brand is Raise Americans. The company follows regenerative farming practices and seeks to offer complete transparency within the supply chain. The beef comes from pasture-raised cattle tended by small and independent farmers, who by nature only adhere to stringent animal welfare protocols.
- On May 23, 2019, Perdue farm parent company of US-based meat processing firm “Perdue Foods and AgriBusiness” signed an agreement to acquire “Panorama meat” an organic beef manufacturer based in Woodland, California. Panorama has around 50 50 independent family ranchers which raise U.S born cattle and span across seven states while having land across 1 million acres.
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