Argentina Beef Market Size & Outlook, 2023-2030
Argentina beef market, 2017-2030 (US$M)
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Argentina beef market highlights
- The Argentina beef market generated a revenue of USD 11,220.4 million in 2023 and is expected to reach USD 14,095.9 million by 2030.
- The Argentina market is expected to grow at a CAGR of 3.3% from 2024 to 2030.
- In terms of segment, loin was the largest revenue generating cut in 2023.
- Brisket is the most lucrative cut segment registering the fastest growth during the forecast period.
Beef market data book summary
| Market revenue in 2023 | USD 11,220.4 million |
| Market revenue in 2030 | USD 14,095.9 million |
| Growth rate | 3.3% (CAGR from 2023 to 2030) |
| Largest segment | Loin |
| Fastest growing segment | Brisket |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Brisket, Shank, Loin |
| Key market players worldwide | Tyson Foods Inc Class A, NH Foods Ltd, Marfrig Global Foods SA ADR, Minerva SA ADR, Hormel Foods Corp, JBS SA ADR, Vion Food Group, Australian Agricultural Co Ltd, Cargill, Danish Crown |
Other key industry trends
- In terms of revenue, Argentina accounted for 2.1% of the global beef market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil beef market is projected to lead the regional market in terms of revenue in 2030.
- Colombia is the fastest growing regional market in Latin America and is projected to reach USD 5,088.3 million by 2030.
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Beef Market Scope
Beef Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina beef market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to beef market will help companies and investors design strategic landscapes.
Loin was the largest segment with a revenue share of 36.34% in 2023. Horizon Databook has segmented the Argentina beef market based on brisket, shank, loin covering the revenue growth of each sub-segment from 2017 to 2030.
As per a study published by the USDA in 2020, Argentina ranked 6th on the list of countries producing the most beef, accounting for 5.33% of the global market share. The country consumed 5.34 billion pounds and exported 1.80 billion pounds of beef.
China accounts for about 50% of Argentina’s beef exports. Low domestic demand has increased beef exports in the country. The main cuts preferred by the population are frozen shin shank, boneless forequarters, and boneless trimmings. Argentina exports its beef to China, Chile, Israel, Brazil, and the European Union.
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Target buyers of Argentina beef market databook
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Our clientele includes a mix of beef market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Argentina beef market , including forecasts for subscribers. This country databook contains high-level insights into Argentina beef market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina beef market outlook size, by cut, 2017-2030 (US$M)
Argentina Beef Market Outlook Share, 2023 & 2030 (US$M)
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