Asia Pacific Beef Market Size & Outlook, 2023-2030
Asia Pacific beef market, 2017-2030 (US$M)
Related Markets
Asia Pacific beef market highlights
- The Asia Pacific beef market generated a revenue of USD 252,646.6 million in 2023.
- The market is expected to grow at a CAGR of 4.6% 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.
- Country-wise, Japan is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 252,646.6 million |
| Market revenue in 2030 | USD 346,225.4 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Loin |
| Fastest growing segment | Brisket |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Asia Pacific region accounted for 48.0% of the global beef market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 164,597.8 million by 2030.
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Beef Market Scope
Beef Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 Asia Pacific beef market based on brisket, shank, loin covering the revenue growth of each sub-segment from 2017 to 2030.
The Asia Pacific region is estimated to be the fastest growing market for aerospace parts manufacturing industry due to growing development in the aviation industry in the region driven by the economic growth of Japan, China and other markets.
There is a rise in the international air travel along with growing market for international cargo which is expected to drive the demand for MRO activities, thereby boosting the demand for aircraft parts stop.
Moreover there is a development in the aviation industry with manufacturers adopting the dynamic business models that reshape the market with the purchase of new generation of airplanes and replacing the aging aircraft. The rapid expansion is the main driver contributing to the air travel growth.
Reasons to subscribe to Asia Pacific beef market databook:
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Target buyers of Asia Pacific 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 continent-level data and insights on the Asia Pacific beef market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific beef market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific beef market outlook size, by country, 2017-2030 (US$M)
Asia Pacific Beef Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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