Europe Beef Market Size & Outlook, 2023-2030
Europe beef market, 2017-2030 (US$M)
Related Markets
Europe beef market highlights
- The Europe beef market generated a revenue of USD 63,775.9 million in 2023.
- The market is expected to grow at a CAGR of 4% 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, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 63,775.9 million |
| Market revenue in 2030 | USD 83,795.3 million |
| Growth rate | 4% (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, Europe region accounted for 12.1% 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.
Key Regions: U.S. , Japan , Brazil , Germany , Switzerland
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Beef Market Scope
Beef Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 Europe beef market based on brisket, shank, loin covering the revenue growth of each sub-segment from 2017 to 2030.
Air traffic in Europe is estimated to recover at a significant pace in 2022. The declining prices of airfares is expected to encourage a greater number of passengers to travel by air, boosting the demand for commercial aircraft by airlines, to accommodate the increasing number of passengers.
The European region is accustomed to using a lighter and stronger category of aircraft which is expected to drive the demand for part made-up of lightweight, high strength and cost efficient material over the forecast period.
The growth of the European aerospace and defense industry is expected to surpass that of the industry in the U.S. over the forecast period, owing to a slight increase in defense spending by some European countries, such as Russia, Italy..
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Target buyers of Europe 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 Europe beef market , including forecasts for subscribers. This continent databook contains high-level insights into Europe beef market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Europe beef market outlook size, by country, 2017-2030 (US$M)
Europe Beef Market Outlook Share, 2023 & 2030 (US$M)
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