North America Beef Market Size & Outlook, 2023-2030
North America beef market, 2017-2030 (US$M)
Related Markets
North America beef market highlights
- The North America beef market generated a revenue of USD 116,424.2 million in 2023.
- The market is expected to grow at a CAGR of 5.1% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 116,424.2 million |
| Market revenue in 2030 | USD 164,597.8 million |
| Growth rate | 5.1% (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, North America region accounted for 22.1% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Beef Market Scope
Beef Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 North America beef market based on brisket, shank, loin covering the revenue growth of each sub-segment from 2017 to 2030.
North American economy is extremely favorable for the aircraft manufacturing owing to the increased number of aging fleets in the region. The replacement of the aging aircraft is contributed to the lower operating efficiency and revenue requirements for the operating airlines.
Moreover, increase in per capita income is expected to boost the number of airway passengers, thereby boosting the demand for aircraft. This is expected to aid the market growth North America is considered as a major market that caters to 38% of the world demand of aircraft it is projected to receive the greatest number of business jets by 2033 which is estimated to drive the demand for aerospace materials over the forecast period.
Aerospace parts manufacturing market is driven by the high demand commercial aircraft owing to rise in passenger transportation. Rising environmental concerns due to increased carbon emissions has led the demand for fuel efficient aircrafts.
Reasons to subscribe to North America beef market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America beef market databook
-
Our clientele includes a mix of beef market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 North America beef market , including forecasts for subscribers. This continent databook contains high-level insights into North America beef market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America beef market outlook size, by country, 2017-2030 (US$M)
North America Beef Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
