Switzerland Beef Market Size & Outlook, 2023-2030
Switzerland beef market, 2017-2030 (US$M)
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Switzerland beef market highlights
- The Switzerland beef market generated a revenue of USD 4,347.2 million in 2023 and is expected to reach USD 5,781.9 million by 2030.
- The Switzerland market is expected to grow at a CAGR of 4.2% 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 4,347.2 million |
| Market revenue in 2030 | USD 5,781.9 million |
| Growth rate | 4.2% (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, Switzerland accounted for 0.8% 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 Europe, Germany beef market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 25,892.7 million by 2030.
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Beef Market Scope
Beef Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Switzerland 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 Switzerland beef market based on brisket, shank, loin covering the revenue growth of each sub-segment from 2017 to 2030.
The consumption of beef in Switzerland has declined amongst price-sensitive consumers due to the increasing prices of the product. One kg of beef costs USD 49.89 in Switzerland, while the average price for all countries is 13.43 USD, and at USD 4.14, Cameroon is the world’s cheapest place to buy beef.
The high production cost is expected to restrain the beef market growth in the country. For instance, the expenses related to energy, fertilizers, veterinary bills, construction costs, insurance, animal feed, and farm machinery are 25% more compared to Germany and France.
Nonetheless, the growing demand for protein-based food items and organic meat is increasing, which could possibly drive market growth in the country.
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Target buyers of Switzerland 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 Switzerland beef market , including forecasts for subscribers. This country databook contains high-level insights into Switzerland beef market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Switzerland beef market outlook size, by cut, 2017-2030 (US$M)
Switzerland Beef Market Outlook Share, 2023 & 2030 (US$M)
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