World - Beef (Cattle Meat) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingBeef market
Beef market: read new info secured by an Ai-driven business intelligence tool. Info contain trade, market size, consumption, imports, exports, companies, production, and market prices. Here is a split by country, including the U.S., the Middle East, Russia, EU, Latin America, the U.K., Africa, and China. Market dynamics and outlook to 2030 are also featured in the dashboards.
Beef - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | United States |
| 2 | China |
| 3 | Brazil |
| 4 | Argentina |
| 5 | Mexico |
In value terms, the United States, China and Brazil were the countries with the highest levels of market value in 2020, with a combined 47% share of the global market. These countries were followed by Argentina, Mexico, Russia, Pakistan, France, Australia, Canada, Germany and India, which together accounted for a further 20%.
Australia recorded the highest growth rate of market size, among the main consuming countries over the period under review, while beef market for the other global leaders experienced more modest paces of growth.
Beef Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| India | 3052 | 2840 | 2973 | -1.3% |
| Paraguay | 4225 | 4110 | 4107 | -1.4% |
| Poland | 4432 | 4128 | 4155 | -3.2% |
| Brazil | 4038 | 4172 | 4320 | 3.4% |
| Argentina | 5277 | 5448 | 4609 | -6.5% |
| New Zealand | 4919 | 5176 | 5089 | 1.7% |
| Uruguay | 4990 | 5451 | 5114 | 1.2% |
| Mexico | 5688 | 5588 | 5527 | -1.4% |
| Canada | 5402 | 5625 | 5794 | 3.6% |
| Ireland | 6248 | 5553 | 5798 | -3.7% |
| Australia | 5492 | 5765 | 5998 | 4.5% |
| Netherlands | 6526 | 6061 | 6311 | -1.7% |
| United States | 7183 | 7169 | 6951 | -1.6% |
| Average | 5003 | 4960 | 4946 | -0.6% |
Prices varied noticeably by the country of origin; the country with the highest price was the United States ($6,951 per ton), while India ($2,973 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Australia, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| South Korea | 6479 | 6590 | 6534 | 0.4% |
| Germany | 6377 | 6123 | 6019 | -2.8% |
| United States | 5462 | 5717 | 5996 | 4.8% |
| Italy | 6078 | 5703 | 5741 | -2.8% |
| France | 5803 | 5403 | 5641 | -1.4% |
| Japan | 5708 | 5718 | 5561 | -1.3% |
| United Kingdom | 5384 | 5052 | 5106 | -2.6% |
| Netherlands | 5171 | 4777 | 5016 | -1.5% |
| China | 4716 | 4639 | 4957 | 2.5% |
| Hong Kong SAR | 5192 | 4932 | 4416 | -7.8% |
| Chile | 4860 | 4215 | 4254 | -6.4% |
| Russia | 3666 | 3512 | 3567 | -1.4% |
| Egypt | 3018 | 2964 | 3106 | 1.4% |
| Average | 5048 | 4895 | 5038 | -0.1% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was South Korea ($6,534 per ton), while Egypt ($3,106 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.
Beef - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| China | 4 | 5.4 | 8.3 | 44.4% |
| United States | 5.3 | 5.6 | 6.4 | 10.3% |
| Japan | 3.5 | 3.5 | 3.4 | -1.8% |
| South Korea | 2.7 | 2.9 | 2.9 | 3.7% |
| Hong Kong SAR | 2.3 | 1.8 | 2.5 | 4.3% |
In value terms, the largest beef importing markets worldwide were China ($8.3B), the United States ($6.4B) and Japan ($3.4B), together comprising 37% of global imports.
Among the main importing countries, China recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Beef - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| Brazil | 5.5 | 6.6 | 7.5 | 16.9% |
| Australia | 6.5 | 7.5 | 6.7 | 1.3% |
| United States | 7.3 | 6.9 | 6.6 | -5.1% |
| India | 3.4 | 3.2 | 2.8 | -8.9% |
| Netherlands | 2.9 | 2.8 | 2.8 | -1.6% |
In value terms, the largest beef supplying countries worldwide were Brazil ($7.5B), Australia ($6.7B) and the United States ($6.6B), with a combined 41% share of global exports.
In terms of the main exporting countries, Brazil saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Beef - Market Forecast
Driven by increasing demand for beef worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Beef - Top Companies
JBS S/A, Tyson Foods, Inc., Micarna SA, Rudolf Schär AG, Mérat & Cie. AG, Tyson Fresh Meats, Inc., Jbs USA Holdings, LLC, NH FOODS LTD., Smithfield Foods, Inc., Hormel Foods Corporation, Henan Shuanghui Investment and Development Co., Ltd., Jbs USA Food Company, Ernst Sutter AG, SULAI AG, Seaboard Corporation, Marfrig Global Foods S/A., AUSTRALIAN CONSOLIDATED FOOD INVESTMENTS PTY LIMITED, PRIMO MEATS PTY LTD, IMPOSETE PTY LTD, PRIMO RETAIL PTY LTD
Beef - Product Coverage
- HS 020110 - Meat; of bovine animals, carcasses and half-carcasses, fresh or chilled
- HS 020120 - Meat; of bovine animals, cuts with bone in (excluding carcasses and half-carcasses), fresh or chilled
- HS 020130 - Meat; of bovine animals, boneless cuts, fresh or chilled
- HS 020210 - Meat; of bovine animals, carcasses and half-carcasses, frozen
- HS 020220 - Meat; of bovine animals, cuts with bone in (excluding carcasses and half-carcasses), frozen
- HS 020230 - Meat; of bovine animals, boneless cuts, frozen
This report provides an in-depth analysis of the global beef market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 947 - Buffalo meat
- FCL 867 - Meat of cattle
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Company coverage:
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- PRODUCING ANIMALS AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Producing Animals, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Producing Animals, By Country, 2023
- Producing Animals, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
3511
This report provides an in-depth analysis of the global beef market.
1950
This report provides an in-depth analysis of the global meat and poultry market.
2082
This report provides an in-depth analysis of the global meat market.
509
This report provides an in-depth analysis of the global fresh beef carcase market.
328
Global Fresh Beef Cut Market Report 2018. This report provides an in-depth analysis of the global fresh beef cut market.
320
Explore the top import markets for beef, including China, the United States, South Korea, and more. Discover key statistics and figures from the IndexBox market intelligence platform.
560
The global beef market stood at $379.4B in 2021, approximately mirroring the previous year. This figure reflects the...
1665
The global beef market revenue amounted to $385.7B in 2018, growing by 5.1% against the previous year. This figure...
1235
Global beef market remained relatively stable, rising from X tons in 2007, to X tons in 2016.
3707
Global beef consumption amounted to X thousand tons in 2015, standing approx. at the previous year level.
1513
Global beef exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
1909
Global beef imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
945
In 2015, the countries with the highest levels of production in 2015 were the United States (X thousand tons), Brazil (X thousand tons), China (X thousand tons), together accounting for X% of total output.
1184
France dominates in the global beef trade. In 2014, France exported X thousand tons of beef totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total beef exports in value terms
219
Explore the top import markets for meat and poultry, including China, the United States, Japan, and more. Discover key statistics and data from the IndexBox market intelligence platform.
