Organic Beef Market by Product (Fresh Meat and Processed Meat), Ground beef is estimated to witness highest CAGR among the other Processed Meat sub-segments.
Industry: Food and Beverages
Published Date: February-2023
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 263
Report ID: PMRREP32040
Expanding at a CAGR of 7.10%, the Global Market for Organic Beef is projected to increase from a valuation of US$ 17,556.20 Million in 2023 to US$ 34,859.82 Million by 2033.
Organic Beef Market Size (2023E) |
US$ 17,556.20 Million |
Projected Sales of Organic Beef (2033F) |
US$ 34,859.82 Million |
Value CAGR (2023 to 2033) |
7.10% |
Value Share of Top 4 Countries (2022E) |
66% |
The Global Organic Beef Market has witnessed significant growth in the historical period registering a CAGR of 5.33% in the historical period and was valued at US$ 17,556.20 Million in 2023.
Rising consumption of organic products across the globe is propelling the global organic beef market. Increasing number of health and environment conscious people is the major factor that is boosting the demand of organic beef products. The change in preference for organically grown beef meat has been fuelled by increasing consumer awareness and preference for organic foods die to related health benefits. Increased consumption of organic meat products has contributed to the easy availability by retail chains of organic beef meat, which is expected to raised global market sales. The global market for organic beef is estimated to reach an approximate valuation of US$ 34,859.82 Million in the forecast period.
“Product Variation in Organic Beef is Boosting the Sales”
Shift in consumer lifestyle and increased number of working population has shown upward growth in sales of convenience foods. Organic beef manufacturers are working towards to offer more ready to eat products to increase consumer base. Several key players involved in the production of organic beef are offering processed products such as ground beef, patty, chucks, and steak beef among others products to diversify their product portfolio. The organic beef providers are also offering meal including organic beef for health conscious consumers that demand organic food. The manufacturer of organic beef products is increasing presence on e-commerce sites to cater the demand of consumers. Easy availability of the organic beef products through online retail also increase the demand.
“Increasing Demand for Organic Products from Hospitality Sector is Stimulating the Growth of Organic Beef Market”
The increasing awareness for incorporating healthy lifestyle with clean eating has increased which in turn has positive impact on the market for organic food. Thus, foodservice provider such restaurants and QSRs have started offering products made from organic foods to attract more customers for increasing sales
Easy marketing of organic food is one of the reason that has enabled the restaurants to increasingly adopt the organic trend. Customers are attracted towards farm-fresh food that offers health benefits with being free from pesticides. Organic Food is also considered to be more appetizing than conventional food thus driving the restaurants to increasingly incorporate organic food in their menu.
“Rising Consumer Inclination towards the Product Transparency and Traceability is Benefitting the Organic Beef Market”
Customer’s will to understand how the food is produced and where it come from has increased in last few years thus the demand for product transparency is on high, consumers are tracing the journey and nature of the food. The emphasis on food safety issues has raised awareness of possible safety risk behind the food that is being consumed
With contamination of meat products being a very common issue, there has been increased customer demand for transparency for organic meat such as organic beef. After regulations and labeling, it is difficult to track whether the livestock is actually grown with the recommended norms hence the demand of traceability by the conscious consumers is also increasing.
“Increasing Support from the Government for Organic Food Products”
Government initiatives gradually encouraging organic products to reduce environment degradation. Some of the initiatives taken by the Government includes Cattleman’s Financial Corporation which encourages the feeder and breeding of the livestock by Government of Canada for providing financial assistance as organic food for the cattle comes with a lot of expenses. Thus, increasing government encouragement and support for organic food products brings opportunity for the existing manufacturers for expanding and increasing the penetration of the organic products like organic beef along with increased export opportunities.
“High Cost of Production to Restrain the Growth of Organic beef Market”
Organic beef production has strict guidelines. According to USDA, animals used for producing organic meat production must be raised using organic management practice and it should be separated from their conventional livestock. Use of antibiotics and growth enhancing hormones should be prohibited
Guidelines imposed by the regulatory bodies coupled with lower production per unit of input and increased labor cost are reducing profit margins for the manufacturers. Organic beef producers has to use either a grain fed organic system or grass fed organic system. Due to lower efficiency increased production and marketing costs and other added risk the cost of raising organic beef is higher than commodity beef.
How is the North American and European Organic Beef Market Expected to Grow in the Forecast Duration?
North America and Europe both the region are gaining the prominent market value share in global organic beef market during the forecast period (2020-2030). European consumers are prioritizing the health and wellness which led them to consume chemical-free and organic food products. Beef is one of the key consuming meat products in Europe which further creating the better consumption rate for the organic beef products.
North America is also exhibiting the leading market share in global organic beef market. The major considerable factor is availability of higher number of organic beef manufacturers across the region. The consumers are also increasingly adopting the consumption of organic meat products and organic beef is getting the higher demand. Moreover, the millennial consumer in region are becoming more demanding regarding the consumption of high protein and healthy food products.
How is the Type Segment Expected to Grow in the Organic Beef Market?
By type, processed meat is showing the highest market value share in global organic beef market during the forecast period (2023 to 2033). The key contributing factor is higher consumption pattern of processed meat among the consumers through the numerous foodservice channels.
Ground beef is estimated to witness highest CAGR among the other processed meat sub-segments. This is owing to the higher utilization of ground beef in processed food products.
Which Distribution Channel Segment is Expected to Show Prominent Growth in the Organic Beef Market?
Among the business to consumer segment, the online retailers and independent retailers are expected to exhibit beneficial growth rate in global organic beef market during the forecast period (2020 to 2030). Product presence on online sales channels make it convenient for both the manufacturer as well as the consumers to purchase and sell products.
The manufacturers are increasing product presence on online retail channels to meet the requirement of the customers. Organic beef products manufacturers are offering products with proper certification from national and regional authorities to provide high quality products to the customers. Furthermore, manufacturers are also keen to cater the extensively growing health conscious consumer based which are increasingly adopting the organic product including the organic beef.
Attribute |
Details |
Forecast period |
2023 to 2033 |
Historical data available for |
2018 to 2022 |
Market analysis |
USD million for value |
Key regions covered |
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Key countries covered |
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Key market segments covered |
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Key companies profiled |
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Report coverage |
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Customization & pricing |
Available upon request |
By Beef Type:
By Distribution Channel:
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The global market for organic beef has a value of US$ 17,556.20 Mn in 2023.
The global market for organic beef has a value CAGR of 5.33% from 2018-2022.
The global market for organic beef has a value of US$ 34,859.82 Mn in 2033.
The global market for organic beef has a value CAGR of 7.10% from 2023-2033.
The top players hold more than 20-25% of the market share. They include Tyson Foods Inc., Perdue Farms, Verde Farms, LLC.