“Organic” Shift to Drive the Organic Beef Market
A report published on XploreMR states that the global organic beef meat market will witness an exponentiation between 2020 and 2030. Organic foods do have their optimized nutritional advantages. Nutrition Journal states that being higher on omega-3 fatty acids lowers the risk of depression, Alzheimer’s disease, and age-related memory loss.
The USDA’s national organic standards govern production of organic meat. The standards explain that it’s mandatory to raise animals by putting organic management into practice and also that there should be proper segregation of organically-raised livestock. As of the year 2016, 2.3 Mn acres of organically-certified rangeland was available with 46,000 + organically-certified beef cows.
Farmers’ markets, specialty meat outlets, certain retail grocery stores and now even online channels stock organic beef. However, it needs to be noted that products’ movement across states requires processing of meat at USDA-inspected facility. These measures are expected to give an impetus to the organic beef meat market in the forecast period.
Organic beef meat is available in two forms – processed one and fresh one. Under processed meat, there are steak beef, patty, ground beef, and chucks. Countries like the US look upon ground beef as a staple food.
Moreover, production of organic beef meat lessens the potential public health complications that happen due to use of pesticides and antibiotics, which have been reported to have carcinogenic, immunosuppressive, endocrine disrupting, nervous, and teratogenic effects. As such, consumers could lay their hands on better meat quality, taste, and enhanced food safety.
Plus, fast expanding economy is supporting retail expansion. Even the middle class is shifting gear towards organic beef meat. Also, FDI’s growth has, in turn, resulted in growing participation on the part of private and foreign players, which is catalysing the market.
What about Insights Region-wise?
North America holds the largest market share and the scenario is expected to continue in the forecast period as well. This could be attributed to extensive demand for organic beef meat in the US (as stated above). Europe comes in second with people’s rising inclination towards organic meals.
The Asia-Pacific is expected to grow at the fastest pace between 2020 and 2030. This could be credited to increasing awareness amongst the population regarding the importance of organic food.
Updation of cross-country organic equivalency arrangement is also being witnessed. For instance – In Jul 2020, Japan and Canada did announce expansion of their arrangement of this kind. As per the new-fangled arrangement, Canada could ship the organic poultry, pork, goat, sheep, horse, and beef to Japan.
The key players in the organic beef meat market include Neat Company, Eversfield, Swillington Farms, Riverford Farmers, Arcadian Company, Organic Prairie, Aurelian Supplier Group, and others. Riverford butchery provides ultra-lean fresh minced steak. The organic mince is used for making Bolognese, chilli con carne, and ragu.
In Oct 2017, Hewitt Cattle Australia acquired 15% stake in Arcadian Company, so as to check the prices of Australian beef prices. Organic Prairie’s beef comes from organic, grass-fed cattle raised in the Australian Outback’s Channel County. This beef has low calories and higher levels of omega-3 fatty acids. Besides, as of Aug 2020, Jizzax Organic turned out to be the very first player to table marbled beef all over Uzbekistan. In June 2020, Good Herdsmen declared supply of organic Irish beef to the supermarkets of Philippines.
The ongoing pandemic hasn’t let shopping remain that easy-going. As such, Profeta Farms has started with free home delivery of certified, nutritious organic beef meat to the residents of Hoboken and Jersey City. Profeta Farms are a local organic farm based out of Readington. The area is 1200 acres.
Our analysts have come up with a comprehensive analysis of the global organic beef meat market in a new publication titled “Organic Beef Meat Market: Global Industry Analysis (2012-2016) and Opportunity Assessment 2017–2027.” As the name suggests, we have forecasted the global organic beef meat market across different geographical regions and on the basis of the various market segments and have provided a critical assessment of the opportunities available to all the companies operating in the global organic beef meat market over a 10-year forecast period 2017 – 2027.
Primarily, we have focussed on highlighting the numerous developments that are likely to take place in the global organic beef meat market in the years to come. Our analysts have studied the market extensively and have identified multiple drivers, restraints, and trends that are expected to influence the global organic beef meat market and consequently the business operations of the leading as well as second-in-line players operating in the global organic beef meat market.
Through extensive research, our analysts have studied how the different market dynamics are likely to impact the current environment and future scenario of the global organic beef meat market, thereby providing useful insights to market players to plan their differentiating strategies capable of evolving with the changing market landscape.
Our report on the performance of the global organic beef meat market for the period 2017– 2027 begins with an overview of the market followed by key definitions and an executive summary that gives a 360o view of the revenue forecast of the global organic beef meat market. We also present the market taxonomy in this section where we segment the global organic beef meat market on the basis of meat type, sales channel, and region.
In the next section, we do a deep dive into the key market dynamics and present our independent analysis of the various factors, challenges, and market trends that we feel will define the market in the next few years. The following sections quantify our analysis of the global organic beef meat market by presenting data on the market size along with key performance metrics.
We have devoted the last section of the report to study the market performance of some of the top companies operating in the global organic beef meat market. We have profiled a few of the leading market players and presented a detailed analysis of their overall business performance and a comprehensive evaluation of their short-term and long-term business and go-to-market strategies. This section is intended to provide report audiences with a dashboard view of the competitive landscape of the global organic beef meat market.
XploreMR leverages secondary research extensively to ascertain the overall size of the global organic beef meat market and top industry players. In addition, our experienced team of analysts has gathered relevant market insights and data by speaking to the various manufacturers of organic beef and other key stakeholders based in various countries. We have then sliced and diced this massive amount of data gathered through primary and secondary research and validated it using different methods such as the triangulation method and have finally scrutinised the data using advanced tools to glean pertinent qualitative and quantitative insights into the global organic beef meat market.
Macro-economic indicators such as food industry outlook, food and beverage spending, organic beef meat consumption patterns, and others have been considered to arrive at the indicated market numbers. Top-down approach has been used to assess market numbers for each segment while bottom-up approach has been used to counter-validate the reached market numbers.
Organic Beef Meat Market: Global Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2027)Buy Now
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