Food & Drink

Organic Beef Market Price, Size, Share, Trends & Report 2024-2032

Organic Beef Market, Growth, Analysis, Key Players, Outlook and Forecast

Organic Beef Market Outlook

According to a comprehensive analysis by Expert Market Research (EMR), the global organic beef market size is witnessing substantial growth, with a valuation of USD 14.70 billion in 2023. This organic beef market is anticipated to flourish at a Compound Annual Growth Rate (CAGR) of 6.5% from 2024 to 2032, reaching a projected value of USD 26.97 billion by 2032. This growth is driven by increasing consumer awareness regarding the health benefits of organic products, ethical concerns about animal welfare, and the environmental impact of conventional beef production methods.

Organic beef refers to beef from cattle that have been raised in accordance with organic farming practices. These practices include feeding livestock with organic feed, abstaining from the use of synthetic hormones and antibiotics, and providing access to outdoor spaces. The demand for organic beef is primarily fueled by consumers’ growing concerns about food safety, animal welfare, and the environmental sustainability of their food sources.

The shift towards organic products is a response to the growing body of evidence linking conventional farming practices with health risks and environmental degradation. As such, the organic beef market is not just a consumer trend but a movement towards more sustainable and ethical food production methods. This shift is supported by stringent regulatory frameworks that certify organic products, ensuring that they meet high standards of production.

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Market Drivers

One of the primary drivers of the global organic beef market is the increasing consumer preference for healthier and more natural food options. Organic beef is perceived as a healthier alternative to conventional beef because it is free from synthetic hormones and antibiotics, which are often used in conventional cattle rearing. Moreover, organic beef is often richer in certain nutrients, including omega-3 fatty acids, due to the natural diet of organically raised cattle.

Additionally, there is a growing concern among consumers about the environmental impact of conventional beef production, which includes high greenhouse gas emissions, overuse of water resources, and deforestation. Organic farming practices have a lower environmental impact, as they promote biodiversity, soil health, and reduced use of synthetic inputs. This environmental consciousness is driving consumers toward organic beef as a more sustainable choice.

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Organic Beef Market Segmentation

The market can be divided based on type, sales channel, and region.

Market Breakup by Type

  • Fresh Meat
  • Processed Meat
    • Ground Beef
    • Steak Beef
    • Chucks
    • Patty
    • Others

Market Breakup by Sales Channel

  • Direct Sales
  • Indirect Sales
    • Supermarkets and Hypermarkets
    • Convenience Stores
    • Independent Retailer
    • Online
    • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global organic beef market. Some of the major players explored in the report by Expert Market Research are as follows:

  • JBS USA Food Company Holdings
  • Danish Crown A/S
  • Verde Farms LLC
  • Australian Organic Meats Group
  • OBE Organic Australia
  • Swillington Organic Farm
  • Legacy Meats
  • Riverford Organic Farmers Ltd.
  • The Cooperative Regions of Organic Producer Pools (CROPP)
  • Others

Challenges and Opportunities

Despite its growth, the organic beef market faces several challenges. The primary challenge is the higher price of organic beef compared to conventional beef, which can be attributed to the higher costs of organic farming practices, certification, and often lower yields. However, this challenge also presents an opportunity for market players to innovate in supply chain management, reduce production costs, and make organic beef more accessible to a broader consumer base.

Another challenge is the limited availability of organic feed and grazing land, which can restrict the scalability of organic beef production. This challenge calls for investment in organic agriculture and sustainable land management practices to ensure a steady supply of organic feed and maintain ecological balance.

Future Outlook

The global organic beef market is poised for significant expansion, driven by a confluence of factors including consumer health consciousness, environmental sustainability, and ethical concerns about animal welfare. As the market matures, there will be opportunities for innovation in product development, marketing, and distribution channels to cater to the evolving preferences of health-conscious consumers.

The increasing interest in plant-based and alternative proteins poses both a challenge and an opportunity for the organic beef market. To remain competitive, stakeholders in the organic beef industry need to emphasize the unique qualities of organic beef, such as its nutritional benefits and ethical production methods, while also exploring sustainable practices that can further reduce the environmental impact of beef production.

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