Market Overview:
The global beef concentrate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for beef concentrate from various applications, increasing disposable income of consumers, and growing awareness about the benefits of beef concentrate among consumers. The global beef concentrate market is segmented on the basis of type into liquid and powder. The liquid segment is expected to dominate the global market during the forecast period owing to its high demand from various applications such as hypermarkets/supermarkets, convenience stores, online retail, and others. The powder segment is projected to grow at a higher CAGR than that of liquid during the forecast period due to its growing demand from food processing industries for making various food products. . Among these segments,.. However,.
Product Definition:
Beef concentrate is a food additive that is made from beef. It is used to improve the taste and texture of food products.
Liquid:
Liquid is a by-product of beef and cattle. It consists of proteins, minerals, vitamins and other nutrients. Liquid is used in the production of various food products such as soups, sauces & concentrates which are further used to make processed meat products such as sausages & salami among others. The growth factor for liquid in the market is its usage to produce value-added by-products that find application across multiple industries including dairy & beverages among others.
Powder:
Powder is a dry form of cattle feed and is made up of balanced nutrients that help in maintaining the health and well-being of animals. It helps in increasing the weight of animal by enhancing its muscle mass, energy level, and immunity. The product also aids to improve meat quality & yield as well as reduces feed costs per kg/lb.
Beef concentrate has been used for a long time by farmers across the globe to increase their profitability during cattle farming activities.
Application Insights:
Hypermarkets/supermarkets held the largest market share of more than 50% in 2017. The application segment is expected to witness significant growth over the forecast period owing to rising demand for beef products among all age groups, especially in countries such as U.K., Germany, China and India. In addition, increasing penetration of supermarkets coupled with growing middle-class population is expected to drive the product demand from 2018 to 2030.
The convenience stores segment is also anticipated to witness considerable growth over the forecast period due to increased consumer preference for on-the-go food products that do not require any preparation before consumption. Moreover, manufacturers are launching new convenient foods including ready meals and snacks under various brands including MRF Foods Ltd., Tyson Foods Inc., ConAgra Foods Inc.
Regional Analysis:
North America dominated the global beef concentrate market in 2017. The U.S., being a major consumer of red meat, is expected to remain a key consumer for the product over the forecast period. Furthermore, increasing consumption of processed meats such as hot dogs and sausages is anticipated to drive industry growth in North America during the same period.
Asia Pacific region accounted for over 20% share of global revenue in 2017 owing to high demand from China and Japan on account of increased consumption of beef burgers.
Growth Factors:
- Increasing demand for beef concentrate from the food and beverage industry as a high-quality protein source.
- Growing popularity of functional foods and dietary supplements, which are often fortified with beef concentrate.
- Rising consumer awareness about the health benefits of beef concentrate, especially its protein content and antioxidant properties.
- Increasing use of beef concentrate in animal feed to improve meat quality and yield from livestock farming operations.
- Technological advancements that have made production of high-quality beef concentrates more efficient and cost effective
Scope Of The Report
Report Attributes
Report Details
Report Title
Beef Concentrate Market Research Report
By Type
Liquid, Powder
By Application
Hypermarkets/Supermarkets, Convenience Stores, Online Retail, Others
By Companies
Savory Creations International, More Than Gourmet (Kitchen Accomplice), Southeastern Mills, Custom Culinary, Birthright Nutrition, Gevity RX, Walmart (Sam’s Choice), Hormel Foods, Trader Joe’s
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Beef Concentrate Market Report Segments:
The global Beef Concentrate market is segmented on the basis of:
Types
Liquid, Powder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hypermarkets/Supermarkets, Convenience Stores, Online Retail, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Savory Creations International
- More Than Gourmet (Kitchen Accomplice)
- Southeastern Mills
- Custom Culinary
- Birthright Nutrition
- Gevity RX
- Walmart (Sam’s Choice)
- Hormel Foods
- Trader Joe’s
Highlights of The Beef Concentrate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid
- Powder
- By Application:
- Hypermarkets/Supermarkets
- Convenience Stores
- Online Retail
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Beef Concentrate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Beef concentrate is a by-product of the beef industry. It is made from the leftovers, such as trimmings and bones, after meat has been cut into pieces for sale.
Some of the major players in the beef concentrate market are Savory Creations International, More Than Gourmet (Kitchen Accomplice), Southeastern Mills, Custom Culinary, Birthright Nutrition, Gevity RX, Walmart (Sam’s Choice), Hormel Foods, Trader Joe’s.
The beef concentrate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Beef Concentrate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Beef Concentrate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Beef Concentrate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Beef Concentrate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Beef Concentrate Market Size & Forecast, 2020-2028
4.5.1 Beef Concentrate Market Size and Y-o-Y Growth
4.5.2 Beef Concentrate Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Liquid
5.2.2 Powder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hypermarkets/Supermarkets
6.2.2 Convenience Stores
6.2.3 Online Retail
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Beef Concentrate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Beef Concentrate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Liquid
9.6.2 Powder
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hypermarkets/Supermarkets
9.10.2 Convenience Stores
9.10.3 Online Retail
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Liquid
10.6.2 Powder
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hypermarkets/Supermarkets
10.10.2 Convenience Stores
10.10.3 Online Retail
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Liquid
11.6.2 Powder
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hypermarkets/Supermarkets
11.10.2 Convenience Stores
11.10.3 Online Retail
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Liquid
12.6.2 Powder
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hypermarkets/Supermarkets
12.10.2 Convenience Stores
12.10.3 Online Retail
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Liquid
13.6.2 Powder
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hypermarkets/Supermarkets
13.10.2 Convenience Stores
13.10.3 Online Retail
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Beef Concentrate Market: Competitive Dashboard
14.2 Global Beef Concentrate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Savory Creations International
14.3.2 More Than Gourmet (Kitchen Accomplice)
14.3.3 Southeastern Mills
14.3.4 Custom Culinary
14.3.5 Birthright Nutrition
14.3.6 Gevity RX
14.3.7 Walmart (Sam’s Choice)
14.3.8 Hormel Foods
14.3.9 Trader Joe’s
