Scope of the Study
Ground beef, minced beef or beef mince is the beef which has been finely chopped with a knife or a meat grinder or mincing machine. The ground beef used in many recipes including hamburgers and spaghetti Bolognese. However, It is not the same as mincemeat, which is a mixture of chopped dried fruit, distilled spirits, spices and historically minced/ground meat. Hence, increasing usage of beef in various dishes in some regions is fuelling the market growth.
The market study is being classified by Type (Ground Chuck and Ground Sirloin), by Application (Home and Commercial) and major geographies with country level break-up.
Tyson Foods Inc. (United States), JBS USA Holdings Inc. (United States), Cargill Meat Solutions Corp. (United States), OSI Group LLC (United States), Hormel Foods Corp. (United States), SYSCO Corp. (United States), National Beef Packing Co. LLC (United States), American Foods Group LLC (United States), Keystone Foods LLC (United States) and Greater Omaha Packing (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are CTI Foods LLC (United States), Wolverine Packing Co. (United States), Agri Beef Co. (United States), West Liberty Foods LLC (United States) and Kenosha Beef International Ltd. (United States).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Ground Beef market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Ground Beef market by Type, Application and Region.
On the basis of geography, the market of Ground Beef has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- High Protein Content as Compared to Other Meat Forms
- Rising Consumer Disposable Income
- Inclination of Individuals Towards Non-Vegetarian Foods
- High Costs Associate with Beef
- Government Restrictions on Beef in Some of the Countries
- Increasing Population is Leading to Rising Consumption of Beef
- Improved Living Standards of People
- Limited Production of Beef Leading to Supply Demand Gap
Key Target AudienceManufacturers, Raw material suppliers, Government associations, Research organisations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase