Beef Market Size, Growth, and Trends 2025 to 2035

Beef Market Size 2025 to 2035

The global beef market size was calculated at USD 579.16 billion in 2025 and is forecast to rise from USD 604.06 billion in 2026 to approximately USD 882.35 billion by 2035, with a CAGR of 4.3% during the forecast period from 2026 to 2035. Increasing demand for the high-quality protein for health management majorly contributing for the market growth.

Key Highlights

• By region, Asia Pacific dominated the market with the highest share of 49% in 2025. In recent years, the region went through swift industrialization and urbanization, because of that net income of the population increased substantially and increasing demand for beef. 
• By region, North America is observed to grow at the fastest rate during the forecast period. There is increasing attentiveness among beef producers, customers, and other beef supply chain shareholder in attaining considerable sustainability within the industry fostering the beef market.
• By cut, the loin cut segment contributed the largest market share of 37% market in 2025. Loin beef sections are some of the most flavorful, tender, and juicy and thus demand is boosting.
• By cut, the brisket segment is seen to grow at a notable rate during the predicted timeframe. Brisket is a piece of meat taken from the breast or lower chest of beef which is cheap and nutritious thus consumed by more consumers. 
• By slaughter method, the halal beef segment held the largest share of the market in 2025. With the growth of the Muslim community, the need for halal food items, particularly beef, also rises. 
• By slaughter method, the kosher beef segment expected to grow at the fastest rate in the market during the forecast period. For religious reasons, Orthodox Jews exclusively buy meat that has kosher certification.

Beef Industry Coverage

Market Overview

Beef is obtained from the completely grown and developed cattle; beef market encompasses of supply and production of beef. Customers from Generation X and Millennials are contributing the market by demanding for easy and instant protein. Hectic schedules and health consciousness and fitness of consumers look for the instant and protein-loaded option. Suitable beef-derived products such as beef jerky or protein bar, ready to eat meals completing the need of protein conveniently. This demand for easy and suited protein sources is the significant driving factor for the market expansion. Rapid urbanization and development in developing countries, increased net income, rising population rising the demand of protein for complete nutrition. Expansion food sector, increasing number of restaurants and café, rising demand for quick foods, collectively, all these factors are contributing to the growth of beef production and market.

Predicted Beef Price for 2025 

• From June 2025 to July 2025, prices of retail beef and veal increased for the seventh month in a row. The prices for beef and veal increased by 2.5% from June 2025 to July 2025 and were higher by 11.3% in July 2025 compared to July 2024. According to the USDA, ERS Cattle & Beef Sector at a glance, the U.S. cattle herd has decreased since 2019. 
• Moreover, the USDA, ERS Livestock, Dairy, and Poultry Outlook analyses and forecasts report that the consumer demand remained robust to face tighter supplies. 
• The prices for both beef and veal are expected to rise by 9.9% in 2025, with a prediction interval of 7.2 to 12.9%.

Beef Market Trends 

• Spurring demand for the organic and sustainable products increasing the market of organic beef. As the trend of premium and branded products surging consumers are focusing on high quality certified beef products. Similarly, Grain-fed beef also called organic beef can be construed as meat which emanated from animals that are not administered with medications, and antibiotics.
• For instance, in February 2025, Charcutnuvo, a family legacy brand, launched new collaboration with Regenerative Organic Certified® farms to provide range of beef sausage with enhanced flavor, quality and ethically sourced beef. 
• Expansion of meat distribution channels and rise of digital platforms supporting the beef market advancements. Convenience store, supermarkets and hypermarkets are providing the fresh and processed beef to the consumers. Online meat shopping platforms have received more acceptance especially after COVID-19 pandemic. 
• Various government programs, initiatives and assistance for animal healthcare and welfare, breeding, feed and fodder for livestock commodities as well as collaborations, expansions, agreements from key market players leveraging the market.
• For instance, the EU is a significant producer of beef and veal, boasting a total population of approximately 78 million cattle. The EU provides income support payments to assist its farmers. Furthermore, the EU employs various market interventions to stabilize beef and veal markets when needed. The EU overs ees the beef and veal market to detect market fluctuations, deliver precise information to farmers and processors regarding market conditions, and assist in public policy decision-making.

Market Opportunity 

Innovation In Technology Transforming the Beef Market 

Beef producers employ targeted production methods to address environmental and weather-related issues. These methods encompass a range of management approaches, distinct production systems, and technologies aimed at improving beef production. Lately, the livestock sector has started incorporating advanced technological tools into production workflows to enhance resource management. This technology, referred to as precision livestock farming, encompasses sensors, big data analytics, blockchain technology, and robotics. Precision agriculture instruments like GPS-guided machinery and data analytics enhance cattle farming methods. Blockchain technology enhances traceability, guaranteeing food safety, benefiting the beef market expansion. 

Market Challenge 

Rising Veganism and Supply Chain Disruption Hampering the Market 

Consumers preference for the plant based vegan food due to environmental concern and animal welfare hindering the demand for beef. Because of the shrinkage of beef heard, ongoing drought, increased producer input costs, supply chain problems, declining the supply of the beef from manufacturers and leads to the increased product cost. Recently, fertilizer, vaccines, and cattle identification products, also affected by the disruption of supply chain. 

Trade Analysis of the Beef Market

• Globally, the leading exporters of beef are the United States, Brazil, and Australia. The United States ranks first in beef exports, with a total of 194,822 shipments, followed by Brazil with 155,944 shipments, and Australia in third place with 72,149 shipments. 
• Conversely, the foremost importers of beef worldwide are China, the United States, and Japan. China ranks highest in beef imports, accounting for 116,371 shipments, followed by the United States with 113,189 shipments, and Japan, which imports 36,005 shipments.

Value Chain Analysis of the Beef Market

Production

• Involves basic husbandry practices, feeding, and healthcare, with value added through animal growth and conditioning.
• Key players: Feed mills, vets, farm supply stores

Processing of beef

• Slaughtering, butchering, packaging, and further processing, which include specific cuts, organic beef, or value-added products, significantly increase the product's value and marketability.
• Key players: JBS, Cargill, Tyson Foods, Marfrig, and Tesco

Distribution & Sales

• Efficient logistics and appropriate storage, e.g., cold rooms, ensure product safety and quality upon delivery to retailers and end-users, thus maintaining and adding value.
• Key players: Wholesalers, Retail chains, Hotels/Restaurants, Exporters, Butchers.

Beef Market Regional Insights 

Asia Pacific Segment Held the Dominating Share of the Beef Market in 2025

In recent years, the region went through swift industrialization and urbanization, because of that net income of the population increased substantially. This resulted in augmented need for protein-loaded, high-standard, and nutritious meat products. Advancements in beef supply chain networks contributing to the expansion of the market Asia Pacific region. The producers have saw significant influx of funding in novel agriculture methods, with producers choosing advanced breeding methods and automated feeding systems. These technological developments in beef industries boosting the market.

The Asia Pacific beef market size was calculated at USD 283.79 billion in 2025 and is forecast to rise from USD 295.99 billion in 2026 to approximately USD 432.35 billion by 2035, with a CAGR of 4.3% during the forecast period from 2026 to 2035.

Indian Beef Market Trends

India is the second-largest country, leading the regional market, driven by its large domestic livestock population, robust government support policies, and growing demand for beef as a cost-effective protein source across a health-conscious consumer base. 

According to the United States Department of Agriculture (USDA) prediction, India is expected to increase its beef, specifically carabeef production and export in 2025, driven by the Indian government's policy support, spurring domestic and global demands. In 2025, the number of bovine cattle, Bos taurus and Bos indicus, and Asian domestic water buffalo, Bubalus bubalis, was 307.5 million in India. (Source: The New Indian Express)

Emerging Beef Market of China 

Third largest beef producer globally is China and is the biggest producer in Asia. Beef cattle production is the conventional activity of the China and is the vital component for the economical development. China’s market growth is attributed to the rapid urbanization and development, consumers preference for western foods and import of beef. The recent data from 2023 found that about of 1.8 million tonnes of fresh and frozen beef was imported from China. There was 6% rise in comparison with the year 2022. 

North America Beef Market is Observed to Grow at the Fastest Rate During the Forecast Period

Beef production in North America, especially in the Canada and United, is distinguished by three main constituents including cow-calf, stocker, and feedlot operations. There is increasing attentiveness among beef producers, customers, and other beef supply chain shareholder in attaining considerable sustainability within the industry fostering the market. Additionally, development in technology for beef production, distribution and supply leveraging the market.

U.S. Tariff's Impact on the Beef Market 

The US 2026 beef import to 4.95 billion lb in August was revised by the US Department of Agriculture, down 6.1 year over year and 7.5% from its July estimation for US tariffs.  The estimation for 2025 beef imports by the USDA was at 5.274 billion lb, decares 103 million lb (1.9%) from its July estimation for MY 2025, but 639 million lb (13.8%) from MY 2024, according to the USDA data. (Source: S&P Global)

Leveraging Beef Market of United States  

Beef market of the United States is expanding, which is attributed to the increased demand of protein, convenient and ready to eat food, increased working population, and expanding food sector. Furthermore, various initiative and subsidies provided by the welfare of the livestock commodities boosting the market. From 2018 to 2023, the U.S. Department of Agriculture distributed $12.1 billion in total assistance to the leading 10,000 agricultural producers, recognized as those receiving the most federal financial aid, managing livestock feeding operations across the U.S. During this period, dairy, hogs, and beef cattle were the three main categories receiving livestock feeding assistance. The USDA projected an increase in beef production to 4.64 million metric tons (MMT) in 2024, up from 4.57 MMT, and forecasts exports to rise to 1.64 MMT, an increase from 1.56 MMT in 2023. 

The European beef market presents considerable growth opportunities driven by several factors. Shifting consumer preferences towards high-quality, organic, and sustainably sourced beef products are propelling market expansion, as consumers increasingly demand transparency and traceability in their food choices. Furthermore, the growing awareness of the health benefits associated with protein-rich diets is enhancing demand for beef products, which are renowned for their rich nutrient content, including protein, iron, and vitamins.

In Germany, the beef market is experiencing growth fueled by consumer demand for premium, organic, and sustainably sourced beef, as well as ethical and environmental concerns. The nation’s strong culinary tradition for quality meat is supported by technological advancements in traceability and efficient supply chains. Nevertheless, the market faces challenges from plant-based alternatives and prevailing health trends. Rising disposable incomes and the expansion of e-commerce are also contributing to the demand for high-quality, convenient beef products, while local farming practices and governmental support promote organic growth.

The beef market in the Middle East and Africa (MEA) is expanding due to increasing disposable incomes, population growth, urbanization, and Western dietary influences, resulting in heightened demand for protein-rich foods and premium cuts, such as Wagyu beef. Key growth drivers include a flourishing tourism and hospitality sector that requires a diverse range of beef options, a growing demand for convenience in processed and frozen foods, and technological advancements in production that collectively enhance consumption across the region.

In the United Arab Emirates (UAE), the beef market is significantly influenced by a growing expatriate population, an increasing demand for premium meat products, and a rising consumer interest in protein-rich diets. The expansion of contemporary retail and foodservice industries, which offer a variety of international and halal-certified beef options, further supports market growth.

The South American beef market is currently experiencing steady growth, propelled by robust domestic demand, cultural significance, rising income levels, and enhanced export opportunities. Beef is an integral dietary staple, with high consumption rates observed in countries such as Brazil and Argentina. This growth is further stimulated by increased incomes and urbanization that lead to a demand for convenient processed products. South America is positioned as a major global beef supplier, expected to control 50% of the world's beef trade within the next five years, owing to its competitiveness and abundant cattle supply.

In Brazil, the beef market is anticipated to undergo rapid growth, primarily driven by record-breaking exports projected for 2025 and 2026. This growth is characterized by significant revenue increases, particularly in exports to China, despite facing global challenges such as tariffs imposed by the United States. Brazil's emerging position as a crucial global supplier amid worldwide shortages is further supported by rising consumer interest in premium cuts, including brisket, and niche segments such as organic and halal-certified beef.

Segmental Insights 

Cut Insights

Loin Cut Segment Dominated the Beef Market With the Largest Share in 2025 

Loin beef portions are derived from the region below the spine. The Loin begins at the hip and consists of the Sirloin, Short Loin, and Tenderloin. Loin beef sections are some of the most flavorful, tender, and juicy. The way consumers perceive beef products is strongly tied to their preferences for certain palatability traits, with tenderness, juiciness, and flavor collectively impacting overall enjoyment. 

The Brisket Segment is Seen to Grow at a Notable Rate During the Predicted Timeframe  

Brisket is a piece of meat taken from the breast or lower chest of beef or veal. Brisket is not a costly cut. It is, nevertheless, a nutritious one. As brisket has a high amount of connective tissue, it indicates that it is rich in collagen, the body's most prevalent protein. Collagen is essential for maintaining healthy joints and maintaining skin elasticity. Brisket meat contains high amounts of oleic acid. This aids in reducing harmful cholesterol while increasing the levels of the beneficial type. Brisket is loaded with protein. These benefits of brisket boosting the market. 

Slaughter Method Insights

Halal Beef Segment Held the Largest Share of the Beef Market in 2025 

With the growth of the Muslim community, the need for halal food items, particularly beef, also rises. The focus on humane and ethical treatment of animals is on the rise, and the halal slaughter method, designed to reduce animal suffering, is becoming more acknowledged and accepted. The food market is progressively seeking higher quality, natural, and eco-friendly meat products, which are viewed as healthier than traditional options. Alongside various other alternatives to traditional meat, halal meat is appealing to consumers globally, regardless of their faith. Hence, halal meat and meat products are becoming more accessible in supermarkets and fast-food chains. Like organic meat, halal meat is derived from grass-fed livestock that are not given antibiotics or growth hormones; furthermore, the slaughtering process is more compassionate towards the animals. In general, halal meat production is anticipated to offer superior nutritional value compared to traditional meat, thus delivering considerable health advantages. 

Kosher Beef Segment Expected to Grow at the Fastest Rate in the Market During the Forecast Period

For religious reasons, Orthodox Jews exclusively buy meat that has kosher certification. Therefore, the kosher beef market, is important as it caters specifically to this portion of the population. The quality of Kosher products is celebrated globally for being healthy and sustainable, closely linked to the production methods, particularly the slaughtering process, as well as the sanitary and strict conditions in which animals are raised. Ideas like health and sustainability have a significant impact on consumers food selections; in fact, many individuals are attracted to authentic, healthy items like Kosher meat, even if they don't practice Judaism. 

Recent Developments in the Beef Market

Performance Food Group

• In November 2024, Performance Food Group Company introduced its product from the FarmSmart® brand - the Beef & Jackfruit Burger. This item blends the distinctiveness of premium beef with the pure, meat-like traits of jackfruit, offered by The Jackfruit Company, the innovative brand leading in plant-based meat alternatives. This creative product provides a noticeable and pleasurable meat experience while improving nutrition and reducing their environmental impact.

McDonald’s, and Syngenta North America

• Collaboration: in November 2024, McDonald’s USA, Lopez Foods, a long-time supplier and multi-protein producer for McDonald’s, and Syngenta North America, a leader in agricultural innovation, revealed their partnership to boost feed productivity, a step intended to lower greenhouse gas emissions per pound of meat produced, as part of their initiative to enhance the comprehensive sustainability of beef farming.

Impossible Foods 

• Launch: In March 2025, Impossible Foods launched a new product called Impossible Beef Sliders for customers. These bite-sized plant-based burgers deliver a comparable flavor profile and texture that customers associate with the brand’s signature Impossible Burger, but in a more convenient, smaller size.

Beef Market Leading Companies

• Cargill Inc
• JBS S.A.
• Tyson Foods
• Marfrig Global Foods
• WH Group
• BRF SA
• National Beef Packing Company
• Hormel Foods Corporation
• Danish Crown
• Smithfield Foods
• Vion Food Group
• Conagra Brands Inc
• GOOD Meat, Inc.
• Minerva Foods
• Pilgrim's Pride
• SYSCO Corporation
• NH Foods Ltd
• Nippon Meat Packers, Inc

Segments Covered in the Report

By Cut

• Brisket
• Shank
• Loin
• Others

By Slaughter Method

• Kosher
• Halal
• Others

By Region

• North America 
• Europe 
• Asia Pacific 
• Middle East and Africa (MEA) 
• Latin America