World - Beef (Cattle Meat) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingUs Beef Cuts
US beef is regarded as some of the best in the world due to its high quality and consistency. These qualities are attributed to the strict regulations in place that dictate how cattle are raised and processed in the US. When it comes to beef cuts, there are several different types available, each with their own unique characteristics and preparation methods.
Beef Primal Cuts
The first thing to understand about beef cuts is that they are typically divided into primal cuts, which are large sections of the animal that are then further divided into smaller cuts. The eight beef primal cuts are:
- Chuck
- Rib
- Loin
- Sirloin
- Round
- Flank
- Short Plate
- Brisket
Cuts From the Chuck
The chuck refers to the shoulder area of the steer and is home to some of the most flavorful cuts of beef. Cuts from the chuck include:
- Chuck roast: a large, tough cut that benefits from slow cooking in a pot roast or stew
- Shoulder steak: a flavorful, budget-friendly cut that can be grilled or pan-fried
- Short ribs: a meaty, flavorful cut that benefits from slow cooking
- Chuck eye steak: a tender cut that can be grilled or pan-fried
Cuts From the Rib
The rib primal cut runs from the sixth to the twelfth rib and includes some of the most expensive and sought-after cuts of beef. Cuts from the rib include:
- Ribeye steak: a tender, well-marbled steak that is best cooked on the grill or in a cast-iron skillet
- Prime rib: a large, bone-in roast that is seasoned with herbs and slow-roasted to perfection
- Back ribs: a meaty, flavorful cut that benefits from slow cooking
Cuts From the Loin
The loin primal cut is located in the back of the steer and includes some of the most tender and expensive cuts of beef. Cuts from the loin include:
- Tenderloin: a very tender and expensive cut that is often served as filet mignon
- New York strip steak: a flavorful, tender steak that is best cooked on the grill or in a cast-iron skillet
- Top sirloin: a lean and flavorful cut that is best grilled or pan-fried
Cuts From the Sirloin
The sirloin primal cut is located just behind the loin and includes some of the most popular cuts of beef. Cuts from the sirloin include:
- Sirloin steak: a flavorful and relatively inexpensive cut that is best grilled or pan-fried
- Tri-tip: a flavorful cut that is best grilled or roasted
Cuts From the Round
The round primal cut is located in the hindquarters of the steer and includes some of the leanest cuts of beef. Cuts from the round include:
- Eye of round roast: a lean and relatively inexpensive cut that benefits from slow cooking
- Top round roast: a lean and flavorful cut that is best roasted or braised
- Bottom round roast: a lean and flavorful cut that is best roasted or braised
Cuts From the Flank
The flank is a lean and flavorful cut that is located just below the loin. Cuts from the flank include:
- Flank steak: a flavorful and relatively inexpensive cut that is best marinated and grilled or broiled
Cuts From the Short Plate
The short plate is located in the lower belly area of the steer and includes some fairly inexpensive and flavorful cuts. Cuts from the short plate include:
- Skirt steak: a flavorful and relatively inexpensive cut that is best grilled or pan-fried
- Short ribs: a meaty and flavorful cut that benefits from slow cooking
Cuts From the Brisket
The brisket is located in the lower chest area of the steer and is a tough and flavorful cut that benefits from slow cooking. Cuts from the brisket include:
- Brisket: a large, bone-in cut that is often smoked or slow-roasted and used in dishes such as barbecue beef brisket
When buying beef cuts, it's important to understand the different cuts available and how they should be prepared. Whether you're looking for a tender and expensive cut or a budget-friendly option, there is a cut of beef out there for every taste and budget.
This report provides an in-depth analysis of the global beef market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 947 - Buffalo meat
- FCL 867 - Meat of cattle
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Company coverage:
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- PRODUCING ANIMALS AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Producing Animals, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Producing Animals, By Country, 2023
- Producing Animals, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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Explore the top import markets for beef, including China, the United States, South Korea, and more. Discover key statistics and figures from the IndexBox market intelligence platform.
The global beef market stood at $379.4B in 2021, approximately mirroring the previous year. This figure reflects the...
The global beef market revenue amounted to $385.7B in 2018, growing by 5.1% against the previous year. This figure...
Global beef market remained relatively stable, rising from X tons in 2007, to X tons in 2016.
Global beef consumption amounted to X thousand tons in 2015, standing approx. at the previous year level.
Global beef exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
Global beef imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
In 2015, the countries with the highest levels of production in 2015 were the United States (X thousand tons), Brazil (X thousand tons), China (X thousand tons), together accounting for X% of total output.
France dominates in the global beef trade. In 2014, France exported X thousand tons of beef totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total beef exports in value terms
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