Leading Beef Country Markets Databank
The Beef market was valued at $332,190.0 Million in 2020, and is projected to reach $489,361.0 Million by 2029 growing at a CAGR of 4.44% from 2021 to 2029. North America is expected to be the highest contributor to this market, with $138,191.0 Million in 2020, and is anticipated to reach $199,183.0 Million by 2029, registering a CAGR of 4.18%. Asia-Pacific is anticipated to reach $113,806.0 Million by 2029 with the highest CAGR of 5.97%. North America and Europe collectively expected to account for about 73.9% share of the Beef market in 2020, with the former constituting around 41.6% share. Asia-Pacific and North America are expected to witness significant growth rates at a CAGR of 5.97% and 4.18% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 62.0% in the overall Beef market in 2020, and is anticipated to reach 64.0% by 2029.
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