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Beef Market - Global Industry Analysis, Size, Share, Growth, Trends, Forecast 2015 – 2021

  • Date Submitted: 12/01/2015 09:09 PM
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Beef Market - Global Industry Analysis,
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2015 - 2021

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Beef is a culinary name for meat which is obtained from animals such as buffalos and cows. Beef is one of the world most
consumed meat after pork in terms of volume consumption. Beef can be harvested from bulls, cows, steers or heifers.
Acceptability of beef as a food source varies in different parts of the world. Beef can be cooked in several ways such as grilling,
roasting, broiling, griddle and barbeque.
The major driving factor that is fuelling the demand for the global beef market is the rise in the disposable income of the
consumers across the world. Rise in urbanization is another major factor that is driving the beef market across the world.
Moreover, beef is high in protein, thus the increase in awareness of high protein consumption is met by beef. In addition, the
food safety issues such as pathogen detection problems and chemical residue in meat products such as poultry and pork has
increased the demand for the beef market across the world. The notable gap between demand and supply of beef due to its
limited production because of several environmental and political factors is one of the major factors that is restraining the
demand for the beef market globally. In addition, price rise of beef in the developed markets due to limited supply of beef from
North America is another restraining factor of the beef market.
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