Global Frozen Beef Market Outlook

Synopsis
The above chart is Global Frozen Beef Market Outlook (2018 to 2032)

Market Dynamics

the global frozen beef market is projected to experience a steady growth during the forecast period 2018-2032. while cow meat is the major component of frozen beef, it also includes bull meat, bull calf, cow calf and other types of beef. the global frozen beef market is driven by the rising demand for convenient and ready-to-eat meals not only from households but also from restaurants, hospitals, and foodservice outlets particularly in the developing regions where freezing and storing processes are more convenient. there has also been an increase in the number of working couples, who are more conscious about their health, which in turn has driven the demand for frozen beef, as it is widely perceived as a healthier option compared to processed food. removal of trade barriers and policy reforms across different countries have played a major role in the growth in global trade of frozen beef. the market is also expected to benefit from the growing trend towards natural food products. moreover, increasing demand for value-added frozen beef products from advanced economies such as the us, japan, and some european countries, such as germany, is likely to further fuel the market growth. frozen beef consists of various types of animal proteins such as bovine, goat, and mutton. bovine frozen beef dominates the overall market due to rising consumption of burgers, hot dogs, and various other processed food items. the market is majorly dominated by global supply giants including us based cargill, inc, tyson foods inc, and india’s amrit india; and china’s wh group. in addition, increasing investments from leading market players in r&d and technological advancements in order to develop frozen beef products with better shelf life are expected to drive the market growth. frozen beef is highly susceptible to microbial contamination and loses its nutritive value, if not stored or transported in ideal conditions. hence, strict food safety laws, including food safety and control act, in most countries are restricting the market’s expansion pace. also, lack of cold chain infrastructure in developing economies is necessary to cut down the wastage of frozen beef and adverse environmental issues arising from food wastage. nevertheless, the growing awareness about health and increasing demand for organic and clean-label food products offer a great potential for the market stakeholders.