IndexBox has just released a new report “U.S. Beef, Veal, Lamb And Mutton Market. Analysis And Forecast to 2025“.
According to the report, the value of beef production in the U.S. stood at $87.6B in 2016, lowering by -7.6% from the previous year. Overall, the U.S. beef output pursued a pronounced growth from 2007 to 2016. The total output figures increased at an average annual rate of +2.4%. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The most significant growth was recorded in 2010, when the value of production increased by +16% Y-o-Y. Over the period under review, the output figure with regard to beef in the United States peaked at $100.9B in 2014, leveling off in the following year.
Beef, not canned or made into sausage, made in slaughtering plants constituted the major product category in the U.S. beef manufacturing, with a share in total output standing near 59% in 2016. Pork, not canned or made into sausage, made in slaughtering plants lagged somewhat behing, accounting for only the 24% share. The other related products together comprised approx. 18% of the total output. From 2008 to 2016, the value of shipments of beef, not canned or made into sausage, made in slaughtering plants went up at an average annual rate of +2.7%. At the same time, the output of pork, not canned or made into sausage, made in slaughtering plants went up by an average +1.6% per year.
This report is designed to provide accurate and comprehensive data, as well as a detailed analysis of the current state and midterm prospects of the U.S. beef industry. It includes a market overview, which consolidates the key conclusions made from the analysis of the market study, revealing actionable insights in the beef industry. The report provides a forecast of the expected changes in the beef market in coming years, based on historical trends, external and internal factors, and the main developments affecting the market. Each section contains an in-depth analysis of the data provided. Further data in the report includes: the historical values and current projections regarding production and consumption volume, datasets on the industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
The trade section provides data on trade partners, such as historical data on imports & exports for each partner country, changes in the direction of trade, as well as import & export prices. An analysis of the beef trade shows the opportunities that are currently evolving for producers and suppliers in a changing market.
Product coverage: Beef, not canned or made into sausage, made in slaughtering plants; Veal, not canned or made into sausage, made in slaughtering plants; Lamb and mutton, not canned or made into sausage, made in slaughtering plants; Pork, not canned or made into sausage, made in slaughtering plants; Lard, made in slaughtering plants; Pork, processed or cured, not canned or made into sausage, made in slaughtering plants; Sausage and similar products, excluding canned, made in slaughtering plants; Canned meats (excluding dog, cat, and baby food), made in slaughtering plants; Hides, skins, and pelts, made in slaughtering plants; Miscellaneous by-products of slaughtering plants; Animal (except poultry) slaughtering, nsk, total.
Companies mentioned:
Tyson Foods, Hormel Foods Corporation, Seaboard Corporation, Smithfield Foods, Morrell John & Co, Clemens Food Group, Amick Farms, National Beef Packing Company, FPL Food, Indiana Packers Corporation, Dietz & Watson, Smithfield Farmland Corp., Transhumance Holding , Triumph Foods, Sam Kane Beef Processors, Rosen’s Diversified, American Foods Group, The Smithfield Packing Company Incorporated, Plumrose USA, Cargill Meat Solutions Corp, Buckhead Beef Company, Emmpak Foods, Nebraska Beef, American Beef Packers, Jbs Usa, Pinnacle Foods, Tyson Fresh Meats, Green Bay Dressed Beef, Jbs USA Holdings, Half Moon Deer Processing.
IndexBox’s methodology consists of obtaining information from a list or highly reliable sources (both paid and open), which include, but are not limited to:
– International official statistical agencies
– Governmental statistical agencies
– Official trade statistics
– Paid trade databases
– Industrial associations
– Company reports
– Industry experts
The AI platform, developed by IndexBox data scientists, compares the disparate pieces of information gathered from various sources, using the relevant methods of data cleaning, categorization, normalization, and predictive modelling for each unique situation. The market trends are provided by our experienced analysts, taking into account recent notable events in the market, in both adjacent and related markets, the raw materials markets, and in those markets, which are the main demand creators for the product under research. The forecast is created using a set of predictive and analytical models, mainly by processing country-by-country data on consumption, production, exports, imports and prices, as well as industry, economic and consumption trends, in addition to possible political and technological trends patterns.
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