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Business

The Low Fat Beef Market is Expected to Grow Rapidly

The low-fat beef market refers to a segment of the beef industry that focuses on producing leaner cuts of beef with reduced levels of fat. This type of product is typically marketed to health-conscious consumers who are looking for ways to reduce their saturated fat intake without sacrificing the taste or nutritional benefits of beef. Low-fat beef products are typically made by selecting and breeding cattle breeds that naturally produce leaner meat. Additionally, these products may be produced using specialized feeding and management practices that promote lean muscle development and reduce fat deposition.

Low-fat beef products are typically marketed as healthier options compared to traditional beef products, as they can help consumers meet their daily nutritional requirements while reducing their risk of heart disease, obesity, and other diet-related health problems. The demand for low-fat beef products has been steadily increasing in recent years as consumers become more health-conscious and seek out healthier food options.

However, it is important to note that while low-fat beef products may be lower in saturated fat, they still contain cholesterol and may not be suitable for people with certain health conditions. As with all dietary choices, consumers should consult with their healthcare provider to determine the best diet for their individual needs.

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Key findings of the Low Fat Beef market study:

  • The report provides a present market outlook on Low Fat Beef. Additionally, the Low Fat Beef market share is anticipated to grow with a CAGR of % in the forecast period.
  • Regional breakdown of the Low Fat Beef market based on predefined taxonomy.
  • Innovative manufacturing processes implemented by Low Fat Beef vendors in detail.
  • Region-wise and country-wise fragmentation of the Low Fat Beef market to grasp the revenue, and growth outlook in these areas.
  • Changing preferences among consumers across various regions and countries.
  • Factors (Positive and Negative) impacting the growth of the global Low Fat Beef market.
  • Low Fat Beef price, market share, and Trends forecast for assessment period 2021-2031

Low Fat Beef: Market Segmentation

·         Based on Form, Low Fat Beef can be segmented as:

    • Whole
    • Grounded

·         Based on Cut Type, Low Fat Beef can be segmented as:

    • Flank steak
    • Tenderloin
    • Eye round
    • Rump
    • Sirloin
    • Marbelled

·         Based on Type, Low Fat Beef can be segmented as:

    • Regular
    • Canned
    • Frozen
    • Chilled

·         Based on Distribution Channel, Low Fat Beef can be segmented as:

    • B2B
    • B2C
      • Hypermarkets/Supermarkets
      • Convenience Stores
      • Specialty Food Stores
      • Online Retail

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What makes this Research different from others?  

  • COVID- Impact analysis- The report includes details of the impact of the pandemic on the Low Fat Beef market further including insights on the pre-COVID situation. Additionally, this report benefits in terms of post-COVID recovery prospects, changing consumer demands, and buying patterns valuable for Low Fat Beef companies.
  • Industrial trend analysis- The research covers recent trends in the field of Low Fat Beef which are augmented with the applicable technologies and shifts in industrial processes. The scope for digital and industrial technologies is discussed in order to help client firms to understand the benefits and risks included in light of market trends.
  • Low Fat Beef Sustainability metrics- The rising concerns of environmentally friendly production and consumption are taken to next level in this research, as research is focused on emerging methods of ensuring sustainability. These insights include climate-friendly initiatives adopted by some players in the industry. Furthermore, details of manufacturers’ impact on carbon footprint are evaluated intend to make clients aware of their contribution to sustainable development goals.

Competitive Landscape

The Low Fat Beef industry is dominated by some prominent players including

  • JBS USA Holdings Inc.
  • Tyson Foods Inc.,
  • Cargill Meat Solutions Corp.,
  • SYSCO Corp.
  •  Smithfield Foods Inc
  • National Beef Packaging Co. LLC
  • American Foods Group LLC
  • Perdue Farms Inc.
  • OSI Group LLC
  • Keystone Foods LLC
  • George’s Inc.
  • CTI Foods LLC
  • Greater Omaha Packing
  • Wolverine Packing Co.
  • West Liberty Foods LLC
  • Agri Beef Co

The competition in the sector is driven by key parameters such as product price, targeted customer base, and strategic marketing. Major players in the market focused on the Low Fat Beef market innovation by investing more in research and development. Furthermore, the industry players are focusing on the extensive usage of online distribution channels for enhanced cost-effectiveness. The sustainability in the supply chain is a decisive factor for Low Fat Beef brands leading to an impact on the margin profits of firms.

Report Benefits & Key Questions Answered

  • Low Fat Beef Company & brand share analysis: Company and brand share analysis on Low Fat Beef reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players
  • Low Fat Beef Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Low Fat Beef
  • Low Fat Beef Category & segment level analysis: Fact.MR’s Low Fat Beef sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify sales potential and set sales targets at local, country, and regional level.
  • Low Fat Beef Consumption by demographics: The market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers
  • Post COVID consumer spending on Low Fat Beef: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior
  • Manufacturing trend analysis: Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments
Categories
Pharmaceutical

Low Fat Beef Market Size, Analysis, and Forecast Report 2021-2031

Low Fat Beef: Market Outlook

Prime source calories from meat and meat products are fats and proteins. Fat content in the beef is usually saturated fatty acids and have less content of polyunsaturated fatty acids, and thus, owing to a high concentration of saturated fatty acids brings intricate risks stimulating unhealthy lifestyle, cardiovascular diseases, and many more.

The United States is anticipated to hold a significant market share owing to the established consumer base in the region. As The American Dietary Guidelines recommended limiting the intake of fat to less than 30% of the calorie consumption, consumers are ardently welcoming low fat beef in the regional market. China is anticipated to follow the United States in high consumption of low fat beef owing to the large population of non-vegetarians.

With rising awareness among the population and a dedicated established consumer base for beef in countries of the Middle East and Africa, low fat beef is anticipated to witness high growth in the forecast period.

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Low Fat Beef: Market Segmentation

  • Based on Form, Low Fat Beef can be segmented as:

    • Whole
    • Grounded
  • Based on Cut Type, Low Fat Beef can be segmented as:

    • Flank steak
    • Tenderloin
    • Eye round
    • Rump
    • Sirloin
    • Marbelled
  • Based on Type, Low Fat Beef can be segmented as:

    • Regular
    • Canned
    • Frozen
    • Chilled
  • Based on Distribution Channel, Low Fat Beef can be segmented as:

    • B2B
    • B2C
      • Hypermarkets/Supermarkets
      • Convenience Stores
      • Specialty Food Stores
      • Online Retail

Health Consciousness Bolstering the Market

Due to the rise in health consciousness, the consumer base has already started adapting several cooking methods, for instance, reduced use of oil and butter while cooking, avoid fried and high carb food.

Coherent to this, a rise in demand for fortified food like low fat beef is spotted among the global population with the aim of achieving a healthy lifestyle as well as improved body function.

A rising sedentary lifestyle among the urban population is allowing them to have very little time for mobility to shed that fat gained by sitting for long hours. Owing to this, consumers are opting for low-fat beef to optimize the nutrient content in the diet.

Growing Food Service Industry to Enhance Consumption of Low Fat Beef

The food service industry including the fast food chain, café, restaurant, and others are all experiencing a hike in consumption of meat, however, growing demand for healthy foods among consumers is urging players of food service industry to include low fat beef in the menu.

Many steakhouses are enhancing their menus with beef cut which are healthier and salad to complement the same. Steakhouses such as Outback Steakhouse and Lonestar Steakhouse are including such as low fat beef in their menus to address this growing demand.

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Low Fat Beef: Key Players

  • JBS USA Holdings Inc.
  • Tyson Foods Inc.,
  • Cargill Meat Solutions Corp.,
  • SYSCO Corp.
  •  Smithfield Foods Inc
  • National Beef Packaging Co. LLC
  • American Foods Group LLC
  • Perdue Farms Inc.
  • OSI Group LLC
  • Keystone Foods LLC
  • George’s Inc.
  • CTI Foods LLC
  • Greater Omaha Packing
  • Wolverine Packing Co.
  • West Liberty Foods LLC
  • Agri Beef Co

are some of the key players of Low Fat Beef market.

Effective Supply Chain to Facilitate Growth of Low Fat Beef Market

The rising number of cold storage and local slaughterhouses is opening novel opportunities in the low fat beef market. To facilitate the growth of the market, players are ensuring to minimize all the challenges that might occur in the supply chain such as challenges related to storage and preservation of low fat beef as increased production can only bring profitability to the manufacturers as they are able to channel the product safely to the market.

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