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2024

UK Beef Market

UK Beef Market Size, Share, Competitive Landscape and Trend Analysis Report, by Distribution Channel, by Product Type, by Cut Type : Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: Jaya Bundele | Roshan Deshmukh
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UK Beef Market Research, 2032

Market Introduction

The UK beef market size was valued at $16.4 billion in 2022, and is projected to reach $24.2 billion by 2032, growing at a CAGR of 4% from 2023 to 2032. A major part of the UK's agricultural and food industries, the UK beef market growth is fueled by strong domestic demand and a quality premium. As one of the leading beef producers in Europe, the UK's beef is sold in the market alongside beef imported from domestic cow farms. Modern sustainability techniques combined with traditional farming methods ensure animal care and environmental responsibility in the production of beef. Consumer preferences for premium cuts, organic, and grass-fed meat, as well as increased interest in sustainability and traceability, all have an impact on the UK beef market forecast. Trade agreements made after Brexit, modifications to export laws, and growing input costs are all having an impact on the UK beef market's dynamics.

UK Beef Market

Key Market Dynamics

The growing consumer desire for healthier and more ethically produced food has led to a notable increase in demand for premium, grass-fed beef. Growing consumer knowledge of the adverse environmental impacts of cattle production has increased this trend and encouraged them to look for products that are obtained responsibly. Regenerative farming techniques are therefore being adopted by a large number of UK beef producers to improve soil health and lower carbon emissions.
Moreover, growing production costs, especially in feed and energy, provide challenges for the UK beef market demand. Political instability and supply chain interruptions have made these expenses more severe, putting further strain on farmers' profit margins. The industry is investigating technological advancements in farming and substitute protein sources to stay competitive. Additionally, trade dynamics are vital as the UK deals with new trade agreements and tariff regimes, particularly in the aftermath of Brexit. Export prospects to non-EU nations are growing, which could stimulate the sector; yet, to successfully access these markets, quality requirements and regulatory obstacles must be fulfilled.

Furthermore, the traditional beef industry faces challenges as well as UK beef market opportunities from the growing popularity of plant-based diets and meat substitutes. Producers are responding by broadening the range of products they provide, such as hybrid products that combine beef with plant-based ingredients to appeal to a wider customer base. As a result, consumer preferences for sustainable practices, growing production costs, changing trade dynamics, and the growing acceptance of alternative protein sources are all influencing the UK beef market share. The market's future trajectory will continue to be determined by these dynamics, which will obligate stakeholders to innovate and adapt in response to shifting consumer needs.

Market Segmentation

The UK beef industry is segmented into product type, cut type, and distribution channel. By product type, the market is classified into loin, chuck, round, brisket, rib, and others. By cut type, the market is segmented into ground beef, steaks, roasts, cubed, and others. On the basis of distribution channel, the market is segmented into supermarkets and hypermarkets, retail stores, wholesalers, e-commerce, and others.

A common ingredient in British homes, ground beef is mostly made from different kinds of beef and is used to make burgers, meatballs, and cottage pie. Recent UK beef market trends show that consumers who are concerned about their health are favoring leaner cuts more and more. A wider trend toward sustainability is also reflected in the market's increasing demand for grass-fed and ethically sourced beef. The popularity of online purchasing has increased as more people go to e-commerce platforms for simple ways to buy ground beef.

Industry Trends

Sustainability and health consciousness are becoming more important factors in the UK beef market. Environmentally conscious companies are becoming more common. One example is ABP Food Group, which plans to achieve net-zero emissions by 2050. Leaner cuts and grass-fed choices are in high demand because of consumer goals for healthier diets. Producers can maximize harvests while minimizing their environmental impact due to technological advancements like precision agriculture. Furthermore, the emergence of plant-based substitutes has prompted conventional beef producers to expand their product lines; Dawn Meats, for example, has experimented with hybrid products to adapt to shifting consumer preferences. In general, the market has responded to these shifts by implementing more transparent supply chains, innovative products, and sustainable practices.

Competitive Landscape

The key players operating in the UK Beef Market are ABP Food Group, Dawn Meats, Tulip Ltd., Dunbia, Cargill, Oakham Meats, Scottish Beef, Meat and Livestock Australia (MLA) , Dovecote Park, and Harrison & Hetherington. These players have adopted various developmental strategies to stay competitive in the market. Sustainability, which includes enhancing animal care, lowering carbon footprints, and making sure supply chains are environmentally friendly, is becoming a key strategy for many beef producers in the UK. For instance, ABP Food Group has invested in renewable energy sources and reduced greenhouse gas emissions, among other sustainability measures. They have also established a framework for beef sustainability to encourage producers to implement more sustainable techniques.

Key Benefits For Stakeholders

  • Enable informed decision-making process and offer UK beef market analysis based on current market situation and estimated future trends.
  • Analyze the key strategies adopted by major market players in UK beef market.
  • Assess and rank the top factors that are expected to affect the growth of UK beef market.
  • Top Player positioning provides a clear understanding of the present position of market players.
  • Detailed analysis of the UK beef market segmentation assists to determine the prevailing market opportunities.
  • Identify key investment pockets for various offerings in the market.

UK Beef Market Report Highlights

Aspects Details
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Market Size By 2032

USD 24.2 Billion

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Growth Rate

CAGR of 4%

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Forecast period

2023 - 2032

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Report Pages

70

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By Distribution Channel
  • Supermarket and Hypermarket
  • Retail Store
  • Wholesaler
  • E commerce
  • Others
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By Product Type
  • Loin
  • Chuck
  • Round
  • Brisket
  • Rib
  • Others
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By Cut Type
  • Ground Beef
  • Steaks
  • Roasts
  • Cubed
  • Others
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Key Market Players

Oakham Meats, abp food group, Cargill, dovecote park ltd, Dunbia, Harrison & Hetherington, dawn meats group, Meat and Livestock Australia (MLA), Scottish Beef, Tulip Ltd.

Author Name(s) : Jaya Bundele | Roshan Deshmukh
Frequently Asked Questions?

The UK Beef Market is projected to grow at a CAGR of 4 % from 2023 to 2032

abp food group, dawn meats group, Tulip Ltd., Dunbia, Cargill, Oakham Meats, Scottish Beef, Meat and Livestock Australia (MLA), dovecote park ltd, Harrison & Hetherington are the leading players in UK Beef Market

1. Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends. 2. Analyze the key strategies adopted by major market players in UK beef market. 3. Assess and rank the top factors that are expected to affect the growth of UK beef market. 4. Top Player positioning provides a clear understanding of the present position of market players. 5. Detailed analysis of the UK beef market segmentation assists to determine the prevailing ma

UK Beef Market is classified as by distribution channel, by product type, by cut type

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UK Beef Market

Opportunity Analysis and Industry Forecast, 2023-2032