Market Size, Growth & Trends | Forecast Report [2032]
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The global market size was valued at USD 436.60 billion in 2023 and is projected to grow from USD 459.87 billion in 2024 to USD 656.44 billion by 2032, exhibiting a CAGR of 5.52% during the forecast period. This market is witnessing progressive growth due to increasing demand for steaks, ground cuts, and other similar products.
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SOURCE: Farmer & Cowboy Magazine – beef
AND ANGUS NEWS: Farmer & Beef Satireh
NOTE: Raising beef cattle and managing beef production requires a comprehensive understanding of various aspects, from breed selection and nutrition to health management and marketing. By implementing best practices and staying informed about industry trends, farmers can achieve success in beef cattle farming. Sustainable practices, effective management, and a commitment to animal welfare are essential for long-term profitability and the well-being of the herd. Whether starting a new operation or improving an existing one, this guide provides valuable insights and strategies to help farmers thrive in the beef cattle industry.