Home » Consumer Goods » U.S. High-End Beef Market

U.S. High-End Beef Market

U.S. High-End Beef Market By Product Type (Wagyu Beef, Angus Beef, Hereford and Charolais Beef, Others); By End User (Households, Food Service Industry, Others); By Distribution Channel (Online Retail, Specialty Butcher Shops, Supermarkets/Hypermarkets, Others) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Price: $2699

Published: | Report ID: 82052 | Report Format : Excel, PDF
REPORT ATTRIBUTE DETAILS
Historical Period 2020-2023
Base Year 2024
Forecast Period 2025-2032
U.S. High-End Beef Market Size 2023  USD 4,910.16 million
U.S. High-End Beef Market, CAGR 6.50%
U.S. High-End Beef Market Size 2032 USD 8,123.37 million

Market Overview

The U.S. High-End Beef Market is projected to grow from USD 4,910.16 million in 2023 to an estimated USD 8,123.37 million by 2032, reflecting a compound annual growth rate (CAGR) of 6.50% from 2024 to 2032.

Several factors fuel this growth, including a rising preference for premium meat products due to their superior marbling, taste, and nutritional benefits. Consumers are increasingly willing to pay a premium for sustainably sourced and ethically raised beef, leading to higher demand for grass-fed and organic options. Technological advancements in meat processing and distribution have also enhanced supply chain efficiency, ensuring product quality and availability. Additionally, e-commerce and direct-to-consumer sales channels are expanding market reach, catering to a growing number of high-end beef enthusiasts.

Geographically, North America dominates the high-end beef market, with strong demand from states like Texas, California, and New York, where gourmet dining and high disposable incomes drive consumption. The Midwest region, known for its premium cattle ranching, plays a crucial role in the supply chain. Key players in this market include Greater Omaha Packing, Creekstone Farms, Snake River Farms, and Strauss Brands, which are investing in product innovation, branding, and sustainable farming practices to maintain a competitive edge.

Design Element 2

Access crucial information at unmatched prices!

Request your sample report today & start making informed decisions powered by Credence Research!

Download Sample

CTA Design Element 3

Market Insights

  • The U.S. High-End Beef Market is projected to grow from USD 4,910.16 million in 2023 to USD 8,123.37 million by 2032, with a CAGR of 6.50% from 2024 to 2032.
  • Increasing consumer demand for premium beef cuts such as Wagyu, Angus, and organic grass-fed beef is propelling market growth.
  • The rise of sustainable sourcing, with consumers seeking ethically raised and traceable beef, is driving demand for high-quality meat products.
  • High production costs associated with premium beef farming practices and ethical sourcing limit affordability for some consumers.
  • Supply chain disruptions caused by logistics challenges and climate-related events can impact product availability and pricing.
  • The West Coast and Midwest regions dominate the market, driven by high disposable incomes, gourmet dining, and premium beef production hubs.
  • The South and Northeast regions also contribute significantly to market growth, with strong demand from fine dining and high-income areas.

Market Drivers

 Rising Consumer Demand for Premium and Specialty Beef

The growing preference for premium beef cuts, such as Wagyu, Angus, and grass-fed organic beef, is driving significant growth in the high-end beef market. Consumers are increasingly prioritizing quality, flavor, and nutritional value, leading to a shift from conventional beef products to high-end alternatives. This trend is fueled by rising disposable incomes, enabling more individuals to afford luxury food products. For instance, the production of USDA Prime beef more than tripled between 2008 and 2018, reflecting the increasing demand for top-grade steak cuts like filet, tenderloin, and rib-eye. Additionally, the growing awareness of marbling, tenderness, and unique taste profiles has heightened consumer appreciation for high-grade beef options in urban centers where fine dining is in high demand. The expanding presence of steakhouses, premium restaurants, and artisanal butcher shops further supports this growth. Celebrity chefs and food influencers also play a pivotal role in endorsing premium cuts and specialty meat preparations. Moreover, the popularity of protein-rich diets like keto and paleo has reinforced demand for nutrient-dense, hormone-free beef as a healthier alternative to mass-produced meat. This aligns with the broader trend of premiumization in the food industry, where consumers are willing to pay more for superior quality and taste.

 Expansion of Fine Dining and Gourmet Food Culture

The rise of fine dining establishments and gourmet food culture has significantly boosted demand for high-end beef products. As consumers increasingly seek luxury dining experiences, high-quality beef has become a staple in five-star hotels, upscale restaurants, and specialty food retailers. Chefs emphasize heritage-bred and ethically sourced beef to cater to discerning tastes. For instance, international visits to the United States grew substantially between 2020 and 2023, contributing to the popularity of culinary tourism that focuses on authentic steakhouse experiences and premium meat-centric dining adventures. Restaurants specializing in dry-aged steaks or globally inspired beef dishes are capitalizing on this trend. Furthermore, gourmet meal delivery services and subscription-based meat boxes have made premium beef more accessible beyond traditional dining venues. Social media platforms like Instagram and TikTok amplify this trend as consumers share luxurious dining experiences online. This exposure generates greater interest in specialty cuts while influencing purchasing behaviors. Culinary tourism has also fueled demand for locally sourced and globally renowned beef varieties from regions like Texas or the Midwest, known for their premium cattle farms. Together, these factors highlight how fine dining culture continues to elevate the market for high-end beef products.

 Increasing Emphasis on Sustainable and Ethical Meat Production

Sustainability and ethical farming practices are becoming key drivers in the high-end beef market as consumers prioritize transparency, animal welfare, and environmental responsibility. The demand for grass-fed, organic, hormone-free, and antibiotic-free beef continues to rise among health-conscious buyers who view these options as healthier alternatives to mass-produced meat. For instance, certifications like “Certified Humane” or “Animal Welfare Approved” have become critical in influencing purchasing decisions by assuring consumers that meat products meet stringent animal welfare standards. Major industry players are investing in sustainable ranching practices such as regenerative grazing to reduce carbon emissions while promoting humane animal treatment. Retailers emphasize traceable products with labels like USDA Organic to cater to environmentally aware consumers willing to pay a premium for ethically sourced meat. The corporate sustainability movement has also influenced foodservice providers, hotels, and restaurants to adopt responsible sourcing policies that strengthen the market for ethically produced high-end beef. As sustainability becomes a central focus in consumer preferences, brands that prioritize transparency and responsible practices gain a competitive edge while addressing growing concerns over factory farming’s ecological impact.

 Advancements in Meat Processing, Packaging, and Distribution

Technological advancements in meat processing and distribution are enhancing product quality while expanding access to premium beef options globally. Innovations such as vacuum-sealing techniques and controlled aging environments ensure optimal freshness, texture, and flavor throughout the supply chain. For instance, automation in meat processing facilities has significantly reduced labor costs while maintaining consistent product quality. E-commerce platforms have further revolutionized access by allowing consumers to purchase specialty cuts online through direct-to-consumer (DTC) sales models or subscription-based gourmet meal kits. Blockchain technology enhances traceability by providing farm-to-table information through QR codes on packaging that detail origin stories or aging processes—building consumer trust in product authenticity. Restaurants benefit from improved inventory management systems powered by predictive analytics that optimize supply chains while reducing food waste. Additionally, export opportunities have grown significantly as U.S.-based producers form strategic partnerships with international markets like Japan or South Korea—key importers of American Wagyu or Angus beef varieties. Together with advancements in logistics technologies such as cold chain systems ensuring freshness during transport—these innovations support consistent quality standards critical for maintaining luxury status within the high-end beef sector globally.

Market Trends

Growing Popularity of Wagyu and Heritage Breeds

One of the most significant trends in the U.S. high-end beef market is the increasing demand for Wagyu beef and heritage cattle breeds. Consumers are becoming more discerning about the quality, origin, and genetics of their beef, leading to a surge in interest in highly marbled, tender, and flavorful meat cuts. Wagyu, known for its intense marbling and buttery texture, has gained mainstream popularity, with many high-end restaurants, butcher shops, and specialty grocers offering Japanese A5 Wagyu, American Wagyu, and Australian Wagyu. For instance, Wagyu beef production in the USA has grown significantly due to advanced breeding techniques and crossbreeding programs. States like Texas, California, and Nebraska are leading producers of Wagyu beef. Additionally, heritage cattle breeds such as Scottish Highland, Akaushi, and Piedmontese are experiencing renewed interest. These breeds are prized for their unique textures, flavor profiles, and natural rearing methods. Steakhouses and upscale restaurants are now featuring breed-specific menus to educate consumers on taste differences. Moreover, ranch-to-table offerings have gained traction as consumers seek greater transparency in their meat purchases. High-end producers emphasize detailed traceability by showcasing lineage, feed regimen, and humane treatment practices. These factors have collectively fueled the market presence of premium beef options.

Rising Demand for Grass-Fed, Organic, and Sustainable Beef

Sustainability and ethical sourcing have become key priorities for consumers in the high-end beef market as awareness grows regarding food choices’ environmental and health impacts. Grass-fed beef is perceived as a healthier alternative to grain-fed beef due to its higher Omega-3 fatty acids and absence of artificial growth hormones or antibiotics. For instance, grass-fed beef sales have grown significantly compared to conventional beef as consumers prioritize maximizing health benefits. Organic beef is another growing segment certified by regulatory bodies like USDA Organic, which ensures meat is raised without synthetic pesticides or genetically modified feed. These products command a price premium but continue to attract affluent urban consumers who value quality over cost. Furthermore, regenerative agriculture practices focusing on soil health and carbon sequestration have influenced purchasing behaviors. Consumers increasingly support ranches implementing ethical grazing practices and carbon-neutral production methods. Luxury retailers and high-end restaurants now highlight partnerships with sustainable farms to foster trust among environmentally conscious buyers. This shift aligns with broader environmental concerns while giving premium meat producers a competitive edge in the market.

Expansion of E-Commerce and Direct-to-Consumer (DTC) Sales

The rise of e-commerce has transformed the high-end beef market by making premium cuts more accessible nationwide. As quality-conscious consumers seek convenience without sacrificing freshness or traceability, direct-to-consumer (DTC) gourmet meat delivery services have gained popularity. Companies like Snake River Farms and Crowd Cow offer curated subscription boxes with exclusive selections catering to those prioritizing quality over cost. For instance, a recent survey indicated that a significant number of online shoppers include fresh beef in their carts due to transparency offered by online platforms regarding sourcing practices. Technology-driven supply chain solutions such as vacuum-sealed packaging and cold-chain logistics ensure that high-end beef retains its flavor during delivery. Additionally, online marketplaces allow customers to compare different grades or aging processes before purchasing while providing chef recommendations for preparation techniques. Social media has further driven this trend as influencers showcase luxurious at-home steak experiences or promote dry-aging kits for home use. This shift reflects changing consumer habits where trusted online sources replace traditional grocery stores for premium meat purchases.

Innovation in Aging Techniques and Culinary Preparations

Aging techniques such as dry aging and wet aging are gaining momentum as consumers develop an appreciation for enhanced texture and flavor profiles in high-end beef cuts. Dry-aged beef involves storing meat in controlled environments for weeks to deepen its flavor and tenderness—a process highly sought after by gourmet chefs and steak connoisseurs. For instance, wet-aged meat costs less than dry-aged alternatives as it retains its weight during aging; however, dry aging is regaining popularity due to its unique taste profile. High-end restaurants now offer custom aging services where customers can select specific cuts or durations tailored to their preferences. Butchers also experiment with innovative methods like whiskey barrel aging or Himalayan salt block aging to add distinct flavor dimensions to premium cuts. Culinary innovations extend beyond traditional steak preparations; chefs are exploring dishes like Wagyu carpaccio or sous-vide techniques for elevated dining experiences at home or in luxury establishments. Meanwhile, advancements in cooking technology—such as precision grills or AI-powered assistants—enable consumers to replicate fine-dining experiences at home while experimenting with high-quality ingredients from trusted sources.

Market Challenges

High Production Costs and Price Sensitivity

One of the most pressing challenges in the high-end beef market is the high cost of production, which directly influences pricing and consumer affordability. Premium beef, particularly Wagyu, Angus, and organic grass-fed beef, requires specialized breeding, extended feeding periods, and stringent quality control measures, all of which contribute to elevated costs. Ranchers and beef producers face rising feed prices, labor shortages, and increased land costs, which put financial pressure on production. Additionally, sustainability initiatives such as regenerative farming, organic certification, and humane livestock practices add further operational expenses. As a result, high-end beef remains a luxury product, limiting its consumer base to affluent individuals and gourmet dining establishments. Furthermore, economic uncertainties and inflation influence consumer spending patterns. During periods of financial instability, consumers may prioritize affordability over premium quality, leading to a potential slowdown in demand for luxury beef products. The market must balance premium pricing with value-driven offerings to sustain long-term growth.

Supply Chain Disruptions and Regulatory Hurdles

The high-end beef industry relies on a complex supply chain, including specialized breeding farms, processing facilities, aging warehouses, and premium distribution channels. Any disruption—whether due to logistics challenges, labor shortages, or climate-related events—can significantly impact the availability and pricing of premium beef cutsStrict food safety regulations, import/export restrictions, and sustainability mandates also pose challenges for market players. Compliance with USDA standards, organic certifications, and traceability requirements demands substantial investments in quality control and documentation, adding to operational costs. Companies must adopt efficient supply chain strategies and regulatory compliance measures to maintain market stability.

Market Opportunities

Expansion of E-Commerce and Direct-to-Consumer (DTC) Sales

The rapid growth of e-commerce and direct-to-consumer (DTC) sales is a major opportunity for high-end beef producers and retailers. Consumers increasingly seek convenient access to premium beef cuts, leading to a surge in online meat purchases. Companies specializing in gourmet meat delivery, subscription-based meat boxes, and digital marketplaces can capitalize on this trend by offering customized orders, exclusive cuts, and farm-to-table traceability.Technological advancements in cold chain logistics, vacuum-sealing, and AI-driven inventory management enhance the ability to maintain product quality during transit. Additionally, leveraging social media, influencer partnerships, and digital marketing strategies can help brands reach a wider audience and build customer loyalty.

Rising Demand for Sustainable and Ethically Sourced Beef

The growing consumer focus on sustainability, animal welfare, and health-conscious food choices presents an opportunity for organic, grass-fed, and regeneratively farmed beef. High-end beef producers investing in carbon-neutral farming, eco-friendly packaging, and ethical livestock management can differentiate themselves in a competitive market.Retailers and restaurants that highlight sustainability certifications, transparent sourcing, and environmentally responsible practices can attract premium buyers willing to pay a higher price for ethically produced beef. As corporate sustainability initiatives and green consumerism gain momentum, the demand for responsibly sourced high-end beef is expected to grow significantly.

Market Segmentation Analysis

 By Product Type

The high-end beef market is segmented into Wagyu, Angus, Hereford, Charolais, and other specialty breeds, each catering to distinct consumer preferences. Wagyu beef is a dominant category due to its renowned marbling, tenderness, and rich flavor, with the growing availability of Japanese A5, American, and Australian Wagyu further fueling demand. Angus beef, known for its juicy texture and superior taste, remains a top choice for both fine dining and retail consumers, with Certified Black Angus leading the premium beef selections. Hereford beef, favored for its leaner texture and natural flavor, appeals to those seeking high-quality, grass-fed options. Charolais beef, a French-origin breed, is prized for its excellent muscle texture and high yield, making it popular in gourmet cooking. The “others” category includes heritage breeds such as Piedmontese and Akaushi, attracting niche consumers who value distinct taste profiles and artisanal meat offerings.

 By End User

The high-end beef market serves various consumer segments, including households, the food service industry, and other specialized sectors. Households represent a growing segment, especially as affluent consumers and home chefs seek restaurant-quality beef for personal dining. This trend, along with the rise of premium home cooking and meal preparation, has bolstered demand for luxury beef cuts. The food service industry remains the largest consumer, including fine-dining restaurants, luxury hotels, and upscale steakhouses. The growth of gourmet burger chains, Japanese steakhouses, and farm-to-table restaurants further strengthens this segment. Additionally, other users, such as catering services and specialty meal providers, also drive market growth by incorporating premium beef cuts into exclusive dining experiences.

Segments

Based on Product Type

  • Wagyu Beef
  • Angus Beef
  • Hereford and Charolais Beef
  • Others

Based on End User

  • Households
  • Food Service Industry
  • Others

Based on Distribution Channel

  • Online Retail
  • Specialty Butcher Shops
  • Supermarkets/Hypermarkets
  • Others

Based on Region

  • The West Coast
  • The Midwest
  • The South
  • The Northeast
  • Other regions

Regional Analysis

West Coast (25%)

The West Coast holds the largest share of the U.S. high-end beef market at approximately 25%. This region benefits from a high concentration of affluent consumers, gourmet restaurants, and premium grocery retailers, particularly in states like California. California is known for its farm-to-table dining culture, with a strong preference for organic, grass-fed, and Wagyu beef. The region also has a thriving gourmet food service sector, which includes a significant number of Michelin-starred restaurants and fine-dining establishments that serve high-end beef cuts. The expanding e-commerce and DTC distribution channels further support the market’s growth, allowing premium beef products to reach consumers directly

Midwest (22%)

The Midwest is a key region in the U.S. High-End Beef Market, accounting for approximately 22% of the market share. As the heart of beef production, states like Nebraska and Kansas are central to the supply chain, with large-scale cattle ranches and beef processing facilities. This region is known for its Certified Angus Beef (CAB) programs, which have become synonymous with premium beef quality. The Midwest’s demand for high-end beef is also growing, driven by gourmet restaurants, local butcher shops, and an increasing focus on quality over quantity. Additionally, the region benefits from proximity to production areas, ensuring fresh and affordable high-end beef for local consumers.

Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!

Key players

  • Cargill, Inc.
  • National Beef Packing Company, LLC
  • Marfrig U.S. Foods S.A.
  • Hormel Foods Corporation
  • Smithfield Foods, Inc.
  • Perdue Farms Inc.
  • BRF S.A.
  • NH Foods Ltd.
  • Danish Crown
  • OSI Group, LLC
  • American Foods Group, LLC

Competitive Analysis

The U.S. High-End Beef Market is highly competitive, with several prominent players maintaining substantial market shares. Cargill, Inc., one of the largest beef producers, dominates the market with its extensive product portfolio and strong supply chain capabilities, offering a wide range of premium beef options. National Beef Packing Company, LLC is also a significant competitor, focusing on quality cuts and strategic partnerships with both retail and foodservice sectors. Other players, such as Hormel Foods Corporation and Smithfield Foods, Inc., leverage their extensive distribution networks and focus on sustainable production practices to cater to growing consumer demand for high-quality, ethically sourced beef. Marfrig U.S. Foods S.A. and BRF S.A. further contribute to competitive pressure by expanding their product offerings and emphasizing global reach. As the market continues to evolve, companies will need to prioritize innovation, sustainability, and quality to maintain competitive advantage.

Recent Developments

  • In December 2024, Cargill announced a global workforce reduction of 5% due to declining profits, partly attributed to the smallest U.S. cattle herd in seven decades. Despite challenges in its beef segment, Cargill remains the third-largest U.S. beef processor and continues to streamline operations to enhance competitiveness. In January 2025, Cargill invested $1 million in methane reduction research for cattle, aiming to align with sustainability goals and reduce environmental impact. Additionally, Cargill is focusing on nutritional innovation and sustainable practices, as highlighted by its recognition with two BIG Innovation Awards in January 2025.
  • In 2024, National Beef announced plans to increase capacity at its Dodge City facility and add a second production shift at its Iowa Premium facility. The company also settled a wage-fixing lawsuit in mid-2024, addressing allegations of collusion in employee compensation. National Beef continues to focus on operational growth and efficiency improvements as part of its strategic initiatives.
  • In October 2024, Marfrig partnered with BRF S.A. to launch Sadia into the global cattle market starting January 2025, targeting halal beef markets in the Middle East. This move aligns with Marfrig’s strategy to expand international market access and diversify offerings.
  • In early 2024, Hormel collaborated with Niman Ranch to introduce Certified Angus Beef Grass-Fed products under the Niman Ranch brand. This initiative caters to growing consumer demand for sustainably raised and grass-fed beef options. Hormel continues to emphasize transparency and quality across its product lines.
  • In December 2024, Smithfield Foods sold 150,000 sows to Murphy Family Ventures while retaining production oversight for hogs used in Smithfield’s operations. This move reflects Smithfield’s shift towards a streamlined consumer packaged goods model.
  • In October 2024, BRF partnered with Marfrig to launch Sadia into the international beef market starting January 2025. This collaboration aims to enhance BRF’s presence in halal markets while leveraging Marfrig’s expertise in beef production. The partnership underscores BRF’s strategy of aligning strengths with key industry players.
  • During FY2025 Q3, NH Foods reported increased sales of Australian beef and processed foods in North America but faced challenges from rising raw material costs and unfavorable weather conditions affecting cattle prices in Australia. The company continues to expand procurement and sales of competitively priced meats.
  • In December 2024, Danish Crown launched “Masterpiece 1887,” a premium beef brand that emphasizes heritage and quality through traditional maturation techniques like dry aging. This initiative aligns with Danish Crown’s strategy of targeting high-end markets globally.
  • By April 2025, American Foods Group is set to open a new $800 million beef processing facility in Missouri. The plant will process over 2,400 cattle daily at full capacity and includes advanced wastewater treatment facilities for sustainable operations. This expansion supports AFG’s growth strategy while benefiting local cattle producers.

Market Concentration and Characteristics 

The U.S. High-End Beef Market is characterized by moderate to high concentration, with a few major players, such as Cargill, Inc., National Beef Packing Company, and Smithfield Foods, dominating the market. These companies possess substantial production capacities, extensive supply chains, and a broad range of premium beef products, which allow them to cater to the growing demand for high-quality beef in both retail and foodservice sectors. Despite this dominance, the market also features several smaller, niche players offering specialized products, such as Wagyu beef and organic grass-fed options, creating a competitive environment driven by product differentiation and sustainability initiatives. The market is characterized by increasing demand for premium cuts, evolving consumer preferences for ethically sourced and sustainably raised beef, and the growing trend of online retail and direct-to-consumer sales, which contribute to a dynamic and evolving competitive landscape.

Report Coverage

The research report offers an in-depth analysis based on Product Type, End User, Distribution Channel and Region. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

  1. The growing consumer preference for high-quality beef will continue to drive demand for premium cuts such as Wagyu, Angus, and grass-fed beef, particularly in urban centers
  1. Consumers will prioritize ethically sourced beef, with a stronger emphasis on sustainability in both production and supply chains, influencing purchasing decisions across all sectors.
  1. The rise of direct-to-consumer (DTC) platforms and gourmet meat subscription services will further boost the availability of high-end beef, offering more convenience and access to premium cuts.
  1. Advancements in meat processing technology, such as AI-driven quality control and precision aging techniques, will enhance product consistency and quality, further appealing to premium consumers.
  1. The continued growth of the fine dining industry, including premium steakhouses and luxury restaurants, will fuel demand for high-end beef cuts in the foodservice sector
  1. The introduction of new and unique beef varieties, such as heritage breeds and artisanal meats, will cater to growing consumer interest in specialized and distinct beef flavors.
  1. With health-conscious eating habits on the rise, consumers will demand more lean, protein-rich beef options, including grass-fed and organic products that align with healthier lifestyles.
  1. The growing adoption of regenerative farming practices and carbon-neutral beef production will shape future production models, responding to both consumer demand and environmental concerns.
  1. The U.S. high-end beef market will benefit from increased export opportunities, particularly in Asia-Pacific markets where demand for premium U.S. beef varieties, like Wagyu, continues to rise.
  1. Advancements in blockchain technology and traceability systems will provide consumers with greater visibility into beef origins, reinforcing trust and strengthening brand loyalty among premium buyers.

CHAPTER NO. 1 : INTRODUCTION 18

1.1.1. Report Description 18

Purpose of the Report 18

USP & Key Offerings 18

1.1.2. Key Benefits for Stakeholders 18

1.1.3. Target Audience 19

1.1.4. Report Scope 19

CHAPTER NO. 2 : EXECUTIVE SUMMARY 20

2.1. U.S. High-End Beef Market Snapshot 20

2.1.1. U.S. High-End Beef Market, 2018 – 2032 (Kilo Tons) (USD Million) 22

2.2. Insights from Primary Respondents 23

CHAPTER NO. 3 : U.S. HIGH-END BEEF MARKET – INDUSTRY ANALYSIS 24

3.1. Introduction 24

3.2. Market Drivers 25

3.2.1. Health Consciousness and Demand for Quality 25

3.2.2. Growing Demand for Sustainable and Ethical Meat 26

3.3. Market Restraints 27

3.3.1. High Cost and Affordability 27

3.4. Market Opportunities 28

3.4.1. Market Opportunity Analysis 28

3.5. Porter’s Five Forces Analysis 29

CHAPTER NO. 4 : ANALYSIS COMPETITIVE LANDSCAPE 30

4.1. Company Market Share Analysis – 2023 30

4.1.1. U.S. High-End Beef Market: Company Market Share, by Volume, 2023 30

4.1.2. U.S. High-End Beef Market: Company Market Share, by Revenue, 2023 31

4.1.3. U.S. High-End Beef Market: Top 6 Company Market Share, by Revenue, 2023 31

4.1.4. U.S. High-End Beef Market: Top 3 Company Market Share, by Revenue, 2023 31

4.2. U.S. High-End Beef Market Company Volume Market Share, 2023 33

4.3. U.S. High-End Beef Market Company Revenue Market Share, 2023 34

4.4. Company Assessment Metrics, 2023 35

4.4.1. Stars 35

4.4.2. Emerging Leaders 35

4.4.3. Pervasive Players 35

4.4.4. Participants 35

4.5. Start-ups /SMEs Assessment Metrics, 2023 35

4.5.1. Progressive Companies 35

4.5.2. Responsive Companies 35

4.5.3. Dynamic Companies 35

4.5.4. Starting Blocks 35

4.6. Strategic Developments 36

4.6.1. Acquisitions & Mergers 36

New Product Launch 36

Regional Expansion 36

4.7. Key Players Product Matrix 37

CHAPTER NO. 5 : PESTEL & ADJACENT MARKET ANALYSIS 38

5.1. PESTEL 38

5.1.1. Political Factors 38

5.1.2. Economic Factors 38

5.1.3. Social Factors 38

5.1.4. Technological Factors 38

5.1.5. Environmental Factors 38

5.1.6. Legal Factors 38

5.2. Adjacent Market Analysis 38

CHAPTER NO. 6 : U.S. HIGH-END BEEF MARKET – BY PRODUCT TYPE SEGMENT ANALYSIS 39

6.1. U.S. High-End Beef Market Overview, by Product Type Segment 39

6.1.1. U.S. High-End Beef Market Volume Share, By Product Type, 2023 & 2032 40

6.1.2. U.S. High-End Beef Market Revenue Share, By Product Type, 2023 & 2032 40

6.1.3. U.S. High-End Beef Market Attractiveness Analysis, By Product Type 41

6.1.4. Incremental Revenue Growth Opportunity, by Product Type, 2024 – 2032 41

6.1.5. U.S. High-End Beef Market Revenue, By Product Type, 2018, 2023, 2027 & 2032 42

6.2. Wagyu 43

6.3. Angus 44

6.4. Hereford 45

6.5. Charolais 46

6.6. Others 47

CHAPTER NO. 7 : U.S. HIGH-END BEEF MARKET – BY END-USER SEGMENT ANALYSIS 48

7.1. U.S. High-End Beef Market Overview, by End-user Segment 48

7.1.1. U.S. High-End Beef Market Volume Share, By End-user, 2023 & 2032 49

7.1.2. U.S. High-End Beef Market Revenue Share, By End-user, 2023 & 2032 49

7.1.3. U.S. High-End Beef Market Attractiveness Analysis, By End-user 50

7.1.4. Incremental Revenue Growth Opportunity, by End-user, 2024 – 2032 50

7.1.5. U.S. High-End Beef Market Revenue, By End-user, 2018, 2023, 2027 & 2032 51

7.2. Household 52

7.3. Food Service Industry 53

7.4. Others 54

CHAPTER NO. 8 : U.S. HIGH-END BEEF MARKET – BY DISTRIBUTION CHANNEL SEGMENT ANALYSIS 55

8.1. U.S. High-End Beef Market Overview, by Distribution Channel Segment 55

8.1.1. U.S. High-End Beef Market Volume Share, By Distribution Channel, 2023 & 2032 56

8.1.2. U.S. High-End Beef Market Revenue Share, By Distribution Channel, 2023 & 2032 56

8.1.3. U.S. High-End Beef Market Attractiveness Analysis, By Distribution Channel 57

8.1.4. Incremental Revenue Growth Opportunity, by Distribution Channel, 2024 – 2032 57

8.1.5. U.S. High-End Beef Market Revenue, By Distribution Channel, 2018, 2023, 2027 & 2032 58

8.2. Online Retail 59

8.3. Specialty Butcher Shops 60

8.4. Supermarkets/Hypermarkets 61

8.5. Others 62

CHAPTER NO. 9 : U.S. HIGH-END BEEF MARKET – ANALYSIS 63

9.1.1. U.S. High-End Beef Market Revenue, By Country, 2018 – 2023 (USD Million) 63

9.1.2. U.S. High-End Beef Market Volume, By Product Type, 2018 – 2023 (Kilo Tons) 64

9.1.3. U.S. High-End Beef Market Revenue, By Product Type, 2018 – 2023 (USD Million) 65

9.1.4. U.S. High-End Beef Market Volume, By End-user, 2018 – 2023 (Kilo Tons) 66

9.1.5. U.S. High-End Beef Market Revenue, By End-user, 2018 – 2023 (USD Million) 67

9.1.6. U.S. High-End Beef Market Volume, By Distribution Channel, 2018 – 2023 (Kilo Tons) 68

9.1.7. U.S. High-End Beef Market Revenue, By Distribution Channel, 2018 – 2023 (USD Million) 69

CHAPTER NO. 10 : COMPANY PROFILES 70

10.1. Cargill, Inc. 70

10.1.1. Company Overview 70

10.1.2. Product Portfolio 70

10.1.3. Swot Analysis 70

10.1.4. Business Strategy 70

10.1.5. Financial Overview 71

10.2. National Beef Packing Company, LLC 72

10.3. Marfrig U.S. Foods S.A. 72

10.4. Hormel Foods Corporation 72

10.5. Smithfield Foods, Inc. 72

10.6. Perdue Farms Inc. 72

10.7. BRF S.A. 72

10.8. NH Foods Ltd. 72

10.9. Danish Crown 72

10.10. OSI Group, LLC 72

10.11. American Foods Group, LLC 72

List of Figures

FIG NO. 1. U.S. High-End Beef Market Volume & Revenue, 2018 – 2032 (Kilo Tons) (USD Million) 22

FIG NO. 2. Porter’s Five Forces Analysis for U.S. High-End Beef Market 29

FIG NO. 3. Company Share Analysis, 2023 30

FIG NO. 4. Company Share Analysis, 2023 31

FIG NO. 5. Company Share Analysis, 2023 31

FIG NO. 6. Company Share Analysis, 2023 31

FIG NO. 7. U.S. High-End Beef Market – Company Volume  Market Share, 2023 33

FIG NO. 8. U.S. High-End Beef Market – Company Revenue Market Share, 2023 34

FIG NO. 9. U.S. High-End Beef Market Volume Share, By Product Type, 2023 & 2032 40

FIG NO. 10. U.S. High-End Beef Market Revenue Share, By Product Type, 2023 & 2032 40

FIG NO. 11. Market Attractiveness Analysis, By Product Type 41

FIG NO. 12. Incremental Revenue Growth Opportunity by Product Type, 2024 – 2032 41

FIG NO. 13. U.S. High-End Beef Market Revenue, By Product Type, 2018, 2023, 2027 & 2032 42

FIG NO. 14. U.S. High-End Beef Market for Wagyu, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 43

FIG NO. 15. U.S. High-End Beef Market for Angus, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 44

FIG NO. 16. U.S. High-End Beef Market for Hereford, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 45

FIG NO. 17. U.S. High-End Beef Market for Charolais, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 46

FIG NO. 18. U.S. High-End Beef Market for Others, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 47

FIG NO. 19. U.S. High-End Beef Market Volume Share, By End-user, 2023 & 2032 49

FIG NO. 20. U.S. High-End Beef Market Revenue Share, By End-user, 2023 & 2032 49

FIG NO. 21. Market Attractiveness Analysis, By End-user 50

FIG NO. 22. Incremental Revenue Growth Opportunity by End-user, 2024 – 2032 50

FIG NO. 23. U.S. High-End Beef Market Revenue, By End-user, 2018, 2023, 2027 & 2032 51

FIG NO. 24. U.S. High-End Beef Market for Household, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 52

FIG NO. 25. U.S. High-End Beef Market for Food Service Industry, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 53

FIG NO. 26. U.S. High-End Beef Market for Others, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 54

FIG NO. 27. U.S. High-End Beef Market Volume Share, By Distribution Channel, 2023 & 2032 56

FIG NO. 28. U.S. High-End Beef Market Revenue Share, By Distribution Channel, 2023 & 2032 56

FIG NO. 29. Market Attractiveness Analysis, By Distribution Channel 57

FIG NO. 30. Incremental Revenue Growth Opportunity by Distribution Channel, 2024 – 2032 57

FIG NO. 31. U.S. High-End Beef Market Revenue, By Distribution Channel, 2018, 2023, 2027 & 2032 58

FIG NO. 32. U.S. High-End Beef Market for Online Retail, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 59

FIG NO. 33. U.S. High-End Beef Market for Specialty Butcher Shops, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 60

FIG NO. 34. U.S. High-End Beef Market for Supermarkets/Hypermarkets, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 61

FIG NO. 35. U.S. High-End Beef Market for Others, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 62

List of Tables

TABLE NO. 1. : U.S. High-End Beef Market: Snapshot 20

TABLE NO. 2. : Drivers for the U.S. High-End Beef Market: Impact Analysis 25

TABLE NO. 3. : Restraints for the U.S. High-End Beef Market: Impact Analysis 27

TABLE NO. 4. : U.S. High-End Beef Market Revenue, By Country, 2018 – 2023 (USD Million) 63

TABLE NO. 5. : U.S. High-End Beef Market Revenue, By Country, 2024 – 2032 (USD Million) 63

TABLE NO. 6. : U.S. High-End Beef Market Volume, By Product Type, 2018 – 2023 (Kilo Tons) 64

TABLE NO. 7. : U.S. High-End Beef Market Volume, By Product Type, 2024 – 2032 (Kilo Tons) 64

TABLE NO. 8. : U.S. High-End Beef Market Revenue, By Product Type, 2018 – 2023 (USD Million) 65

TABLE NO. 9. : U.S. High-End Beef Market Revenue, By Product Type, 2024 – 2032 (USD Million) 65

TABLE NO. 10. : U.S. High-End Beef Market Volume, By End-user, 2018 – 2023 (Kilo Tons) 66

TABLE NO. 11. : U.S. High-End Beef Market Volume, By End-user, 2024 – 2032 (Kilo Tons) 66

TABLE NO. 12. : U.S. High-End Beef Market Revenue, By End-user, 2018 – 2023 (USD Million) 67

TABLE NO. 13. : U.S. High-End Beef Market Revenue, By End-user, 2024 – 2032 (USD Million) 67

TABLE NO. 14. : U.S. High-End Beef Market Volume, By Distribution Channel, 2018 – 2023 (Kilo Tons) 68

TABLE NO. 15. : U.S. High-End Beef Market Volume, By Distribution Channel, 2024 – 2032 (Kilo Tons) 68

TABLE NO. 16. : U.S. High-End Beef Market Revenue, By Distribution Channel, 2018 – 2023 (USD Million) 69

TABLE NO. 17. : U.S. High-End Beef Market Revenue, By Distribution Channel, 2024 – 2032 (USD Million) 69

 

Frequently Asked Questions

What is the market size of the U.S. High-End Beef Market in 2023 and 2032?

The U.S. High-End Beef Market is projected to grow from USD 4,910.16 million in 2023 to an estimated USD 8,123.37 million by 2032, with a CAGR of 6.50% from 2024 to 2032.

What is driving the growth of the U.S. High-End Beef Market?

The market is driven by increasing consumer demand for premium cuts, such as Wagyu, Angus, and organic grass-fed beef, along with rising disposable incomes and evolving culinary preferences.

Which regions in the U.S. are contributing the most to the high-end beef market?

The West Coast and Midwest regions are the primary contributors, with strong demand from California, Texas, and Nebraska, where high disposable incomes and gourmet dining culture prevail.

How has e-commerce influenced the U.S. High-End Beef Market?

The rise of e-commerce platforms and direct-to-consumer sales has significantly expanded market reach, making high-end beef more accessible to a wider range of consumers.

What are the key players in the U.S. High-End Beef Market?

Key players in the market include Greater Omaha Packing, Creekstone Farms, Snake River Farms, and Strauss Brands, which are focused on innovation, sustainable practices, and branding to maintain a competitive edge.

U.S. Soy-Based Chemicals Market

Published:
Report ID: 90031

U.S. 3D Bioprinting Market

Published:
Report ID: 89832

U.S. Loitering Munition Market

Published:
Report ID: 90026

U.S. Industrial Fasteners Market

Published:
Report ID: 84114

U.S. Mining Simulation Software Market

Published:
Report ID: 88822

U.S. Clinical Trial Management System (CTMS) Market

Published:
Report ID: 88927

U.S. Off-the-Road Tire Market

Published:
Report ID: 88934

U.S. Medical Device Contract Manufacturing Market

Published:
Report ID: 40557

U.S. Plastic Welding Equipment Market

Published:
Report ID: 10780

Photo Editor App Market

Published:
Report ID: 46467

Russia Feminine Hygiene Products Market

Published:
Report ID: 90195

Environmentally Acceptable Lubricants Market

Published:
Report ID: 89911

Environmental Liability Consumer Goods Market

Published:
Report ID: 89910

North America Feminine Hygiene Products Market

Published:
Report ID: 89812

Canada Feminine Hygiene Products Market

Published:
Report ID: 89813

Indonesia Feminine Hygiene Products Market

Published:
Report ID: 89934

Mexico Feminine Hygiene Products

Published:
Report ID: 89981

Spain Feminine Hygiene Products Market

Published:
Report ID: 90011

UAE Feminine Hygiene Products Market

Published:
Report ID: 89810

Turkey Feminine Hygiene Products Market

Published:
Report ID: 90017

South Korea Feminine Hygiene Products Market

Published:
Report ID: 89809

Purchase Options

The report comes as a view-only PDF document, optimized for individual clients. This version is recommended for personal digital use and does not allow printing.
$2699

To meet the needs of modern corporate teams, our report comes in two formats: a printable PDF and a data-rich Excel sheet. This package is optimized for internal analysis and multi-location access, making it an excellent choice for organizations with distributed workforce.
$3699

The report will be delivered in printable PDF format along with the report’s data Excel sheet. This license offers 100 Free Analyst hours where the client can utilize Credence Research Inc.’s research team. It is highly recommended for organizations seeking to execute short, customized research projects related to the scope of the purchased report.
$5699

Credence Staff 3

MIKE, North America

Support Staff at Credence Research

KEITH PHILLIPS, Europe

Smallform of Sample request

Report delivery within 24 to 48 hours

– Other Info –

What people say?-

User Review

I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

– Connect with us –

Phone

+91 6232 49 3207


support

24/7 Research Support


sales@credenceresearch.com

– Research Methodology –

Going beyond the basics: advanced techniques in research methodology

– Trusted By –

Pepshi, LG, Nestle
Motorola, Honeywell, Johnson and johnson
LG Chem, SIEMENS, Pfizer
Unilever, Samsonite, QIAGEN

Request Sample