Beef Concentrate Market

Global Beef Concentrate Market: Outlook

Beef concentrate is the stock or broth that is reduced to a concentrated form to provide intense flavour of beef to the food product added.This thick liquid is further processed into powder and cubes, or sold in liquid concentrate form. Powder form is the more preferred form of beef concentrate because of easy storage and higher shelf life.However, the beef concentrate is now available in liquid form for sale in the retail market and is high in demand.

Beef concentrate available in the market is made using either of the sources, beef stock or beef bone broth.Beef concentrate from both these sources have different applications in the food and foodservice industry with beef stock being more preferred in those due to the rich flavour.

The beef concentrate is commonly used as food additive in soup, sauce, crews, canned meats items, pot pies, casseroles, and other food products. Usage of beef concentrate as a flavoring agent in the aforementioned food products enhances the overall taste.

Rising Demand for Ready-to-Use Products in Developed Economies is Increasing Demand for Beef Concentrate in the Retail Market

Beef broth and stock are ingredients that takes a lot of time to cook and is an essential ingredient in traditional food products. The ease of preparing broth from beef concentrate has increased its demand among the working population.

Thus, consumers in developed countries prefer ready-to-use beef concentrate and frozen liquid broth as a replacement for freshly prepared broth. U.S, U.K., Japan, South Korea are few of the countries where the demand for beef concentrate is higher compared to other countries.

Additional certifications such as Halal, Kosher, USDA Organic etc. add to its appeal for the consumers in these countries. The packaging for beef concentrate has also become an important factor for the consumers to choose beef concentrate. The manufacturers are specifically launching beef concentrate products in single use as well as family size packaging to help increase shelf life of the product and to target specific consumer base.

Global Beef Concentrate: Key Players

Some of the key market players in the beef concentrate market are

• Savory Creations International 
• More Than Gourmet (Kitchen Accomplice)
• Southeastern Mills
• Custom Culinary, Inc.
• Birthright Nutrition
• Gevity RX
• Walmart (Sam’s Choice)
• Hormel Foods
• Trader Joe’s
• Swanson 

The beef concentrate market is a consolidated market with market players mainly operating in the U.S. and in the Europe. These market players have a wide spread presence with exports in South Asia and Middle East. The rising demand in these regions will further increase new entrants and strengthen the positioning of the existing players.

Global Beef Concentrate Market: Opportunities

Beef concentrate has a longer shelf life as compared to fresh meat product. Case ready packaging formats represent a fast growing trend in retail ground beef distribution, which in turn, to increase consumption of beef concentrate. Increasing demand for nutritious, rich product by growing population and penetration of health benefits of beef concentrate is also expected to increase demand for beef concentrate market globally.

The research report presents a comprehensive assessment of the beef concentrate market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as nature, form, source, end use and sales channel.

Nandini Roy Choudhury

Principal Consultant

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

The report covers exhaustive analysis on

• Beef Concentrate Market Segment
• Beef Concentrate Market Dynamics
• Beef Concentrate Market Size
• Beef Concentrate Supply and Demand
• Current Trends/Issues/Challenges pertaining to Beef Concentrate Market
• Competition Landscape and Emerging Market Participants in Beef Concentrate Market
• Technology related to Production/Processing of Beef Concentrate
• Value Chain Analysis of the Beef Concentrate Market

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
• East Asia (China, Japan, South Korea)
• South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
• Oceania (Australia, New Zealand)
• Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Sign-Up

Global Beef Concentrate Market: Segmentation

Basis of Source As

• Stock
• Bone

Basis of Form As

• Liquid
• Cubes
• Powder

 Basis of Nature As

• Organic
• Conventional

Basis of End Use As

• Food and Beverage Processing
• Bakery Products
• Sauces and Soups
• RTE Food
• Snacks
• Others
• Pet Food
• Foodservice/HoReCa
• Household/Retail

Basis of Sales Channel As

• B2B/Direct Sales
• B2C/Indirect Sales
• Hypermarkets/Supermarkets
• Warehouse Stores
• Convenience Stores
• Independent Grocery Retailers
• Online Retail
• Other Retail Formats