The Steaks market size was xxx million USD with a CAGR xx % from 2015- 2019. It will stretch to xxx million USD in 2020 with a CAGR of xx % from 2020 to 2025.
A steak is a meat generally sliced across the muscle fibers, potentially including a bone. Exceptions, in which the meat is sliced parallel to the fibers, include the skirt steak cut from the plate, the flank steak cut from the abdominal muscles, and the Silverfinger steak cut from the loin and includes three rib bones. In a larger sense, there are also fish steaks, ground meat steaks, pork steak and many more varieties of steak.
Harvey Beef recently introduced its new range of steak cuts and marinated products in the Australian market. These products are distributed through Coles stores and the company claims that the product contains 100% West Australian Beef. Players are increasingly investing in product innovation and new product development and this is expected to increase during the forecast period. Since new product launches will assist players in increasing their revenues and also in setting up a stronger market position, more market players will increasingly focus on new launching new products.
The Americas is expected to be the major revenue contributor to the steaks market throughout the forecast period. The rising consumer demand for protein-rich foods and the focus of the market players to launch of new products, will be major factors driving the market\'s growth prospects in this region.
As the report focuses on global Steaks market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In global market, the following companies are covered:
Conagra Brands
Hormel Foods
JBS
Bridgford Foods
Tyson Foods
Market Segment by Product Type
Beef
Pork
Lamb
Chicken
Fish
Market Segment by Application
On-Trade
Off-Trade
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Steaks market for the forecast period 2020 - 2025?
• What are the driving forces in the Steaks market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Steaks industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?