The Global Beef Market was valued at USD 323.45 Billion in the year 2020. Beef is becoming more popular as people look for higher protein and low-fat substitutes for a healthier lifestyle. The market is driven by improved living standards, higher disposable income and rapid expansion of middle-income consumers, thus driving the global market for beef. The rising population has resulted in a transition in recent years, in association with spending income on higher-value food items like meat protein has resulted in rising consumption of beef.
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