By Region
Geographically, the beef liver market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.
The major import markets globally are present in South Africa, Angola, Peru, Cote D’Ivoire, Mexico, Brazil, Belarus, Ukraine, and Indonesia.
North America industry is anticipated to hold largest revenue share by 2036, as United States is the top liver exporter. Various beef organ meats are shipped to China and Hong Kong. Although, retaliatory tariffs imposed during the ongoing trade clash between the U.S. and China have reduced the demand in China to an extent. Foreign customers are expected to remain the dominant purchasers of beef liver in the foreseeable future.
Further, the growing demand for high protein diets, dislike towards highly processed foods, and the presence of a huge number of farmers and ranchers involved in the meat industry is likely to expand the beef liver market growth.
In the European regions, the demand for the beef liver is substantially high. Europe has a variation in beef farming arrangements as well as supply chains with the beef-producing structures accomplishing the beef requirements. In addition to this, the gastronomic desire for beef consumption by urban & rural consumers in the European region will drive beef liver market growth.
The Asia Pacific is expected to witness significant lucrative opportunities in the forecast period, majorly attributed to China’s growing import of beef from foreign markets. According to Meat & Livestock Australia, inclusive of Hong Kong, China is now the world’s leading destination for beef, sheepmeat, pork, poultry, and organ meats, dragging in nearly one-quarter of total meat exported & imported on international markets.
Demand from the Middle East and African countries is reasonably high, considering the dominant population of Muslims here.
Author Credits: Parul Atri
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