Food and Services Industry - Market Research Report

  Beef Industry Overview The global beef market size was valued at USD 467.7 billion in 2021 and is expected to progress at a compound annual growth rate (CAGR) of 4.8% from 2022 to 2030. With increasing globalization, the food preferences of consumers around the world have witnessed some significant changes. Consumers are increasing their protein intake, resulting in the rising demand for meat. Meat and its products are packed with a host of essential ingredients and nutrients and save a lot of time and effort in cooking. Therefore, manufacturers are primarily focusing on the quality of the meat and its products. The COVID-19 pandemic has caused disruptions in the market. The limited availability of some meat products in retail stores resulted in a price rise. The COVID-19 outbreak has impacted numerous meat production facilities across the globe. These outbreaks affected a large number of plants, which led to the disruption of the supply chain, closure of some factories, and posed

  Greek Yogurt Industry Overview The global greek yogurt market size was valued at USD 27.4 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 7.0% from 2021 to 2028. A change in consumer preferences and high demand for clean label foods are the key factors driving the growth of the market. The COVID-19 pandemic has led to an increase in sales of dairy products such as yogurt and cheese leading to high demand for the products. Lockdowns caused by the COVID-19 pandemic in several parts of the world led to stockpiling of essential food products. The pandemic has also shifted consumer preference toward organic foods as several customers are looking for clear ingredient lists. The growing awareness among consumers regarding transparency in the ingredient list in food products is driving the demand for clean label products. According to the Institute for Food Technologists, a clean label means producing a product with the least number of ingredients and m