Global Beef Jelly Market was valued at USD 1,146.51 million in 2023 and expected to grow at a CAGR of 4.4% during the forecast period.
Beef jelly, also known as aspic, is a dish that is made by simmering beef or veal bones and other ingredients, such as herbs and vegetables, in water for several hours to extract their flavours and gelatine. The resulting liquid is then strained and allowed to cool, which causes it to solidify into a jelly-like consistency due to the natural gelatine in the bones. Beef jelly can be served cold or at room temperature and is often used as a base for other dishes, such as cold meat platters or pâtés. It can also be used as a garnish for dishes or served on its own as a starter.
While beef jelly is a traditional dish in many European countries, it is not as commonly consumed in other parts of the world. Some people may find its texture and flavour unappealing, but it is considered a delicacy by others.
The beef jelly market is a growing segment of the food industry, driven by factors such as rising demand for convenience foods, increasing interest in traditional and regional cuisine, and the popularity of ready-to-eat and on-the-go foods. The market is segmented based on product type, distribution channel, and region. Europe is the largest market for beef jelly, but the market is also growing in North America, Latin America, and Asia-Pacific. The future of the beef jelly market looks promising, with continued growth expected due to changing consumer preferences and a growing interest in traditional and regional cuisine. Beef jelly is a traditional European dish that has gained popularity in recent years. It is a clear, savory jelly made from beef bones, meat, and connective tissue that is typically served as a cold appetizer or used as a cooking ingredient.
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Impact of COVID 19
The COVID-19 pandemic has had a significant impact on the food industry, including the beef jelly market. The pandemic has caused disruptions in the supply chain, resulting in the shortage of raw materials and increased production costs. The lockdown measures imposed by governments around the world have also affected the demand for beef jelly, as restaurants and other foodservice establishments were closed or had reduced operations.
However, the pandemic has also led to changes in consumer behaviour, with a greater focus on health and wellness. This has resulted in an increased demand for natural and organic food products, including beef jelly made from high-quality ingredients.
Market Segmentation:
- Product Type:
- Flavored Beef Jelly
- Plain Beef Jelly
- Packaging Type:
- Jars
- Cans
- Pouches
- Others
- Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Retailers
- Specialty Stores
- Others
- End Use:
- Food Industry (including restaurants, hotels, and catering services)
- Household
- Others (such as pet food industry)
Key Player:
Some of the major companies operating within the market are
American Universal,
American International Resources Breeding Corporation,
Simmas Consortium of Canada,
Yada Genetics of Canada,
Gines Breeding Company,
Nottinglin Breeder Gene,
Beijing Dairy Center,
Tianshan Livestock Biological Engineering,
SECCOX breeding biotechnology,
Oaks Livestock,
Dingyuan cattle breeding.
Regional Analysis:
Europe is the largest market for beef jelly, owing to its long-standing cultural significance in the region. The traditional dish is popular in countries such as Germany, Poland, and Austria. The demand for beef jelly in Europe is expected to continue growing due to the rising interest in regional and ethnic cuisine.
North America and Latin America are also growing markets for beef jelly, driven by the increasing popularity of ready-to-eat and on-the-go foods. The demand for beef jelly is expected to continue growing in these regions, particularly among younger consumers who are interested in trying new and innovative food products.
The Asia-Pacific region is also a growing market for beef jelly, with increasing consumer interest in traditional and regional cuisine. Countries such as China and Japan have a long history of using animal bones and connective tissue to make savory jellies and broths, and this trend is expected to continue driving the demand for beef jelly in the region.
Overall, the beef jelly market is expected to continue growing globally, with regional variations in demand and consumer preferences.
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Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.
- Provision of market value (USD Billion) data for each segment and sub-segment.
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market.
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region.
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions.
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis.
- Provides insight into the market through Value Chain.
- Market dynamics scenario, along with growth opportunities of the market in the years to come.
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Key Points:
- Define, describe and forecast Beef Jelly market by type, application, end user and region.
- Provide strategies for company to deal with the impact of COVID-19.
- Provide enterprise external environment analysis and PEST analysis.
- Provide market dynamic analysis, including market driving factors, market development constraints.
- Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
- Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy.
- Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
- Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
- Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
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