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Grassfed Meat Market Trends and Forecast

The future of the global grassfed meat market looks promising with opportunities in the direct sale and retail sale markets. The global grassfed meat market is expected to grow with a CAGR of 5.3% from 2025 to 2031. The major drivers for this market are the increasing consumer preference for sustainability, the rising demand for healthier meat options, and the growing awareness of ethical farming.

• Lucintel forecasts that, within the type category, cow & bison is expected to witness higher growth over the forecast period.
• Within the application category, direct sale is expected to witness higher growth.
• In terms of region, APAC is expected to witness the highest growth over the forecast period.
Gain valuable insights for your business decisions with our comprehensive 150+ page report. Sample figures with some insights are shown below.

Grassfed Meat Market Trends and Forecast

Grassfed Meat Market by Segment

Emerging Trends in the Grassfed Meat Market

The grassfed meat industry is going through a revolutionary phase, influenced by a combination of changing consumer values, Agri-tech innovation, and increased awareness of environmental and animal welfare issues. This fast-paced environment is undergoing a massive transition towards open sourcing, eco-friendly production practices, and products that appeal to sophisticated health-focused consumers. In addition, consumers increasingly expect diverse product formats and easy-to-use purchasing channels, mirroring changes in lifestyle more broadly. All these emerging patterns are combining to reshape the industry, driving producers and retailers alike to respond and change to serve the changing global consumer.
• Regenerative Agriculture and Ethical Sourcing: Both regenerative agriculture and ethical sourcing are important emerging trends in the grass-fed meat market. This entails farming techniques that enhance soil quality, biodiversity, and hydrological cycles, with minimal environmental effect and humane animal treatment. Consumers increasingly look for products from farms practicing these values. The effect is a transition towards more sustainable and ethical meat production, building brand image, and attracting an increasingly large base of environmentally and ethically aware consumers who pay a premium for such offerings.
• Clear Labeling and Certification: Clear labeling and certification are increasingly essential in the grass-fed meat industry. Consumers want information up front on how animals are being raised, their feed, and the lack of use of antibiotics or hormones. This includes third-party certifications such as "Certified Grassfed" or "Pasture-Raised" that deliver verifiable standards. The effect is heightened consumer trust and confidence in claims, fueling market differentiation for true grass-fed products. This trend promotes standardization and accountability in the supply chain to prevent product compromise.
• Direct-to-Consumer and E-commerce Expansion: Direct-to-consumer and e-commerce expansion are essentially transforming the distribution picture of grass-fed meat. Internet sites, subscription boxes, and direct farm sales allow the producers to market directly to consumers, eliminating retail intermediaries. The effect is increased access to specialty products, better freshness, and in many cases, improved prices for both the producers and consumers. This trend favors smaller, independent farmers and makes high-quality, traceable meat products available for consumers with ease.
• Product Diversification and Value-Added Products: Product diversification and value-added products are the prime upcoming trends. Apart from familiar cuts, the market is witnessing growth into value-added processed grass-fed items like jerky, sausages, pre-cooked meals, and even pet food. Included in this are specialty cuts and gourmet offerings. The effect is a larger market reach, addressing varied customer needs for convenience and various meal occasions. This trend maximizes the utilization of carcasses and widens grass-fed meat appeal to secondary cuts.
• Health and Wellness Positioning: Health and wellness positioning is a significant force behind the grass-fed meat market. Products are labeled emphasizing their nutritional advantages, including increased omega-3 fatty acids, conjugated linoleic acid (CLA), and antioxidant vitamins, in contrast to conventionally raised meat. This appeals to health-aware consumers who desire nutrient-rich protein sources. The effect is higher consumer demand fueled by perceived health benefits, further confirming grass-fed meat as a healthier food option and functional food.
In production, distribution, and consumer involvement. The heightened focus on regenerative agriculture and clear labeling is constructing confidence and resonating with ethical buyers. The growth of direct-to-consumer businesses and product diversification is opening up access to the market and addressing varied lifestyles. In the long run, all these trends are driving the grass-fed meat market towards a healthier, transparent, and sustainable future, making it an even higher-end offering for value-conscious consumers globally.
Emerging Trends in the Grassfed Meat Market

Recent Development in the Grassfed Meat Market

The grassfed meat market has seen quite a few recent noteworthy events, involving a dynamic interaction of changing consumer values, improvements in agricultural systems, and changing retail environments. They consist of an increased emphasis on environmental sustainability using regenerative agriculture, the growth of certification programs to ensure authenticity, and a significant increase in direct-to-consumer sales channels. In addition, the industry is experiencing greater product diversification, with more cuts and processed products on offer, as well as greater investment in supply chain transparency. These shifts all demonstrate an industry adapting to an increasingly informed and discerning customer base.
• Regenerative Farming Practices Adoption: Regenerative farming practices adoption is a key trend in the grass-fed meat industry. Farmers are making more use of techniques that conserve soil health, build up biodiversity, capture carbon, and optimize water cycles. This is more than just providing grass for sustenance. The effect is a greener, more sustainable meat supply system, which resonates with consumers who are worried about climate change and environmental effects. This also enables brands to position their products more along environmental lines, which will attract consumers who buy on environmental criteria.
• Expansion of Certification and Labeling Programs: Expansion of certification and labeling programs is an important trend to verify grass-fed claims. Companies are providing third-party-verified certifications that establish standards for diet, grazing methods, and animal treatment (e.g., 100 percent grass-fed, Certified Humane). The effect is enhanced consumer confidence and trust in buying authentic grass-fed products. This standardization assists in distinguishing genuine grass-fed meat from other label, brings clarity to a congested marketplace, and justifies premium pricing.
• Growth of Direct-to-Consumer Channels: Growth in direct-to-consumer channels, such as online butcher shops, subscription models, and farm-to-door delivery, has had an appreciable influence on the grass-fed meat industry. It enables producers to communicate with consumers directly, create brand loyalty, and generally supply fresher products. The effect is increased consumer access to high-quality grass-fed meat, less complicated supply chains for producers, and the possibility for small farms to compete with large distributors, creating more localized and tailored market experiences.
• Greater Product Diversification: Greater product diversification than that of conventional beef cuts is a significant trend. The market increasingly has more grass-fed products available now, such as lamb, bison, and specialty processed foods like jerky, sausages, and ground meat mixtures. There are also increases in convenient, ready-to-cook grass-fed meal solutions. The effect is a wider appeal to various consumer tastes and cooking requirements, optimizing the use of the animal and generating new revenue streams for producers, making grass-fed meat more available for daily consumption.
• Supply Chain Transparency Investment: Supply chain transparency investment is an essential innovation, fueled by consumer pressure to be aware of the source and path of their food. This involves applying technologies such as blockchain to monitor cattle from birth through processing, and making consumers fully informed about the farm, feed, and handling methods. The result is increased consumer trust and brand credibility, guaranteeing authenticity and ethical sourcing. Transparency resolves issues of food safety and animal well-being, giving important value to grass-fed products.
These recent improvements cumulatively are reshaping the grassfed meat sector, taking it towards a future that is more sustainability-focused, transparent, and convenient for consumers. The implementation of regenerative methods and strong certification systems is laying down a firmer basis of trust and environmental stewardship. The movement toward direct-to-consumer models and product diversification is broadening market access and accommodating diverse lifestyles. As a whole, these changes are creating a more innovative, morally responsible, and accessible grass-fed meat industry, responding to changing consumer needs globally.

Strategic Growth Opportunities in the Grassfed Meat Market

The grassfed meat industry presents significant strategic opportunities for growth in various applications, driven by growing consumer awareness of health issues, a greater emphasis on ethical and sustainable food options, and changing trends in cuisine. The opportunities span from growth in various retail channels to creating specialized product lines appealing to health-focused consumers and exploiting online channels for greater market reach. Levying these channels demands a deep insight into consumer attitudes across each category, ranging from the daily family meal to the gourmet experience. This strategy will fuel market growth and innovation.
• Expansion of the Retail Channel (Supermarkets, Special Stores): Channel expansion presents high-growth opportunities for grass-fed meat. Expanded access through mainstream supermarkets, upscale grocery stores, and specialty butcher shops introduces the product to a broader consumer audience. The effect is wider market penetration and higher volume of sales, taking grass-fed meat out of niche health food stores. This necessitates strong supply chain management to address ongoing demand and good marketing to make products stand out on crowded store shelves.
• Food Service Industry Expansion (Restaurants, Institutions): Expansion in the food service industry offers a tremendous strategic opportunity. Upscale restaurants, health-oriented restaurants, and institutional food services are all adding grass-fed meat to their menus to meet consumer demand for quality, healthy, ethically produced foods. The effect is growing exposure and demand for grass-fed meat, especially in high-end dining experiences. This opens up channels for bulk sales and makes the meat a sought-after food choice, spurring wholesale distribution.
• Health and Wellness Product Development: Creating products specifically for the health and wellness category is a primary growth area. It means selling grass-fed meat to consumers who follow strict diets such as Paleo, Keto, or Whole30, or those looking for lean, nutrient-rich sources of protein with greater omega-3 levels. The effect is a focused movement that takes advantage of the natural health advantages of grass-fed meat, targeting a highly engaged consumer base. This also permits premium pricing as well as specialty branding in the wellness sector.
• Value-Added and Convenience Products: Value-added and convenience products offer a major growth potential. This comprises ready-to-cook meals, pre-seasoned cuts of meat, ground meat, jerky, and sausages produced from grass-fed origins. These products serve busy consumers looking for healthy, convenient meal options. The effect is more occasions of consumption and wider reach than traditional meal preparation, harnessing the emergent demand for convenience without compromising the health and ethical qualities of grass-fed meat.
• Direct-to-Consumer and E-commerce Platforms: Utilizing e-commerce and direct-to-consumer platforms holds tremendous growth prospects. Direct farm sales, subscription box services, and online sales enable producers to provide consumers across the country access, more variety, and larger margins. The effect is greater market access, less dependency on intermediaries in traditional retail, and the capacity to establish direct customer relationships, with brand loyalty and customized experiences created. Such an approach through digital is vital in expanding niche products to scale.
These strategic growth opportunities are all designed to collectively influence the grassfed meat market by prompting diversification throughout different consumer touchpoints. They are stimulating innovation in distribution, product development, and marketing approaches to address the distinct requirements of health-oriented consumers, cooking professionals, and average households. In the end, leveraging these various uses will create a more segmented, lively, and larger market, driving both technological innovation in agriculture and broader consumer acceptance of grass-fed meat worldwide.

Grassfed Meat Market Driver and Challenges

The grassfed meat market exists in a multifaceted setting that is impacted by several technological, economic, and regulatory elements that represent drivers as well as barriers. The global interest in healthier food, increased awareness of animal welfare, and the increasing popularity of sustainable agriculture are growth drivers. Nonetheless, the market also faces challenges like increased production costs with pasture-based farming, maintaining stable supply chains, and the practice of deceptive labeling. Managing these dynamics is important for sustainable growth and market achievement in this new industry.
The factors responsible for driving the grassfed meat market include:
1. Increasing Consumer Health Awareness: Increasing consumer health awareness is a key driver for the grass-fed meat market. Consumers increasingly value the nutritional advantages, including more omega-3 fatty acids, fewer saturated fats, and no antibiotics or hormones, that come with grass-fed. The result is an increased demand for meat labeled as healthier and more natural, prompting producers to respond to the demand with labeled grass-fed. The trend gets further momentum through diet and wellness trends advocating clean eating.
2. Growing Awareness for Animal Welfare: Growing awareness for animal welfare is an important driver, with consumers focusing on humane handling of livestock. Grass-fed systems tend to have the connotation of more natural living conditions, with livestock being free to graze. This carries the implication of a desire for meat from livestock produced to higher welfare standards, forcing producers to implement and certify such procedures. This appeals to ethical consumers who want to bring their food choices into alignment with their values, building trust and loyalty to a brand.
3. Sustainability Concerns of the Environment: Sustainability concerns of the environment are strong drivers for the grass-fed meat industry. Regenerative grazing is commonly linked with grass-fed agriculture and is perceived as healthy for soil, carbon sequestration, and biodiversity. The implication is increased demand for meat production that has less of an effect on the environment and helps restore the ecosystem. This trend enables companies to differentiate by using eco-labeling, which resonates with environmentally aware consumers and may have a policy impact.
4. Increasing Disposable Incomes in Emerging Economies: Increasing disposable incomes in emerging economies are serving as a major driver. With the improvement in economic conditions in nations such as China and India, consumers enjoy more discretionary spending on premium foods. The implication is an increasing consumer base for higher-value products such as grass-fed meat, which is commonly seen as a luxury or healthier option. This stimulates global trade and promotes investment in establishing strong supply chains to these emerging markets.
5. Growth of E-commerce and Specialty Retail: Growth in e-commerce and specialty retail channels is a significant force. Internet sites, membership clubs, and special natural food stores render grass-fed meat more broadly available to consumers who may not have nearby access to such products. The effect is greater exposure to the market and convenience for consumers, bridging geographical distance. This also allows smaller producers to reach more consumers directly, creating competition and consumer choice.
Challenges in the grassfed meat market are:
1. Greater Production Expenses: Greater production expenses are a major issue for the grass-fed beef sector. It takes more land and a longer growth cycle to raise cattle on pasture only as opposed to traditional grain-based systems. The consequence is that grass-fed beef tends to cost more, which may be out of reach for some consumers. This presents challenges to producers in finding efficiencies in their operations and necessitates good marketing to be able to pass on the premium to consumers.
2. Supply Chain Unpredictability and Scalability: Supply chain unpredictability and scalability issues are significant challenges. Large-scale production of grass-fed meat while ensuring quality and authenticity is challenging, which may result in uneven availability. The implication is for possible shortages and not consistently meeting rising demand. Significant investment in infrastructure, logistics, and farmer networks is necessary to ensure consistent supply and quality control from various regions.
3. Misleading Labeling and Consumer Misunderstanding: Misleading labeling and pervasive consumer misunderstanding of terms such as "grass-fed," "pasture-raised," and "grass-finished" are a major challenge. The absence of clear standard regulations in some areas can enable producers to make unsubstantiated claims. The end result is undermined consumer confidence and a challenge for consumers to discern actual grass-fed products. This calls for more stringent regulations, strong certification schemes, and effective consumer education to build market integrity and openness.
The grassfed meat industry is strongly influenced by drivers and challenges. As consumer health awareness, animal welfare, and environmental sustainability drive growth, the industry needs to tackle challenges like increased production costs, inconsistencies in supply chains, and deceptive labeling proactively. Through ongoing investment in sustainable methods, transparent certifications, and consumer education, producers can bridge these challenges, provide sustained market growth, and address the changing needs for ethically and healthily raised meat.

List of Grassfed Meat Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies grassfed meat companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the grassfed meat companies profiled in this report include-
• Cargill
• Verde Farms
• Australian Agriculture Company
• Creekstone
• The Mayer Natural Foods
• Vion Food Group
• Hormel Foods Corporation
• Omaha Steaks
• Perdue Premium Meat
• Thomas Food International

Grassfed Meat Market by Segment

The study includes a forecast for the global grassfed meat market by type, application, and region.

Grassfed Meat Market by Type [Value from 2019 to 2031]:


• Cow & Bison
• Lamb & Goat
• Others

Grassfed Meat Market by Application [Value from 2019 to 2031]:


• Direct Sales
• Retail Sales

Grassfed Meat Market by Region [Value from 2019 to 2031]:


• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Grassfed Meat Market

The international grassfed meat market is facing a dramatic evolution, fueled by rising consumer consciousness of health advantages, animal treatment, and environmental stewardship. This transformation is spawning greater demand for goods seen as natural and ethically produced. In widely disparate global markets, ranging from well-established Western nations to developing Asian economies, recent trends indicate a turn towards simpler labeling, broader distribution channels, and emphasis on regenerative farm practices. This changing landscape demonstrates increased overlap between consumer values and agricultural innovation, reconfiguring supply chains and product lines globally.
• United States: The US grass-fed meat market continues its strong growth, driven by high consumer demand for healthier, antibiotic-free, and hormone-free meat. The most recent developments include the widespread use of "clean label" certifications and an increase in direct-to-consumer sales via online stores and specialty butcher shops. Regenerative farming practices are also picking up pace among producers, focusing on soil health and environmental performance. The market is also experiencing wider availability in mainstream retail and greater integration in food processing for a range of convenience foods.
• China: The grass-fed meat market in China is growing rapidly due to increasing disposable incomes, urbanization, and an evolving interest of the consumers in the quality and safety of food. While local production is in its initial stages, premium grass-fed beef and lamb imports, especially from New Zealand and Australia, are growing by leaps and bounds. Strategic alliances between foreign suppliers and Chinese distributors play a vital role in market penetration. Strong emphasis is placed on online fresh grocery delivery platforms and ready-to-cook grass-fed offerings to accommodate changing consumer needs.
• Germany: The German grass-fed meat market is dominated by a high demand for high-quality, ethical, and traceable meat from consumers. Trends include increasing demand for pasture-raised and organic beef, in addition to a focus on increasing transparency in supply chains via blockchain technology and QR code tracking. High-end supermarket expansion, gourmet butcher stores, and online specialty meat platforms are enhancing availability. Sustainability and animal welfare are top concerns of German consumers, promoting growth in grass-fed certified products.
• India: The Indian meat industry, including the grass-fed channels, is experiencing consistent growth with growing urbanization, improving disposable incomes, and enhanced health awareness. Religious prohibitions influence beef consumption, though awareness about the health benefits of natural and hormone-free meat is on the rise. Cold chain infrastructure development and the appearance of niche online platforms for meat delivery are enhancing access to value products. Local farmers are also paying attention to enhancing animal husbandry practices to satisfy changing consumer demand.
• Japan: JapanÄX%$%Xs grass-fed meat market may be niche, but it is growing steadily, supported by health-conscious consumers and demand for high-quality, safe, and nutritious food. Imported grass-fed beef and lamb are winning favor, seen as superior in sustainability to some domestic grain-fed products. Developments in recent times include heightened availability in large Japanese retailers and emphasis on promoting the nutritional value, including omega-3 fatty acids. Customers are choosy, appreciating traceability and product quality consistency even in frozen and ready-to-eat products.
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Features of the Global Grassfed Meat Market

Market Size Estimates: Grassfed meat market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.
Segmentation Analysis: Grassfed meat market size by type, application, and region in terms of value ($B).
Regional Analysis: Grassfed meat market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the grassfed meat market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the grassfed meat market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

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FAQ

Q1. What is the growth forecast for grassfed meat market?
Answer: The global grassfed meat market is expected to grow with a CAGR of 5.3% from 2025 to 2031.
Q2. What are the major drivers influencing the growth of the grassfed meat market?
Answer: The major drivers for this market are the increasing consumer preference for sustainability, the rising demand for healthier meat options, and the growing awareness of ethical farming.
Q3. What are the major segments for grassfed meat market?
Answer: The future of the grassfed meat market looks promising with opportunities in the direct sale and retail sale markets.
Q4. Who are the key grassfed meat market companies?
Answer: Some of the key grassfed meat companies are as follows:
• Cargill
• Verde Farms
• Australian Agriculture Company
• Creekstone
• The Mayer Natural Foods
• Vion Food Group
• Hormel Foods Corporation
• Omaha Steaks
• Perdue Premium Meat
• Thomas Food International
Q5. Which grassfed meat market segment will be the largest in future?
Answer: Lucintel forecasts that, within the type category, cow & bison is expected to witness higher growth over the forecast period.
Q6. In grassfed meat market, which region is expected to be the largest in next 5 years?
Answer: In terms of region, APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the grassfed meat market by type (cow & bison, lamb & goat, and others), application (direct sales and retail sales), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

For any questions related to Grassfed Meat Market, Grassfed Meat Market Size, Grassfed Meat Market Growth, Grassfed Meat Market Analysis, Grassfed Meat Market Report, Grassfed Meat Market Share, Grassfed Meat Market Trends, Grassfed Meat Market Forecast, Grassfed Meat Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
                                                            Table of Contents

            1. Executive Summary

            2. Global Grassfed Meat Market : Market Dynamics
                        2.1: Introduction, Background, and Classifications
                        2.2: Supply Chain
                        2.3: Industry Drivers and Challenges

            3. Market Trends and Forecast Analysis from 2019 to 2031
                        3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
                        3.2. Global Grassfed Meat Market Trends (2019-2024) and Forecast (2025-2031)
                        3.3: Global Grassfed Meat Market by Type
                                    3.3.1: Cow & Bison
                                    3.3.2: Lamb & Goat
                                    3.3.3: Others
                        3.4: Global Grassfed Meat Market by Application
                                    3.4.1: Direct Sales
                                    3.4.2: Retail Sales

            4. Market Trends and Forecast Analysis by Region from 2019 to 2031
                        4.1: Global Grassfed Meat Market by Region
                        4.2: North American Grassfed Meat Market
                                    4.2.1: North American Market by Type: Cow & Bison, Lamb & Goat, and Others
                                    4.2.2: North American Market by Application: Direct Sales and Retail Sales
                        4.3: European Grassfed Meat Market
                                    4.3.1: European Market by Type: Cow & Bison, Lamb & Goat, and Others
                                    4.3.2: European Market by Application: Direct Sales and Retail Sales
                        4.4: APAC Grassfed Meat Market
                                    4.4.1: APAC Market by Type: Cow & Bison, Lamb & Goat, and Others
                                    4.4.2: APAC Market by Application: Direct Sales and Retail Sales
                        4.5: ROW Grassfed Meat Market
                                    4.5.1: ROW Market by Type: Cow & Bison, Lamb & Goat, and Others
                                    4.5.2: ROW Market by Application: Direct Sales and Retail Sales

            5. Competitor Analysis
                        5.1: Product Portfolio Analysis
                        5.2: Operational Integration
                        5.3: Porter’s Five Forces Analysis

            6. Growth Opportunities and Strategic Analysis
                        6.1: Growth Opportunity Analysis
                                    6.1.1: Growth Opportunities for the Global Grassfed Meat Market by Type
                                    6.1.2: Growth Opportunities for the Global Grassfed Meat Market by Application
                                    6.1.3: Growth Opportunities for the Global Grassfed Meat Market by Region
                        6.2: Emerging Trends in the Global Grassfed Meat Market
                        6.3: Strategic Analysis
                                    6.3.1: New Product Development
                                    6.3.2: Capacity Expansion of the Global Grassfed Meat Market
                                    6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Grassfed Meat Market
                                    6.3.4: Certification and Licensing

            7. Company Profiles of Leading Players
                        7.1: Cargill
                        7.2: Verde Farms
                        7.3: Australian Agriculture Company
                        7.4: Creekstone
                        7.5: The Mayer Natural Foods
                        7.6: Vion Food Group
                        7.7: Hormel Foods Corporation
                        7.8: Omaha Steaks
                        7.9: Perdue Premium Meat
                        7.10: Thomas Food International
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
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