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Fresh regular 100% ground beef excluding round, chuck, and sirloin. Includes organic and non-organic. Excludes pre-formed patties."
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License information was derived automatically
United States Consumer Price: Average: Bologna, All Beef or Mixed data was reported at 2.677 USD/lb in Sep 2018. This records a decrease from the previous number of 2.718 USD/lb for Aug 2018. United States Consumer Price: Average: Bologna, All Beef or Mixed data is updated monthly, averaging 2.423 USD/lb from Jan 1980 (Median) to Sep 2018, with 465 observations. The data reached an all-time high of 3.472 USD/lb in Apr 2011 and a record low of 1.860 USD/lb in Jun 1980. United States Consumer Price: Average: Bologna, All Beef or Mixed data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.P001: Consumer Price.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States Consumer Price: Average: Ground Beef, Lean & Extra Lean data was reported at 5.245 USD/lb in Nov 2018. This records a decrease from the previous number of 5.252 USD/lb for Oct 2018. United States Consumer Price: Average: Ground Beef, Lean & Extra Lean data is updated monthly, averaging 2.912 USD/lb from Jan 1991 (Median) to Nov 2018, with 335 observations. The data reached an all-time high of 6.195 USD/lb in May 2015 and a record low of 1.973 USD/lb in May 1996. United States Consumer Price: Average: Ground Beef, Lean & Extra Lean data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.P001: Consumer Price.
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Pre-packaged, thick sliced, regular sliced or thin sliced pork bacon, regardless of process state."
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According to Cognitive Market Research, the global Rabbit Meat market size will be USD 4451.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 1780.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1335.36 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1023.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 222.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 89.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
The Frozen Rabbit Meat segment category is the fastest growing segment of the Rabbit Meat industry
Market Dynamics of Rabbit Meat Market
Key Drivers for Rabbit Meat Market
Health trends promoting low-fat diets encourage shifts towards rabbit meat consumption:
In recent years, there has been a significant shift towards healthier eating patterns, with many consumers seeking low-fat protein sources. Rabbit meat, being naturally leaner than most traditional meats like beef and pork, has emerged as an attractive alternative. Its low-fat content, combined with a high protein level, makes it an ideal choice for individuals focused on weight management and overall health. Furthermore, the nutritional profile of rabbit meat includes essential vitamins and minerals, such as vitamin B12, phosphorus, and selenium, further enhancing its appeal. As health-conscious consumers increasingly prioritize nutrient-dense foods in their diets, the demand for rabbit meat is expected to grow, making it a preferred option for those aiming for a balanced and healthy lifestyle.
Increased adoption of rabbit meat in the foodservice industry elevates overall demand.
The foodservice industry has seen a growing trend toward incorporating rabbit meat into diverse culinary offerings, contributing to an increased overall demand. Chefs and restaurants are exploring rabbit as a gourmet ingredient, leveraging its unique flavor profile and versatility in various dishes, from traditional recipes to innovative modern cuisine. As diners seek new and exciting dining experiences, the adoption of rabbit meat allows establishments to stand out by offering distinctive menu items. Additionally, the increasing focus on farm-to-table practices has prompted many restaurants to feature locally sourced rabbit, appealing to consumers’ desires for sustainable and ethically raised food. This shift not only enhances the restaurant experience but also fosters a broader acceptance of rabbit meat among mainstream consumers, further driving market growth.
Restraint Factor for the Rabbit Meat Market
Perception of rabbit meat as a niche product restricts its market reach:
The perception of rabbit meat as a niche product significantly restricts its market reach and potential for broader acceptance. Historically, rabbit meat has been consumed primarily in specific regions or among certain cultural groups, leading many consumers to view it as an exotic or specialty item rather than a mainstream protein source. This limited perception can deter potential buyers who may be unfamiliar with rabbit meat's culinary uses and nutritional benefits. Additionally, the lack of widespread marketing and promotional efforts compared to more common meats like chicken or beef contributes to its niche status. As a result, many consumers may overlook rabbit meat when making dietary choices, thereby stunting its growth in the market. To overcome this barrier, increased awareness campaigns and educational initiatives are essential to reposition rabbit meat as a viable and appealing option for all consumers.
Trend Factor for the Rabbit Meat Market
The increasing interest in lean and sustainable protein sources is enhancing the attractiveness of rabbit meat:
As health-conscious consumers progressively pur...
In 2024, Beyond Meat, Inc. generated approximately ***** million U.S. dollars in revenue worldwide. In 2024, net revenue has decreased by almost *** million dollars compared to the 2021 company revenue. The net revenue of Beyond Meat amounted to about **** million U.S. dollars in 2016. Beyond Meat’s brand popularity in the U.S. Beyond Meat is the most popular meat substitute brand in the United States, slightly edging Amy's Kitchen. Impossible and MorningStar Farms followed in third and fourth place, respectively. The Los Angeles-based company produces a variety of different meat substitute products. In the market for frozen meat substitutes in the United States, Beyond Meat is the second leading brand, with a sales value of approximately ** million U.S. dollars. The leading brand in that market is Morningstar Farms, with sales worth ** million U.S. dollars. About ** percent of U.S. consumers who eat meat substitutes are aware of Beyond Meat’s brand. Consumption of meat substitutes in the U.S. Approximately ** million kilograms of meat substitutes are consumed in the United States. This figure is forecast to remain relatively stable in the following five years. The consumption patterns of plant-based meat alternatives show that younger consumers are more likely to consume such products. About ** percent of consumers aged between 18 and 29 regularly eat meat substitutes, as compared to an average of * percent among those older than **. The most popular types of plant-based meat in the United States are beef-style alternative burgers and traditional veggie burgers, such as those made from black beans.
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https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Fresh regular 100% ground beef excluding round, chuck, and sirloin. Includes organic and non-organic. Excludes pre-formed patties."