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In 2023, the global beef market was valued at USD 436.60 billion. It is expected to grow from USD 459.87 billion in 2024 to USD 656.44 billion by 2032, with a compound annual growth rate (CAGR) of 5.52% during the forecast period. The U.S. beef market is anticipated to expand significantly, reaching an estimated value of USD 157.36 billion by 2032. North America led the market in 2023, holding a 39.08% share.
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