Beef Fat Global Analysis Report 2024: Market Anticipated to Surge Fueled by Food Industry Innovations and Sustainability Trends - Long-term Forecasts to 2028 and 2033 [Yahoo! Finance]
BRF S.A. (BRFS)
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Source: Yahoo! Finance
The report provides in-depth analysis of the industry's current state and forecasting significant growth driven by numerous factors, including burgeoning food industry innovations and shifts towards sustainable practices. The newly released research highlights the beef fat market's substantial growth from a strong $42.17 billion valuation in 2023 to an expected $45.35 billion by 2024, showcasing a robust compound annual growth rate (CAGR) of 7.5%. This historical growth is attributed to factors like heightened livestock production, evolving consumer preferences, and influential economic dynamics within the industry. Moreover, the report identifies major players' strategic collaborations and innovative product developments as critical components influencing the market's trajectory. Looking ahead, market analysts project the beef fat industry will continue its upward trend, anticipating a rise to $61.59 billion by 2028 with a CAGR of 8.0%. This growth is expected to be fueled by em
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- 5/2/24 - Form 6-K
- 4/25/24 - Form 6-K
- 4/19/24 - Form 20-F
- BRFS's page on the SEC website