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Demand for Grass-Fed Beef Products to Boost Market Growth
The grass beef market size is poised to grow by $14.50 billion during 2020-2024, progressing at a CAGR of over 6% throughout the forecast period, according to the latest report by Technavio.
The major grass beef market growth came from the fresh grass-fed beef products segment. The awareness of the health benefits of grass-fed beef such as higher content of omega-3 fatty acids linoleic acid and antioxidant vitamins like vitamin E fuel its demand in the US, Australia, and other markets. This consequently adds to the revenue, thus boosting...
JBS' Seara Alimentos Completes Acquisition of Cold Cuts Business Frigorífico Marba
JBS S.A., communicates to its shareholders and the market in general, in accordance with the terms of the Brazilian Securities and Exchange Commission Instruction no. 358, dated January 3, 2002, that its subsidiary Seara Alimentos Ltda. ("Seara") concluded on December 20, 2019 the purchase of Frigorífico Marba Ltda. ("Marba"), under the terms of the Agreement to Purchase and Sell Quotas and Other Covenants signed on November 6, 2019.
The transaction had previously been approved by the Brazilian anti-trust authority, among other conditions that are...
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