Beef Market - Beef is classified as red meat that comes from cattle (Bos taurus) and contains a higher quantity of iron as compared to chicken or fish. Beef is generally pounded into patties for hamburgers and is also eaten as roasts, ribs, or steaks. Corned beef, beef jerky, and sausages are categorised as processed beef products. Uruguay, Argentina, New Zealand, Australia, and the United States are the leading beef-eating countries in the world.