From 2020 to 2030, the EU estimates an average annual growth in meat consumption of 1.1% worldwide

Published 2021년 2월 5일

Tridge summary

The European Union (EU) forecasts a slight global growth in meat consumption at 1.1% annually, but the region's per capita meat consumption is expected to decrease by 1.6% by 2030 due to sustainability factors. The EU's total meat production is projected to decline despite advancements in efficiency, with beef production anticipated to drop by 8% and the cattle census by 2.2 million head by 2030. Pork production is also expected to see a decrease of 4.6% by 2030 due to environmental concerns and African swine fever. Despite a temporary drop in pork demand prices, the European Commission anticipates a recovery to around € 1,600 (US $ 1922) per ton in 2030.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the latest forecasts from the European Union (EU), world meat consumption is expected to continue growing at an estimated rate of 1.1% per year. However, meat consumption in the EU is expected to fall 1.6% per capita by 2030. An important factor anticipated in the EU meat markets is sustainability, which can lead to a reduction in the EU cattle census by 2030. Total EU meat production is expected to decline despite innovation and technological improvements increasing efficiency. Regarding beef, according to the European Commission, EU meat production is expected to drop 8% (0.6 million tonnes) between 2020 and 2030. The census is expected to drop 2.2 million head (-7% ) until 2030, reflecting increases in milk production reducing the need for dairy cows. The census of dairy cows is expected to decrease due to the loss of profitability of ranchers due to the supply of meat from other large producers such as Brazil, the United States or Argentina. However, the slowdown ...

Source: Beefpoint