Global industry news: Meat, March 2023

Published 2023년 5월 2일

Tridge summary

The European Union's meat production is projected to decrease by nearly 3% in 2023, primarily due to a decrease in pork and beef production. German meat consumption has reached a 34-year low, with a decrease in pork consumption contributing to this. The Biden administration has proposed new regulations for meat labeling, specifying that 'Product of USA' labels can only be used if the animals were raised and slaughtered in the United States. In contrast, the Italian government has supported a proposal to ban the production of cell-farmed meat and other synthetic foods, with potential fines for violations.

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

Original content

Meat production expected to decline in 2023 in the EU According to EC data, meat production in the EU in 2023 will decrease by nearly 3% on an annual basis. This decrease will be caused mainly by lower production of pork and beef. EU beef production will fall again, mainly due to lower demand from China. According to the EC's expectations, it will amount to 21.2 million tonnes, ie 5% less yoy. In turn, beef production will decrease by nearly 2% to 6.8 million tonnes. In the case of poultry production, opposite trends are expected. This production is estimated at 13.2 million tons, which is over 1% more than last year. Meat consumption in Germany is at its lowest level in 34 years Meat consumption in Germany in 2022 fell to its lowest level in more than three decades, mainly due to a reduction in pork consumption. The average German ate 52 kilograms of meat last year, down about 4.2 kilograms from 2021 levels and the lowest figure since the government began tracking meat ...

Source: Foodfakty