United States: USDA Long-term forecasts for pork production and consumption

Published 2023년 3월 16일

Tridge summary

A report by the Latin America Department of Market Economics forecasts a significant increase in the production of pork, beef, and poultry in Latin America from 2021 to 2032. Pork production is expected to grow the most, with an estimated 11.7% increase, reaching 14 million tons by 2032. Beef production is projected to grow slightly at 0.5%, while poultry production is expected to surge by 17.1%, reaching 23.6 million tons. The report also anticipates a decrease in the consumption of beef, veal, and lamb, with pork set to become the most consumed meat in the region by 2032.

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

Original content

Pork production will reach 14 million tons (Mt) in 2032, a number that represents an increase of 11.7% in relation to the estimated total in 2021. Beef and poultry meat will show, between 2021 and 2032, growth in production of around 0.5 and 17.1%, with volumes that will stand at 12.8 and 23.6 Mt respectively. Compared to other proteins, pork will grow at a much higher rate than beef, even if it is outpaced by growth in poultry production. From 2023, pork production is expected to be higher than beef, widening the gap between the two year after year and predicting that 1.25 Mt more pork will be produced than is estimated for beef in 2032. Pork meat will be the one that will most increase per capita consumption in the period 2021 – 2032 (10.2%), reaching 25.5 kg/inhabitant in 2032, followed by chicken (9.7%) and turkey (1. 3%) with consumptions that will reach 48.1 and 7 ...

Source: 3tres3