FAO-OECD forecast growth, albeit slower, in global meat demand for the 2022-31 period
Meat
Published Jul 12, 2022
Tridge summary
The OECD-FAO Agricultural Outlook 2022 report projects that global meat supply will expand to meet growing demand during the 2022-2031 period, reaching 377 million tonnes by 2031, but growing more slowly than in the last decade.
Original content
The OECD-FAO Agricultural Outlook 2022 report projects that global meat supply will expand to meet growing demand over the 2022-2031 period, reaching 377 million tonnes by 2031, but growing more slowly than in the decade. As noted in the report, the global expansion of herds and herds, especially in China, coupled with continuous improvement in animal husbandry, management and technology, will increase productivity, especially in low-income countries. low and medium, which will boost production growth. Also, it is indicated that the increase in meat prices at the beginning of the projection period will induce a supply response, although limited by the increase in input costs , particularly feed, energy and transport. Bottlenecks in processing capacity that occurred during the height of the pandemic are also expected to China is expected to account for the largest share of the total increase in meat production, followed by the United States, Brazil and India. By contrast, in the ...
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