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Poultry will account for less than half of the global meat market by 2031

Published Dec 28, 2022

Tridge summary

The OECD and FAO have released a report predicting a 16% growth in poultry meat production by 2031, making it the leading source of meat protein, accounting for 47% of the global total. This shift is driven by consumer preferences in high-income countries and the meat's accessibility and nutritional benefits in low- and middle-income countries. Despite the pandemic's impact, a return to previous meat consumption trends is anticipated in the short term for high-income countries. In contrast, lower-income regions will see continued growth due to population and income factors. Global meat production is expected to rise to 377 million tons by 2031, primarily due to poultry, with China leading the increase. However, EU production may decline due to increased costs and reduced export opportunities. Meat sector emissions are projected to increase by 9% by 2031, largely due to poultry production, but at a slower rate than meat production growth, thanks to improved productivity and lower emissions per unit of meat produced.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This is a forecast that has just been released in the Agricultural Outlook Report jointly implemented by the two organizations of Economic Co-operation and Development (OECD) and the United Nations Food and Agriculture Organization (FAO). Accordingly, the long-term shift to poultry production will continue to grow strongly, partly due to the consumer trend favoring white meat in high-income countries. This is because poultry meat is said to be easy to make into a variety of meals, healthy and considered the best choice. In countries where the majority of the population is low and middle income, poultry meat is also considered a cheaper meat substitute than other meats. As a result, the OECD and FAO report predicts that the amount of protein available from poultry will grow by 16% by 2031 and will then account for 47% of protein consumed from meat sources, followed by only 47%. pork, lamb and beef. Over the past few years, poultry meat consumption has increased in most countries ...
Source: Agriculture

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