Tridge summary
Beef is the third most consumed meat globally, accounting for 24% of the world's meat consumption. The United Nations predicts that beef production will increase to 75.9 million tons by 2030, with the development world driving this growth. The global beef market is expected to be worth $604 billion by 2030, with North America being the largest consumer. However, beef consumption in Europe is expected to decline due to health concerns and bovine viruses.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Beef is one of the most popular meats in the world. It can be from different cattle, the most common being cows and buffaloes. According to data from the Food and Agriculture Organization of the United Nations (FAO), beef is the third most popular meat in the world after pork and poultry. It represents 24% of the world's meat consumption. The FAO predicts that global beef production will reach 75.9 million tons by 2030, after being 70.5 million tons in 2021, with an estimated growth rate of 5.8%, Finance Yahoo reports. The Slovenian farm from which Michelin-starred restaurants buy their meat Beef production in the developed world is estimated to remain almost static over this time period. All growth to 2030 will come from the developing world. Looking at the developed world by region, Europe's production decline of 5% will be the main reason for static growth, although North America is expected to increase production by 6%. Top 15 countries that exported the most frozen beef in ...
Source: Agri
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