What's New ? - 2021

What's New ? - 2021

OECD‑FAO Agricultural Outlook 2021‑2030

22 July, 2021

Global meat production is projected to continue growing over the coming decade, but at a slightly slower rate than over the past 10 years. Compared to the 2018-2020 average, meat production is set to increase by 13% by 2030.
The overall increase is led by poultry production, which is set to rise by 17% by 2030, compared to the base period. Poultry benefits from favourable meat-to-feed price ratios and the short production cycle enables rapid genetic improvement. According to OECD-FAO, this will help boost its popularity relative to ruminant meat production in particular. Meat consumption has been shifting towards poultry. In lower income developing countries this reflects the lower price of poultry as compared to other meats, while in high-income countries this indicates an increased preference for white meats which are more convenient to prepare and perceived as a healthier food choice. Globally, poultry meat is expected to represent 41% of all the protein from meat sources in 2030, an increase of 2 percentage points when compared to the base period. Most countries are expected to increase poultry production over the coming decade, though the UK is an exception where production remains relatively stable. Asia shows some of the strongest growth, facilitated by the current ASF-driven pork shortage, which benefits the popularity of poultry in the medium-term.

 

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