Showing posts with label international. Show all posts
Showing posts with label international. Show all posts

08 December, 2014

COUNTRIES COMPARED

Today we will be focusing on the worldwide meat production and consumption.


If you were interested in the previous post (the table with a breakdown of meat and milk consumption per country/region) here is a more comprehensive review of the meat production and consumption for ya! 

For those who prefer a more visual breakdown;


1) Worldwide Meat Production


The production of meats in USA and Europe is increasing, however this is equally matched by increasing prices due to the high costs associated to livestock production. However, pigs and poultry are doing well in the market since both species do not need a lot of feed and can be kept in confined spaces.



2) Top Ten International Meat Industry:


Four out of the ten are based in the US; Cargill, Smithfield Foods, Tyson Foods and Hormel Foods. Three are located in Brazil; JBS, BRF and Marfrig. The rest are in Denmark, Netherlands and Japan.



Looking more carefully at the estimated meat consumption and the forecast, it seems that the increasing meat trend may not be so applicable to all countries.


3) Demand in the rich world



This may actually reflect on the fact that the 'richer' may be positively correlated to being more 'educated' and thus may be seeing a reduction in meat consumption. Despite this, only in less than half of the cases shown in the diagram above, shows a decline in meat consumption. Even so, the decline is very minimal and would be outweighed by the increases in meat demand. For example, by 2020, China's poultry production will increase by 37%, Brazil's will increase 28% and U.S. will increase by 16%. Nevertheless, the fact that there are forecasts for some countries lowering their meat demand is a good sign and goes to show that perhaps we can turn the tables.




Having identified and compared the different meat consumption patterns of different countries, we will proceed to look more carefully into specific regions in future posts!



Happy Meatless Monday! Tune in next Monday for a new FUN MYSTERY POST! Look forward to it!