Global meat outlook
A recent report published by OECD – FAO predicts that global meat consumption will continue to grow at one of the highest rates among all the major agricultural commodities during the next decade.
The ‘growing incomes and westernisation of diets in many emerging economies’ such as Asia and Latin America will drive the levels of global meat consumption in the next decade, according to a report produced by the OECD (Organisation for Economic Co-operation & Development) and the FAO (Food & Agriculture Organisation of the United Nations) entitled 'Agricultural Outlook 2012 - 2021'.
Although meat consumption has nearly reached saturation in developed countries, the demand for all the main meat species will increase across the world, although growth will be constrained by availability of local resources and higher levels of imports will be needed to meet the increased demand in many countries.
It is expected that poultry will overtake pig meat as the world’s most popular meat by the end of the period.