The global outlook for meat is increasingly characterised by rising production and consumption trends of developing countries, according to the ‘Agricultural Outlook’ report from the Organisation for Economic Cooperation and Development and the FAO.
By 2016, the report estimates world meat production to grow by 1.7% a year due to production expansion in Brazil, China and India. With trade recovering from disease outbreaks in many important countries, the major meat exporters are seen as Brazil, the US, Canada, Argentina and Australia. Most expansion will occur in Asia and the Pacific region dominated by pig meat growth. However, the report said the US will remain the largest meat importer.
Import dependency in meat producing countries will also likely grow as countries reach their capacity to produce.
Organisation for Economic Cooperation and Development
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