The global beef meat demand in 2024 highlights significant consumption disparities among countries. The United States leads with 17.7 thousand metric tons, followed by China at 12.32 thousand metric tons, and Brazil at 11.28 thousand metric tons. Smaller but notable contributions are seen from Argentina, Pakistan, and Mexico. Year-on-year variations show strong growth in India, Pakistan, Indonesia, and several smaller markets such as Zambia and Chad. Conversely, Russia, Venezuela, and Nigeria are experiencing notable declines. Over the last two years, the United States, China, and some European nations have shown stable to moderate growth, while countries like Brazil, Argentina, and Russia have exhibited fluctuations.
Future trends to watch include the increasing consumption in emerging markets such as India, Pakistan, and several African countries due to rising incomes and urbanization. Simultaneously, developed markets may face stagnation or decline due to changing dietary preferences and economic challenges. The impact of sustainability concerns and potential shifts towards plant-based diets could also influence future demand patterns.
Top countries in Beef Meat Demand Share by Country (Thousand Metric Tons)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United States | 17.7 | 2023 | +0.2% | +0.08% | View data |
2 | 2 China | 12.32 | 2023 | +1.26% | +0.82% | View data |
3 | 3 Brazil | 11.28 | 2023 | -0.039% | -0.18% | View data |
4 | 4 Argentina | 3.83 | 2023 | +0.49% | +0.24% | View data |
5 | 5 Pakistan | 2.82 | 2023 | +0.88% | +0.74% | View data |
6 | 6 Mexico | 2.77 | 2023 | +0.21% | +0.084% | View data |
7 | 7 Russia | 2.62 | 2023 | -1.37% | -1.5% | View data |
8 | 8 India | 2.17 | 2023 | +1.29% | +1.23% | View data |
9 | 9 France | 1.99 | 2023 | -0.22% | -0.22% | View data |
10 | 10 Germany | 1.86 | 2023 | +0.71% | +0.8% | View data |