The global beef and veal meat supply landscape in 2023 was led by the United States, China, and Brazil, collectively exploiting significant market shares. The United States maintained modest growth, while China's supply expanded by over 7%. Brazil followed with a steady increase. Conversely, Australia and Russia faced declines. Notably, regions like Vietnam, Malaysia, and Saudi Arabia saw significant growth, whereas Ukraine suffered nearly a 9% drop. Angola marked a nearly 19% uptick, indicating a shift in regional dynamics.
Looking ahead, the demand in emerging markets, driven by population growth and dietary shifts, will likely shape the global beef supply chain. Environmental concerns and technological advancements in meat production will influence future supply patterns. Watch for changes in trade policies and global economic factors, as they could markedly alter supply shares. Progress in alternative proteins may also impact traditional beef and veal market dynamics.
Top countries in Beef and Veal Meat Supply Share by Country (Thousand Metric Tons (Carcass Weight Equivalent))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 20.3 | 2023 | -3.22% | +0.49% | View data |
| 2 | 2 China | 15.8 | 2023 | +3.91% | +7.23% | View data |
| 3 | 3 Brazil | 15.11 | 2023 | +1.87% | +1.16% | View data |
| 4 | 4 India | 6.31 | 2023 | +1.95% | +0.9% | View data |
| 5 | 5 Argentina | 4.59 | 2023 | +2.48% | +1% | View data |
| 6 | 6 Mexico | 3.42 | 2023 | +2.65% | +2.04% | View data |
| 7 | 7 Australia | 3.12 | 2023 | +15.35% | -1.14% | View data |
| 8 | 8 Pakistan | 2.69 | 2023 | +1.34% | +0.99% | View data |
| 9 | 9 Russia | 2.28 | 2023 | -0.25% | -2.39% | View data |
| 10 | 10 Canada | 2.27 | 2023 | -4.26% | +0.81% | View data |
