The United States and China dominate global beef and veal consumption, with notable growth in China's consumption. Brazil remains significant despite a slight decline, while South Korea and Malaysia show solid growth. Interestingly, Saudi Arabia and Angola reflect significant increases, contrary to the general trends in neighboring regions. Key reductions are observed in Ukraine, Algeria, and Paraguay, pointing towards regional dynamics affected by local economic and policy shifts.
Future Trends to Watch:
- Continued growth in Asian markets, especially China and Southeast Asia, driven by rising middle-class incomes and changing dietary preferences.
- Potential shifts in European and Middle East consumption linked to economic policies and consumer preferences.
- Environmental and sustainability concerns may influence production and consumption patterns globally.
Top countries in Beef and Veal Meat Human Domestic Consumption Share by Country (Thousand Metric Tons (Carcass Weight Equivalent))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 21.75 | 2023 | -1.46% | +0.7% | View data |
| 2 | 2 China | 19.11 | 2023 | +3.92% | +7.25% | View data |
| 3 | 3 Brazil | 13.56 | 2023 | +4.56% | -0.33% | View data |
| 4 | 4 India | 5.2 | 2023 | +3.68% | +2.01% | View data |
| 5 | 5 Argentina | 4.11 | 2023 | +2.62% | -1.48% | View data |
| 6 | 6 Mexico | 3.51 | 2023 | +4.63% | +1.36% | View data |
| 7 | 7 Pakistan | 3.18 | 2023 | +1.66% | +1% | View data |
| 8 | 8 Russia | 2.7 | 2023 | +0.38% | -2.65% | View data |
| 9 | 9 Japan | 2.16 | 2023 | +1.79% | -0.75% | View data |
| 10 | 10 Canada | 1.73 | 2023 | -3.93% | -0.26% | View data |