The analysis of global veal and beef consumption at farm gate highlights the United States as the highest consumer with 12.59 million metric tons, followed by China at 8.99 million metric tons. India exhibits significant growth in demand, with a 15.25% increase in 2023 compared to other countries. While Brazil showed a decline of 3.37%, Vietnam manifested the highest growth at 8.97%. Most other countries displayed marginal increases, suggesting steady demand.
Future trends to watch include:
- India's robust growth could continue influencing global market shifts.
- China's growing demand may impact global veal and beef supply dynamics.
- Economic policies and environmental factors in major agricultural countries could significantly affect production levels.
- Emerging markets may play larger roles if consumption patterns shift significantly.
Top countries in Veal and Beef Consumption at Farm Gate by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 12,590 | 2023 | +0.25% | +0.72% | View data |
| 2 | 2 China | 8,990 | 2023 | +2% | +3.74% | View data |
| 3 | 3 Brazil | 5,950 | 2023 | -2.81% | -3.37% | View data |
| 4 | 4 India | 2,700 | 2023 | +11.76% | +15.25% | View data |
| 5 | 5 Mexico | 1,670 | 2023 | +0.37% | +0.56% | View data |
| 6 | 6 Japan | 1,330 | 2023 | +0.64% | +0.44% | View data |
| 7 | 7 South Africa | 1,070 | 2023 | +1.37% | +0.89% | View data |
| 8 | 8 Canada | 985.57 | 2023 | -0.00052% | +0.18% | View data |
| 9 | 9 Australia | 550.04 | 2023 | +2.3% | -1.02% | View data |
| 10 | 10 Chile | 502.14 | 2023 | +1.11% | +1.08% | View data |
