In 2023, India led the global cattle supply with a 30.53% share, followed by Brazil at 19.6% and China at 12.7%. The United States accounted for 10.11%, and other notable contributors included Argentina (5.48%) and Australia (2.85%). Year-on-year, India grew by 0.38%, while Brazil saw a 0.73% increase. China experienced the highest growth at 2.77%, whereas the United States saw a decline of 1.16%. Argentina also declined by 0.54% with similar negative trends observed in Russia (-0.77%) and Canada (-0.52%). The long-term CAGR depicts mixed trends, highlighting significant growth in Mexico, Egypt, and South Korea, while Ukraine saw a decline.
Future trends to watch include potential shifts as environmental concerns and agricultural policies in major producing countries could impact cattle supply dynamics. Increasing meat alternatives and sustainable practices may also alter global cattle production and distribution patterns.
Top countries in Cattle Supply Share by Country (Thousand Units (Heads))
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 India | 30.53 | 2023 | +0.24% | +0.38% | View data |
2 | 2 Brazil | 19.6 | 2023 | +0.31% | +0.73% | View data |
3 | 3 China | 12.7 | 2023 | +3.46% | +2.77% | View data |
4 | 4 United States | 10.11 | 2023 | -2.48% | -1.16% | View data |
5 | 5 Argentina | 5.48 | 2023 | -1.02% | -0.54% | View data |
6 | 6 Australia | 2.85 | 2023 | +7.94% | +0.014% | View data |
7 | 7 Mexico | 2.13 | 2023 | +2.39% | +1.65% | View data |
8 | 8 Russia | 1.93 | 2023 | -1.66% | -0.77% | View data |
9 | 9 Canada | 1.28 | 2023 | -2.67% | -0.52% | View data |
10 | 10 New Zealand | 1.22 | 2023 | -1.46% | +0.058% | View data |