The United States leads the global beef and veal meat supply in 2024 with 14.26 million metric tons, followed closely by China at 11.1 million metric tons. Brazil stands third with 10.62 million metric tons. Notable year-on-year variations include significant increases in China (7.23%) and the United States (0.49%). Conversely, Russia (-2.39%) and Ukraine (-8.94%) saw declines. Over the past five years, compound annual growth rates highlight China and Vietnam as key growth markets, due to factors like rising middle-class populations and dietary shifts.
Future trends to watch include potential continued growth in Asia, driven by increasing urbanization and higher meat consumption rates. Climate impact on production and shifts towards sustainable practices may also influence global supply dynamics.
Top countries in Beef and Veal Meat Supply by Country
| # | 10 Countries | Thousand Metric Tons (Carcass Weight Equivalent) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 14,260 | 2023 | -3.22% | +0.49% | View data |
| 2 | 2 China | 11,100 | 2023 | +3.91% | +7.23% | View data |
| 3 | 3 Brazil | 10,620 | 2023 | +1.87% | +1.16% | View data |
| 4 | 4 India | 4,440 | 2023 | +1.95% | +0.9% | View data |
| 5 | 5 Argentina | 3,230 | 2023 | +2.48% | +1% | View data |
| 6 | 6 Mexico | 2,410 | 2023 | +2.65% | +2.04% | View data |
| 7 | 7 Australia | 2,190 | 2023 | +15.35% | -1.14% | View data |
| 8 | 8 Pakistan | 1,890 | 2023 | +1.34% | +0.99% | View data |
| 9 | 9 Russia | 1,600 | 2023 | -0.25% | -2.39% | View data |
| 10 | 10 Canada | 1,600 | 2023 | -4.26% | +0.81% | View data |
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