In 2023, the global beef meat slaughtering share was led by China (12.8%), followed by the United States (10.45%), Brazil (9.34%), and Canada (8.74%). Canada showed a significant year-on-year increase of 52.44%, a stark contrast to the declines seen in Brazil (-0.99%) and Russia (-2.13%). Additionally, Pakistan, Kenya, and Myanmar exhibited growth rates of 3.81%, 3.54%, and 3.33%, respectively. Conversely, Ukraine and Romania faced substantial drops, with -5.15% and -5.09%, respectively. Other notable declines were evident in France, Italy, and Iran.
Future trends to watch include the continued growth in Asian markets, with China and India leading the way. Canada and Pakistan's recent growth also indicate potential shifts in market dynamics. Conversely, European countries like France, Italy, and Germany might face challenges in maintaining their share.
Top countries in Beef Meat Slaughtering Share by Country (Units (Heads))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 12.8 | 2023 | +0.84% | +1.06% | View data |
| 2 | 2 United States | 10.45 | 2023 | +0.23% | +0.24% | View data |
| 3 | 3 Brazil | 9.34 | 2023 | -1.36% | -0.99% | View data |
| 4 | 4 Canada | 8.74 | 2023 | +6.48% | +52.44% | View data |
| 5 | 5 Argentina | 4.32 | 2023 | +0.72% | +0.97% | View data |
| 6 | 6 Pakistan | 3.11 | 2023 | +3.48% | +3.81% | View data |
| 7 | 7 India | 2.61 | 2023 | -0.65% | -0.53% | View data |
| 8 | 8 Australia | 2.56 | 2023 | -0.23% | +1.1% | View data |
| 9 | 9 Mexico | 2.53 | 2023 | +0.15% | +0.3% | View data |
| 10 | 10 Russia | 2.18 | 2023 | -2.29% | -2.13% | View data |
