Global Beef Yield, Forecast 2021-2030 by Country

In 2023, Japan led the global beef yield with 456.51 kg, followed by Canada and South Korea. A study of 2024 forecast reveals consistent increases across countries, influenced by factors like technology advancement, dietary shifts, and economic conditions. Some expected relatively stable trajectories, whereas regions like Brazil and Argentina might see growth due to export expansions. Countries such as China, India, and Nigeria are poised for moderate gains despite lower 2023 yields, driven by economic growth and dietary changes. Despite variations in individual country performance, a consistent overall upward trajectory for global beef production is anticipated.

Looking forward to 2030, key trends to monitor include technological advancements in beef production, changes in consumer preferences towards sustainable practices, trade policy shifts, and climate change impacts. Economies experiencing urbanization and income growth, especially in Asia and Africa, may see increased beef demands. Countries investing in agricultural technology and policy reforms aimed at enhancing productivity are likely to experience improvements in beef yields. Conversely, challenges such as resource constraints and health concerns surrounding beef consumption may impact future growth.