The Agriculture and Livestock Industries Corporation reported OECD/FAO's announcement of the global meat supply and demand outlook through 2034.
According to the OECD-FAO Agricultural Outlook 2025-2034, global meat production is predicted to reach 375.8 million tons by 2034, an 11.4% increase from 2024. Poultry production increase is particularly notable, expected to account for approximately 58% of global meat production increase. Regionally, the Asia-Pacific region will account for 43% of production increase, with China and India making large contributions.
In terms of consumption, global per capita meat consumption is expected to increase at an annual average rate of 0.9%, reaching 34.9kg in 2034. Regarding price trends, meat prices are predicted to decline gradually from 2025 due to stabilization of feed grain prices, but climate change and animal disease risks are noted as price fluctuation factors.
In trade, global meat trade volume is expected to increase 17.2% by 2034, with particularly increased import demand expected in Africa. Major exporters are expected to continue being led by Brazil, the United States, EU, and Australia, but emerging countries such as India and Thailand are also expected to expand exports.
The article shows that while meat demand continues to expand globally due to population growth and economic development, balancing production efficiency improvement with sustainability has become an important challenge.