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Meat demand is associated with higher incomes and a dietary shift due to urbanisation as meat is characterised by high production costs and high output prices. Meat consumption is related to living standards, diet, livestock production, consumer prices and cultural trends.

The international meat prices fell in 2020 due to the pandemic. Logistical hurdles and reduced food service and household spending temporarily curtailed import demand by some leading importing countries.

The OECD-FAO Agricultural Outlook 2021 projects the global meat supply to reach 374 Mt by 2030. China is projected to account for most of the the total increase in meat production, followed by Brazil and the USA.

Growth in global consumption of meat proteins over the next decade is projected to increase by 14% by 2030 compared to the base period average of 2018-2020. Meat consumption is projected to grow by 30% in Africa, 18% in the Asia and Pacific region, and 12% in the Latin American region; the projected increase in meat consumption is 0.4% in Europe and 9% in North America.

Globally, poultry meat is expected to represent 41% of all the protein from meat sources in 2030, an increase of 2 percentage points when compared to the base period. The global shares of other meat products are beef (20%), pigmeat (34%), and sheep meat (5%).

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