This was then cross referenced with several sources of beef quality to ensure that the top countries are also present in the exporter list. We used global export data to sift out the world's top beef exporters. (NYSE: TSN), Strauss Brands LLC, and National Beef Packing Company, LLC.ġ5 Countries that Produce the Best Beef in the World Most of the world's prominent beef producers are based in the U.S., with some top names being Tyson Foods, Inc. Another emerging trend is lab cultivated meat, which is grown in laboratories instead of being acquired through slaughter. These fabrics separate the rock layers from soil and are frequently used in road building projects. A novel approach at this front involves the use of geotextile fabric and concrete to reconstruct heavy use areas that are resistant to runoff water contaminating animal water sources. One such challenge is managing mud during a rainy season, which reduces the area for cattle cultivation. The beef production industry is also relying on several different technologies to solve challenges. Additionally, while Europe had some of the largest herds in the world, beef consumption in the continent will decline due to growing awareness of the health risks associated with beef consumption and cattle viruses making the consumer wary about consuming too much beef. North America was the largest beef consumer according to the research firm, particularly due to the widespread consumption of steaks and fast food. Astute readers will note that this CAGR mirrors the production rate estimated by the FAO. From then until 2030, its compounded annual growth rate (CAGR) will sit at 5.5% for a final value of $604 billion. The report, published in Q2 2022, estimated that by 2022 end, the sector would be worth $414 billion. In terms of monetary value, research firm Fortune Business Insights believes that the global beef market was worth $395 billion in 2021. Why will Europe's beef production fall in the future? Well, advances in milk production technology take some of the blame, as they enable more milk output per cow and result in a subsequent decrease in cow inventory. Segregating the developed world via regions, Europe's 5% production drop will be the primary reason for the static growth, even as North America is projected to grow production by 6%. In comparison, all of the growth will come courtesy of the developing world, which produced 40.6 Mt of beef in 2021 and will grow this to 46.2 Mt by 2030. Production in the developed world will nearly remain static during this time period, as the beef output, which stood at 30 Mt in 2021, will only grow to 30.1 Mt by 2030. Data shows that beef represents 24% of the world's meat consumption, while the number one meat, pork, accounts for 36%.Īdditionally, the FAO also believes that global beef production will sit at 75.9 Mt by 2030 after it stood at 70.5 Mt in 2021 for an estimated growth rate of 5.8%. According to data from the United Nations Food and Agriculture Organization (FAO), beef is the third most popular meat in the world, after pork and poultry. It is typically defined as the meat of cattle, or bovine animals, with cows and buffaloes being the most common kinds. For more countries, head on over to 5 Countries that Export the Most Beef in the World.īeef is one of the most widely eaten meat in the world. In this piece, we will take a look at the 15 countries that export the most beef in the world.
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