Global Meat and Poultry Product Industry Expansion is Forecast to Reach 3.9% P.A.

Date: 2015-08-13

“The expansion of the global meat and poultry product industry is forecast to reach 3.9% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 7.6%. Currently, swine meat and offal accounts for 34.5% of the global demand while the remaining market share is divided between bovine meat and offal (28.2%), fowl, duck and goose meat and offal (21.4%), sheep, lamb and goat meat and offal (4.1%), sausages (3.4%), turkey meat and offal (2.5%), horse, mule, ass and hinny meat and offal (0.3%), rabbit and hare meat and offal (0.2%) and other meat and poultry products (5.4%).

China, France, Germany, Russia and the United States represent the largest meat and poultry product markets while the strongest annual growth is forecast to occur in Panama (13.7%), Bolivia (13.5%), Jordan (10.8%), Vietnam (9.4%) and the United States (9.2%).”

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