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December 23, 2011

 

Global chicken, meat demand to rise two-thirds more

 

 

An increased global population will be needing two thirds more animal protein than it does today bringing new strains to bear on the world's natural resources, according to Food and Agriculture Organisation (FAO).

 

Meat consumption is projected to rise 73% by 2050, whereas dairy consumption will grow 58% over current levels.

 

The world is witnessing a tremendous change in eating habits with rising disposable income and economic growth especially in developing nations making people taste more of meat and poultry.

 

According to some analysts, India, the fifth largest producer of soy after US, Brazil, Argentina and China accounting for 5% of global output may become a net importer by 2015. This is due to rising domestic demand for meat consumption. India is a leading exporter of soymeal and in the present crop year ending September the nation exported 4.1 million tonnes.

 

Among other Asian nations Indonesia produces about 700 000 tonnes of soy annually which has not been sufficient to keep up with local demand of 2.4 million tonnes according to a Rabobank report. Bangladesh farmers have now taken a fancy for cultivation of corn along with rice as it is being encouraged by the government to ensure feed supplies for the poultry and meet industry.

 

Soy and corn cultivators may be going through a bad patch in the US due to recessionary trends in poultry industry and drop in exports. However, the long term looks positive for the industry as rising poultry meat consumption.

 

Global soy production is projected at 259.2 million tonnes up 300,000 in 2011 12. Increased production for Canada and India is only partly offset by a lower projection for China according to the USDA. Global corn production for 2011 2012 is projected at a new record high of 867.5 million tonnes despite a 3.5-million-tonne decline year to year in the U.S. Foreign corn production is expected to be up 43.4 million tonnes from 2010 2011. China 2011 2012 production is raised 7.3 million tonnes this month based on the recently released estimate from the National Bureau of Statistics.

 

Since 1967 global production of poultry meat increased by around 700%. Other products saw surges in production as well including eggs which registered a 350% increase pig meat (290%) sheep and goat meat (200%) beef and buffalo meat (180%) and milk (180%). Livestock products today supply 12.9% of calories consumed worldwide 20.3% in developed countries. Their contribution to protein consumption is estimated at 27.9% worldwide and 47.8% in developed countries.

 

Compared with this, the other major source of protein pulses provides only 10% of protein requirements. The planted area would have to increase substantially to feed the growing requirement for food protein from pulses but faces several obstacles in key growing nations. On the other hand animal protein derived from meat and poultry may be cheaper to produce and consume although production increase has not occurred uniformly worldwide and many poor communities continue to lag behind in animal protein consumption according to FAO.

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