October 21, 2008

     

India's demand for beef might exceed Pakistan's
       

 

People in India are likely to consume more beef and veal in 2009 as compared to Pakistan, according to findings released in the latest US Department of Agriculture (USDA) report on 'Livestock and poultry: World markets and trade'.

 

India's demand for beef and veal is expected to be about 65 percent more than Pakistan at 1.9 million tonnes in the coming year.

 

Pakistan's beef and veal consumption is projected at 1.1 million tonnes.

 

The USDa report added that buffalo meat consumption is likely to rise by 7 percent in India and by just 2.28 percent in Pakistan. Buffalo meat consumption in India is rising because unlike Pakistan, which is largely Muslim, there is no restriction on cow beef and pork consumption.

 

Meanwhile, production of India's beef and veal is expected to double that of Pakistan's at 3.1 million tonnes in 2009.

 

USDA data indicates that production in India is increasing on an average by 1-2 lakh tonnes ( 100,000-200,000 tonnes ) year-on-year and is expected to rise 5 percent to nearly 2.8 million tonnes in 2009.

 

On the export front, it also said that India's exports are foreseen to remain firm at 8.1 lakh (810,000) tonnes as the bulk of expansion is driven by increasing domestic consumption.

 

Moreover, demand for buffalo meat is gradually growing in export markets due to its price competitiveness, perceived organic nature, and proportionally beef with less fat.

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