You searched for "Global Meat Market" (2 results found)

Global market for meat, poultry and seafood will be worth $7.3 trillion in 2025

  • 31 May 11:54

Global market for meat, poultry and seafood will be worth $7.3 trillion in 2025 Poultry is expected to emerge as the fastest growing segment in markets such as the US and Europe. A new report from Grand View Research predicts that the global market for poultry, meat and seafood is to reach $7.3 trillion in 2025 as the world population is expected to be at 8.1 billion inhabitants. Poultry will be the fastest growing product segment in markets such as the US, Europe or India, according to the analysts, quoted byPR News Wire. In the US market, for example, a survey conducted by the National Chicken Council in June 2017 showed over 84% of consumers had eaten chicken purchased from a supermarket within the previous two weeks, and 67% had consumed chicken. Read more...

Positive Outlook for Global Meat Market

  • 31 Aug 12:00

Positive Outlook for Global Meat Market The outlook for the global meat market is largely positive, according to a joint Agricultural Outlook report from the OECD and FAO. Current market situation Meat prices reached record levels in 2014, driven mainly by an increasing beef price. At the same time, the Porcine Epidemic Diarrhoea virus (PEDv) in the United States and African swine fever in Europe, lowered pigmeat supply in 2014 pushing pigmeat prices upwards. Sheepmeat prices also increased in 2014 following several years of flock reduction in New Zealand, induced by the conversion of sheep farms to more profitable dairy operations and accentuated by drought conditions whilst substitutability among. Read more...