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Top 20 Countries with the Highest Meat Consumption

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In this article, we will be covering the top 20 countries with the highest meat consumption. If you want to skip our detailed analysis of the meat industry and consumption trends, go directly to the Top 5 Countries with the Highest Meat Consumption.

As reported in one of our articles earlier, the global meat products market is expected to witness significant growth during the forecast period of 2022 to 2029. The market is projected to expand at a compound annual growth rate (CAGR) of 5.7% to reach a total value of $1,345.9 billion. The Food and Agriculture Organization (FAO) of the United Nations (UN) forecasted global annual meat production of 361 million tons in 2022. This translated into an average meat consumption per person per day of 118.6 grams. The FAO has forecasted an increase of 14% in global meat consumption by 2030. Considering the projected global population surpassing 9 billion by the middle of this century, it is expected that global meat consumption will rise to 570 million tons by 2050.

Overall, global meat consumption has been increasing steadily over the past few decades. According to Our World in Data, Hong Kong and Saint Vincent and the Grenadines are the countries in which meat consumption per capita is increasing at the fastest rate. Factors such as population growth, urbanization, and rising incomes in developing countries have contributed to this trend. As more people move out of poverty, they often seek to include more meat in their diets. Meat consumption varies significantly across different regions of the world. Spain, Italy, and France are among the leading consumers of meat in Europe. Developed countries tend to have higher meat consumption per capita compared to developing countries. While India has a significant level of annual meat supply, the country’s per capita meat consumption stands at only 4.58 kg. This makes India the country that eats the least meat on a per-person basis on our list. On the other hand, countries like Germany, the United States, and Japan rank among the top 10 countries with the highest meat consumption. These nations have well-established meat industries and a cultural preference for meat-based diets.

Key Players in the Industry

As of 2023, 72%, or $963.20 billion, of the global meat industry revenue, is dependent on fresh meat and 26.2%, or $347 billion, comes from processed meat. Meanwhile, the remaining 1.8% or $12.74 billion, is contributed by meat substitutes. The patterns of red meat consumption per capita by country play a significant role in shaping the global meat industry landscape. Some of the leading companies capitalizing on the expanding meat industry include Hormel Foods Corporation (NYSE:HRL), Beyond Meat, Inc. (NASDAQ:BYND), and The Kroger Co. (NYSE:KR). You can also read about the 10 Best Beef Stocks to Buy Now here.