Alyssa Conway

Alyssa Conway is a senior editor at WATT Global Media. www.wattglobalmedia.com/contact-us

Avian Influenza

Input costs, slowing production growth influence market for poultry, eggs

The market for all meats in 2013 has been represented on the demand side by rising incomes from growth in developing countries and high nominal output prices; whereas on the supply side, high input costs, specifically grains for feed and energy-related expenses, have also affected growth. Over the next decade, meat prices are expected to remain high as meat production slows while demand, driven by developing countries such as China and India, remains strong.

Broilers & Turkeys

Global broiler meat production nears 85 million metric tons with growth in US, Thailand, Russia

Although slowing, growth in meat production over the next decade will be dominated by developing countries, which will comprise nearly 80 percent of additional output of all meats by 2022. World meat production will grow at a slower pace than the previous decade’s growth of 1.6 percent annually as a result of higher input costs, such as feed and energy, as well as high competition for natural resources.

Projections for global poultry, egg markets as world population grows

Higher demand for poultry meat and eggs around the world in the next decade will largely be driven by income growth and rapid population growth in the BRIC countries of Brazil, Russia, India and China, and generally other developing regions. A growing population with changing diets will require more animal proteins overall in the near future, but at a higher cost than in the previous decade with input costs rising and production slowing.

China, US dominate egg production again

Between 2000 and 2012, world egg production increased by 28.4 percent or an average rate of 2.4 percent per year (Figure 1). In 2012, almost 1,230 billion eggs were produced from a laying flock of approximately 6.8 billion hens. In fact, over 90 percent of global egg production comprises eggs from hens.

Changing diets, rising income in Asia increase egg consumption over past decade

Changing diets in Asian countries and urbanization combined with rising incomes have led to an increase in consumption of eggs and poultry products over the past decade.In China, egg consumption is projected to grow to 20 kg per person in 2030 from 15 kg per person annually in 1997-99.

Egg consumption growth driven by developing countries

Consumption of eggs and a wider variety of egg products has increased over recent years and is projected to grow to approximately 1,154 billion units by 2015, according to market research publisher Global Industry Analysts Inc. Much of the growth in egg consumption has come from developing countries.

Global poultry and egg market projections

In the year 2021, world poultry meat production is projected to reach 127.2 million metric tons. Although the world’s population growth rate is expected to slow to just 1.02 percent per year over the next decade, nearly 680 million additional people will need food, fiber and fuel by 2021.

Developing countries fuel poultry meat production growth

Demand in rapidly growing developing countries will drive world meat production to expand over the next decade, led by poultry meat production growing at a rate of about 2 percent per year. Nearly 104 million metric tons of poultry meat will be produced in 2012 after surpassing the 100-million-metric-ton mark for the first time in history in 2011.

Poultry meat and egg trade in international markets

A growing population and demand growth in the market for livestock products, especially in developing countries, has led to rapid trade growth in poultry and egg products. In the global market for eggs, shell eggs have historically been the most commonly traded form of eggs; however, the market for eggs is expected to shift over the next decade on Rabobank projections that egg industry consolidation will continue and increasing globalization will occur in the egg processing and egg products industries.

High feed costs impact poultry meat, egg production worldwide

In 2012, global meat production is projected to expand by nearly 2 percent to 302 million metric tons, according to estimates from the Food and Agriculture Organization of the United Nations. This growth will be driven by gains in pig meat production and poultry production, which for the first time in history exceeded 100 million metric tons, reaching a record 101.6 million metric tons in 2011, according to FAO.

China remains world’s top egg producer in 2012

Only five countries provided 55 percent of the world’s total egg production of nearly 64 million metric tons in 2011. Hen eggs, produced by a world total of about 6.5 billion egg-laying hens, comprise more than 90 percent of global egg production. Again in 2012, just a few countries will supply a majority of the world’s eggs.

Page 9 of 9