Asia’s poultry consumption to increase 20 percent by 2037
Spurred by the combined effects of a growing population and a rapidly expanding middle class, demand for poultry meat and eggs in Asia is driving world poultry consumption growth.
The world’s poultry consumption is predicted to increase by 20 percent in the next 20 years. Forty percent of that growth is expected to come from Asia and 30 percent from Latin America.
Read the entire report about Asia’s poultry consumption exclusively in the November issue of Poultry International.
With 54 percent of the world’s population living in Asia and its economy growing, Asia will have a huge impact on world poultry demand. If the expected increase in poultry production and consumption occur, poultry would become the world’s most consumed meat over pork. But fish and seafood still have a very large portion of the diets of people in Asia.
Forty-two percent of total meat consumption in Asia is fish. Without fish, pork would be the No. 1 leader in consumption. However, excluding China, poultry is the most consumed meat in Asia.
There is a significant 7 million-8 million tons of China’s poultry production that are waterfowl. This is an industry that continues to grow, while the market for native chicken breeds has had a bit of a contraction.
The world population is expected to continue to grow from 7.4 billion today to 9.3 billion by 2050. As it does, it is expected that the urban population in Asia will grow dramatically from 49 percent to 70 percent. If more of the population lives in urban areas and their incomes rise, the demand for all poultry products -- but primarily that of chicken -- will increase.