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60% of meat by 2040 will not come from dead animals

Discussion in 'General Chat' started by rottiepointerhouse, Jun 12, 2019.

  1. rottiepointerhouse

    rottiepointerhouse PetForums VIP

    Feb 9, 2014
    Likes Received:

    The global population—which was around 7.6 billion in 2018—is projected to increase to around 10 billion by 2050. To sustain all these people, a massive amount of food is required. However, according to the Food and Agriculture Organization of the United Nations (FAO), nearly half of the worldwide harvest is required to feed the livestock population, which consists of about 1.4 billion bovines, 1 billion pigs, 20 billion poultry, and 1.9 billion sheep, lamb, and goats (see figure 1). Agricultural production directly for human consumption accounts for just 37 percent, representing the second largest harvest consumption block (ahead of biofuel, industrial production, and others). Thus, most of the harvest is fed to animals to produce meat, which finally is consumed by humans. In the following elaborations, the term “meat” refers to bovine, pig, poultry, sheep, lamb, and goat meat but does not include game or seafood (for example, fish and crustaceans).

    1. The meat market will grow at a low rate in the coming decades as global population growth takes place mostly in locations with low meat consumption such as India and African countries. Considering an average inflation rate of 2 percent, the meat market will grow at around 3 percent per year in the coming decades.
    2. Novel vegan meat replacements will be most relevant in the transition phase toward cultured meat, whereas cultured meat will win in the long run. This is due to the fact that commercial competitiveness will gradually shift in favor of cultured meat over the next 15 years.
    3. The consumer and legal acceptance of cultured meat will be a global phenomenon. This hypothesis is backed by several surveys in India, China, and the US as well as the global development toward “non-slaughtered” and resource-efficient products.

    Based on A.T. Kearney analysis, around one-third of the global meat supply will be provided by these new technologies within the next 10 years (see figure 9). It is noteworthy that the demand for conventional meat declines by 3 percent despite a global increase in meat consumption of 3 percent per year. Novel vegan meat replacements will show a strong growth in the transition phase (until 2030), whereas cultured meat—with an annual growth rate of 41 percent per year—will outgrow novel vegan meat replacements between 2025 and 2040 due to technological advancements and consumer preferences.

    Full report here

  2. cheekyscrip

    cheekyscrip Pitchfork blaster

    Feb 8, 2010
    Likes Received:
    Sounds good to me!
    I can live on shrooms...
    rottiepointerhouse likes this.
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