Articles

Id	Title	Subtitle	Content	Active	Archived	Category	User	Created	Modified	Actiuni
Id	Title	Subtitle	Content	Active	Archived	Category	User	Created	Modified	Actiuni
5076	Meat snacks gains momentum in Europe	Growth of more than $4 billion is foreseen in the international market, with Europe covering almost half of it.	<p>The global meat snacks market has a chance to expand by $4.14 billion in the next years and Europe will support the growing trend, according to a recent analysis from London-based research company Technavio. The meat snacks market has the potential to grow by USD 4.14 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 8.16%, says the report.<br />The growth of online distribution channels for meat snacks is expected to drive the growth of the market during the forecast period. Online distribution of meat snacks is expected to increase owing to factors such as rising internet penetration and the growing number of smartphone users across the globe. Online distribution channels help meat snacks manufacturers to reach customers in remote locations. The convenience offered by the online medium, such as the ease of payment using debit or credit cards from the comfort of the consumer's home and the home delivery of products, will drive the growth of the market during the forecast period. Owing to the growing online purchase, new players are entering the market with a variety of value-added services for online distribution. <br />The increasing demand for protein-rich snacks due to increasing health consciousness among consumers is another driver influencing the meat snacks market. The number of new product launches in the global meat snacks market, highlighting the protein content of the products, has increased. They are shifting the focus of their marketing strategies and projecting their offerings as healthy protein snacks. The players in the market are investing in developing new and healthier products that are free of harmful ingredients. The increasing demand for protein-rich snacks among millennials and the convenience offered by meat snacks, such as on-the-go consumption, will make meat snacks a popular option among millennials during the forecast period, analysts concluded.<br />Meat snacks are expected to become popular among European consumers and the trend is already visible. In fact, 48% of the growth foreseen is expected to be supported by Europe, according to the study. France, Germany, and Spain are the key markets for meat snacks in Europe. Market growth in this region will be faster than the growth of the market in MEA and South America. The increasing demand for jerkies among consumers will facilitate the meat snacks market growth in Europe over the forecast period. The meat snacks market share growth by the jerkies segment will be significant during the forecast period. The demand for jerky is expected to increase during the forecast period due to its high protein content and low fat. Jerky is finding popularity among runners and weightlifters during and after exercise as a source of protein. The popularity of protein snacking is increasing among consumers, and this is expected to increase the demand for jerkies during the forecast period. <br />For this year, the growth in the meat snacks market will be 7.34% y-o-y. </p>	1		Market		2021-11-10 03:48:52	2025-08-12 13:39:02	Details Edit Delete
5078	One Chinese city blocks activity related to frozen food imports	An increase in the number of COVID cases reported this month made local authorities in Dalian to halt all imported cold-chain food business activities.	<p>The Chinese city of Dalian decide to suspend all imported cold-chain food business activities due to a spike in COVID19 outbreaks reported this week. There have been three clusters identified at food cold stores, the latest with 163 positive cases. Ma Xiaowei, the head of the NHC who led the working group of the State Council joint anti-epidemic mechanism to Dalian, urged local authorities to contain the epidemic at the shortest time possible and minimize its impact on the society and livelihood of residents.<br />Data showed Dalian shoulders nearly one-third of the storage of cold-chain goods in China. The epidemic in Dalian is likely to impact the circulation of cold-chain food in the domestic market.</p> <p>This is not the first time Dalian reported a cold-chain outbreak. In July last year, the outbreak in Dalian was suspected to have originated in the processing workshop of Kaiyang Seafood Company. In December last year, the first infected people of the epidemic in Dalian Jinpu New Area were handlers of imported cold-chain food, according to the Chinese newspaper Global Times.<br />According to statistics, there is about 600,000 industrial staff related to imported cold chain in Dalian. Due to the large number of people involved in this sector, the risk of the epidemic spreading outside the city limits is high, and the pressure for prevention and control of it is enormous, officials added.<br />During the last 18 months, China often rejected food imports blaming packaging for being contaminated with the novel coronavirus.</p> <p>Photo source: Beef to China</p>	1		Market		2021-11-11 07:45:12	2025-08-12 04:48:23	Details Edit Delete
5080	New RTE products launched in Estonia by HKScan	Rakvere series comprises seven products that are made to duplicate the flavour of homemade meals.	<p>Simple, tasty, familiar and nutritious - those are the attributes presented by HKScan for its new series of ready-to-eat (RTE) products, Rakvere, recently launched in the Estonian market. The range of flavours comprises pork, pig offal and chicken in several versatile recipes. "HKScan´s target is to grow into a versatile food company and we love offering different tastes and products to our consumers food moments, in a wide selection. Environmentally friendly, 100% recyclable material packaging contains a meal that can be heated in just 3 minutes to one, in the preparation of which only 100% Estonian meat has been used," announced the company in a press release.<br />Rakvere targets a public that wants to save the time spent in the kitchen but also to enjoy the flavour of a homemade meal. "For an office lunch break or a warm dinner, everyone will find a suitable meal that tastes like made at home. Or even better! The selection includes decent stomachs’ filling dishes, leaner chicken dishes for figure lovers and also lactose-free dishes," said HKScan.</p>	1		Market		2021-11-12 04:42:10	2025-08-12 11:37:14	Details Edit Delete
5083	EU-Brazil "poultry war" to be discussed at WTO	The dispute is regarding access to salted chicken meat and turkey meat with pepper in the EU market.	<p>Brazil looks to find a way to solve the dispute with the EU over poultry products such as salted chicken meat and turkey meat with pepper. Both products are banned in the EU market and Brazil hopes to settle this dispute at the World Trade Organization (WTO). Brazil's Foreign Ministry said it hopes the talks will lead to a friendly resolution to what it called "discriminatory sanitary controls for the detection of salmonella" that create "unjustified barriers" to international trade, informs Reuters. Brazil claims the application by the EU of salmonella food safety criteria on poultry meat violates the rules of the WTO's Agreement on Sanitary and Phytosanitary Measures.<br />"Brazil considers that there is no technical or scientific evidence to justify the application, by the European Union, of stricter microbiological criteria for the detection of salmonella in salted chicken meat and turkey with pepper, in comparison to fresh poultry meat," said the document sent to WTO.</p>	1		Market		2021-11-15 10:08:43	2025-08-12 14:10:06	Details Edit Delete
5093	Meat consumption drops in the Netherlands	The total consumption of meat and meat products per capita in the Netherlands for 2020 was 75.9 kg (based on carcass weight), a decrease of 1.9 kg compared to 2019.	<p>In 2020, Dutch consumers have reduced their meat consumption by 1.9 kilos, a drop considered to be the largest seen in 15 years. Per capita consumption in the Netherlands was 75.9 kilograms, according to data released by Wageningen University. The decrease was primarily observed in the three main meat categories: poultry meat (0.8kg), pork (0.5kg) and beef (0.4kg). The 2020 figures show a decline in meat consumption for the first time since 2010-2016. The decrease of almost 2kg in one year is nearly as high as the decrease between 2010 and 2016.<br />Restrictions imposed in the Netherlands during the first pandemic waves have accelerated this downward trend, although meat consumption at home has increased. In 2020, supermarkets and butchers sold 24.6 million kilos more meat than in 2019. This increase can mainly be attributed to the sales of meat (over 23.3 million kilos) and less to that of cold cuts (almost 1.3 million kilos). This increase does not compensate for the decline in meat consumption in 2020, mentions the report.</p>	1		Market		2021-11-18 05:49:08	2025-08-12 11:46:01	Details Edit Delete
5095	Rapid price changes observed in the Chinese pork market	Pig prices are going up fast, a signal that oversupply in the domestic market may be over soon.	<p>Pig prices in the Chinese market have advanced by more than 50% between October 7th and the first week of November. That may trigger another pork imports frenzy, according to a recent commentary from Jim Long, President and CEO of Genesus Inc. "No one pays more than they have to. On October 7th packers paid 11.54 RMB ($1.80) per kilo because they could and producers sold for that. Now in a month, the price for a market hog has increased by $100 per head. We believe we have seen a real indication of fewer hogs coming to market due to disease (ASF, PRRS, PED) and the liquidation of the national herd due to huge financial losses from hogs selling for $150-200 per head below the cost of production," he said.<br />At the beginning of November, pig prices in China have jumped by 5.5 RMB ($0.86)/kg compared with the previous month. China is expected to increase pork imports for the last two months of 2021, as the demand is growing due to preparations for the Chinese New Year holiday. "We expect China’s increasing hog price will lead to more pork imports. This will support hog prices in North America and Europe in the future. The key will be which slaughter plants are approved for China imports. Many in Europe and Canada delisted. In the USA almost none delisted," observed Mr. Long.<br />Meantime, pig farms in China are looking for piglets and feeder pugs to restock their inventory. That caused a jump of 150% in prices for 15-kilo pigs, from $40 a few months ago to almost $100. "US pork sales to China in the last two weeks are over 21,000 tonnes. We understand it takes about two months from sale to get pork delivered. The 21,000 tonnes are stronger than the last few months. Pork sales are an indicator of the buyer's thoughts on China's pork supply two months from now. We believe China pork buyers are seeing the big pork supply decrease is here. USDA projected in August a 14% decrease in China pork production in 2022. We believe it will be at least 20%," adder Jim Long.</p>	1		Market		2021-11-19 07:06:54	2025-08-12 01:37:55	Details Edit Delete
5096	Animal protein production to curb growth in 2022	Higher input costs for animal protein supply chains will be top-of-mind change drivers, accompanied by ongoing change, driven by the transition to more sustainable animal protein, biosecurity challenges and Covid-19, says Rabobank.	<p>The global animal protein market is expected to see similar levels of uncertainty in 2022, according to an outlook from Rabobank. Although markets are expected to settle somewhat in 2022, many drivers of recent change will remain. Among these, higher input costs for animal protein supply chains, including animal feed, labor, energy and freight, will be top-of-mind change drivers. These will be accompanied by ongoing change, driven by the transition to more sustainable animal protein, biosecurity challenges and Covid-19.<br />The overall trend for 2022 is for continued but slowing production growth, driven by pork, poultry and aquaculture. Beef and wild catch are both expected to contract slightly. The ongoing recovery of China’s pig herd will be the largest single driver of growth in global markets in 2022, analysts said. Against this backdrop, animal protein prices should remain firm in 2022 (with some exceptions), supported by ongoing supply constraints and general strength in demand. “We expect leaders of progressive animal protein companies to focus on the opportunities created by the ongoing market disruptions, rather than only seeing the multiple changes as business risks,” says Justin Sherrard, Global Strategist – Animal Protein. <br />According to the report, domestic pork consumption in Europe needs to rise to balance markets. At the same time, poultry should improve on opening of all channels, despite higher costs. Also, SE Asian poultry sector is expected to see growth in production after two years of challenging Covid-19 impacts. Pork will also recover from impacts of ASF and Covid-19, but more slowly. Meantime, in China, pork production recovery is expected to continue, but the path is uncertain while consumption is soft and prices remain low. Beef demand will stay firm, while poultry is pressured by pork recovery.<br />In North American markets, the ongoing strength of demand will support production and prices. Production constraints could yet spoil what is shaping up as a positive year. Brazil will continue its ascension as one of the top meat exporters, although demand is rising in the domestic market as well, while in Australia, beef and sheepmeat supply is set to slowly improve. Ongoing demand for New Zealand exports, and tight supply, are positive for returns, says the report.</p>	1		Market		2021-11-19 09:35:11	2025-08-12 11:06:32	Details Edit Delete
5103	CP Foods launches plant-based product to Hong Kong and Singapore		<p>Charoen Pokphand Foods PCL. (CP Foods) launched “MEAT ZERO”, Thailand’s bestselling plant-based brand, in Singapore and Hong Kong. This is the first time it is officially available in international markets.</p> <p>CP Foods’ CEO Prasit Boondoungprasert says the company sees opportunity in meatless meals, with the number of vegans, vegetarians and flexitarians altogether constituting about 29% of the global population. Meanwhile, Vegans and flexitarians are accounted for around 40% of Hong Kong's population. However, while there are already meatless options in the market, most of them are pricey and lack variety.</p> <p>The brand aims to become no.1 plant-based brand in Asia within 3 years. CP Foods also plans to export plant-based products to North America, Europe and other markets later on. "MEAT ZERO’s affordable price point will make this lifestyle more accessible to those who are looking to adopt a sustainable diet. The incredible taste will also convert skeptics," says Mr Prasit.</p> <p>It took more than three years to produce the plant-based meat products and 2,000 experiments helmed by hundreds of researchers and teams from CP Foods Food Research and Development Centre. MEAT ZERO partnered with Fuji Oil from Japan, a world-class plant-based products company, as well as experts from the US and Taiwan to develop PLANT-TEC innovation.</p> <p>The innovation makes the nutritious brand is as tasty as real meat and consumers are barely able to tell if they are eating plants or real meats, and it contains health nutrition from high fiber plant-based protein, which is good for intestine and bowel, and low cholesterol. <br />The brand enjoys success at its home country. Over 4 million packs were sold in Thailand since launched in May this year. It also won BEST PLANT-BASED BRANDING from Root The Future Plant-Based Food Awards 2021.</p> <p>In Singapore, CP Foods’ MEAT ZERO is available at Cold Storage, NTUC FairPrice, FairPrice Online, RedMart, Amazon, Caltex, SPC and Sinopac Petrol Kiosks. In Hong Kong, it is available at WELLCOME Stores, AEON Stores (Hong Kong), YATA Department Store, ABOUTHAI Stores, FRESH Stores, PANDAMART, and HKTVMALL now.</p> <p>“CP Foods will pursue the path to become a full-fledged food tech company that responds to the food needs of all consumer groups,” added Mr. Prasit.</p>	1		Market		2021-11-23 09:04:54	2025-08-12 15:40:19	Details Edit Delete
5104	Meat prices are spiking in the US market	Beef is 20% higher than November last year, the highest jump seen in decades.	<p>"Meatflation" is a phenomenon that many US consumers may not have witnessed in the last 30 years but is clearly reshaping the market. Animal protein prices have jumped rapidly in the last 12 months and consumption is expected to drop, at least for the following months. "All meat prices are up, but beef prices are up disproportionately higher than the rest of the protein prices," Arun Sundaram, an analyst at Wall Street research firm CFRA, told CNBC.<br />The price of beef and veal increased 20.1% between October 2020 and October 2021, recent data from the Bureau of Labor Statistics shows. Also, pork prices are up 14%, while chicken meat is 8.8% higher than last year. A similar trend is seen in fresh fish and seafood (+11%) and eggs (+11.6%).<br />Many of the factors that led to beef’s dramatic price increase can be traced back to 2020 when Covid shut down production plants and hobbled the nation’s meat production capabilities. The slowdown left farmers with nowhere to send their beef, which resulted in them having to cull cattle and other livestock. That, coupled with uncertainty about the future, caused farmers to scale back their production at the time.<br />At the same time, the current administration blames the four major conglomerates that control 82% of the nation’s beef production — compared to 25% in 1977 — saying that the lack of competition has resulted in not only sky-high prices but also record profits for them.<br />"These record profits and dividend payments come at a time when consumers are paying more to put food on the table, workers are risking their health and safety to keep America fed, and farmers and ranchers are also facing unprecedented droughts, wildfires and other extreme weather events that put their herds and farms at risk," a recent White House brief says.<br />Since early 2020, before the COVID-19 pandemic, beef, pork and chicken prices are up roughly 26%, 19% and 15%, respectively, according to EconoFact magazine. However, many producers are facing increased costs with labor, grain, transportation, warehousing, packaging and ingredients. "It might be easier for me to tell you what component hasn't seen inflation this past year," said Donnie King, Tyson Foods CEO.</p>	1		Market		2021-11-23 11:40:13	2025-08-12 11:59:41	Details Edit Delete
5108	Huge drop in Aussie live goat exports	During the last 6 years, live goat exports have declined by more than 90%.	<p>In 2015, Australia exported 88,000 live goats to several markets, mainly in SE Asia. Nevertheless, since then a rapid decline was observed, mainly driven by waning <br />demand from Australia’s largest live goat market, Malaysia. Historically, Malaysia has always been the largest export market for Australian live goats, typically taking between <br />85–90% of total exports up until 2016. However, from 2017, this figure has been in decline, and in 2020 Malaysia accounted for 41% of live goat exports. 2017 marked the beginning of a period of significant growth for Australian domestic goat prices, which have been historically high since July 2017, making live goats far less competitive in Malaysia compared with imported sheep and local product, reports Meat and Livestock Australia (MLA).<br />"Australia’s high goat prices and tight supplies have led Malaysian importers to seek alternative, more affordable sources of live goat and other substitute products for goatmeat. <br />Australian live sheep prices are more affordable and available than goat. Furthermore, sheepmeat can be used interchangeably with goatmeat in many Malaysian dishes, although consumers prefer goatmeat as it is perceived to be leaner than sheepmeat. Live export of goats from Australia is exclusively by air freight. The disruptions to air travel/freight in early 2020 as a result of the COVID-19 outbreak have affected exports, as well as the ongoing lack of supply and resultant increased prices of Australian goats," says the report.<br />Last year, China emerged as the main market for Aussie live goat exports, taking almost 3,800 head, representing 45% of total Australian exports. Goatmeat is considered nutritious and immunity-boosting by Chinese consumers. The COVID-19 pandemic saw more consumers cooking at home and an increase in demand among affluent consumers for premium and nutritious proteins – including goatmeat.</p>	1		Market		2021-11-25 09:52:39	2025-08-12 10:04:28	Details Edit Delete
5109	NZ grass-fed beef sales rocket in Beijing	A recent co-branded marketing campaign using the Taste Pure Nature brand lifted the sales of ANZCO Foods New Zealand grass-fed beef by threefold across Beijing.	<p>New Zealand grass-fed beef is enjoying a perfect season in Beijing due to a partnership between Beef + Lamb New Zealand (B+LNZ) and ANZCO Foods. The campaign was executed through ANZCO’s in-market partner Beijing Zhouchen across 24 7Fresh supermarkets in Beijing. Michael Wan, B+LNZ’s Global Manager – New Zealand Red Meat Story, says this campaign reinforces the industry's strategic approach with Taste Pure Nature in China, by targeting marketing investment and activity toward Conscious Foodie consumers near retail locations that sell New Zealand grass-fed beef and lamb.</p> <p>Using a range of multimedia advertising, including indoor and outdoor displays, in-store tastings, social media and influencers, as well as other digital advertising, the campaign targeted consumers within a three-kilometer radius of retail stores selling ANZCO’s chilled beef range.<br />“By working together and combining resources, our focus on reaching the right consumer, building awareness and interest and driving trial and purchase either in store or online has worked well,” says Wan.</p> <p>Rick Walker, ANZCO Food’s General Manager Sales and Marketing says that working with the Taste Pure Nature brand is part of ANZCO Foods’ long term strategy in China, which has become a major market for premium chilled beef over recent years with the potential for future growth in both volume and value.<br />“Taste Pure Nature is an extremely valuable part of our marketing strategy in China. It allows us to communicate to a wider range of potential consumers about the great story New Zealand has to tell around our farming practices and the safety and sustainability of the food we produce. That allows our team to then promote the ANZCO Foods-Beijing Zhouchen co-brand with greater focus and clarity, which is already delivering real benefits that are far exceeding our expectations.’’</p> <p>As well as seeing a large lift in in-store sales, the Taste Pure Nature Chinese social media site WeChat grew its followers by 275% and the WeChat campaign had more than two million impressions. ANZCO Foods is already planning a similar promotion in the first half of 2022. Walker says, “Our collaboration with B+LNZ is a long-term commitment. The real benefits of the Taste Pure Nature brand will take time to truly deliver value to New Zealand farmers and the wider industry, but we have no doubt that it will, and ANZCO Foods sees this as an investment in our future in China.”</p>	1		Market		2021-11-25 09:06:15	2025-08-11 06:59:48	Details Edit Delete
5111	Pork shortage foreseen in the Thai market	ASF outbreak in the country may have reduced the sow numbers by 50%, expert warns.	<p>Thailand is facing a similar scenario seen in Vietnam for the past couple of years. Since May, the county is facing multiple African swine fever (ASF) outbreaks on commercial farms and a massive liquidation is underway. "The price of live pigs at the farm gate in Thailand has reached USD 2.5/kg, up from USD 1.8/kg two months ago. This is signaling that a shortage of pork is looming in months to come. The main reason for the price hike is a mass culling of sows and commercial pigs to prevent the spread of African Swine Fever (ASF). We earlier estimated that 30% of the sows were destroyed or shipped out to neighboring countries, especially Myanmar. But today, the loss of sows could fetch up to 50% or over," believes Paul Anderson, General Manager South East Asia - International Sales Manager, Genesus Inc.<br />Nevertheless, it will take months for restocking farms as the herd is declining and imports are the only solution for the Thai pig industry. "Healthy gilts in Thailand are hard to find because most of the breeders are also affected, importing will be the solution. Even when the gilts are available, it is very difficult to get a permit to move the gilts to the farms. The movement of pigs is being tightly controlled to avoid the spread of the disease.</p> <p>The situation in Thailand now is similar to what happened in Vietnam a year ago. Impacts of ASF in Vietnam last year caused a shortage of gilts and pig price hike in the country. Vietnam alleviated this problem by allowing imports of gilts and commercial pigs from Thailand. This is a solution Thailand cannot afford to do. That is why the effect from ASF in Thailand will be much more severe than what Vietnam was facing earlier," added Mr. Anderson.<br />In his opinion, will take at least a couple of years before the offspring of the young gilt herds reach market weight, until then a shortage of pigs and pork will be inevitable in the country.</p>	1		Market		2021-11-26 08:52:16	2025-08-12 08:52:56	Details Edit Delete
5112	Grass fed beef market to grow by $6.3 BN over the next decade	The global grass fed beef market is poised to top $11.6 Bn in 2021, according to a study made by $11.6. Future Market Insights (FMI).	<p>This year the global grass fed beef market will top $11.6 billion, according to the latest study released by Future Market Insights (FMI) but there are going to be at least 10 years of accelerated growth. The market is expected to reach $ 17.9 billion, growing at a CAGR of 4.4% during the forecast period from 2021 to 2031. Over the last few years, barbequing meat has emerged as a popular trend worldwide, especially across western countries. According to the Quick-Service and Fast Casual Restaurant (QSR) magazine, nearly 95% of the population in the US enjoy barbequed (BBQ) dishes such as steak, ribs, and others.</p> <p>Beef being the most preferred meat for BBQ owing to its meaty flavor, sales of grass fed beef are anticipated to rise at 3.7% CAGR in terms of volume through 2031.<br />With rising inclination towards the consumption of high quality food products, consumers are increasingly opting for products with quality assurance certifications and labeling. As grass fed beef is healthier and more nutritious than conventional beef products and is considered a rich source of vitamin B6 & B3, selenium, carnosine & creatine, and zinc, it is gaining immense popularity among meat lovers.</p> <p>As per FMI, the foodservice sector is projected to emerge as the most lucrative end-use segment in the global market. Increasing demand for sauces, glaze, marinades, baked products, and others made using premium quality meat across hotels and restaurants is driving the segment growth. <br />"Key players are emphasizing on obtaining food quality certificates such as Kosher, Halal, and Beef Quality Assurance (BQA) to capitalize on the rising demand for premium quality food products. This is expected to bode well for the market growth," says the FMI analyst. Growing consumption of ready-to-eat meals and rising demand for convenient packaged food products is expected to push the sales of processed grass fed beef. Also, increasing demand for frozen meat for exporting beef products overseas, owing to its ability to stay fresh during transportation is spurring the sales across the frozen meat format segment.<br />Top players in the global market such as JBS Foods, Tyson Foods, Australian Agricultural Company Limited, Hormel Foods Corporation, Cargill and Conagra Brands are projected to account for nearly 30% to 50% of global revenue share through 2031. <br />Sales in North America are expected to rise at a CAGR of 3.3% through 2031, owing to the rising trend of consuming BBQ meat in the US. Favored by the surging demand for premium quality meat in the UK and Germany, the market in Europe is anticipated to grow at a CAGR of 3.8% over the assessment period. New Zealand, being one of the leading producers and exporters of grass fed beef in the world, is forecast to account for a significant revenue share in the Oceania market. <br />On the basis of the format, frozen grass fed beef is projected to emerge as a dominant segment during the forecast period. In terms of form, processed meat is estimated to outpace raw meat, owing to rising demand for meat from specific parts such as chop meat, loin meat, and others, according to the study.</p>	1		Market		2021-11-26 09:47:27	2025-08-12 02:49:23	Details Edit Delete
5113	Organic poultry market poised for growth	Currently, 50% market share is owned by organic eggs but meat products will be the fastest-growing segment for the next 5 to 10 years.	<p>According to The Business Research Company’s research report on the organic poultry market, in the segmentation by product type into eggs and meat, the eggs market was the largest segment of the organic poultry market, accounting for $6,877.6 million or 54.8% of the total in 2020. Organic eggs come from chickens that live in cage-free environments and have access to the outdoors, even if their outdoor area is just a small pen or enclosed yard area. Organic eggs have higher levels of omega-3 fatty acids than non-organic eggs. These fats are known to prevent chronic disease and reduce inflammation while assisting in brain function and growth. Omega-3s also play an important role in heart health and help to lower cholesterol.</p> <p>Going forward, the meat products segment is expected to be the fastest-growing segment in the organic poultry market, at a CAGR of 9.1%. The global organic poultry market is expected to grow from $7.26 billion in 2020 to $7.67 billion in 2021 at a compound annual growth rate (CAGR) of 5.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $10.35 billion in 2025 at a CAGR of 8%.<br />Western Europe was the largest region in the global organic poultry market, accounting for 44.5% of the total in 2020. It was followed by North America, Asia Pacific and then the other regions. Going forward, the fastest-growing regions in the organic poultry market will be South America and the Middle East, where growth will be at CAGRs of 11.95% and 11.91% respectively. These will be followed by Africa and Asia-Pacific, where the markets are expected to grow at CAGRs of 10.85% and 10.15% respectively.<br />Globally, the demand for organic poultry products is increasing at a significant rate and consumers pay a premium price for such eggs and meat. The sale of organic chicken worldwide is likely to exceed $7,500 million by the end of 2028 with increasing demand from emerging countries.</p>	1		Market		2021-11-26 09:59:20	2025-08-12 13:58:08	Details Edit Delete
5119	Vietnam lowers tariff on US pork imports	The measure will be implemented on July 1, 2022.	<p>Vietnam announced it will lower its Most Favored Nation (MFN) tariff on imported frozen pork to 10% from 15%. The reduction is expected to be implemented on July 1, 2022. "Vietnam consumes a lot of pork, but it has been dealing with African swine fever. That has decimated its domestic pork production and increased its reliance on imported pork. The tariff cut will let us send more product to Vietnam to fill its need,” said Jen Sorenson, President of the National Pork Producers Council.</p> <p>While the rate reduction will help, because the United States does not have a free trade agreement with Vietnam, the US pork industry remains at a competitive disadvantage to pork-supplying countries that do, including the European Union, Russia and countries in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. CPTPP countries, for example, have a duty of only 7.5% on frozen pork exports going to Vietnam.</p> <p>Because of Vietnam’s high tariff on and non-tariff barriers to US pork and the lack of a free trade agreement or preferential trade deal between the United States and Vietnam, the U.S. pork industry shipped only about 25,000 tonnes of pork worth $54 million to Vietnam in 2020. For comparison, although Vietnam consumes more pork than Mexico – the U.S. pork industry’s No. 2 export market by volume and a member of the U.S.-Mexico-Canada Agreement – the United States exported more than 735,000 tonnes valued at $1.2 billion to Mexico last year. NPPC has been urging the administration, which helped facilitate Vietnam’s tariff reduction, to join the 11-nation CPTPP. The United States was part of that trade pact’s predecessor, the Trans-Pacific Partnership, which NPPC strongly supported, but the Trump administration withdrew from the deal before it was finalized.</p>	1		Market		2021-12-02 09:53:49	2025-08-12 08:18:28	Details Edit Delete
5124	EU sheepmeat is ready to enter the US market	A ban placed in the early '90s has been removed and shipments are expected to start in the following months.	<p>US authorities decided to scrap a ban placed more than 25 years ago on EU sheepmeat. Some of the main producers in the EU are already considering launching promotional campaigns in the American market to encourage sheepmeat consumption among US consumers. Bord Bia says it will begin to promote Irish lamb and other sheepmeat in the US “in coming months” as a premium product there.<br />“Through engaging with key importers and customers over the coming months we will pave the way for the launch of lamb in the US. This is vital at a time when diversification into international markets has never been more important to optimise the value returned to Irish producers,” said Henry Horkan, Bord Bia’s manager in the US, quoted by the IrishTime newspaper. Irish officials from the Department of Agriculture and Bord Bia will lead a trade mission to the US in the spring, which will include meetings with US lamb importers.<br />The US market for lamb and mutton imports is €886 million, according to Bord Bia. New Zealand supplies more than three-quarters of this, with Australia accounting for the rest up to 99%. The market for imports is said to be growing at about 3% annually. <br />Data released by USDA in the last couple of years show Americans consume small amounts of lamb compared to other meats. A study showed that in 2017 the average American consumed 48.8kg of chicken annually, 25.8kg of beef, 23.6kg of pork, but only 0.4kg of lamb.</p>	1		Market		2021-12-06 05:25:25	2025-08-11 16:43:07	Details Edit Delete
5135	Russia prepares duty-free quota for Brazilian red meat		<p><br />200,000 tonnes of beef and 100,000 tonnes of pork may enter the country without taxes.</p> <p>Russia is ready to reconsider its policy on Brazilian meat imports. Currently, 9 pork producers and 3 beef processing plants are allowed to enter the Russian market, with a 15% tariff applied for volumes up to 530,000 tonnes of red meat. However, after a meeting between Brazilian Agriculture minister Tereza Cristina and Sergey Dankvert, the head of Rosselkhoznadzor, the Russian veterinary watchdog, an inspection visit to Brazil in the 1st quarter of 2022, aimed at qualifying new Brazilian meatpacking plants for exports was planned.<br />For four years now, Brazil has lost a large share of the Russian market due to scandals involving the quality of the meat exported. Now it may return in this market if talks establishing a duty-free quota for Brazilian meat is to become reality. Sources from both sides are talking about 200,000 tonnes of beef and 100,000 tonnes of pork that are about to enter next year the Russian market if a free trade agreement is about to be signed.<br />Before 2018, 43% of the Brazilian pig meat exports were shipped to Russia. Increased imports of pork may also help Kremlin to keep inflation under control. Currently, China is the main destination for Brazilian pork, with 481,900 tonnes shipped there between January and October.</p>	1		Market		2021-12-10 06:14:54	2025-08-12 03:47:09	Details Edit Delete
5136	Poultry prices are rising in Mexico	Turkey meat consumption is expected to drop this Christmas due to an increase of 21% on imported meat.	<p>Mexicans are expected to reduce their turkey meat consumption for Christmas as poultry prices are on the rise, with 20,8% added for turkey imports and 25% for chicken meat. Data offered by the Mexican Council of Meat (Comecarne) reveals that the increase in freight prices, grains for animal feed caused a rise in meat prices. According to Ernesto Hermosillo Seyffert, president of Comecarne, these market conditions are expected to remain present for at least 6 months from now and consumption will certainly drop.<br />Last year, meat consumption in Mexico dropped 0.1%, with a 0.1% drop in beef, -2.6% in pork and -2.1% in cold cuts. On the other hand, chicken meat recorded a high of 1.6%.<br />In Mexico, December is usually one of the months that brings an increased demand for turkey meat, about 27% up from the average volume consumed monthly.<br />In 2021, the average price per kilo of imported turkey increased by 20.8%, from 40.95 pesos ($1.95) to 49.97 pesos ($2.38) per kilo, with the largest increases in Chilean turkey rising by 53.5%, already which on average was imported in 2020 at 51.17 pesos ($2.43) per kilo and in 2021 it rose to 78.53 pesos ($3.74) per kilo.</p>	1		Market		2021-12-10 06:56:08	2025-08-11 15:35:43	Details Edit Delete
5140	QMS keeps an eye on changing pork market conditions	China is one of the main factors that worries analysts, with implications for the whole red meat industry.	<p>According to the latest market commentary from Quality Meat Scotland (QMS), in addition to Brexit, there have been other topics dominating the discussion about international trade in red meat in 2021. One is the ongoing impact of the changing pork market conditions in China.<br />Senior Economics Analyst, Iain Macdonald, says that China’s pork market has been through a highly volatile period since the major African Swine Fever (ASF) epidemic of 2018/19.<br />“According to the USDA, production fell from an average of 54m tonnes in 2016-18 to 43m tonnes in 2019 and 35m tonnes in 2020. To help ease the supply shortage, China’s pork imports surged from a 2016-18 average of 1.66m tonnes to 2.45m tonnes in 2019 and 5.28m tonnes in 2020.mWith this surge unable to fill the gap in overall protein demand in China, imports of beef, lamb and chicken also soared. For example, USDA figures point to a doubling of China’s beef imports between 2018 and 2020, reaching 2.78m tonnes.”</p> <p>The severe shortage of supply caused market prices to surge in 2019 and remained elevated until early 2021. “Wholesale pork climbed from around 18 yuan/kg (£2.10/kg) in March 2019 to a peak of 52 yuan/kg (£6.10/kg) in November 2019, before fluctuating at 40-50 yuan/kg until early 2021. Prices on wholesale markets for beef, sheepmeat and chicken also increased significantly,” said Mr Macdonald.<br />These impacts were felt outside China, driving up livestock prices in the global market. This included the UK, where China went from accounting for around 20-25% of UK pork exports to over half in Q1 2021.<br />“However, between spring and autumn 2021, Chinese pork market conditions completely changed. By late August, wholesale pork prices had fallen below pre-ASF levels, and after China’s holiday period in October, they slipped below 18 yuan/kg, down over 60% from January,” explained Mr Macdonald.<br />This reflected a quick rebound in local production, which had been incentivised by large profit margins in 2019 and 2020. However, as local production increased through the spring and summer, farmgate prices fell well below production costs, encouraging herd liquidation. <br />This liquidation then sped up the production rebound, placing further downwards pressure on the market. Chinese trade data showed a sharp reduction in imports in the summer, highlighting an adequately supplied market and contributing to reduced prices across the world. <br />“Things quickly changed again in October. Wholesale pork prices jumped 35% in just five weeks and they closed November around 18% above the 2016-18 average, at 24.5 yuan/kg (£2.90/kg). It is likely that the market quickly became under-supplied as a result of local production rebalancing lower after the liquidation cycle plus the reduction in imports.</p> <p>“One interesting feature of pork market volatility is that while beef and lamb wholesale prices were pulled higher by the protein shortages of 2019 and 2020, they did not readjust significantly lower again in 2021 in line with pork,” said Mr Macdonald.</p> <p>Sheepmeat wholesale prices showed a modest dip between spring and summer but held well above pre-ASF levels, while beef prices appeared to be immune to the change in pork market conditions. In late November, beef and lamb traded at attractive levels for exporters on the Chinese wholesale market, equivalent to £9.10/kg and £8.30/kg respectively; both around 2% higher than last year.</p> <p>“It seems likely that reduced pork availability in 2019-20 led Chinese consumers to try alternative proteins more often, giving some degree of permanence to the lift in demand for beef and sheepmeat, while pork demand may not have fully recovered. Indeed, the USDA projects that pork consumption will remain 10% below 2016-18 levels this year and by 13% in 2022,” explained Macdonald.<br />Currently, the USDA is forecasting beef import growth of 8% both this year and next, while pork imports are projected to fall 15% this year before partially recovering in 2022, up 6%. FAO/OECD forecasts point to sheepmeat consumption growth of 1% in 2021 and 2022, with imports 40% above their 2016-18 average.</p> <p>Therefore, China will continue to offer a significant opportunity to its overseas suppliers of beef and sheepmeat in 2022. Meanwhile, although below their peak, China’s pork import requirements are expected to remain elevated at nearly three times their 2016-18 average. <br />“The volatility in the Chinese market in recent years demonstrates how quickly global markets can shift, causing large knock-on effects which are difficult to plan for,” said Mr Macdonald.</p>	1		Market		2021-12-13 10:04:27	2025-08-11 21:54:25	Details Edit Delete
5143	China's meat imports, down 12.6% in November	Pork has the largest share of China's meat imports, although prices in the domestic market are 50% below those reported in January.	<p>China imported almost 350,000 tonnes of pork last month, from a total of 677,000 tonnes of meat and meat products. The volume is 12,6% lower than the one reported in November 2020 and just a little bit higher compared with the previous month (664,000 tonnes), data from the General Administration of Customs show. Pork is still the most required meat in the Chinese market, although prices are down compared with the levels reached at the end of 2020. Since October a slight increase in pork prices was seen but a large liquidation process of the herds is ongoing.<br />Currently, pig meat prices in the wholesale market have reached 23 yuan ($3.61) per kilo, which represents only half of the value reached in January this year. Meat imports have declined abruptly since June and while the cold season may lead to an increase in meat consumption, imports are expected to remain depressed compared with the levels reported for 2019 and 2020, when the giant Asian market was confronted with a huge deficit in animal protein due to the ASF crisis. Shipments in the first 11 months of 2021 were 8.72 million tonnes, down 2.5% from last year, the data showed.</p>	1		Market		2021-12-14 10:39:45	2025-08-10 12:43:39	Details Edit Delete

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