March 25, 2025 | 01:44 GMT +7
March 25, 2025 | 01:44 GMT +7
Hotline: 0913.378.918
Pork consumption in Vietnam is forecast to increase by nearly 30% in the next 7 years.
According to the Agency of Foreign Trade (Ministry of Industry and Trade), the latest forecast of the United States Department of Agriculture (USDA), shows that, in the period 2023-2030, pork consumption in Vietnam in 2030 will increase by 28.3% compared to 2023.
Also according to USDA forecasts, global pork consumption is expected to reach 131 million tons in 2030, an increase of 7.2% compared to 2023. Of which, pork consumption in the United States is expected to increase by 11.7%; increase by 5.8% in China; and increase by 4.5% in Russia.
Also by 2030, pork consumption in Latin America is expected to increase by 14.2% compared to 2023, reaching 10.7 million tons. Leading countries in the region such as Brazil, Mexico and Argentina have expected consumption of 3.5 million tons, 3 million tons and 1 million tons respectively in 2030. Compared to 2023, consumption increases by 10.6%, 13.5% and 27.6% respectively.
For Central America and the Caribbean, total pork consumption is estimated to reach 1 million tons in 2030, up 19% from 2023. Meanwhile, USDA expects the European Union's pork consumption to decline by 3.9%, from 18.4 million tons in 2023 to 17.7 million tons in 2030.
USDA forecasts total global meat consumption (beef, pork and chicken) will increase by 9.6% over the next 7 years, from 327 million tons in 2023, increasing to 358.4 million tons by the end of 2030.
Of which, global beef consumption is expected to reach 80.2 million tons in 2030, an increase of 7.3% compared to 2023; global poultry meat consumption is expected to reach 147.5 million tons in 2030, an increase of 13.2% compared to 2023.
Translated by Hoang Duy
(VAN) In the first three months of the year, vegetable export turnover reached only $1.1 billion, down 13.2% compared to the same period last year.
(VAN) The global raw cashew nut production is forecasted to increase this year. Therefore, Vietnamese cashew businesses are advised not to rush into purchasing raw cashew nuts when prices are high.
(VAN) New FAO study notes a nearly 40 percent price surge in 2024 due to supply-side disruptions, primarily from unfavourable weather.
(VAN) Thanks to social media platforms, many farmers are catching up with trends and connecting more directly with consumers, making it easier to sell their products and reducing dependence on middlemen.
(VAN) Fruit and vegetable exports in March reached nearly 421 million USD, up over 34% from last month. However, compared to the same period in 2024, the export value decreased by over 10%.
(VAN) The raw cashew output of Vietnam and Cambodia is forecasted to increase this year, helping Vietnam’s cashew industry reduce its reliance on cashew imports from Africa.
(VAN) The wood and forestry industry focuses on developing sustainable forests using renewable materials, aiming for an export turnover of USD 25 billion.