Meat And Dairy 2020 Market Growth

Meat And Dairy 2020 Market Growth

Our stay in Alaska has made two things absolutely clear to me: The changing climate’s indisputable impact on the environment and the urgent need to deal with our meat addiction.

So where are we on curtailing our dependency?

I’ve posted about meat and dairy alternatives’ exponential growth. But does the data really show that plant-based foods are making significant inroads into our consumption of animal-based ones?

The latest FAO Food Outlook report gives our progress a somewhat mixed review:

  • Between January and June of 2020, meat prices dropped 8.6%.

  • World meat production for all of 2020 is forecast to be 1.7 percent less than that of 2019.The meat trade itself, however, “is likely to measure moderate growth.”

  • Dairy-product prices have dropped almost 9.4% in 2020 and the total dairy trade is expected to decrease. But global milk production is forecast to rise 0.8% by year’s end.

Yes, meat and dairy consumption seems to be slowing down ever so slightly. Can we attribute this to the availability of plant-based alternatives?

Maybe, but the FAO report also points the finger at:

  • animal diseases

  • COVID-19 related market disruptions

  • the lingering effects of droughts.

More on this subject tomorrow.

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