Global Food Projections to 2020:
Emerging Trends and Alternative Futures

Meat Prices, Production and Demand: 1997- 2020
Projections from IFPRI's IMPACT model

Beef

• Between 1997-2020, IFPRI's IMPACT models projects that given current polices, the price of beef will only go down by 4%.
• Demand will rise by 3.5 million metric tons or 11.7% in the developed world and by 24.6 million metric tons or 91.3% in the developing world.
• Developing countries will increase production by 87.1% and developed countries by 13.7%.
• Developed countries will increase net exports by 1.2 million metric tons.
• Total world production will equal 85.4 million metric tons in 2020.

Poultry

• The price of poultry is expected to go down a slight 4%.
• Demand will rise by 9.4 million metric tons or 33.5% in the developed world and 38.2 million metric tons or 131.0% in the developing world by 2020.
• Developing countries will increase production by 122.8% and developed countries by 37.4%.
• Developed countries will increase net exports by 3.2 million metric tons.
• Total world production will equal 105.0 million metric tons in 2020.

Pork

• The price of pork is expected to go down 3%.
• Demand will rise by 3.0 million metric tons or 8.4% in the developed world and by 33.4 million metric tons or 71.6% in the developing world.
• Developing countries will increase production by 68.4% and developed countries by 11.8%.
• Developed countries will increase net exports by 1.4 million metric tons.
• Total world production will equal 119.3 million metric tons in 2020.

Milk

• The price is expected to decrease by 9%.
• Demand will rise by 31.0 million metric tons or 9.7% in the developed world and by 192.0 million metric tons or 84.3% in the developing world.
• Developing countries will increase production by 85.6% and developed countries by 12.9%.
• Developed countries will increase net exports by 33,7 million metric tons.
• Total world production will equal 768.3 million metric tons in 2020.