A report by Barclays last year forecast the global alternative meat market, currently valued at US$14 billion (S$18 billion) – or about 1 per cent of the estimated US$1.4 trillion meat industry – could be worth 10 times more at about US$140 billion by 2029. Meat consumption will rise by 1.5kg per capita to an average consumption of 35kg per capita per year in the region, the report said. Per capita meat consumption increased almost six-fold in the four decades following the initiation of market reforms in 1978, alongside massive increases in domestic meat … Per capita consumption this year … In that year, chicken was the most-consumed meat, followed by pork. Singapore and Thailand take smaller volumes of high value products. Data on pork, seafood and beef consumption show that there has been a significant drop in kilogram weight per capita consumption from 2004 to 2013 in Singapore (Agri-Food and Veterinary Authority of Singapore, 2013). Source: Euromonitor International A look at per capita meat, fish, and seafood consumption by market highlights just how wide this spectrum is, ranging from 11 kg per capita per year in India to over 144 in Hong Kong. All three countries consumed more than 100 pounds of beef per capita. This was the most-consumed type of … On average, protein intake in the region will rise from 5 grams to 85 grams a day, mainly because of an increase in consumption of dairy products and meat, according to the OECD-FAO Agricultural Outlook 2020-2029, a joint report released in July by the Organisation for Economic Co-operation Development (OECD) and the Food and Agriculture Organisation (FAO) of the United Nations. 1. Some of this variation is due to income differences to be sure (Hong Kong has 23 times th… Daily egg consumption per capita was only 5.27gm in 2000 and 5.15gm in 2005, BBS statistics showed. Among them is Carrie Chan Kai Yi, the co-founder of Avant Meats, Hong Kong’s first lab-grown meat start-up. Meat consumption was calculated using a trade balance approach - total … A study by US-based Polaris Market Research released in November shows that the global plant-based meat market was expected to be worth US$35.4 billion by 2027, after registering a compound annual growth rate of 15.8 per cent between 2020 and 2027. Meat Consumption in Singapore. Chicken and turkey posted the largest gains in per capita loss-adjusted availability over the last five decades. “This is exciting news for all of us, from start-ups to investors. Plant-based meat, which has a longer history, will continue to grow quickly, while cultivated meat has started slowly because it comes from a high price point. We have developed and invested in something that was previously not allowed to be sold. Buy Poultry Meat Consumption Per Capita data for all countries. According to the Food and Agricultural Organisation of the United Nations, per capita poultry meat consumption has increased five-fold since 1960 with demand for both meat and eggs rising rapidly in Asia. Awareness posters like these can be found in many public spaces, most notably the MRT. This is a list of countries by household final consumption expenditure per capita, that is, the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households during one year, divided by the country's average (or mid-year) population for the same year. One positive to a vegetarian diet as presented by organizations like these include the reduction in one’s own ecological footprint. A study conducted by US consulting firm AT Kearney late last year suggests that traditional meat products will become less significant, with a market share as low as 40 per cent, as alternatives – cultured meat and novel vegan meat replacement – grow to make up 60 per cent of the market in 2040. Meat consumption per capita Links between meat consumption and climate change have been widely known for many years Increased meat-eating has … It is identical to conventionally produced meat. Meat utilization is estimated in thousand tons of remains weight (with the exception of poultry communicated as prepared to cook weight) and in kilograms of retail weight per capita. Average meat consumption per capita, measured in kilograms per year versus gross domestic product (GDP) per capita measured in 2011 international-$. The Vegetarian Society of Singapore (VSS) was still a fairly new non-profit organization during the year of 2004. As a global average, per capita meat consumption has increased approximately 20 kilograms since 1961; the average person consumed around 43 kilograms of meat in 2014. This article was first published in South China Morning Post. There are, however, some barriers to the spread of meat substitutes in Asia, such as price and product availability, Euromonitor International said. Cultured meat has evolved in recent years and represents meat that is created through exponential cell growth in bioreactors, from cells extracted from living animals. GENEVA (BLOOMBERG) - The pandemic is poised to usher in the biggest retreat for global meat consumption in decades. But the Covid-19 pandemic has accelerated its growth , and the sector is forecast to expand by 7.9 per cent to US$16.2 billion this year, it added. Agricultural land per 100 people 34 ha Agricultural land per 100 people in agriculture 45 ha Agricultural population density on agricultural land 224 persons/sqkm GDP1 2,640 million US$ GDP annual growth rate (1990-2000) 6.3 % GDP per capita/year1 477 US$ GDP per capita annual growth rate (1990-2000) 3.7 % Agriculture, GDP na million US$ Historically, average poultry meat consumption per capita reached an all time high of 15.2 kg in 2017 and an all time low of 2.90 kg in 1961. The trend will continue to grow in 2021,” said Nick Cooney, managing partner of global alternative protein venture capital fund Lever VC, which has raised US$23 million in capital commitments so far, with substantial support from Asian family offices. 1880, a members-only restaurant in downtown Singapore, became the first eatery in the world to serve Eat Just’s lab-grown meat last week , a development that industry players hope will lead to more jurisdictions allowing the sale of such meat products as early as 2021. Malaysia was Asia’s largest chicken consumer of poultry meat on a per capita basis in 2018, as consumers in that country ate nearly three times as much poultry than those in other Asian nations. Meat alternatives are expected to gain popularity in Asia too. Per capita turkey meat in the United States was estimated at X kg/year, much higher than the global average of X kg/year. Beef had the largest percentage increase—growing by 6 percent—over 2015-17. Avant Meats’ Chan is in discussions with Singapore’s food regulator and hopes to obtain an approval for the sale of the company’s cell-based fish maw, or swim bladder, a high-value seafood ingredient used in traditional Chinese cuisine. If you don’t like our faces, listen to our fortnightly podcast E-Junkies where we lepak one corner with famous people, Your daily good stuff - AsiaOne stories delivered straight to your inbox, AsiaOne Online Pte Ltd. Company Registration No. : 201815023K. –Based on a 2015 population of 52.4 million people, that implies 2015 chicken meat consumption and production of 375,000 tonnes –far less than the 1.5 million tonnes recorded in "official" government statistics. Meat consumption is measured in thousand tonnes of carcass weight (except for poultry expressed as ready to cook weight) and in kilograms of retail weight per capita. But Cooney said it too will grow quickly in the longer term, when prices come down. One solution may be the adoption of a vegetarian diet, or at least a decrease in meat consumption, due to an overall awareness of links between the meat industry and environmental impacts. The supply of red meat, poultry, and fish/shellfish available for Americans to eat after adjusting for losses totaled 144 pounds per person in 2017. The only exception to these statistics is chicken, which has risen from 27kg in 2004 to 32kg in 2013 in. Carcass weight to retail weight conversion factors are: 0.7 for beef and veal, 0.78 for pigmeat, and 0.88 for both sheep meat and poultry meat. 2014 marks its 15th year, and with that, they have been impacting Singaporeans with posters like the one below. In 2020, Argentineans consumed 50 kilos of poultry meat per capita, matching beef consumption for the first time in history. The market for such products in Asia-Pacific was worth US$15.1 billion in 2019, up 3 per cent from the previous year, according to Euromonitor International. The nod for Eat Just’s cell-based chicken bites is significant because cultured meat and meat substitutes are expected to disrupt the multibillion-dollar global meat industry over the coming decades. “The United States is likely to give regulator approval for the sale of cell-based meat in 2021, and one or two other countries in Asia as well,” he said. The trend continued from 2019, when consumption per inhabitant also increased from 46 to 48 kilos. Data on pork, seafood and beef consumption show that there has been a significant drop in kilogram weight per capita consumption from 2004 to 2013 in Singapore (Agri-Food and Veterinary Authority of Singapore, 2013). Exports to other SEA countries are growing, although demand has been volatile. Promotion of a Vegetarian Diet Malaysia and Singapore are key markets for Australia, ranking the 3rd and 4th largest amongst global mutton exports, respectively. This figure more than doubled between 1950 and 1975, reaching 1.5 tons. For example, the annual average per capita consumption of beef in the U.S. is 26.3 kilograms, compared with just 4.1 kilograms in China. The [Eat Just] approval makes everything real,” she said. Eating chicken has not been associated with an increased risk of cancer. High environmental consciousness Corpse weight to retail weight transformation factors is 0.7 for hamburger and veal, 0.78 for pigmeat, and 0.88 for both sheep meat and poultry meat. “With most countries in Southeast Asia expected to see negative GDP growth in 2020 due to Covid-19, purchasing power will worsen, and the impetus and affordability to consume such alternatives will be pushed back further,” the market research firm said in a report released in August. Average per capita consumption in 1950 worldwide was 0.7 ton of oil equivalent. Compar ed with r egional peers, meat consumption per capita in Vietnam was also lower than in China (56.4kg) and on par with that of Thailand. More than US$1.5 billion was raised in this sector in 2020, said Cooney, who also co-founded the Good Food Institute, a major non-profit organisation that tracks the alternative protein industry. Even after accounting for dietary preferences and shifts, there remains substantial room for growth. Singapore - Consumption Revised estimate reveals softer GDP contraction in Q3. World Beef Consumption Per Capita (Ranking of Countries) The world consumed 129.5 billion pounds of beef in 2016. Similarly, chicken and duck consumption has picked up to 17.33gm per day in 2016 compared to 11.22gm in 2010. Kazakhstan eats the … Start-ups and investors in the lab-grown meat segment received a massive boost last month when Singapore approved San Francisco-based Eat Just’s cell-based chicken bites. By promoting a vegetarian diet, there is a direct increase in population knowledge of the positive effects that a vegetarian diet can provide. Josh Tetrick, Eat Just’s chief executive and co-founder, said the company viewed Asia as a major market on account of its eggs and protein consumption. Carcass weight to retail weight conversion factors are: 0.7 for beef and veal, 0.78 for pigmeat, and 0.88 for both sheep meat and poultry meat. The approval for commercial use of cell-based meat will bring about a cleaner, healthier and more sustainable food system in society, Tetrick said. Israel eats the most poultry, at 64.9 kilograms per capita annually. International-$ corrects for price differences across countries. The same areas where most meat is eaten also consume the most fruits and vegetables, over 190 pounds per capita per year. In 2019, the population of Singapore consumed around four kilograms of beef per person. 2. Per Capita Consumption of Poultry and Livestock, 1965 to Estimated 2019, in Pounds Novel vegan meat replacements – such as that made by Impossible Foods and Beyond Meat – are made completely from plant-based inputs and feel more like meat than classic vegan meat replacements. He has been an investor in Beyond Meat, Impossible Foods, Memphis Meats, JUST, Aleph Farms and other leading plant-based and cultivated meat and dairy companies. Nevertheless, total meat consumption increased by a factor 2.2 as a result of population growth, while total milk consumption grew by a factor 5. With a rating of 100/100 for Water Sanitation and Health Impacts, it may be inferred that not only the government, but the citizens of Singapore, have a high awareness of environmental issues and solutions. It added that there would, however, be a large divergence within the region. The average annual growth amounted to 3.00% since 1961. Meat consumption is measured in thousand tonnes of carcass weight (except for poultry expressed as ready to cook weight) and in kilograms of retail weight per capita. Download Sample. Chicken bites made from lab-grown cultured chicken developed by Eat Just. South-East Asia* Meat consumption South-East Asia 43g per capita* United States of America was the leading country in terms of per capita consumption, among the main consumers of turkey meat, followed by Germany (X kg/year), France (X kg/year), Italy (X kg/year) and Brazil (X kg/year). $9.99. This increase in per capita meat trends means total meat production has been growing at … Founded in 2011, Eat Just counts Singapore’s Temasek Holdings and Horizons Ventures, the private investment unit of Li Ka Shing, Hong Kong’s richest man, among its backers. At this rate of increase, average per capita demand will attain 2.26 tons in 2000 or a 50-percent increase over 1975. Per capita consumption of meat in Vietnam in 2015 was 33.2kg, which is considered to be relatively low – just one-third of that in the US (107kg) and half of the amount within the EU (76kg). Uruguay consumed the most beef per capita in the world in 2016 followed by Argentina and Hong Kong. Singapore’s economy contracted less than initially expected in Q3, according to new figures released on 23 November, as the gradual easing of circuit breaker measures during the period bolstered activity. Recent and future changes in per capita requirements. Learn how Asian countries ranked in per capita poultry meat consumption in 2018, according to the Organisation for Economic Co-operation and Development. In 2000, per capita chicken and duck intake was 4.50gm which increased to 6.85gm daily in 2005, the HIES data showed. Contrary to expectation, average meat consumption per capita across all income groups in Nairobi declined by 11%. Singapore ranks number 4 out of 178 countries in Yale University’s Environmental Performance Index. Figures do not include fish or seafood. Published by R. Hirschmann, Jul 14, 2020 In 2019, the Singapore population consumed 34 kilograms of chicken per capita. “More money was invested in alternative protein this year than any of the previous years. Over the last decade, that rising demand for meat had already begun to exert some pressure on global supplies. Chan had expected the first regulatory approvals in 2022. Meat consumption will rise by 1.5kg per capita to an average consumption of 35kg per capita per year in the region, the report said. The only exception to these statistics is chicken, which has risen from 27kg in 2004 to 32kg in 2013 in. The general drop in meat consumption may be to due to the following factors. Published by R. Hirschmann, Jul 14, 2020 in 2019, when consumption per,... Increase, average per capita per year but Cooney said it too will quickly... 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