Basic demand analysis correlates income growth with population increases and provides producers and marketers with a good understanding of the likely consumption pattern going forward. This is particularly true for animal proteins since they are more sensitive to income and to demographics. Youthful populations require higher protein levels as they build out bone and muscle tissues. These fundamentals have been on an upward trajectory since the end of the great recession, and so has protein demand.  Global GDP growth has been averaging around 3 percent per year and demand for the major animal proteins has been growing at around 1 percent per year. However, the story is even better for the major exporters of pork, chicken and beef. Glo...

TAGS – Livestock, China, Europe, North America, South America