Projections of Global Meat Production Through 2050



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Projections of Global Meat Production Through 2050 Dr. Thomas E. Elam Center for Global Food Issues President, FarmEcon Summary: Meat production growth is driven by a combination of increases in economic activity that result in increased purchasing power coupled with population growth that increases the number of consumers. Projections of growth in global GDP and population through 2050 strongly suggest that there will be substantial increases in meat production requirements over the next 45 years. The increases are large enough to cause concern over the level of agricultural resources required to produce the projected levels of production. The Population Factor: The U.N. Population Division publishes historical and projected estimates of global population. The latest revision was made in 2004, and contains four levels of projections through 2050. For purposes of this paper the medium projection was used (Table 1). Table 1: U.N. Population Estimates and Projections 1 (000 s) Year Medium High Low Constantfertility 1950 2,519,470 2,519,470 2,519,470 2,519,470 1955 2,757,399 2,757,399 2,757,399 2,757,399 1960 3,023,812 3,023,812 3,023,812 3,023,812 1965 3,337,974 3,337,974 3,337,974 3,337,974 1970 3,696,588 3,696,588 3,696,588 3,696,588 1975 4,073,740 4,073,740 4,073,740 4,073,740 1980 4,442,295 4,442,295 4,442,295 4,442,295 1985 4,843,947 4,843,947 4,843,947 4,843,947 1990 5,279,519 5,279,519 5,279,519 5,279,519 1995 5,692,353 5,692,353 5,692,353 5,692,353 2000 6,085,572 6,085,572 6,085,572 6,085,572 2005 6,464,750 6,464,750 6,464,750 6,464,750 2010 6,842,923 6,903,276 6,781,431 6,881,529 2015 7,219,431 7,382,434 7,054,584 7,337,041 2020 7,577,889 7,873,172 7,280,148 7,819,287 2025 7,905,239 8,336,867 7,471,426 8,321,838 2030 8,199,104 8,784,155 7,618,083 8,855,299 2035 8,463,265 9,237,907 7,712,423 9,439,779 2040 8,701,319 9,709,446 7,753,745 10,092,723 2045 8,907,417 10,184,739 7,741,810 10,827,058 2050 9,075,903 10,646,311 7,679,714 11,657,999 20052050 %Increase 40.4% 64.7% 18.8% 80.3% 1 Source: http://esa.un.org/unpp/p2k0data.asp

The U.N. estimates are on 5 year intervals, but annual numbers were needed for the meat production estimates. To estimate the years not included in the U.N. medium variant dataset a regression equation, using Year as the independent variable, was fitted to all the available data for 19502050. The intervening years were calculated based on the regression. The equation used was: Pop = A +B(Year) +C(Year 2 ) + D(Year 3 ) Using least squares regression the resulting estimate was: Pop = 46,660,628,985 70,374,538(Year) + 35,343.4(Year 2 ) + 5.910(Year 3 ) R 2 =.99994 The Economic Activity Factor: The global level of economic activity is a major factor in the growth of meat production. The best available measure of overall economic activity is Gross Domestic Product, corrected for inflation. The World Bank database, WDI Online 2, contains estimates of global GDP in constant 2000 U.S. dollars. These estimates for 1965 through 2005, projected through 2050, were used as the independent variable to project per capita meat production through 2050. The total GDP numbers from the World Bank were divided by the U.N. population estimates to yield per capita GDP. Table 2: GDP, Population and GDP, Selected Years, 19652050 Population and GDP in 000 s, 20062050 Projected Year GDP $2000 Population GDP $2000 1965 $2,825 3,337,974 $9,429,556 1970 $3,299 3,696,588 $12,194,430 1975 $3,581 4,073,740 $14,587,570 1980 $3,966 4,442,295 $17,616,910 1985 $4,136 4,843,947 $20,032,840 1990 $4,535 5,279,519 $23,944,060 1995 $4,727 5,692,353 $26,910,310 2000 $5,217 6,085,572 $31,745,760 2005 $5,654 6,464,750 $36,554,731 2010 $6,103 6,842,923 $41,765,656 2015 $6,588 7,219,431 $47,562,691 2020 $7,111 7,577,889 $53,888,672 2025 $7,676 7,905,239 $60,680,624 2030 $8,286 8,199,104 $67,934,006 2035 $8,943 8,463,265 $75,691,056 2040 $9,654 8,701,319 $83,999,657 2045 $10,420 8,907,417 $92,817,529 2050 $11,248 9,075,903 $102,083,102 2 http://publications.worldbank.org/wdi/

To project GDP from 2005 to 2050 the available data for 1965 through 2005 were regressed on Year. The equation was estimated in logarithms, and regression gives average annual growth rate of GDP. The regression result was: GDP = 2995.3*e 0.0154 R 2 = 0.98 The exponent of 0.0154 is the estimate of the average annual growth rate of 1.54% per year. This growth rate was applied to the current level of per capita GDP to estimate 20062050 per capita GDP. The resulting 20062050 per capita GDP projections were multiplied by the U.N. population numbers to yield the total 20062050 GDP estimates in the last column of Table 2. Projected Meat Production: Global meat production data for 19652005 were obtained from the U.N. Food and Agricultural Organization FAOSTAT livestock database 3. The numbers represent total meat produced from all significant farmed species for all U.N. member nations. The total production numbers were divided by the U.N. population estimates to obtain per capita production. To project per capita meat production the following model was used: Meat Production = A + B( GDP) Both variables were converted to logarithms before the regression was run. The resulting estimated equation for 19652005 was: R 2 = 0.976 Meat Production = 2.842 + 0.758313( GDP) By estimating the regression using logs of the data the B coefficient can be interpreted as the % change in per capita meat production for a 1% change in per capita GDP. The equation implies that on a global basis a 1% increase in per capita GDP is associated with a 0.76% increase in per capita meat production. This coefficient, being a global average, and is likely different for different regions. In particular, the responsiveness of production to GDP is likely higher in lower income countries than is the case in high income countries. The equation above was used to project per capita meat production from 2006 through 2050. The per capita numbers were multiplied by the U.N. population projections to obtain total meat production. All numbers were then converted back from logarithms for purposes of Table 3. 3 http://faostat.fao.org/faostat/form?collection=production.livestock.primary&domain=production&servlet =1&hasbulk=0&version=ext&language=EN

The 135.5% increase in total meat production is driven by both population growth and increases in GDP. While both population and GDP are important, the near doubling of per capita GDP is a more important factor than the 40.4% increase in population. Table 3: and Total Meat Production 20062050 Projected Year GDP $2000 Population GDP $2000 Total Meat, 000 Tons Meat, kg 1965 $2,825 3,337,974 $9,429,556 84,437 25.3 1970 $3,299 3,696,588 $12,194,430 100,624 27.2 1975 $3,581 4,073,740 $14,587,570 115,765 28.4 1980 $3,966 4,442,295 $17,616,910 136,682 30.8 1985 $4,136 4,843,947 $20,032,840 154,421 31.9 1990 $4,535 5,279,519 $23,944,060 179,958 34.1 1995 $4,727 5,692,353 $26,910,310 206,755 36.3 2000 $5,217 6,085,572 $31,745,760 235,121 38.6 2005 $5,654 6,464,750 $36,554,731 265,236 41.0 2010 $6,103 6,842,923 $41,765,656 296,199 43.3 2015 $6,588 7,219,431 $47,562,691 331,138 45.9 2020 $7,111 7,577,889 $53,888,672 368,316 48.6 2025 $7,676 7,905,239 $60,680,624 407,148 51.5 2030 $8,286 8,199,104 $67,934,006 447,475 54.6 2035 $8,943 8,463,265 $75,691,056 489,447 57.8 2040 $9,654 8,701,319 $83,999,657 533,234 61.3 2045 $10,420 8,907,417 $92,817,529 578,429 64.9 2050 $11,248 9,075,903 $102,083,102 624,530 68.8 19652005 Increase 100.2% 93.7% 287.7% 214.1% 62.2% 20052050 Increase 98.9% 40.4% 179.3% 135.5% 67.7% Summary: On a global scale the world s meat production is poised to more than double over the next 45 years as compared to a neartripling over the past 40. The decline in projected growth rate is due entirely to a sharp drop in population growth rates in the U.N. medium growth population projections. From 2005 to 2050 global population is estimated to increase 40.4%, well under half the increase of 19652005. Per capita meat production growth from 20052050 is projected to about match the 19652005 growth. Production growth will be primarily driven by a neardoubling of per capita GDP in constant dollar purchasing power. A more affluent world will, as it has in the past, want the variety and nutrition offered by more meat in the diet. The good news is that the rate of growth is slowing. The bad news is that, even with a slower rate, the absolute growth of 359.3 million tons of meat

production is substantially more than we can produce today using essentially all of our productive farmland. Implications: With no more, and perhaps less, productive farmland available over the next 50 years this projected growth in meat production represents a major challenge to both farmers and the environment. More meat means more feed and forage will need to be produced, and more land will be required for housing the additional animals that will be on farms. In addition, more production of all crops will be needed, including those used for direct human consumption and for industrial uses. To support the higher animal product production level of 2050 it is required that feed crop yields will need to more than double if we are to increase meat production in line with increases in GDP and population that will almost certainly happen over the next 45 years. To achieve this level of yield increases implies that agricultural research aimed at increasing feed crop yields should be a high priority. Failure to substantially increase crop yields in line with the meat production projections will result in increased pressure to push crop production onto more of the world s fragile lands that are not being farmed today. If feed crops production is pushed onto marginal land the result will be a degraded environment, increased soil erosion, increase water pollution, reduced wildlife habitat, and increased use of chemical and fertilizer inputs. The only environmentally responsible way to accommodate the world s increasing demand for meat is to produce increased amounts feed crops without using more land. The only way to accomplish that is to substantially increase yields.

Appendix: Appendix Figure 1: Global Population (000) U.N. Medium Estimate, 20052050 10,000,000 9,000,000 8,000,000 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 $US 2000 6,000 5,000 4,000 3,000 2,000 1,000 1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 Appendix Figure 2: Global GDP $US 2000 GDP per Capita = 2995.3e0.0154(Year) R2 = 0.98 2010 2015 2020 2025 2030 2035 2040 2045 2050 1965 1967 1969 1971 1973 1975 1977 1979 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005

Appendix Figure 3: Total and Meat Production 20062050 Projected 800,000 80.0 Total Production, 000 Tons 700,000 600,000 500,000 400,000 300,000 200,000 100,000 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 2030 2035 2040 Total 2045 2050 70.0 60.0 50.0 40.0 30.0 20.0 10.0 Production, Kilograms