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Rabobank Global Animal Protein Outlook 2021: Emerging From a World of Uncertainty
After a year full of uncertainties, global animal protein is expected to rise again, as it looks for opportunities.
In 2021, Rabobank anticipates production growth in most regions, with the biggest change taking place in Asia, where the impacts of African swine fever (ASF) are fading. Pork is expected to lead that growth – with a gradual recovery process, as ASF is still active. Poultry and aquaculture are also forecast to grow, followed by beef. Wild-catch seafood, however, is expected to decline.
Global animal protein trade continues to create areas of opportunity and risk, with China...
Rabobank: Impact of Coronavirus on Southeast Asian Food & Agribusiness
Southeast Asia will face far-reaching challenges from the impacts of the coronavirus outbreak, such as economic decline, reduced out-of-home consumption, and supply chains disruptions, even beyond the lockdowns.
After panic buying, consumers will shift from foodservice to retail and – after a short, suppressed splurge (if any) – to recession-period spending.
Production will also be affected, albeit less, but transporting goods will continue to experience problems due to...
Rabobank: Slower Growth Prospects as Coronavirus Hits Foodservice in Southeast Asia
In a previous note on the impact of the novel coronavirus (since named Covid-19) on foodservice, Rabobank highlighted how plummeting tourist numbers will necessitate a review of 2020’s foodservice growth prospects for Southeast Asia. Since the publication of that note, some of the tourism authorities in the region have revised their tourist arrival projections for 2020. While the evolving nature of the situation and the indirect impact that tourism has on the overall economy makes projections challenging, with these estimates now available, we can provide a preliminary view of how foodservice growth is likely to be impacted in 2020.
The Importance of Tourism to Foodservice in SEA
Domestic consumers and tourists contribute differently to foodservice consumption and growth in Southeast Asia (SEA). While an increase in per capita occasions and...
Top Meat, Poultry, Egg and Seafood Price Action Broken Down in the Latest Market Briefing
Current Restaurant Restrictions and Capacity By State
Billions in Consumer Spending Are Shifting as COVID-19 Forces Widespread Retail Disruption
The NPD Group Reveals Consumers' Top Plant-Based Product Choices
Americans Flock to Chicken, the Nation’s #1 Quarantine Protein
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