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In 2024, Brazil was the largest exporter of beef worldwide with exports amounting to a value of *** billion U.S. dollars, followed by Australia, with billion dollars. 

The global meat industry

The meat industry was valued at approximately *** trillion U.S. dollars in 2024, and projected to increase to more than *** trillion U.S. dollars by 2030. Poultry was the most produced type of meat worldwide in 2024, followed by pork. Nearly *** million metric tons of poultry were produced worldwide, compared to some *** million metric tons of pork. Beef and veal came in third place, with a production volume of about ** million metric tons in 2024. Asia Pacific accounted for share of more than **** of the global meat market in 2020.

International trade

In 2025, Brazil and Australia were forecasted to be the top exporters of beef and veal, with an export volume of *** million and **** million metric tons of beef and veal, respectively. While China and the United States were the leading destinations for exports of Brazilian beef, Canada was by far the leading country of destination for U.S. prepared or preserved beef and veal exports, with an export volume of nearly * metric tons in 2020.