Investing in African Livestock : Business Opportunities in 2030-2050
Medium and long-term development perspectives of any productive sector are driven by prospects for demand growth which, dependent on the policy and economic environment, can translate into associated producer responses. For the livestock sector, tr...
| Main Authors: | , , , , |
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2013/03/19356661/investing-african-livestock-business-opportunities-2030-2050 http://hdl.handle.net/10986/17866 |
| Summary: | Medium and long-term development
perspectives of any productive sector are driven by
prospects for demand growth which, dependent on the policy
and economic environment, can translate into associated
producer responses. For the livestock sector, trends in the
consumption of animal-sourced foods and livestock
by-products are the first key indicator of opportunities for
investment. This paper depicts the medium to long term
development prospects for the African livestock sector by
reviewing data on the estimated consumption of
animal-sourced foods and anticipated responses by producers
for 2005-07, 2030, and 2050. By 2050, the meat market is
projected at 34.8 million tones and that of milk about 82.6
million tones, an increase of 145 and 155 percent
respectively over 2005-07 levels. More notably, over this
period, Africa's increase in volume of meat consumed
will be on a par with that of the developed world and that
of Latin America, with only South Asia and Southeast Asia
anticipated registering higher growth. Policy and
institutional reforms should be devised, building on solid
data and evidence based analysis, to ensure that the
business opportunities generated by the growing market for
animal-sourced foods translate into widespread benefits for
the populace, including livestock producers, and for other
actors along the value chains as well as consumers. This
report reviews African trends in the consumption of
livestock products compared to other major world's
regions, as well as positioning these trends within the
evolving trade position of the African continent. |
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