The recently released EU Agricultural Outlook for 2024-2035 highlights critical trends and challenges for the swine industry as it adapts to shifting consumer preferences, sustainability concerns, and regulatory changes.
Declining Pigmeat Consumption
Consumer perceptions of sustainability and shifting dietary preferences are projected to drive a gradual decline in pigmeat consumption across the EU. By 2035, per capita consumption is expected to decrease, with many consumers seeking plant-based protein alternatives. This shift reflects growing societal concerns about intensive production systems and their environmental impact.
Production and Export Trends
EU pigmeat production is forecasted to decrease, in part due to societal criticism and evolving market demands. While African Swine Fever remains a persistent challenge, no major uncontrolled outbreaks are anticipated. The report also predicts a decline in EU pigmeat exports as Asian markets recover their domestic production, leading to increased competition. However, EU pigmeat prices are expected to remain higher than past levels due to rising production costs and limited supply.
Focus on Sustainability
The swine industry is increasingly emphasizing sustainability, driven by regulatory frameworks and consumer expectations. EU producers are exploring ways to reduce greenhouse gas emissions and adopt more extensive production systems. Investments in sustainable practices and advanced technologies are expected to enhance environmental outcomes while addressing societal concerns.
Feed Efficiency and Market Resilience
The report highlights the importance of improving feed efficiency and reducing dependency on imported protein feeds. Technological advancements in feed management and genetic improvements are seen as critical for bolstering resilience within the swine sector. These measures could help mitigate risks associated with volatile global markets and supply chain disruptions.
Future Outlook
While challenges persist, opportunities remain for EU swine producers to adapt to changing consumer demands and strengthen their position in global markets. By focusing on sustainable practices and innovative technologies, the industry can navigate the complexities of the evolving agricultural landscape.
Swine Web will continue to monitor developments in the EU swine sector and share insights with producers worldwide. Access the full report here