Meat & Livestock in Asia Pacific

The meat and livestock market in the Asia-Pacific region grew significantly in 2022, primarily driven by China. This dominance of China in the market has a major impact on the overall performance of the Asia-Pacific market. Experts predict that there will be continued moderate growth in the upcoming years due to various macroeconomic factors such as higher GDP, increased disposable income, a growing middle class, overall economic expansion, and improved business optimism. The Organisation for Economic Co-operation and Development (OECD) has observed an increase in China's business confidence index, indicating a positive outlook for the market's future growth.