In the coming year, the global animal protein market is poised for significant transformations influenced by economic conditions, geopolitical tensions, and supply dynamics. According to RaboResearch's latest outlook, demand for animal proteins remains susceptible to macroeconomic shifts and policy changes. Notably, seafood is expected to surpass poultry as the leading contributor to global protein supply growth. The report highlights how government policies and economic recovery efforts will play a crucial role in shaping market access and consumer behavior. Additionally, military conflicts and inflationary pressures could introduce further volatility into global trade. Aquaculture and wild catch are anticipated to lead the way in production growth, marking a pivotal moment for various regions and commodities.

The year 2025 is forecasted to bring notable changes in the global animal protein sector. Angus Gidley-Baird, a senior analyst at RaboResearch, emphasizes that economic recovery efforts and potential policy shifts from new governments may introduce protectionist measures, affecting trade costs and tariffs. Military conflicts could disrupt shipping and freight, adding to market instability. Despite easing inflationary pressures, policy decisions might reverse this trend, impacting consumer demand if incomes do not increase proportionally. Production across different regions and species is expected to reach critical points, with aquaculture and wild catch driving growth. Seafood and pork are predicted to transition from contraction to growth, while beef will likely experience a shift from growth to contraction, reshaping market dynamics and supply chains.

Aquaculture and wild catch are projected to grow by 2.3 percent year-on-year, recovering from a decline of 0.3 percent in 2024. Poultry is set to maintain steady growth, whereas beef production will decrease due to contractions in major regions. Pork production will see a marginal increase of 0.1 percent after substantial growth from 2021 to 2023, following recovery from African swine fever. Growth in terrestrial species production will slow down in most regions, with Brazil facing a one percent contraction. China, after negative growth in 2024, is expected to witness a small increase. Oceania will maintain steady production levels, while the EU27+UK, North America, and Southeast Asia will experience slower growth compared to 2024.

As 2025 approaches, the global animal protein market is on the cusp of significant changes. Economic recovery efforts, policy shifts, and geopolitical tensions will continue to influence market access and consumer behavior. Aquaculture and wild catch are expected to drive production growth, while shifts in beef, pork, and poultry markets will reshape supply chains. These factors combined suggest that the coming year will be a turning point for the global animal protein industry, highlighting the need for adaptability and strategic planning.