The World Hasn’t Hit Peak Meat Just Yet, Bunge CEO Says
- Demand for animal protein is still ‘up and to the right’
- Part of the growth will be met through plant alternatives
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The growing popularity of plant-based products doesn’t mean the world is ready to start eating less meat, according to the head of one of the top crop traders.
The outlook for animal-protein consumption remains “up and to the right,” Bunge Ltd. Chief Executive Officer Gregory Heckman said in an interview at the FT Commodities Global Summit on Tuesday. Some of that demand will be met through alternative products, but meat consumption is still climbing in developing countries like China.