The meat industry is all about keeping meat prices low, with a variety of meat products such as burgers, steak and lamb being available to buy in Australia, but the big winner has been beef.
This year, Australia is set to overtake Japan as the largest market for beef, overtaking the US and South Korea.
In 2015, the Australian Meat Council (AMS) reported that Australia had the third largest market share of Australian beef exports.
This is down from the previous year’s total of around 20 per cent, but remains the largest beef market in the world.
Meat production in Australia has increased by more than 100 per cent in the last 10 years, and there are currently around 70,000 cattle in operation across the country.
But why does Australia have such a huge market share?
It has a number of factors.
First, the country is surrounded by vast tracts of land that is home to large numbers of cattle, sheep, goats and pigs.
This has made it easy for large producers to reach a wide audience.
Secondly, Australia has a large, open-air market, with most consumers able to access the market.
There is no national ban on slaughtering livestock, and Australia’s meat export industry has grown enormously over the past 20 years.
This means Australia is home for almost all the world’s largest meat markets.
Finally, Australia’s cattle are bred to be more healthy than many other beef cattle, and are fed better than many of the other beef producers.
Meat production in the US has been in decline for years, but it is only in recent years that demand for beef has increased, particularly in China, where beef is grown.
While beef consumption in the country has dropped in recent decades, beef producers are able to maintain their market share due to the global expansion of the industry.
The Australian government has set targets to achieve a 75 per cent reduction in meat consumption by 2030, and has promised to raise the price of beef.
However, Australia remains one of the biggest meat consumers in the World, and the government is keen to ensure that Australia remains a leading exporter of meat.
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