Global Scans · Consumption · Weekly Summary

• Current marketing-year soybean-oil usage remains hot and while in 2027 is going to sizzle even more on growing renewable diesel consumption, USDA was slightly more conservative in 2027's growth trajectory. BiobasedDieselDaily
• Global data center electricity demand could reach around 945 terawatt-hours by 2030 - slightly more than the entire electricity consumption of Japan - largely driven by AI. Live Science
• By 2050 buildings, factories, air conditioning units, data centers and electric vehicles will ensure global energy consumption climbs further still, to an estimated 47,000 TWh. Abdul Latif Jameel
• Global meat consumption has tripled over the past 50 years and is expected to further increase owing to rising incomes and population growth, particularly in emerging economies. SAGE Journals
• External token consumption will increase 24 times between 2026 and 2030 to 120 quadrillion tokens a month, as companies shift to use AI agents. BBC News
• In the world of AI, power is going to become even more important because, as we all know, the consumption of electricity currently in the current models of AI is very large. World Bank Live
• By 2050, global seafood production is expected to reach 160 million metric tons, with seafood accounting for over 30% of protein consumption, particularly in Southeast Asia. Claight Corporation (Expert Market Research)
• The U.S. Energy Information Administration expects electricity consumption to increase for a fourth consecutive year in 2027, producing the strongest four-year period of U.S. electricity-demand growth since 2000, with data centers a major driver. Environment+Energy Leader
• The aims of the Energy Strategy for 2050 are to increase the contribution of clean energy in the total energy mix to 50% by 2050, and to increase consumption efficiency of individuals and corporates by 40%. CCLW
• Global meat consumption has tripled over the past 50 years and is expected to increase due to rising incomes and population growth, particularly in emerging economies. SAGE Journals
• Data centers accounted for less than 2% of U.S. electricity consumption before 2020 but could absorb as much as 12% by 2028. IntoTheMinds
• Energy is among the EU's focal points, as the EU aims to decrease greenhouse gas emissions by 55% by 2030 and increase renewable energy sources to 42.5% of total energy consumption (European Commission, n. d. - d). Scientific Advice Mechanism
• Energy-driven inflation is set to erode real household income and weigh on consumption through the rest of 2026, with stronger real wage growth and improving sentiment expected to lift private consumption only in 2027. investing.com
• Other analyses cited alongside SOFIA indicate that aquaculture's share of total aquatic animal production could reach around 52% by 2030, with per-capita consumption of aquatic foods continuing to climb, particularly in developing regions. nutriNews, la revista de nutricion animal
• The manufacturing sector's share of total structured steel consumption in China will rise to 52% in 2026, compared with 46% in 2023. GMK.CENTER
• Asia Pacific is projected to expand at a CAGR of 8.1% during the forecast period, driven by rising seafood consumption, expanding premium retail channels, and growing preference for convenient protein-rich foods. Persistence Market Research
• The current study may provide an optimistic picture of the awareness of higher-risk cannabis consumption behaviours among the general population of emerging adults in Canada. PubMed Central (PMC)
• While challenges exist, successfully addressing them will unlock the true potential of the Indian consumer, making it a major player in the global consumption landscape. Axis MF
• Consumption is going to be a big part of India growth story. Business Today
• Global corn consumption is projected to exceed production during the 2026-27 marketing year, raising concerns about the shrinking margin in world grain supplies. AG INFORMATION NETWORK OF THE WEST
• The European Union's Energy Efficiency Directive revision mandates 11.7% energy consumption reduction by 2030, further accelerating lightweight material adoption. Persistence Market Research

Last updated: 01 November 2026