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Why is income elasticity for meat in the United States lower than other countries?​

Why is income elasticity for meat in the United States lower than other countries?​

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Income elasticity is the percentage change in demand for meat for a given percentage change in consumer income. The lower (higher) the income elasticity, the more the good is considered to be a necessity (luxury) good. For a higher-income country like the US, as consumer income rises, consumers may switch to consuming other higher-nutrient, higher-priced food items instead of consuming meat. Therefore meat is a necessity good in US. But for lower-income countries, meat is a luxury good and so, people consume more meat as income rises. So, income elasticity for meat is lower in US than in other countries.

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