The global pork meat market reported a large market size in 2019, which is expected to expand significantly in 2027 at a rapid revenue growth rate during the forecast period. Industry analysis indicates that demand for pork meat has been rising substantially and its adoption has been increasing in parallel due to changing market trends and consumption patterns, and these factors are expected to continue to support industry growth as well as market growth over the forecast period.
Pork is the meat of a domestic pig, which is most commonly consumed across the globe, excluding some countries in the Middle East. Pork meat has high nutritional value. In addition, it acts as a rich source of protein and fats. It contains significant amounts of Selenium, vitamin B, and thiamin, which makes it a popular meal of choice for fitness enthusiasts. Pork is a popular choice of consumers in fast-food outlets and restaurants.
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Pork meat is included in the category of food products that are purchased by consumers frequently. Growth of the pork meat market can be attributed to changes in the food consumption pattern of individuals across the world. Growth of the retail sector and easy availability of pork meat through various sales channels make it convenient for consumers to purchase packaged pork meat. This is another factor boosting market growth. However, rise in the trend of veganism and stringent laws imposed on acts of animal cruelty are major restraints of growth of the global pork meat market. The outbreak of COVID-19 has significantly hindered market growth. There has been slight decrease in sales of pork meat products due to disruption of supply chains and reduction in the consumption of out-of-home food during the COVID-19 pandemic.
Key Players Operating in Global Pork Meat Market:
- WH Group
- JBS S.A.
- Smithfield Foods
- Triumph Foods
- Danish Crown
- Tyson Foods Inc.
- Tönnies
- Yurun Group
- Vion Food Group Ltd.
- Shuanghui Development
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By Type (Revenue, USD Million; 2017–2027)
- Chilled
- Frozen
- Others
By Application (Revenue, USD Million; 2017–2027)
- Household
- Commercial
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Regional Outlook
For comprehensive understanding of market dynamics, the global Pork Meat Market is analysed across key geographies namely: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). Each of these regions is analysed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of the Pork Meat Market
– Changes in industry market dynamics
– Detailed market segmentation by type, application, etc.
– Historical, current and projected market size in terms of quantity and value
– Recent industry trends and developments
– Competition situation of Pork Meat Market
– Key companies and product strategies
– Potential niche segment/region showing promising growth.
Finally, the Pork Meat Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.
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