Pork Meat Market Dynamics 2021-2031
The pork meat market is expected to register a CAGR of 3% during 2023–2031. The growing demand for high protein food is likely to remain a key trend in the market.
Pork Meat Market Analysis
- The needs of consumers for convenient and processed food have risen consequently. The market for drinks which are promoter of health has expanded more and more.
- Due to its flexibility, low cost and consumer preference, the pork meat industry continues to make advances in size and reach. Meat consumption is reaching its peak worldwide, with pork being the most consumed meat source across the globe.
Pork Meat Market Overview
- Pork meat is the type of meat produced from domestic pigs. It is the most commonly consumed meat globally. Pork meat is consumed in two forms, such as freshly cooked and preserved. Curing process extends the shelf life of the pork meat products. Smoked pork, ham, bacon, gammon, and sausage are some common examples of preserved pork.
- Pork meat is among the most popular meat in the Western countries and in Central Europe. It is also popular in the Eastern and non-Muslim parts of India, Malaysia, and Southeastern Asia. It is highly valued in Asian cuisines for its fat content and pleasant texture.
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Pork Meat Market: Strategic Insights
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Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Pork Meat Market: Strategic Insights
Shejal
Have a question?
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
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Pork Meat Market Drivers and Opportunities
Increasing demand for processed food
- Animal protein plays a vital role in human diet, so the increasing demand for animal protein has been a worldwide phenomenon. Especially, processed pork products, including bacon, hams, sausages and other smoked products, are also favoured by a large quantity of consumers.
- Low-fat, high-protein diets are also popular among western countries, so people's consumption of pork meat also increases remarkably.
Innovation and Product Development
- There is an increasing demand for organic and clean-label pork meat products. People are gaining consciousness about their food habits and looking for products that are produced in a sustainable manner, without artificial additives or hormones.
- By harnessing new technological breakthroughs in cutting, wrapping and curing, the pork industry can continue to improve its production, processing and packaging. This can potentially encourage the development of new kinds of pork meat products and newly value-added pork meat products.
Pork Meat Market Report Segmentation Analysis
Key segments that contributed to the derivation of the pork meat market analysis are deployment type and enterprise size.
- Based on product type, the pork meat market is segmented into fresh, frozen, and canned/preserved.
- On the distribution channel, the market is segregated into hypermarket/supermarket, convenience stores, specialty stores, online retailing, and others.
Pork Meat Market Share Analysis by Geography
- Pork Meat Market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering pork meat market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers porter’s five forces analysis, which involves the study of major factors that influence the pork meat market in these regions.
Pork Meat Market Report Scope
Pork Meat Market News and Recent Developments
The pork meat market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the pork meat market are listed below:
- JBS USA, a leading global food company, announced it has reached an agreement to acquire certain assets from TriOak Foods, a Midwest-based pork producer, for an undisclosed amount. The two companies enjoy a long-standing business relationship, with JBS USA serving as the exclusive customer of TriOak market hogs since 2017. (Source: JBS Foods, Press Releases, Dec 2022)
Pork Meat Market Report Coverage and Deliverables
The “Pork Meat Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Pork meat market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Pork meat market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Pork meat market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the pork meat market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
The leading players operating in the pork meat market are China Yurun Food Group Ltd., Cranswick PLC, Danish Crown, Halperns, JBS USA, Smithfield Foods, Inc., Tönnies Group, Tyson Foods, Inc., Vion Food Group, and WH Group Limited.
The rising awareness for high protein food source is anticipated to play a significant role in the global pork meat market in the coming years.
The global pork meat market is expected to grow at a CAGR of 3% during the forecast period 2023 - 2031.
The increasing demand for processed food is one of the major factors driving the pork meat market.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Pork Meat Market - By Product Type
1.3.2 Pork Meat Market - By Distribution Channel
1.3.3 Pork Meat Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PORK MEAT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. PORK MEAT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. PORK MEAT MARKET - GLOBAL MARKET ANALYSIS
6.1. PORK MEAT - GLOBAL MARKET OVERVIEW
6.2. PORK MEAT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PORK MEAT MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. FRESH MEAT
7.3.1. Overview
7.3.2. Fresh Meat Market Forecast and Analysis
7.4. PROCESSED PORK
7.4.1. Overview
7.4.2. Processed Pork Market Forecast and Analysis
8. PORK MEAT MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. HYPERMARKET/SUPERMARKET
8.3.1. Overview
8.3.2. Hypermarket/Supermarket Market Forecast and Analysis
8.4. CONVENIENCE STORES
8.4.1. Overview
8.4.2. Convenience Stores Market Forecast and Analysis
8.5. GROCERY STORES
8.5.1. Overview
8.5.2. Grocery Stores Market Forecast and Analysis
8.6. ONLINE SALES
8.6.1. Overview
8.6.2. Online Sales Market Forecast and Analysis
9. PORK MEAT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Pork Meat Market Overview
9.1.2 North America Pork Meat Market Forecasts and Analysis
9.1.3 North America Pork Meat Market Forecasts and Analysis - By Product Type
9.1.4 North America Pork Meat Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Pork Meat Market Forecasts and Analysis - By Countries
9.1.5.1 United States Pork Meat Market
9.1.5.1.1 United States Pork Meat Market by Product Type
9.1.5.1.2 United States Pork Meat Market by Distribution Channel
9.1.5.2 Canada Pork Meat Market
9.1.5.2.1 Canada Pork Meat Market by Product Type
9.1.5.2.2 Canada Pork Meat Market by Distribution Channel
9.1.5.3 Mexico Pork Meat Market
9.1.5.3.1 Mexico Pork Meat Market by Product Type
9.1.5.3.2 Mexico Pork Meat Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Pork Meat Market Overview
9.2.2 Europe Pork Meat Market Forecasts and Analysis
9.2.3 Europe Pork Meat Market Forecasts and Analysis - By Product Type
9.2.4 Europe Pork Meat Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Pork Meat Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Pork Meat Market
9.2.5.1.1 Germany Pork Meat Market by Product Type
9.2.5.1.2 Germany Pork Meat Market by Distribution Channel
9.2.5.2 France Pork Meat Market
9.2.5.2.1 France Pork Meat Market by Product Type
9.2.5.2.2 France Pork Meat Market by Distribution Channel
9.2.5.3 Italy Pork Meat Market
9.2.5.3.1 Italy Pork Meat Market by Product Type
9.2.5.3.2 Italy Pork Meat Market by Distribution Channel
9.2.5.4 United Kingdom Pork Meat Market
9.2.5.4.1 United Kingdom Pork Meat Market by Product Type
9.2.5.4.2 United Kingdom Pork Meat Market by Distribution Channel
9.2.5.5 Russia Pork Meat Market
9.2.5.5.1 Russia Pork Meat Market by Product Type
9.2.5.5.2 Russia Pork Meat Market by Distribution Channel
9.2.5.6 Rest of Europe Pork Meat Market
9.2.5.6.1 Rest of Europe Pork Meat Market by Product Type
9.2.5.6.2 Rest of Europe Pork Meat Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Pork Meat Market Overview
9.3.2 Asia-Pacific Pork Meat Market Forecasts and Analysis
9.3.3 Asia-Pacific Pork Meat Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Pork Meat Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Pork Meat Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Pork Meat Market
9.3.5.1.1 Australia Pork Meat Market by Product Type
9.3.5.1.2 Australia Pork Meat Market by Distribution Channel
9.3.5.2 China Pork Meat Market
9.3.5.2.1 China Pork Meat Market by Product Type
9.3.5.2.2 China Pork Meat Market by Distribution Channel
9.3.5.3 India Pork Meat Market
9.3.5.3.1 India Pork Meat Market by Product Type
9.3.5.3.2 India Pork Meat Market by Distribution Channel
9.3.5.4 Japan Pork Meat Market
9.3.5.4.1 Japan Pork Meat Market by Product Type
9.3.5.4.2 Japan Pork Meat Market by Distribution Channel
9.3.5.5 South Korea Pork Meat Market
9.3.5.5.1 South Korea Pork Meat Market by Product Type
9.3.5.5.2 South Korea Pork Meat Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Pork Meat Market
9.3.5.6.1 Rest of Asia-Pacific Pork Meat Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Pork Meat Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Pork Meat Market Overview
9.4.2 Middle East and Africa Pork Meat Market Forecasts and Analysis
9.4.3 Middle East and Africa Pork Meat Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Pork Meat Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Pork Meat Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Pork Meat Market
9.4.5.1.1 South Africa Pork Meat Market by Product Type
9.4.5.1.2 South Africa Pork Meat Market by Distribution Channel
9.4.5.2 Saudi Arabia Pork Meat Market
9.4.5.2.1 Saudi Arabia Pork Meat Market by Product Type
9.4.5.2.2 Saudi Arabia Pork Meat Market by Distribution Channel
9.4.5.3 U.A.E Pork Meat Market
9.4.5.3.1 U.A.E Pork Meat Market by Product Type
9.4.5.3.2 U.A.E Pork Meat Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Pork Meat Market
9.4.5.4.1 Rest of Middle East and Africa Pork Meat Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Pork Meat Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Pork Meat Market Overview
9.5.2 South and Central America Pork Meat Market Forecasts and Analysis
9.5.3 South and Central America Pork Meat Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Pork Meat Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Pork Meat Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Pork Meat Market
9.5.5.1.1 Brazil Pork Meat Market by Product Type
9.5.5.1.2 Brazil Pork Meat Market by Distribution Channel
9.5.5.2 Argentina Pork Meat Market
9.5.5.2.1 Argentina Pork Meat Market by Product Type
9.5.5.2.2 Argentina Pork Meat Market by Distribution Channel
9.5.5.3 Rest of South and Central America Pork Meat Market
9.5.5.3.1 Rest of South and Central America Pork Meat Market by Product Type
9.5.5.3.2 Rest of South and Central America Pork Meat Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. PORK MEAT MARKET, KEY COMPANY PROFILES
11.1. CHINA YURUN FOOD GROUP LTD.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CRANSWICK PLC
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. DANISH CROWN
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. HALPERNS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. JBS USA
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. SMITHFIELD FOODS, INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. TöNNIES GROUP
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. TYSON FOODS, INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. VION FOOD GROUP
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. WH GROUP LIMITED
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
1. China Yurun Food Group Ltd.
2. Cranswick PLC
3. Danish Crown
4. Halperns
5. JBS USA
6. Smithfield Foods, Inc.
7. Tönnies Group
8. Tyson Foods, Inc.
9. Vion Food Group
10. WH Group Limited
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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