The "Global Pork Meat Market Forecast Report By Consuming Countries, Producing Countries, Importing Countries, Exporting Countries and Company Analysis 2024-2032" report has been added to ResearchAndMarkets.com's offering.
Global Pork Market is expected to grow up to US$ 352.17 billion by 2032 from 250.23 billion in 2023, with 3.87% CAGR from 2024 and 2032.
Consumption choices of food around the world have shifted as a result of globalization causing great growth in the industry of pork meat. Other a factor that ensures the package meat is popular is its flexibility to move through the various channels of distribution because the retail outlets are becoming standard.
Consumer Demand and Preferences
Pork consumers' preferences are therefore determined by their dieting habits, culture, and their income status. According to the Global Pork Snapshot, in a number of areas, it forms an essential part of people's diet and various recipes are firmly militanted with national identities. Concerns toward production and consumption of healthy and plant base diets in a way influence the demand for pork as well as increasing incomes in the emergent world economies which gives more attention to meats. Urbanization and globalization also influence the changes in food trends and eating habits of the people. Also, the social perception that pork as a type of meat is a healthy food product or raises safety issues can affect population's decision and thus reshape the demand.
Production and Supply Factors
Both production and supply factors are essential for understanding the pork market globally. These feed ingredients include corn, and soybeans, hence cost and availability of these feeds forms a natural benchmark to pork production costs. Improved technology in breeding, diseases control and melioration of farming processes contributes the productivity and hence the supply.
However, disease outbreaks such as African Swine Fever (ASF) can be catastrophic in its disruption of production to an extent that supply of particularly producer pigs is limited and prices change. Other external influences affect the production capabilities include the international climatic changes and the availability of sources.
Trade Policies and Market Access
Trade policies encompassing market access are central to determining the market for pork globally. There are many factors that affect the international transfer of pork products among which are the tariffs, trade agreements and the relations between countries. A government may encourage exports by provision of favorable trading policies which will increase the demand and on the other hand, it may frustrate imports through restrictive policies which check the supply chain.
Other barriers include food safety regulations, animal welfare standards, environmental policies because to be able access the market the producers have to meet these standards. This is due to the diplomatic relations between countries and economic sanctions that over time complicate the export flows and ever-changing market for pork in the international market.
North America Pork Meat Market
North America is a major regional market for pork meat; the consumption rates are quite high and the end-products are versatile in terms of usage. Pork is a popular type of meat in North America especially chucks, ribs, bacon, and sausages among other related products. The two biggest exporters and importers are the United States and Canada because of elaborated; meat processing facilities and relatively high-quality requirements.
Whereas, the convenience foods and preferred taste of the consumers have led to the increase in the processed pork products while the traditional cuts are famous for cooking and other food services uses. The Mexican cookery lovers' trends have driven the improvement of the product-line by offering the slimmer cut meats and low-sodium products. This market has a stable and equally domestic production capacity and unceasing demand from retail, food service, and industries; hence, North America is one of the most crucial regions for the pork industry.
Global Pork Meat Company Analysis
Several key players dominate the pork industry, including JBS S.A., a Brazilian company and the largest meat processing company in the world. Tyson Foods, based in the United States, is another major player, along with Pilgrim's Pride Corporation. Danish Crown Group, based in Denmark, Vion Food Group from the Netherlands, WH Group from China, Hormel Foods Corporation in the United States, and Muyuan Foods are significant contributors to the pork industry.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 280 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value (USD) in 2023 | $250.23 Billion |
| Forecasted Market Value (USD) by 2032 | $352.17 Billion |
| Compound Annual Growth Rate | 3.8% |
| Regions Covered | Global |
Key Players Analysis: Business Overview, Recent Development & Strategies, Financial Insights
- JBS S.A
- Tyson Foods
- Pilgrim's pride corporation
- Danish crown group
- Vion Food Group
- WH Group
- Hormel Foods Corporation
- Muyuan Foods
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Global Pork Meat Market
6. Consuming Countries Market Share Analysis - Global Pork Meat
7. Volume Share Analysis- Global Pork Meat
7.1 Consuming Countries
7.2 Producing Countries
7.3 Importing Countries
7.4 Exporting Countries
8. Consuming Countries
8.1 United States
8.1.1 Market
8.1.2 Volume
8.2 China
8.3 European Union
8.4 Russia
8.5 Vietnam
8.6 Brazil
8.7 Mexico
8.8 Japan
8.9 South Korea
8.10 Philippines
8.11 United Kingdom
8.12 Others
9. Producing Countries Volume
9.1 United States
9.2 China
9.3 European Union
9.4 Brazil
9.5 Russia
9.6 Vietnam
9.7 Canada
9.8 Mexico
9.9 South Korea
9.10 Japan
9.11 Philippines
9.12 Others
10. Importing Countries Volume
10.1 China
10.2 Japan
10.3 Mexico
10.4 United Kingdom
10.5 South Korea
10.6 United States
10.7 Philippines
10.8 Hong Kong
10.9 Canada
10.10 Australia
11. Exporting Countries Volume
11.1 United States
11.2 European Union
11.3 Brazil
11.4 Canada
11.5 Chile
11.6 Mexico
11.7 Russia
11.8 United Kingdom
11.9 China
11.10 Australia
12. Key Players Analysis
For more information about this report visit https://www.researchandmarkets.com/r/1xa392
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241003586585/en/
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
