Pork Market Growth Trajectory – Insights On Key Drivers, Major Trends, And Top Opportunities
11 Jul, 2023
The global pork market size is expected to grow from $162.55 billion in 2022 to $173.36 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global pork market size is expected to reach $191.86 billion in 2027 at a CAGR of 2.6%.
Global Pork Market Key Driver
The global increase in meat consumption is propelling the pork sector ahead. Meat is the meat or other edible components of animals (usually domesticated cattle, swine, and sheep) used for food, which may include tendons, ligaments, and muscles. Pork is a fantastic choice for meals and consumption since it is a low-cost meat with a high protein content that is versatile.
Get a sample of the global pork market reportGlobal Pork Market Segments
The global pork market is segmented:
1) By Type: Chilled, Frozen
2) By Packaging: Store Wrap, Modified Atmosphere Packaging, Vacuum Packaging, Srink Bags, Others
3) By Application: Household, Commercial
4) By Geography: The regions covered in the pork market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, Asia-Pacific accounts for the largest share in the global pork market.
Major Pork Industry Players
JBS SA, Tyson Foods Inc., Pilgrim's Pride Corporation, Danish Crown, Vion Group, WH Group Limited, Hormel Foods Corporation, Muyuan Foods Co. Ltd., China Yurun Food Group, Bridgford Foods Corporation, Coca Foods International Co. Ltd., Craig Mostyn Group, The Tönnies Group, Monogram Food Solutions LLC, Vion Food Group Ltd.
Get the full global pork market report
Pork Market Overview
Pork refers to pig flesh that is typically fresh and has not been salted or smoked. The body requires iron and zinc, two vitamins and minerals that are abundant in pork. The high-quality protein it provides is also great. When added to diet, lean pork that has undergone minimal processing and has been completely cooked can offer several advantages.
Pork Global Market Report 2023 provides data on the global pork market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The pork market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.