Global Pork Meat Market Report 2022 – Market Forecast, Trends And Strategies

24 Jan, 2022

The global pork meat market size is expected to grow from $235.48 billion in 2021 to $242.04 billion in 2022 at a compound annual growth rate (CAGR) of 2.8%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $258.39 billion in 2026 at a CAGR of 1.6%.

What is the Global Pork Meat Market?

The pork meat market consists of sales of pork meat by entities (organizations, sole traders, and partnerships) that is classified as a red meat because it contains more myoglobin than chicken or fish. Pork is the name given to the meat of a domestic pig. Pork meat is the most commonly consumed meat which is a good addition to a healthy diet because it contains a variety of nutrients and minerals such as phosphorus, selenium, and thiamine, vitamins, and high-quality protein. The pork meat is cured and processed to extend its shelf life.

Get a Sample of the global pork meat market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5498&&type=smp

What drives the Global Pork Meat Market?

The growing food and beverage industry is expected to drive the growth of the pork meat market in the coming years. The food and beverage sector encompasses all businesses involved in the processing, packaging, and distribution of raw food materials. This includes both fresh and packaged foods, as well as alcoholic and non-alcoholic beverages. Pork is a good source of high-quality protein, which is an important nutrient for human health. Once consumed, it includes large levels of amino acids. For example, according to the Federal Communications Commission, Food and beverage production sales climbed 3.5% year over year (YoY) in 2020, from $118.7 billion in 2019 to $122.9 billion in 2020. As a result, China's worldwide meat imports increased by 59.6% in 2020 compared to the previous year. Therefore, the growing food and beverage sector propels the growth of the pork meat market.

Get the full global pork meat industry report here:

https://www.thebusinessresearchcompany.com/report/pork-meat-global-market-report

Global Pork Meat Market Segments
The global pork meat market is segmented::
By Meat Form: Chilled, Frozen, Canned/Preserved
By Packaging: Store Wrap, Modified Atmosphere Packaging, Vacuum Packaging, Shrink Bags
By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others
By Geography: The regions covered in the pork meat 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 meat market.

Pork Meat Global Market Report 2022provides market size and growth forecasts for the global pork meat market, global pork meat market share, pork meat market segments and geographies, pork meat market competitive landscape including leading competitors’ revenues, profiles and market shares. The pork meat market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Pork Meat Industry Playersinclude Bridgford Foods Corporation, China Yurun Food Group Limited, Cranswick plc, Danish Crown, Smithfield Foods Inc, JBS S.A., Tönnies Holding, Tyson Foods Inc, Vion NV, WH Group, Triumph Foods, Conagra Brands Inc, Cherkizovo, Craig Mostyn & Co Pty Ltd, Dawn Meats, and Hormel Foods Corporation. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.