Global Pork Meat Market Overview And Prospects
Learn about the global pork meat market through The Business Research Company, which provides information on pork meat market size, pork meat market drivers and restraints, pork meat market players, the COVID-19 impact on the pork meat market, and more.
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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%.
The growing food and beverage industry is expected to drive innovation in pork meat manufacturing, thus driving the market during the forecast period.
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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.
Global Pork Meat Market Segments Include:
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 market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the pork meat market in 2021/
Plant-based pork meat is a key trend gaining the popularity in the pork meat market. Plant-based pork is a pig replacement created with heme (or “haem” in British English), an iron-containing molecule obtained from plants that resemble blood. In recent years, a growing amount of data has linked meat consumption to ailments such as heart disease, cancer, and diabetes. So, people can reduce their weekly pork intake by introducing plant-based foods into their diet, boosting their overall health in the process.
TBRC’s pork meat market report covers:
Major Market Players: 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.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Pork Meat Global Market Report 2021: Market Size, Trends, And Global Forecast 2022 – 2026 is one of a series of new reports from The Business Research Company that provides pork meat market overviews, analyses and forecasts market size, share, pork meat market players, pork meat market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s pork meat market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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