The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The growing food and beverage industry are expected to drive innovation in pork meat manufacturing, thus driving the market during the forecast period.

The global pork meat market is expected to grow from $346.40 billion in 2022 to $377.80 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The pork meat market is expected to reach $526.02 billion in 2027 at a CAGR of 8.6%.

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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, Other Distribution Channels
• 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 is the largest region in the global pork meat market in 2021.

Major Market Players in the pork meat market include Bridgford Foods Corporation, China Yurun Food Group Limited, Cranswick plc, Danish Crown, Smithfield Foods Inc., JBS S.A., Tönnies Holding, Tyson Foods Inc.

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. For example, in September 2020, Impossible Foods, a US based company that produces plant-based substitutes for meat products launched plant-based pork ‘Impossible Sausage’ in Hong Kong.

The Pork Meat Global Market Report 2023  provides a pork meat market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The pork meat market forecast analyzes pork meat market size, pork meat market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Pork meat is defined as food products that are slaughtered and used for human consumption by processing and preserving pork meat by smoking, salting, fermenting, or adding any chemicals.

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