How Will the Pig Farming Market Grow? Key Trends and Opportunities for 2025 and Beyond
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How Will the Pig Farming Market Grow Over the Forecast Period Based on Its Expected CAGR?
Over the past few years, the pig farming industry has seen significant growth in its market size. The market is expected to expand from $210.76 billion in 2024 to $221.72 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.2%. Factors contributing to this growth during the historic period include rising demand for superior quality animal protein, the industrial evolution of livestock production, heightened awareness about pork quality and safety, increased investment in research and development activities, and the growing popularity of organic pork meat and clean-labeled products.
Expectations indicate a robust expansion of the pig farming market in the coming years, swelling to $268.84 billion by 2029 with a compound annual growth rate (CAGR) of 4.9%. The surges in this period can be associated with an escalating prevalence of swine illnesses, a growing need for livestock commodities, shifting consumer inclinations that are amplifying the demand for pork, an augmented emphasis on sustainable farming methods, and an upsurge in the global demand for pork products. Crucial trends for the projected period involve the incorporation of cutting-edge breeding techniques, the implementation of precise and automated feeding systems, the advent of advanced ventilation and climate control technologies, health tracking technology, and inventive waste management systems.
What Combination of Drivers Is Leading to Accelerated Growth in the Pig Farming Market?
The pig farming market’s growth is projected to be fuelled by a surge in meat consumption. Several elements, including economic development, cultural and societal aspects, health and wellness trends, and the westernization of diets, are responsible for the escalating demand for meat consumption. As the demand for pork meat rises, pig farmers encounter lucrative opportunities, which stimulates profitability and motivates investments into farming infrastructure. This then results in the enhancement of breeding methods and the adoption of more effective production practices. For example, the Australian Bureau of Statistics, a government agency based in Australia, reported that pig meat production experienced a 5.9% increase in the first quarter of 2023, with output ascending to 117,512 tonnes from 111,000 tonnes in December 2022. Hence, the increasing consumption of meat is providing impetus to the expansion of the pig farming market.
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Who Are the Dominant Players Expanding Their Reach in the Pig Farming Market?
Major companies operating in the pig farming market are COFCO Meat Holdings Limited, New Hope Liuhe Co. Ltd., Charoen Pokphand Foods Public Company Limited, Muyuan Foods, Wens Foodstuff Group Co. Ltd., Seaboard Foods, Cranswick plc, Clemens Food Group, Lowa Select Farms, Schwartz Farms Inc., Rusagro Group, Christensen Farms, Danish Crown, JBS Live Pork, The Hanor Company, DEKON GROUP, Livingston Enterprises Inc., DLG Farms Private Limited, Shuangbaotai Group, Tosh Pork
What Are the Top Trends Shaping the Evolution of the Pig Farming Market?
Major companies operating in the pig farming market are focusing on developing advanced pig feed products to support sustainability goals, ultimately leading to higher profitability and improved animal welfare. Pig feed products consist of specially formulated, nutrient-dense feeds tailored to the distinct growth stages and health requirements of pigs. These feeds are designed to maximize feed efficiency, strengthen immunity, improve reproductive outcomes, and promote overall health and well-being in pigs. For instance, in January 2025, Godrej Agrovet Limited, an India-based agribusiness company, launched the Godrej Pride Hog. It is designed to deliver optimal nutrition throughout a pig’s lifecycle. This scientifically developed feed includes three variants, such as starter, grower, and finisher, which aim to enhance pig health, boost immunity, and maximize growth potential. The initiative is particularly significant for the North East region of India, where pig farming is crucial for many farmers’ livelihoods and has been challenged by African Swine Fever (ASF) since its emergence in 2020.
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Which Market Segments Are Driving Strategic Growth and Trends in the Pig Farming Market?
The pig farming market covered in this report is segmented –
1) By Type: Farrow-To-Finish Farms, Farrow-To-Nursery Farms
2) By Breed Of Pigs: Commercial Breeds, Heritage Breeds
3) By Age Group: Weaners, Sows, Boars, Growers
4) By Housing Systems: Indoor Systems, Outdoor Systems
Subsegments:
1) By Farrow-To-Finish Farms: Commercial Farrow-To-Finish Farms, Small-Scale Farrow-To-Finish Farms, Organic Farrow-To-Finish Farms, Intensive Farrow-To-Finish Farms, Free-Range Farrow-To-Finish Farms
2) By Farrow-To-Nursery Farms: Commercial Farrow-To-Nursery Farms, Small-Scale Farrow-To-Nursery Farms, Specialty Breed Farrow-To-Nursery Farms, Biosecure Farrow-To-Nursery Farms, Hybrid Farrow-To-Nursery Farms
Which Regions Are Setting the Pace for Pig Farming Market Growth?
Asia-Pacific was the largest region in the pig farming market in 2024. The regions covered in the pig farming market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
How Is the Pig Farming Market Defined Across Different Regions?
Pig farming involves the breeding and raising of pigs for meat production, known as pork. It is a significant agricultural practice worldwide, providing a major source of protein for many populations. Pigs are raised in various systems, including free-range, indoor, and intensive farming methods. It also includes breeding programs to improve genetic traits and enhance meat quality.
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