Global Hog Production and Pork Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Pigs are the species of animals that belong to Suidae family, are generally farmed for the production of meat. Pigs are commonly known as hogs in the U.S. The meat produced from hogs is termed as pork. Hog production is essentially a part of agricultural economy. Pork is the most commonly consumed meat in the world.
Market Overview:The latest research study on the global Hog Production and Pork market finds that the global Hog Production and Pork market reached a value of USD 282078.0 million in 2022. It’s expected that the market will achieve USD 304313.0 million by 2028, exhibiting a CAGR of 1.27% during the forecast period.
Limitations
Jewish and Muslim are forbiden to eat pork, due to the religions factors. It is a huge limitation for pork sale in Jewish and Muslim countries, espacially in Middle East and Southeast Asia.
Pigs, as a poultry, is easily to prone to large-scale infectious diseases. Once an infectious disease breaks out, it can cause a devastating blow to the farmer. All infected poultry may be forced to kill to prevent the spread of the disease on a larger scale.
As health problems become more prominent, people are more likely to eat high-protein, low-fat, and low-cholesterol foods, such as beef, chicken breast, and shrimp. More people choose veganism.
Region Overview:From 2023-2028, China is estimated to witness robust growth prospects.
Company Overview:WH Group is one of the major players operating in the Hog Production and Pork market, holding a share of 4.51% in 2019.
WH Group Limited, an investment holding company, engages in the production, wholesale, and retail sale of meat products in China, the United States, and internationally. It operates through Packaged Meats, Fresh Pork, Hog Production, and Others segments. The company offers smoked and boiled hams, bacons, sausages, hot dogs, deli, and luncheon meats; specialty products comprising pepperoni, dry meat products, and ready-to-eat products; and prepared foods, such as pre-cooked entrees, bacons, and sausages primarily under the Smithfield, Eckrich, Farmland, Armour, Cook's, Gwaltney, John Morrell, Kretschmar, Curly's, Carando, Margherita, and Healthy Ones brands. It is also involved in the slaughtering, wholesale, and retail sale of fresh and frozen meat; and hog farming activities. In addition, the company engages in the manufacture and sale of packaging materials; provision of logistics services; operation of a chain of retail grocery stores; production of flavoring ingredients and natural casings; slaughtering and sale of poultry; and sale of imported meat and meat related products, and biological pharmaceutical materials. Further, it is involved in the livestock breeding and slaughtering activities.
Leverandørselskabet Danish Crown AmbA, together with its subsidiaries, operates as a meat processing company in Denmark and internationally. The company offers pork, beef, veal, and organic meat products; and packages fresh meat. It also provides cold cuts, bacon, meatballs, cold meat, sausages, soups, salami, ready-meals, and canned products under the Tulip–PåLæ kker and Livretter, Mou, GØL, Steff-Houlberg, Den Grønne Slagter, Danepak, Tulip, Plumrose, and Celebrity brands; and distributes and sells meat and poultry products. In addition, the company produces and sells natural and artificial casings and ingredients, and food and feed grade ingredients; manufactures machinery; and processes and sells hides to tanning companies. Further, it provides organic beef and pork under the brands of Friland Organic, Friland Free Range Pork, Friland Beef, and Friland Limousin Beef; and supplies meat for private label and butcher's shops, as well foodservice and processing companies. Additionally, the company trades in and freights live pigs; freights dead animals, abattoir offal, and fat and deep fat for processing. Further, it is involved in the slaughtering of pig and cattle; and production of processed meat products; Leverandørselskabet Danish Crown AmbA is headquartered in Randers, Denmark.
Key Companies in the global Hog Production and Pork market covered in Chapter 3:WH Group
Wens Foodstuff Group
Vion
Danish Crown
JBS
Yurun
Hormel Foods
Tönnies
Tyson Foods
Coren
Zhongpin Food
Grup Batallé
In Chapter 4 and Chapter 14.2, on the basis of types, the Hog Production and Pork market from 2018 to 2029 is primarily split into:Fresh
Processed
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Hog Production and Pork market from 2018 to 2029 covers:Food Processing Industry
Food Service Providers
Household/ Retail
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)