PUBLISHER: The Business Research Company | PRODUCT CODE: 1664621
PUBLISHER: The Business Research Company | PRODUCT CODE: 1664621
Pork refers to the flesh of pigs, typically in its fresh state without salting or smoking. Pork is a rich source of iron and zinc, essential vitamins, and minerals, along with providing high-quality protein. Lean pork that has undergone minimal processing and thorough cooking can offer several nutritional benefits when incorporated into the diet.
The primary types of pork available in the market are chilled and frozen. Chilled pork denotes food that has been adequately cooled in a refrigerator but has not been frozen. Proper chilling typically occurs within the temperature range of 33°F to 42°F. Various packaging types for pork include store wrap, modified atmosphere packaging, vacuum packaging, shrink bags, and others. Pork is utilized by both households and commercial establishments.
The pork market research report is one of a series of new reports from The Business Research Company that provides pork market statistics, including pork industry global market size, regional shares, competitors with a pork market share, detailed pork market segments, market trends and opportunities, and any further data you may need to thrive in the pork industry. This pork market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The pork market size has grown steadily in recent years. It will grow from $154.53 billion in 2024 to $157.78 billion in 2025 at a compound annual growth rate (CAGR) of 2.1%. The growth in the historic period can be attributed to population growth and urbanization, changing dietary preferences, economic development, cultural and culinary practices, livestock farming practices.
The pork market size is expected to see steady growth in the next few years. It will grow to $173.85 billion in 2029 at a compound annual growth rate (CAGR) of 2.5%. The growth in the forecast period can be attributed to health and wellness trends, sustainable farming practices, dietary shifts and alternative proteins, global food security, crisis resilience. Major trends in the forecast period include plant-based and alternative proteins, digital marketing and e-commerce, environmental and animal welfare considerations, global culinary influences, nutritional innovation.
The rising global consumption of meat is expected to propel the growth of the pork market in the future. Meat refers to the edible components of animals, typically including domesticated cattle, swine, and sheep, and may also encompass tendons, ligaments, and muscles. Pork is a popular choice for meals due to its affordability, high protein content, and versatility. For example, in February 2023, Dezan Shira & Associates, a China-based multi-disciplinary professional services firm, reported that approximately 92.27 million tons of meat were produced in China in 2022, representing a 3.8% increase from the previous year. Consequently, the growing consumption of meat worldwide is driving demand in the pork market.
The rapid increase in the global population is anticipated to drive the growth of the pork market in the coming years. Population refers to the total number of people, animals, or inhabitants in a specific area, community, country, or the world. A larger population generally results in a bigger consumer base, creating new market opportunities for pork producers and encouraging them to boost production to meet the growing demand. For example, in June 2024, the United Nations High Commissioner for Refugees, a Switzerland-based UN agency, reported that the number of displaced individuals reached 117.3 million by the end of 2023, reflecting an 8% increase, or 8.8 million more people, compared to the end of 2022. This trend of annual increases has continued for the past 12 years. Thus, the exponential growth of the global population is driving the pork market.
Product innovation is a prominent trend in the pork market, with major companies introducing innovative products to maintain their market position. For instance, in July 2022, Cargill Incorporated launched healthy omega-3 pork in collaboration with EK Slaughterhouse. This pork is produced using modern farming practices, including Cargill's Omega-3-added feed for hogs, resulting in a clean, safe product with enhanced softness compared to regular pork. EK Slaughterhouse is responsible for manufacturing and distributing this pork, utilizing the Freshour brand for marketing and creating additional distribution channels.
Leading companies in the pork market are adopting a strategic partnership approach to reduce the carbon footprint of pork production. In May 2023, BASF SE partnered with Danish Crown to demonstrate that nitrification inhibitors can reduce nitrous oxide emissions by up to 50% during the cultivation of feed crops. The initiative, funded by DLG Group and SEGES Innovation, aims to provide large-scale documentation of the climate impact of BASF's nitrification inhibitors. These substances, added to manure during spreading, have the potential to cut nitrous oxide emissions in half by delaying the transformation of ammonium to nitrate by certain bacteria in the field.
In May 2024, Clemens Food Group, a U.S.-based food processing company, acquired Kunzler & Company Inc. for an undisclosed amount. This acquisition is set to enhance the company's product range and market presence, increasing production capacity and operational efficiency. It represents a strategic move to combine strengths and deliver improved products and services while expanding its reach. Kunzler & Company Inc. is a U.S.-based meat packaging company that specializes in processing various types of meat, including pork.
Major companies operating in the pork market include JBS SA, Tyson Foods Inc., Danish Crown A/S, Vion Food Group Ltd., WH Group Limited, Hormel Foods Corporation, Muyuan Foods Co. Ltd., China Yurun Food Group Co. Ltd., Craig Mostyn Group, The Tonnies Group, Monogram Food Solutions LLC, Cargill Inc., Smithfield Foods Inc., Seaboard Foods LLC, Triumph Foods LLC, Prestage Farms Inc., The Maschhoffs LLC, Clemens Food Group LLC, Indiana Packers Corporation, Hatfield Quality Meats Inc., Johnsonville Sausage LLC, Maple Leaf Foods Inc.
Asia-Pacific was the largest region in the pork market in 2024. The regions covered in the pork market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the pork market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The pork market consists of sales of bacon, ham, pork belly, pork ribs, pork steak, and pork tenderloin. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Pork Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on pork market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for pork ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The pork market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.