Friday, February 2, 2024

Global Pork Market Report 2024: Growth Rate, Major Segments And Regions

The Pork by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).


Learn More On The Pork Market:
https://www.thebusinessresearchcompany.com/report/pork-global-market-report



According to The Business Research Company’s Pork, The pork market size has grown steadily in recent years. It will grow from $152.13 billion in 2023 to $155.57 billion in 2024 at a compound annual growth rate (CAGR) of 2.3%.  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 $169.49 billion in 2028 at a compound annual growth rate (CAGR) of 2.2%.  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 increase in consumption of meat around the globe is driving the pork market going forward. Meat refers to the meat or other edible components of animals (often domesticated cattle, swine, and sheep) used for food, which may also include tendons, ligaments, and muscles. Pork is an excellent option for meals and consumption since it is an affordable meat to produce, has a high protein content, and is adaptable. For instance, according to OCED (Organization for Economic Co-operation and Development), an intergovernmental organization based in France, the US consumed 10,177.30 thousand metric tons of meat in 2020, which increased to 10,191.61 thousand metric tons in 2021. Therefore, the increase in the consumption of meat across the globe is driving the market for pork.

Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=9726&type=smp


The pork market covered in this report is segmented –

1) By Type: Chilled, Frozen
2) By Packaging: Store Wrap, Modified Atmosphere Packaging, Vacuum Packaging, Srink Bags, Others
3) By Application: Household, Commercial

Product innovations are a key trend gaining popularity in the pork market. Major companies operating in the market are introducing innovative products to sustain their position in the pork market. For instance, in July 2022, Cargill Incorporated, a US-based food company, announced the launch of healthy omega-3 pork in partnership with the EK Slaughterhouse, a Thailand-based pork processing and food service company. As a result, Omega-3 pork is produced on modern farms that use cargill feeding methods that leverage Omega-3-added feed for hogs. It is clean and safe, while still providing the advantages of these unique fatty acids. Many people have tried it, and the sole feedback has been that this pig is more soft than regular pork. EKS is the manufacturer and distributor of this pork for processing facilities to enhance the value chain and supply the Omega-3 pork under its brand via contemporary trade and across supermarkets using the Freshour brand to assist in marketing this revolutionary product and create an additional distribution channel .

The pork market report table of contents includes:
1. Executive Summary

2. Pork Market Characteristics

3. Pork Market Trends And Strategies

4. Pork Market - Macro Economic Scenario

5. Global Pork Market Size and Growth
.
31. Global Pork Market Competitive Benchmarking

32. Global Pork Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Pork Market

34. Pork Market Future Outlook and Potential Analysis

35. Appendix


Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

 

No comments:

Post a Comment

Assistive Technologies For Visually Impaired Market Expansion 2024-2033: Growth Drivers and Dynamics

The assistive technologies for visually impaired global market report 2024 from The Business Research Company provides comprehensive market ...