Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Rest of Asia), By Type (Chilled, Frozen), By Packaging (Store Wrap, Modified Atmosphere Packaging, Vacuum Packaging, Shrink Bags, Others (Chub and Canned)), By Application (Household, Commercial) And Competitive Landscape
Product Code: ETC076267 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Asia Pacific Pork Meat Market is expected to register growth in the coming time zone. Pork, the meat of a domestic pig is an excellent source of proteins and nutrients. It is one of the most consumed meat across the world. About one-third of all meat consumed in the world is pork, ahead of beef and chicken. Some of the key drivers for the pork meat market are its year-round availability, higher shelf life due to technological advancements in pork production as the meat is either seasoned or treated with certain chemicals to convert it into processed form which enhances the taste of the pork and also makes the pork less susceptible to micro-organisms. The changes in the food consumption pattern of people all around the world, higher disposable income of households and growing restaurant industry especially fast-food and fast-casual dining where processed meat is preferred over fresh meat strengthens the growth of pork meat market. The expansion of the retail market and easy availability of the product through various sales channel make it convenient for consumers to purchase packaged pork meat also enhances the sales figures and makes way for the market growth. Pork is often a food of choice among people who are trying to gain weight. Some of the restraining factors for processed pork market are growing obesity concerns and government regulations on animal raising and meat processing. However, few challenges such as the rise in the adoption of veganism, implementation of stringent regulations toward animal cruelty, price uncertainty, African swine fever, and more currently the outbreak of COVID-19 pandemic impacting production, consumption, supply chain and reduction in the out-of-home consumption of food restrain the growth of the global pork meat market.
According to 6Wresearch, Asia Pacific (APAC) Pork Meat Market is expected to gain growth potential during the forecast period 2021-2027. Pork is the most popular and widely consumed meat in developing countries and specifically in Asian countries. In the Asia-Pacific region China is capturing a major share of the pork market. This is followed by other Asian countries such as India and Japan. The Asia Pacific is estimated to be one of the remunerative markets for the growth of the pork meat market, and it is estimated to grow in the future period, this is because of the rising awareness to consume high protein diets in emerging economies like India and China are anticipated to lead the growth of the market in this region. Pork production and consumption are very high in China, Vietnam, Indonesia, and India. Pork is highly nutritious meat as it contains high protein, and less fat and cholesterol, as compared to beef and other meat sources. It provides a protein-rich meat source for consumers at a low cost, which makes it an affordable animal meat protein source for consumers in the region. Thereby, boosting the demand for swine feed in the region. The Asia-pacific swine feed is highly concentrated with few large players acquiring major part of the market share.
The major companies that contribute towards the swine feed market are Cargill, ADM Animal Nutrition, Alltech, Charoen Pokphand Foods PCL and New Hope Group. Acquisition, product launch, partnerships, and expansion are the major strategies employed by these companies.
On the basis of type the market is divided into chilled and frozen where the frozen segment is growing rapidly due to increase in consumption of meat, poultry, and seafood. Innovation within the chilled meat categories has increased over the years, and Asia-Pacific has the highest growth potential in this category, globally. Asia-Pacific was the second most active region, globally, in terms of chilled and frozen processed meat categories. It is estimated that the processed pork to be the highest growing segment in Asia pacific region. Pork meat processing is divided into three areas, slaughtering, meat cutting, and further processing. Grinding reduces the meat particle size, and therefore the mixing assures uniformity of chemical composition and protein extraction. Processed pork products include smoked pork, ham, bacon, and sausages which are high in protein and rich in many vitamins and minerals.
The Asia Pacific Pork Meat market report thoroughly covers the market by product type, application and countries including India, China, Australia, Indonesia, Thailand and rest of Asia Pacific. The Pork Meat market outlook report provides an unbiased and detailed analysis of the on-going Asia Pacific Pork Meat market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The market report thoroughly covers the following segments:
Other Key Reports Available:
Reports | |
North America Pork Meat Market | Global Pork Meat Market |
Latin America Pork Meat Market | Middle East Pork Meat Market |
Europe Pork Meat Market | Africa Pork Meat Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific Pork Meat Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Pork Meat Market Revenues & Volume, 2020 & 2027F |
3.3 Asia Pacific Pork Meat Market - Industry Life Cycle |
3.4 Asia Pacific Pork Meat Market - Porter's Five Forces |
3.5 Asia Pacific Pork Meat Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Asia Pacific Pork Meat Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.7 Asia Pacific Pork Meat Market Revenues & Volume Share, By Packaging, 2020 & 2027F |
3.8 Asia Pacific Pork Meat Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Asia Pacific Pork Meat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Pork Meat Market Trends |
6 Asia Pacific Pork Meat Market, 2017 - 2027 |
6.1 Asia Pacific Pork Meat Market, Revenues & Volume, By Type, 2017 - 2027 |
6.2 Asia Pacific Pork Meat Market, Revenues & Volume, By Packaging, 2017 - 2027 |
6.3 Asia Pacific Pork Meat Market, Revenues & Volume, By Application, 2017 - 2027 |
7 China Pork Meat Market, 2017 - 2027 |
7.1 China Pork Meat Market, Revenues & Volume, By Type, 2017 - 2027 |
7.2 China Pork Meat Market, Revenues & Volume, By Packaging, 2017 - 2027 |
7.3 China Pork Meat Market, Revenues & Volume, By Application, 2017 - 2027 |
8 India Pork Meat Market, 2017 - 2027 |
8.1 India Pork Meat Market, Revenues & Volume, By Type, 2017 - 2027 |
8.2 India Pork Meat Market, Revenues & Volume, By Packaging, 2017 - 2027 |
8.3 India Pork Meat Market, Revenues & Volume, By Application, 2017 - 2027 |
9 Japan Pork Meat Market, 2017 - 2027 |
9.1 Japan Pork Meat Market, Revenues & Volume, By Type, 2017 - 2027 |
9.2 Japan Pork Meat Market, Revenues & Volume, By Packaging, 2017 - 2027 |
9.3 Japan Pork Meat Market, Revenues & Volume, By Application, 2017 - 2027 |
10 Australia Pork Meat Market, 2017 - 2027 |
10.1 Australia Pork Meat Market, Revenues & Volume, By Type, 2017 - 2027 |
10.2 Australia Pork Meat Market, Revenues & Volume, By Packaging, 2017 - 2027 |
10.3 Australia Pork Meat Market, Revenues & Volume, By Application, 2017 - 2027 |
11 Indonesia Pork Meat Market, 2017 - 2027 |
11.1 Indonesia Pork Meat Market, Revenues & Volume, By Type, 2017 - 2027 |
11.2 Indonesia Pork Meat Market, Revenues & Volume, By Packaging, 2017 - 2027 |
11.3 Indonesia Pork Meat Market, Revenues & Volume, By Application, 2017 - 2027 |
12 Philippines Pork Meat Market, 2017 - 2027 |
12.1 Philippines Pork Meat Market, Revenues & Volume, By Type, 2017 - 2027 |
12.2 Philippines Pork Meat Market, Revenues & Volume, By Packaging, 2017 - 2027 |
12.3 Philippines Pork Meat Market, Revenues & Volume, By Application, 2017 - 2027 |
13 Malaysia Pork Meat Market, 2017 - 2027 |
13.1 Malaysia Pork Meat Market, Revenues & Volume, By Type, 2017 - 2027 |
13.2 Malaysia Pork Meat Market, Revenues & Volume, By Packaging, 2017 - 2027 |
13.3 Malaysia Pork Meat Market, Revenues & Volume, By Application, 2017 - 2027 |
14 Rest of Asia Pork Meat Market, 2017 - 2027 |
14.1 Rest of Asia Pork Meat Market, Revenues & Volume, By Type, 2017 - 2027 |
14.2 Rest of Asia Pork Meat Market, Revenues & Volume, By Packaging, 2017 - 2027 |
14.3 Rest of Asia Pork Meat Market, Revenues & Volume, By Application, 2017 - 2027 |
11 Asia Pacific Pork Meat Market Key Performance Indicators |
12 Asia Pacific Pork Meat Market - Opportunity Assessment |
12.1 Asia Pacific Pork Meat Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Asia Pacific Pork Meat Market Opportunity Assessment, By Type, 2020 & 2027F |
12.3 Asia Pacific Pork Meat Market Opportunity Assessment, By Packaging, 2020 & 2027F |
12.4 Asia Pacific Pork Meat Market Opportunity Assessment, By Application, 2020 & 2027F |
13 Asia Pacific Pork Meat Market - Competitive Landscape |
13.1 Asia Pacific Pork Meat Market Revenue Share, By Companies, 2020 |
13.2 Asia Pacific Pork Meat Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |