Market Forecast By Type (Chilled, Frozen), By Packaging (Store Wrap, Modified Atmosphere Packaging, Vacuum Packaging, Shrink Bags, Others (Chub and Canned)), By Application (Household, Commercial), By Regions (Asia Pacific, North America, Latin America, Middle East, Africa And Europe) And Competitive Landscape
Product Code: ETC115007 | Publication Date: Sep 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 |
Global Pork Meat Marketย is expected to register growth in the coming time zone. 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 microorganisms. 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. Moreover, in regions such as Middle-East it is strictly prohibited to consume pork products due to some traditional barriers. 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, Global Pork Meat Market is expected to register growth throughout the forecast period 2021-2027.ย Pork is widely adopted as a staple food across the globe. About world's half of the pork is produced & consumed by Asia especially China in particular where urbanization and rising incomes continue to drive pork consumption upward. This is an opportunity for other countries as the world most consuming country like China is looking for more pork products for their domestic consumption and importing more varieties of pork from abroad and providing greater market access to companies due to these countries like the United States, European Union, Brazil, and Chili are seeing boosts in their exports. The Asia pacific accounts for the highest market share in the overall pork market, being the largest producer of pork, Chinaโs pork production trend has a significant impact on the worldโs production of pork and in fact alone can influence the development of world pork production. The European Union with major contributions from Germany, Spain and France is the worldโs second largest producer of pork and the largest exporter. In recent years, Asia pork production is rapidly changing to become more self-sufficient like the Europe and America which are showing upward trends in consumption and production of pork than before and the growth in the consumption would lead to an increased demand for pork. Some Islamic countries in the Middle East imposed a ban on the import and export of the pork meat due to some religious restrictions. Some top companies in the market are the WH Group in China, JBS S.A in Brazil, Smithfield foods in USA, Danish crown in Denmark, Tyson foods in USA etc.
The pork meat market is segmented depending upon type, packaging and application. 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. However, the chilled segment is expected to witness the modest growth due to the fact that consumers often prefer chilled meat over the frozen meat. On the basis of packaging, it is classified into store wrap, modified atmosphere packaging, vacuum packaging, shrink bags, and others. Among those the shrink bags segment accounted for the largest portion of the global pork meat market share, and is estimated to dominate the market under the packaging category, this is because the shrink bags are primarily used in food service industries as they are most suited in keeping perishable items fresh while being transported. On the basis of application, the market is fragmented into household and commercial. Depending on the application, the commercial segment accounted for the highest share, the growth in the commercial application of pork can be directly related to the growing working population and the trend of consuming meals outside homes. On the contrary, the outbreak of corona virus has reduced the demand for pork in commercial establishments due to which the household segment is projected to witness a notable growth rate in the future period. This is attributed to the fact that the household consumption of pork has increased considerably in Asia-Pacific, owing to it being a staple food. Pork is distributed from the pig farm to the final consumer through a meat processor, wholesaler, retailer, recently through online and more frequently through butcher shop. The supply from the farm to the wholesaler takes place in two channels: meat processors and the wholesale market. ย The wholesaler supplies to the retailer. The retailer then supplies the chain store, butcher shop, and restaurant. Therefore, distribution to the final consumer is a 4-5 step process. Most meat by products are distributed by wholesalers in bulk packaging. However, they are distributed to the consumer after retail packaging with wrap and polystyrene boxes. Recently after the outbreak of the pandemic several producers have turned to direct marketing for their pork enterprises by developing and expanding methods to market pork directly to consumers, reason for direct marketing is the growing consumer segment that wants to know the information about the origin and the method used to raise the live stock. In recent times with the widespread use of computers and smart phones, the individual pork producers and producer groups are reaching new consumers using the Internet as more consumers are shopping over the Internet.ย
ย The Global Pork Meat market report thoroughly covers the market by product type, application and regions including Asia Pacific, North America, Latin America, Africa, Middle East and Europe. The Pork Meat market outlook report provides an unbiased and detailed analysis of the on-going Global 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 | |
ย North America Pork Meat Marketย | ย Asia Pacific Pork Meat Marketย |
ย Latin America Pork Meat Marketย | ย Middle East Pork Meat Marketย |
ย Europe Pork Meat Marketย | ย Africa Pork Meat Marketย |
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 Global Pork Meat Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Pork Meat Market Revenues & Volume, 2020 & 2027F |
3.3 Global Pork Meat Market - Industry Life Cycle |
3.4 Global Pork Meat Market - Porter's Five Forces |
3.5 Global Pork Meat Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Global Pork Meat Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.7 Global Pork Meat Market Revenues & Volume Share, By Packaging, 2020 & 2027F |
3.8 Global Pork Meat Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Global Pork Meat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Pork Meat Market Trends |
6 Global Pork Meat Market, 2017-2027 |
6.1 Global Pork Meat Market, Revenues & Volume, By Type, 2017-2027 |
6.2 Global Pork Meat Market, Revenues & Volume, By Packaging, 2017-2027 |
6.3 Global Pork Meat Market, Revenues & Volume, By Application, 2017-2027 |
7 North America Pork Meat Market, 2017-2027 |
7.1 North America Pork Meat Market, Revenues & Volume, By Type, 2017-2027 |
7.2 North America Pork Meat Market, Revenues & Volume, By Packaging, 2017-2027 |
7.3 North America Pork Meat Market, Revenues & Volume, By Application, 2017-2027 |
8 Africa Pork Meat Market, 2017-2027 |
8.1 Africa Pork Meat Market, Revenues & Volume, By Type, 2017-2027 |
8.2 Africa Pork Meat Market, Revenues & Volume, By Packaging, 2017-2027 |
8.3 Africa Pork Meat Market, Revenues & Volume, By Application, 2017-2027 |
9 Latin America Pork Meat Market, 2017-2027 |
9.1 Latin America Pork Meat Market, Revenues & Volume, By Type, 2017-2027 |
9.2 Latin America Pork Meat Market, Revenues & Volume, By Packaging, 2017-2027 |
9.3 Latin America Pork Meat Market, Revenues & Volume, By Application, 2017-2027 |
10 Asia Pacific Pork Meat Market, 2017-2027 |
10.1 Asia Pacific Pork Meat Market, Revenues & Volume, By Type, 2017-2027 |
10.2 Asia Pacific Pork Meat Market, Revenues & Volume, By Packaging, 2017-2027 |
10.3 Asia Pacific Pork Meat Market, Revenues & Volume, By Application, 2017-2027 |
11 Middle East Pork Meat Market, 2017-2027 |
11.1 Middle East Pork Meat Market, Revenues & Volume, By Type, 2017-2027 |
11.2 Middle East Pork Meat Market, Revenues & Volume, By Packaging, 2017-2027 |
11.3 Middle East Pork Meat Market, Revenues & Volume, By Application, 2017-2027 |
12 Europe Pork Meat Market, 2017-2027 |
12.1 Europe Pork Meat Market, Revenues & Volume, By Type, 2017-2027 |
12.2 Europe Pork Meat Market, Revenues & Volume, By Packaging, 2017-2027 |
12.3 Europe Pork Meat Market, Revenues & Volume, By Application, 2017-2027 |
13 Global Pork Meat Market, 2017-2027 |
13.1 Global Pork Meat Market, Revenues & Volume, By Type, 2017-2027 |
13.2 Global Pork Meat Market, Revenues & Volume, By Packaging, 2017-2027 |
13.3 Global Pork Meat Market, Revenues & Volume, By Application, 2017-2027 |
14 Global Pork Meat Market Key Performance Indicators |
15 Global Pork Meat Market - Opportunity Assessment |
15.1 Global Pork Meat Market Opportunity Assessment, By Countries, 2020 & 2027F |
15.2 Global Pork Meat Market Opportunity Assessment, By Type, 2020 & 2027F |
15.3 Global Pork Meat Market Opportunity Assessment, By Packaging, 2020 & 2027F |
15.4 Global Pork Meat Market Opportunity Assessment, By Application, 2020 & 2027F |
16 Global Pork Meat Market - Competitive Landscape |
16.1 Global Pork Meat Market Revenue Share, By Companies, 2020 |
16.2 Global Pork Meat Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |
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