openPR Logo
Press release

Hog Production and Pork Market to Reach a Valuation of ~US$ 464 Bn by 2027: Transparency Market Research

Hog Production and Pork Market: Introduction

A recent study published by Transparency Market Research on the hog production and pork market includes global industry analysis and opportunity assessment for 2019-2027. The global hog production and pork market is expected to be valued at ~US$ ~398 Bn in 2019, which is projected to rise at a CAGR of ~2%, to reach a value of US$ 464 Bn by 2027.

Obtain Report Details:

Pork Industry Growth Favored By Strong Demand Due to Low Cost of Feed

Decade-low cost of feed is one of the key factors, which is driving the hog production and pork market. As the importance of ‘health’ is significant in meat-consuming countries, the demand for hog production is high. In emerging countries, such as India and China, population is rising, especially of the middle class consumers due to which, the demand for pork is increasing. Besides decade-low feed price, rise in demand for nutritional benefits of pork meat is fueling the hog production and pork market. Pork products in packaged form are considered to be more hygienic and of high quality, as they are sold by well-established companies, such as the WH Group in China. In response to the growing consumer demand for healthy processed pork products, these manufacturers are increasingly shifting their focus from shelf-stable processed pork to chilled processed pork.

Request to View Sample Report:

Rise in Demand for Frozen Meat Creates Lucrative Opportunities

The demand for frozen food is increasing rapidly across the globe, due to changes in lifestyle and food habits of consumers. Customers across the globe are anticipated to demand frozen foods, owing to the convenience factor associated with them. Moreover, the demand for frozen foods is predominantly driven by the trend of food traceability by millennial and health conscious consumers. Furthermore, availability of new technologies, such as swift advancements in freezing techniques to extend the lifespan of pork products, along with quality products are driving the sales of frozen pork. Moreover, changing consumer preferences are likely to provide significant growth opportunities to manufacturers in the hog production and pork market to launch products with better appearance, taste, packaging, and flavors. This is expected to fuel the adoption of frozen meat products in the near future.

Consumer Inclination toward Organic Products to Support Market Growth

Consumer preference toward organic products has been increasing. The market sales of certified organic products hit US$ 6.2 Bn in 2015, up by 14% from 2014 in North America.

Rising demand for organic food products is anticipated to be a major contributor to the growth of the hog production and pork market. Organic food products are derived from organically grown ingredients and processed naturally without the addition of any chemical. Organic food products are considered essential and are a popular trend, especially in Europe, Oceania, and North America. The demand for products produced with known ingredients is increasing and thus, the demand for organic products is also rising. Furthermore, consumer awareness regarding health benefits of organic products as well as strong support from local companies for the development of such products are key factors driving the demand for organic pork products.

According to the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS), 2014 Organic Survey released in 2015 shows that around 14,000 certified organic farms in the U.S. sold organic products worth US$ 5.5 Bn in 2014, which is a rise of 72% since 2008
According to FiBL & IFOAM – Organic International’s 2017 report, the global organic food market is estimated to be valued at US$ 80 Bn, and the U.S. accounts for a share of 47%

Contact Us

Transparency Market Research
90 State Street,
Suite 700,
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453

About Us

Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Hog Production and Pork Market to Reach a Valuation of ~US$ 464 Bn by 2027: Transparency Market Research here

News-ID: 1891889 • Views: 145

More Releases from Transparecny Market Research

Fly Ash Market Estimated to Reach Us$ 11,371 Mn By 2026
According to a new report published by Transparency Market Research (TMR) titled 'Fly Ash Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018-2026,' the global fly ash market is estimated to reach US$ 11,371.0 Mn by 2026 and is anticipated to expand at a CAGR of 7.1% during the forecast period. Expansion in the global fly ash market is primarily driven by the growth in end-user industries
Carbon Fiber Market to Reap Voluminous Revenues As Automotive Industry Focuses o …
The demand within the global carbon fiber market has been rising on account of advancements in the domain of chemical research and testing, finds Transparency Market Research. The presence of a stellar industry for studying the properties of carbon-based materials has led to the growth of this market. The heavy reliance of the textiles industry on the supply woven carbon filaments has also played a crucial role in accelerating market
Global Enzymes Market to Reach a Valuation Of ~Us$ 12.2 Bn by 2027
Key Highlights: The global enzymes market was valued at approximately ~US$ 6.4 Bn in 2018 and is anticipated to expand at a CAGR of more than 7% from 2019 to 2027 Rise in demand for enzymes for use in the food & beverages processing application is driving the global enzymes market. North America accounted for a major share of the global enzymes market in 2018. Get Research Report Overview @ In terms of demand,
Global Propane Market to Witness 5% CAGR From 2019 to 2027
As per a recent report by Transparency Market Research, the global propane market is expected to experience a consistent growth over the period of 2019 to 2027. The report mentions the facts that due to widespread application of propane in numerous petrochemical industries, the market shall witness 5% CAGR in the mentioned period of 2019 to 2027. Moreover, post analysis of the market, the experts at Transparency Market Research states

All 5 Releases

More Releases for Organic

Organic Whey Protein -Milk Specialties, NOW Foods, Organic Valley, The Organic P …
Organic Whey Protein Industry Overview: Summary:Excellence consistency maintains by Garner Insights in Research Report in which studies the global Organic Whey Protein market status and forecast, categorizes and Equipment market value by manufacturers, type, application, and region. The Global Organic Whey Protein market Report provides a detailed analysis of the current dynamics of the market with an extensive focus on the secondary research. It also studies current situation of the market estimate,
Organic Bread Improver Market In 2017, the global Organic Bread Improver market size was million US$ and is forecast to million US in 2025, growing at a CAGR of from 2018. The objectives of this study are to define, segment, and project the size of the Organic Bread Improver market based on company, product type, application and key regions. This report studies the global market size of Organic Bread Improver in key regions like North
Organic Baby Food
Future Market Insights (FMI) has released a new report titled, “Organic Baby Food Market - BRIC Industry Analysis and Opportunity Assessment 2015-2020”. According to the report, the global organic baby food market is expected to account for US$ 5.6 Bn by 2020, registering a CAGR of 10.5% during the forecast period. On the other hand, the BRIC organic baby food market is projected to reach US$ 3,528.7 Mn at a
Organic Food & Organic Beverages Market - Fragmented organic ingredients 2025
Global Organic Food and Beverages Market: Overview Organic foods are grown without the use of synthetic additives, chemicals, genetic manipulation, and coloring agents, and need to satisfy the criteria set by the USDA National Organic Program. Organic foods and beverages are in high demand as they are healthy alternative to their traditional counterparts. As the world becomes more aware about the goodness of everything natural and products free from chemicals,
Organic Convenience Food
We are doing more and more for our health and still far too little. Many of us practice sports and pay attention to their diet. That's very good, but you always have to have the time. Unfortunately, not everyone always has the time to cook their food fresh and healthy - then they have to serve a ready meal again. And the result? We hope that there are really no or
Organic baby food
WELCOME TO BUB’S DELIGHT 100% ORGANIC FOOD FOR YOUR BABY OR TODDLER – FREE DELIVERY – Bub’s Delight was passionately founded by French chef Julien Audibert, who recognised a need for fresh, organic food for babies and toddlers in a market unfortunately flooded with ‘quick fix’ meals containing often low nutrition values for the good ones, and chemicals and nasties for the others. The idea that we feed our young children, food that we