Bacon Market worth US$ 40,004.62 million by 2027 - Exclusive Report by The Insight Partners

Global "Bacon Market" size is likely to grow US$ 40,004.62 million by 2027, from US$ 27,419.94 million In 2018, at a CAGR of 4.3% During 2019-2027. The Insight Partners provides key analysis on the global market in a report, titled "Bacon Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Nature (Organic, Conventional); Source (Pork, Beef, Turkey, Chicken); Type (Dry Cured, Immersion Cured, Pumped Bacon); Distribution Channel (Supermarkets and Hypermarkets, Independent Retailers, Food Service, Others); and Geography" Browse Market data Tables and Figures spread through 185 Pages and in-depth TOC on Bacon Market. In this study, 2018 has been considered as the base year and 2019 to 2027 as the forecast period to estimate the market size for Bacon.

Bacon refers to the sides and belly portion of the pig's body that is cured and smoked. Bacon is versatile in terms of cooking and helps in increasing the flavor of dishes. When wrapped around lean meats, it proffers moisture while it is cooked. Development in meat processing technologies and an increase in the demand for meat protein, the bacon market has experienced tremendous growth during the past years.

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The List of Companies - Global Bacon Market

• Applegate Farms, LLC

• Farmland Industries, Inc

• Foster Farms

• Hormel Foods Corporation

• JBS S.A.

• Karro Food Group

• Organic Prairie

• OSI Group

• Smithfield Foods, Inc

• True Story Foods

The bacon market in Asia Pacific is expected to grow at the highest CAGR during the forecast period. The rapid growth of this region is primarily attributed to increase in the middle class population and urbanization that offers several opportunities to the manufacturers of bacon. Due to the ever-increasing disposable income of the middle-income group population, people are willing to pay higher prices for food products, such as bacon and other processed meat products. Changing consumer's taste and preference and upsurge in the demand for processed meat products have also incremented the demand for bacon in the Asia Pacific region. Besides, rising demand for bacon by snack category as a result of the use of bacon in convenience food have also favored the demand for bacon in Asia Pacific region.

Market Insights

Rising preference for convenience food products Is Expected to Fuel Bacon Market Growth

Convenient foods are food products that need less time and effort for preparation. The demand for convenience foods such as tinned or packaged meat products, kinds of bacon, and others is increasing at a faster pace due to changes in social and economic patterns, and rapid urbanization. Additionally, the increasing buying power of the consumers, rising awareness about health foods, and changes in food habits and meal patterns further bolster the demand for convenience food. Convenience food is rapidly gaining popularity among children, teenage, working-class people, and people living in hostels and bachelors. The significant shift of the people towards convenience foods in developed countries such as the US, Canada, Mexico, Germany, France, Italy, and China, among others, is driving the demand for bacon market globally. Bacon is extensively used by individual consumers and by foodservice providers. Bacon offers food service providers, restaurants, and other consumers a simple and easy way to offer a great variety of food options. Therefore, the increasing demand for bacon for the preparation of various recipe is projected to drive market growth.

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Source Insights
Based on source, the bacon market is segmented into pork, beef, turkey, and chicken. The pork segment accounted for the largest market share in 2018. Pork is the culinary name for the meat of domestic pig. Pork bacon has been one of the major contributing sources for the global expansion of the bacon market. In regions such as North and South America, Europe and some countries in the Asia Pacific region, there has been an increasing demand for the pork bacon. The US, Canada, Mexico, Italy, France, Germany, and UK amongst many other countries has experienced a rising demand for the pork market and is estimated to be growing in the coming years. The rising demand for pork bacon in these regions has contributed to the over expansion of the bacon market all over the globe. Flavored pork bacon, such as apple-smoked or peppered, also is available globally. In general, as bacon has a higher fat content and intense smoky flavor, the increasing demand and flavor for pork meat has favored the market globally.

Bacon Market - By Nature
• Organic
• Conventional

Bacon Market - By Source

• Pork
• Beef
• Turkey
• Chicken

Bacon Market - By Type
• Dry Cured
• Immersion Cured
• Pumped Bacon

Bacon Market - By Distribution Channel
• Supermarkets and Hypermarkets
• Independent Retailers
• Food Service
• Others

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TABLE OF CONTENT

1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:

4. Bacon Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Expert Opinion

5. Bacon Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in consumption of animal-derived products
5.1.2 Rising preference for convenience food products
5.2 Market Restraints
5.2.1 Growing health awareness among consumers due to increasing number of lifestyle and chronic diseases
5.3 Market Opportunities:
5.3.1 Development of new products by the market players
5.4 Future Trends:
5.4.1 Usage of bacon in paleo and .. diet
5.5 Impact Analysis of Drivers and Restraints

6. Bacon - Global Market Analysis
6.1 Bacon Market Overview
6.2 Bacon Market -Revenue and Forecast to 2027 (US$ Million)
6.3 Competitive Positioning - Key Market Players

7. Bacon Market Analysis - By Nature
7.1 Overview
7.2 Bacon Market, By Nature (2018 and 2027)
7.3 Organic
7.3.1 Overview
7.3.1.1 Organic: Bacon Market - Revenue, and Forecast to 2027 (US$ Million)
7.4 Conventional
7.4.1 Overview
7.4.1.1 Conventional: Bacon Market - Revenue, and Forecast to 2027 (US$ Million)

8. Bacon Market Analysis - By Source
8.1 Overview
8.2 Bacon Market, By Source (2018 and 2027)
8.3 Pork
8.3.1 Overview
8.3.1.1 Pork: Bacon Market - Revenue, and Forecast to 2027 (US$ Million)
8.4 Beef
8.4.1 Overview
8.4.1.1 Beef: Bacon Market - Revenue, and Forecast to 2027 (US$ Million)
8.5 Turkey
8.5.1 Overview
8.5.1.1 Turkey: Bacon Market - Revenue, and Forecast to 2027 (US$ Million)
8.6 Chicken
8.6.1 Overview
8.6.1.1 Chicken: Bacon Market - Revenue, and Forecast to 2027 (US$ Million)

9. Bacon Market Analysis - By Type
9.1 Overview
9.2 Bacon Market, By Type (2018 and 2027)
9.3 Dry Cured
9.3.1 Overview
9.3.1.1 Dry Cured: Bacon Market - Revenue, and Forecast to 2027 (US$ Million)
9.4 Immersion Cured
9.4.1 Overview
9.4.1.1 Immersion Cured: Bacon Market - Revenue, and Forecast to 2027 (US$ Million)
9.5 Pumped Bacon
9.5.1 Overview
9.5.1.1 Pumped Bacon: Bacon Market - Revenue, and Forecast to 2027 (US$ Million)

10. Bacon Market Analysis - By Distribution Channel
10.1 Overview
10.2 Bacon Market, By Distribution Channel (2018 and 2027)
10.3 Supermarket and Hypermarkets
10.3.1 Overview

10.3.1.1 Supermarkets and Hypermarkets: Bacon Market - Revenue and Forecast to 2027 (US$ Million)
10.4 Independent Retailers
10.4.1 Overview
10.4.1.1 Independent Retailers: Bacon Market - Revenue and Forecast to 2027 (US$ Million)
10.5 Food Service
10.5.1 Overview
10.5.1.1 Food Service: Bacon Market - Revenue and Forecast to 2027 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.1.1 Others: Bacon Market - Revenue and Forecast to 2027 (US$ Million)

…

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