Pork Meat Market Key Players Analysis | New Trends | Rising Demand | Strong CAGR Value Of Nearly 8% By Forecast 2032 - Bridgford Foods Corporation, China Yurun Food Group Limited, Cranswick plc

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Pork Meat Global Market Report 2023 the growing food and beverage industry as the major driver for the pork meat market's growth in the forecast period. The food and beverage sector encompasses all businesses involved in the processing, packaging, and distribution of raw food materials. This includes both fresh and packaged foods, as well as alcoholic and non-alcoholic beverages. Pork is a good source of high-quality protein, which is an important nutrient for human health. Once consumed, it includes large levels of amino acids. For instance, in March 2022, according to the Australian Bureau of Statistics report, an Australia-based independent statutory agency for statistical collection and analysis, approximately 14.7 million tonnes of food and non-alcoholic beverages were sold from grocery stores, supermarkets, convenience stores, food stores, and fresh food markets across that Australia in the year 2020-2021, which represents 1.4% increased as compared to the previous year.

The global pork meat market size is expected to grow from $346.40 billion in 2022 to $377.80 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The pork meat market is expected to reach $526.02 billion in 2027 at a CAGR of 8.6%.

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Major competitors in the pork meat market are Bridgford Foods Corporation, China Yurun Food Group Limited, Cranswick plc, Danish Crown, Smithfield Foods Inc., JBS S.A., Tönnies Holding, Tyson Foods Inc.

A key trend in the pork meat market includes plant-based pork meat. Plant-based pork is a pig replacement created with heme (or "haem" in British English), an iron-containing molecule obtained from plants that resemble blood. In recent years, a growing amount of data has linked meat consumption to ailments such as heart disease, cancer, and diabetes. So, people can reduce their weekly pork intake by introducing plant-based foods into their diet, boosting their overall health in the process.

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The pork meat market is segmented -

• By Meat Form: Chilled, Frozen, Canned/Preserved

• By Packaging: Store Wrap, Modified Atmosphere Packaging, Vacuum Packaging, Shrink Bags

• By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the pork meat market.

The Business Research Company's "Global Pork Meat Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Pork Meat Market Include:
1. Executive Summary
2. Pork Meat Market Characteristics
3. Pork Meat Market Trends And Strategies
4. Pork Meat Market - Macro Economic Scenario
5. Pork Meat Market Size And Growth
……………
27. Pork Meat Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Pork Meat Market
29. Pork Meat Market Future Outlook And Potential Analysis
30. Appendix

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