Research Reports
Hog Production and Pork Market worth US$ 464 Bn by 2027
Hog Production and Pork Market worth US$ 464 Bn by 2027
Published by TMR Research Insights
Posted on August 17, 2021
Global Banking and Finance Review
Company
Published by TMR Research Insights
Posted on August 17, 2021
Pork is the most consumed meat across the world and the trend is set to continue in the near future due to the increase in its demand. According to estimates, at present, there are around one billion pigs in the world.
Over the past few decades, the hog production and pork market has evolved in several ways, particularly in regions such as Latin America and Asia Pacific. Pork production systems have gradually transformed from forest-based to pasture-based, and most recently into specifically designed buildings. At present, the hog production and pork market is witnessing significant developments in its production, owing to the mounting pressure and demand for sustainable production techniques.
With exponential growth in global human population, the demand for hog production and pork meat has witnessed significant growth. Additionally, a significant increase in the disposable income of consumers, coupled with the economic development of various countries of Asia Pacific and Latin America, is expected to positively impact the consumption of pork worldwide.
Strong expertise with attention to detail makes our market research reports stand apart. Download PDF Brochure –
As per the current trends, existing industrialized pork production facilities could pave the way for enhanced and larger production facilities in the near future. The newer production facilities are heading toward a more sustainable production approach. Growing demand for hog and pork meat, adoption of sustainable production methods, and a substantial rise in disposable income are expected to drive the growth of the hog production and pork market during the forecast period (2019-2027). As a result of these factors, the hog production and pork market is projected to reach a market value of ~US$ 464 Bn by the end of 2027.
Asia Pacific Adopting North American and European Production Model
For several years, North America and Europe have been the early adopters of advanced production and farming methods pertaining to hogs and pigs. While industrialized production systems are extensively being adopted in developed regions, production systems across the Asia Pacific are heading in a similar direction.
Request for Covid-19 Impact Analysis on Hog Production and Pork Market:
Despite leading the way, in terms of technology and production capabilities, North America and Europe accounted for a combined share of ~27% of the hog production and pork market in 2018. However, with the Asia Pacific hog production and pork market valuing ~US$ 257 Bn in 2018, the region held a market share of ~66%. The region is likely to remain the most prominent consumer and producer of pork meat during the forecast period.
Buy our Premium Research Report on Hog Production and Pork Market@
The Asia Pacific region is expected to be the largest regional market for hog production and pork, primarily due to high production output and consumption in China. The hog production and pork market in China was valued at ~US$ 213 Bn in 2018, and the trend is projected to continue during the forecast period. Focus on refurbishing breeding farms and epidemic prevention, and favorable government policies are some of the leading factors driving the expansion of the hog production and pork market in China.
More Trending Reports by Transparency Market Research –
Due to rising investments and support from governments, several players operating in the hog production and pork market in Asia Pacific are focusing on enhancing their production capacity, increasing the size of their farms, and developing a stable production and supply chain.
Rise in Number of Swine Flu Cases Globally to Hamper Market
The growing prevalence of African Swine Fever (ASF) across different regions of the world could hinder the growth of the hog production and pork market in the near future. Furthermore, reports suggest that the number of such cases has increased at a rapid pace in developing countries of Asia Pacific, including Cambodia, Vietnam, and Laos. Lack of vaccines and treatment to address ASF is compelling stakeholders in the hog production and pork market to improve their feed production techniques.
Moreover, rise in the number of ASF cases could potentially affect the global hog and pork market, which could lead to significant financial losses of participants of the hog production and pork market landscape. Pig health diagnostics will continue to remain a major challenge for hog and pork meat producers, especially in Asia Pacific.
Analysts’ Viewpoint
The hog production and pork market is expected to expand at a CAGR of ~2% during the forecast period. China is a major producer and consumer, in terms of port meat consumption as well as production. This factor is anticipated to drive the hog production and pork market during the forecast period. Moreover, favorable government policies and efforts to improve the quality of the products are some of the major factors that will propel the hog production and pork market growth in Asia Pacific. Additionally, key players in the hog production and pork market landscape should focus on modernizing their production facilities and preventing epidemic diseases such as the ASF.
Hog Production and Pork Market: Overview
Hog Production and Pork Market Frontrunners
Hog Production and Pork Market: Trends
Hog Production and Pork Market: Strategies
Target Region for Hog Production and Pork Market
Hog Production and Pork Market: Key Players
Food-beverages-Industry battles Tangible Impact of Economic and Cultural changes, Stay Updated on the Latest Trends in food-beverages-market@
https://www.transparencymarketresearch.com/food-beverages-market-reports-4.html
About Us
Transparency Market Research is a global 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. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: [email protected]
Follow Us: Twitter | LinkedIn
Blog: https://tmrblog.com
Pork is the most consumed meat across the world and the trend is set to continue in the near future due to the increase in its demand. According to estimates, at present, there are around one billion pigs in the world.
Over the past few decades, the hog production and pork market has evolved in several ways, particularly in regions such as Latin America and Asia Pacific. Pork production systems have gradually transformed from forest-based to pasture-based, and most recently into specifically designed buildings. At present, the hog production and pork market is witnessing significant developments in its production, owing to the mounting pressure and demand for sustainable production techniques.
With exponential growth in global human population, the demand for hog production and pork meat has witnessed significant growth. Additionally, a significant increase in the disposable income of consumers, coupled with the economic development of various countries of Asia Pacific and Latin America, is expected to positively impact the consumption of pork worldwide.
Strong expertise with attention to detail makes our market research reports stand apart. Download PDF Brochure –
As per the current trends, existing industrialized pork production facilities could pave the way for enhanced and larger production facilities in the near future. The newer production facilities are heading toward a more sustainable production approach. Growing demand for hog and pork meat, adoption of sustainable production methods, and a substantial rise in disposable income are expected to drive the growth of the hog production and pork market during the forecast period (2019-2027). As a result of these factors, the hog production and pork market is projected to reach a market value of ~US$ 464 Bn by the end of 2027.
Asia Pacific Adopting North American and European Production Model
For several years, North America and Europe have been the early adopters of advanced production and farming methods pertaining to hogs and pigs. While industrialized production systems are extensively being adopted in developed regions, production systems across the Asia Pacific are heading in a similar direction.
Request for Covid-19 Impact Analysis on Hog Production and Pork Market:
Despite leading the way, in terms of technology and production capabilities, North America and Europe accounted for a combined share of ~27% of the hog production and pork market in 2018. However, with the Asia Pacific hog production and pork market valuing ~US$ 257 Bn in 2018, the region held a market share of ~66%. The region is likely to remain the most prominent consumer and producer of pork meat during the forecast period.
Buy our Premium Research Report on Hog Production and Pork Market@
The Asia Pacific region is expected to be the largest regional market for hog production and pork, primarily due to high production output and consumption in China. The hog production and pork market in China was valued at ~US$ 213 Bn in 2018, and the trend is projected to continue during the forecast period. Focus on refurbishing breeding farms and epidemic prevention, and favorable government policies are some of the leading factors driving the expansion of the hog production and pork market in China.
More Trending Reports by Transparency Market Research –
Due to rising investments and support from governments, several players operating in the hog production and pork market in Asia Pacific are focusing on enhancing their production capacity, increasing the size of their farms, and developing a stable production and supply chain.
Rise in Number of Swine Flu Cases Globally to Hamper Market
The growing prevalence of African Swine Fever (ASF) across different regions of the world could hinder the growth of the hog production and pork market in the near future. Furthermore, reports suggest that the number of such cases has increased at a rapid pace in developing countries of Asia Pacific, including Cambodia, Vietnam, and Laos. Lack of vaccines and treatment to address ASF is compelling stakeholders in the hog production and pork market to improve their feed production techniques.
Moreover, rise in the number of ASF cases could potentially affect the global hog and pork market, which could lead to significant financial losses of participants of the hog production and pork market landscape. Pig health diagnostics will continue to remain a major challenge for hog and pork meat producers, especially in Asia Pacific.
Analysts’ Viewpoint
The hog production and pork market is expected to expand at a CAGR of ~2% during the forecast period. China is a major producer and consumer, in terms of port meat consumption as well as production. This factor is anticipated to drive the hog production and pork market during the forecast period. Moreover, favorable government policies and efforts to improve the quality of the products are some of the major factors that will propel the hog production and pork market growth in Asia Pacific. Additionally, key players in the hog production and pork market landscape should focus on modernizing their production facilities and preventing epidemic diseases such as the ASF.
Hog Production and Pork Market: Overview
Hog Production and Pork Market Frontrunners
Hog Production and Pork Market: Trends
Hog Production and Pork Market: Strategies
Target Region for Hog Production and Pork Market
Hog Production and Pork Market: Key Players
Food-beverages-Industry battles Tangible Impact of Economic and Cultural changes, Stay Updated on the Latest Trends in food-beverages-market@
https://www.transparencymarketresearch.com/food-beverages-market-reports-4.html
About Us
Transparency Market Research is a global 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. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: [email protected]
Follow Us: Twitter | LinkedIn
Blog: https://tmrblog.com
Explore more articles in the Research Reports category
