The Pork Global Market Report 2023, provides comprehensive information on the pork market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Pork Market’s Growth:
https://www.thebusinessresearchcompany.com/report/pork-global-market-report
The global pork market size is expected to grow from $162.55 billion in 2022 to $173.36 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. 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 global pork market size is expected to reach $191.86 billion in 2027 at a CAGR of 2.6%.
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Product innovations are a key trend gaining popularity in the pork market. Major companies operating in the market are introducing innovative products to sustain their position in the pork market. For instance, in September 2020, Impossible Foods, a US-based company that produces plant-based substitutes for meat products, launched plant-based pork ‘Impossible Sausage’ in Hong Kong. The transition to a plant-based food system is speeding up for consumers. In Asia, where pork dominates the meat industry, after being produced at home for more than two years, Impossible Sausage made its debut in Hong Kong. OmniPork, a Thailand-based a foodtech company introduced its imitation pork product at grocery stores and eateries all across the city.
The pork market is segmented:
1) By Type: Chilled, Frozen
2) By Packaging: Store Wrap, Modified Atmosphere Packaging, Vacuum Packaging, Srink Bags, Others
3) By Application: Household, Commercial
Asia-Pacific was the largest region in the pork market in 2022.
The table of contents in TBRC’s pork market report includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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