China Processed Meat Market Trends

Pork is one of the most commonly consumed red meat that is often consumed unprocessed. However, cured or preserved pork products are also widely consumed. The trend of chilled and frozen pork products is also boosting the market studied. In line with this trend, several chilled processed red meat products, including Classical German Bacon, Tasty Pork Shank, and Black Pepper Pork Chop, have been introduced into the market for this early new trend, which makes the sales of processed meat on the rise. However, the African swine fever epidemic ravaged pig herds resulting in a 14% rise in pork prices. The rising pork prices are expected to trigger a ripple effect throughout China's economy, as it is importing pork from European Union, Brazil, Canada, and the United States, to meet the domestic demand as it is the country's essential meat. However, despite the impact of African swine fever in 2019 and the sudden outbreak of covid-19 in China, the consumption of meat products is showing no sign of reducing. China can be considered by some margin as the world's largest consumer of meat.