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Processed Pork Meat Market Size

The processed pork meat market is experiencing moderate growth, driven by increasing global demand and changing consumer habits. The market's expansion is supported by the rising popularity of processed pork products, such as sausages and bacon, particularly in the foodservice sector. The Asia-Pacific region holds a significant portion of the market share, with China leading in per capita consumption. Europe follows as a major consumer, with diverse culinary traditions incorporating pork. The shift towards online grocery shopping and the growing working population are further propelling the market's growth trajectory.

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Market Size of processed pork meat Industry

Processed Pork Meat Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 67.33 Billion
svg icon Market Size (2029) USD 74.59 Billion
svg icon Largest Share by Distribution Channel On-Trade
svg icon CAGR (2024 - 2029) 2.07 %
svg icon Largest Share by Region Asia-Pacific
svg icon Market Concentration Low

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Processed Pork Meat Market Analysis

The Processed Pork Meat Market size is estimated at 67.33 billion USD in 2024, and is expected to reach 74.59 billion USD by 2029, growing at a CAGR of 2.07% during the forecast period (2024-2029).

67.33 Billion

Market Size in 2024 (USD)

74.59 Billion

Market Size in 2029 (USD)

2.40 %

CAGR (2017-2023)

2.07 %

CAGR (2024-2029)

Largest Segment by Distribution Channel

58.46 %

value share, On-Trade, 2023

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The increasing number of restaurants, mainly fast-food channels and the varieties of pork items available are leading a higher number of consumers to visit on-trade channels.

Largest Segment by Region

51.34 %

value share, Asia-Pacific, 2023

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Improved economic development in the South-Asian region has expanded their access to high-quality goods as well as their spending power, leading to a rise in demand for pork.

Fastest-growing Segment by Distribution Channel

2.48 %

Projected CAGR, Off-Trade, 2024-2029

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The availability of a wide range of products with several brand options for processed pork and the ease of free checkout and delivery options are aiding the segmental growth.

Fastest-growing Segment by Region

5.17 %

Projected CAGR, Africa, 2024-2029

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More international pork products, like smoked pork and sausages, are now available in the region as a result of the growing ex-pat population from Western and Asian countries.

Leading Market Player

7.14 %

market share, Tyson Foods Inc., 2022

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The company's broad product line of processed pork caters to both on-trade as well as off-trade channel and its greater market penetration, makes it the market leader.

Product innovation and expansion through supermarkets are propelling the market growth

  • Sales of processed pork meat are primarily made through the on-trade channel, which is the primary market segment. It registered a growth of 8.16% by value from 2020 to 2022. Pork is particularly popular in the foodservice sector, used in bacon burgers and fast-food breakfasts. Restaurants are also introducing more dishes featuring pork belly, pork shoulder, pulled pork, and better chop cuts. Foreign demand for pork is also increasing, especially in markets such as Mexico, China, the United States, and Japan. These regions have well-established pork industries and consume a substantial amount of processed pork products like sausages, ham, and bacon.
  • Off-trade is the fastest-growing channel in the processed pork market, which is projected to record a CAGR value of 2.49% during the forecast period. Key players such as JBS SA, Tyson Foods, Conagra Brands Incorporated, WH Group Limited, and Hormel Foods Corporation focus on product innovation and expansion through various retail channels, such as supermarkets and online stores. The growing working population is changing consumer food habits and spending patterns, whereas busy lifestyles are increasing the demand for processed pork.
  • Online is the fastest-growing distribution channel in the processed pork market. It is projected to register a growth of 7.63% by value during the forecast period. Online grocery purchasing is highly sought after worldwide. The major international companies, including Walmart, Kroger, Amazon Fresh, and Grofers, focus on growing their current customer bases. They are extensively engaging in promotional efforts, boosting the growth of the online grocery market. They also provide specific product information, such as sourcing, certifications, processing, and manufacturing procedures.
Global Processed Pork Meat Market

Asia-Pacific region occupies a significant market share

  • The sales of processed pork meat worldwide are growing moderately. The increase in the population, growing at 0.83% across the world in 2022 compared to the previous year, and the spike in protein demand due to increased health consciousness are fueling processed pork demand across the world. The demand for ready-to-eat food options has contributed to the sales and consumption of processed pork. Processed pork products are often found on convenience store shelves as convenient, on-the-go meal options.
  • The Asia-Pacific region occupied a significant market share of processed pork sales in 2022. Most processed pork is consumed in China, with the highest per capita consumption of 24.29 kg per annum recorded in 2022. The country also has one of the world's largest populations, at 1.43 billion as of 2022, accounting for 50% of pork and processed pork meat consumption in the world. The rest of the countries in the Asia-Pacific are also increasing pork consumption due to higher disposal incomes and the increasing urban population. An increase in feed availability in Asian countries is attracting new poultry farms, which are, in turn, attracting pork processing industries.
  • Europe is the second-leading region in the consumption of pork globally. The region produced 22.1 million tons of pork in 2022. Germany, Poland, and Spain are the major pork-producing countries in the region. European cuisines are diverse and rich in pork-based traditional recipes and are key ingredients in iconic dishes like German bratwurst, French charcuterie, Italian prosciutto, Spanish chorizo, and British bacon. Pork is prohibited in the Middle East region. Only a few authorized supermarkets and restaurants in the UAE and Oman are licensed to sell pork in the region.

Processed Pork Meat Industry Segmentation

Off-Trade, On-Trade are covered as segments by Distribution Channel. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.

  • Sales of processed pork meat are primarily made through the on-trade channel, which is the primary market segment. It registered a growth of 8.16% by value from 2020 to 2022. Pork is particularly popular in the foodservice sector, used in bacon burgers and fast-food breakfasts. Restaurants are also introducing more dishes featuring pork belly, pork shoulder, pulled pork, and better chop cuts. Foreign demand for pork is also increasing, especially in markets such as Mexico, China, the United States, and Japan. These regions have well-established pork industries and consume a substantial amount of processed pork products like sausages, ham, and bacon.
  • Off-trade is the fastest-growing channel in the processed pork market, which is projected to record a CAGR value of 2.49% during the forecast period. Key players such as JBS SA, Tyson Foods, Conagra Brands Incorporated, WH Group Limited, and Hormel Foods Corporation focus on product innovation and expansion through various retail channels, such as supermarkets and online stores. The growing working population is changing consumer food habits and spending patterns, whereas busy lifestyles are increasing the demand for processed pork.
  • Online is the fastest-growing distribution channel in the processed pork market. It is projected to register a growth of 7.63% by value during the forecast period. Online grocery purchasing is highly sought after worldwide. The major international companies, including Walmart, Kroger, Amazon Fresh, and Grofers, focus on growing their current customer bases. They are extensively engaging in promotional efforts, boosting the growth of the online grocery market. They also provide specific product information, such as sourcing, certifications, processing, and manufacturing procedures.
Distribution Channel
Off-Trade
Convenience Stores
Online Channel
Supermarkets and Hypermarkets
Others
On-Trade
Region
Africa
By Distribution Channel
By Country
Egypt
Nigeria
South Africa
Rest of Africa
Asia-Pacific
By Distribution Channel
By Country
Australia
China
India
Indonesia
Japan
Malaysia
South Korea
Rest of Asia-Pacific
Europe
By Distribution Channel
By Country
France
Germany
Italy
Netherlands
Russia
Spain
United Kingdom
Rest of Europe
Middle East
By Distribution Channel
By Country
Rest of Middle East
North America
By Distribution Channel
By Country
Canada
Mexico
United States
Rest of North America
South America
By Distribution Channel
By Country
Argentina
Brazil
Rest of South America
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Processed Pork Meat Market Size Summary

The processed pork meat market is experiencing steady growth, driven by increasing consumer demand for convenient and ready-to-eat food options. The market is primarily fueled by the on-trade channel, with significant sales occurring in the foodservice sector, where pork is a popular ingredient in various dishes. The off-trade channel, particularly online grocery shopping, is emerging as the fastest-growing distribution channel, reflecting changing consumer habits and the rise of e-commerce. Key players in the industry, such as JBS SA, Tyson Foods, and Hormel Foods, are focusing on product innovation and expanding their presence through diverse retail channels to cater to the growing working population's demand for processed pork products.

Regionally, the Asia-Pacific area holds a significant share of the processed pork market, with China leading in both consumption and production. The region's increasing urbanization and rising disposable incomes are contributing to higher pork consumption. Europe follows as a major consumer, with countries like Germany, Poland, and Spain being significant producers. The global pork industry faces challenges such as fluctuating prices and supply chain issues, exacerbated by factors like the African Swine Fever outbreak and geopolitical tensions. Despite these challenges, the market remains fragmented, with major companies continuously expanding their production capacities to meet the rising demand.

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Processed Pork Meat Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD, Forecasts up to 2029 and analysis of growth prospects)

    1. 1.1 Distribution Channel

      1. 1.1.1 Off-Trade

        1. 1.1.1.1 Convenience Stores

        2. 1.1.1.2 Online Channel

        3. 1.1.1.3 Supermarkets and Hypermarkets

        4. 1.1.1.4 Others

      2. 1.1.2 On-Trade

    2. 1.2 Region

      1. 1.2.1 Africa

        1. 1.2.1.1 By Distribution Channel

        2. 1.2.1.2 By Country

          1. 1.2.1.2.1 Egypt

          2. 1.2.1.2.2 Nigeria

          3. 1.2.1.2.3 South Africa

          4. 1.2.1.2.4 Rest of Africa

      2. 1.2.2 Asia-Pacific

        1. 1.2.2.1 By Distribution Channel

        2. 1.2.2.2 By Country

          1. 1.2.2.2.1 Australia

          2. 1.2.2.2.2 China

          3. 1.2.2.2.3 India

          4. 1.2.2.2.4 Indonesia

          5. 1.2.2.2.5 Japan

          6. 1.2.2.2.6 Malaysia

          7. 1.2.2.2.7 South Korea

          8. 1.2.2.2.8 Rest of Asia-Pacific

      3. 1.2.3 Europe

        1. 1.2.3.1 By Distribution Channel

        2. 1.2.3.2 By Country

          1. 1.2.3.2.1 France

          2. 1.2.3.2.2 Germany

          3. 1.2.3.2.3 Italy

          4. 1.2.3.2.4 Netherlands

          5. 1.2.3.2.5 Russia

          6. 1.2.3.2.6 Spain

          7. 1.2.3.2.7 United Kingdom

          8. 1.2.3.2.8 Rest of Europe

      4. 1.2.4 Middle East

        1. 1.2.4.1 By Distribution Channel

        2. 1.2.4.2 By Country

          1. 1.2.4.2.1 Rest of Middle East

      5. 1.2.5 North America

        1. 1.2.5.1 By Distribution Channel

        2. 1.2.5.2 By Country

          1. 1.2.5.2.1 Canada

          2. 1.2.5.2.2 Mexico

          3. 1.2.5.2.3 United States

          4. 1.2.5.2.4 Rest of North America

      6. 1.2.6 South America

        1. 1.2.6.1 By Distribution Channel

        2. 1.2.6.2 By Country

          1. 1.2.6.2.1 Argentina

          2. 1.2.6.2.2 Brazil

          3. 1.2.6.2.3 Rest of South America

Processed Pork Meat Market Size FAQs

The Global Processed Pork Meat Market size is expected to reach USD 67.33 billion in 2024 and grow at a CAGR of 2.07% to reach USD 74.59 billion by 2029.

In 2024, the Global Processed Pork Meat Market size is expected to reach USD 67.33 billion.

Processed Pork Meat Market Report Snapshots

Processed Pork Meat Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029