World pork market expected to reach US$ 418.27 billion by 2028

Published 2023년 1월 25일

Tridge summary

The global pork market is expected to grow to US$ 418.37 billion by 2028, driven by its popularity as the most widely consumed meat and its accessibility due to being a cheaper source of protein. However, the market faces challenges due to increasing veganism and animal cruelty laws. The growth is attributed to changes in food consumption habits, the expansion of the retail market, and the ease of purchasing packaged pork. The market is also expected to grow due to the demand for organic and clean label products. China, Europe, and the United States are the leading consumers of pork, with China producing over half of the world's pig population. Asia is the largest consumer of pork, with Japan, mainland China, Mexico, Italy, and South Korea being the top five markets for imported pork.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

US market research provider Research and Markets published the report "Global Pork Market: Size, Global Forecast 2023-2028, Industry Trends, Growth, Share, Outlook, Inflation Impact, Company Opportunity Analysis" . The global pork market should move US$ 418.37 billion by 2028, according to the publisher. Pork is the most widely consumed and popular source of meat around the world. The global pork industries are very dynamic and the main source of protein for millions of different crops. Pork is cheaper than any other meat source, which is a significant factor in its high consumption. A significant middle-class population, rising disposable income and changing consumer preferences are driving demand for pork. However, the rise in adoption of veganism and the strict law against animal cruelty law are the main constraints of the global pork market. The growth of the pork market can be attributed to changes in the food consumption pattern of people around the world. In addition, the ...

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