The Pork Meat Global Market Report 2023 by The Business Research Company, provides pork meat market overview 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.
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According to The Business Research Company’s Pork Meat Global Market Report 2023, the market size is expected to grow from $346.40 billion in 2022 to $377.80 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. 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 market size of pork meat is expected to reach $526.02 billion in 2027 at a CAGR of 8.6%.
The growing food and beverage industry is expected to drive the growth of the pork meat market in the coming years. The food and beverage sector encompasses all businesses involved in the processing, packaging, and distribution of raw food materials. This includes both fresh and packaged foods, as well as alcoholic and non-alcoholic beverages. Pork is a good source of high-quality protein, which is an important nutrient for human health. Once consumed, it includes large levels of amino acids.
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The pork meat market is segmented:
1) By Meat Form: Chilled, Frozen, Canned/Preserved
2) By Packaging: Store Wrap, Modified Atmosphere Packaging, Vacuum Packaging, Shrink Bags
3) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels
Plant-based pork meat is a key trend gaining the popularity in the pork meat market. Plant-based pork is a pig replacement created with heme (or ""haem"" in British English), an iron-containing molecule obtained from plants that resemble blood. In recent years, a growing amount of data has linked meat consumption to ailments such as heart disease, cancer, and diabetes. So, people can reduce their weekly pork intake by introducing plant-based foods into their diet, boosting their overall health in the process. For example, 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 pork meat market report table of contents includes:
1. Executive Summary
2. Pork Meat Market Characteristics
3. Pork Meat Market Trends And Strategies
4. Pork Meat Market – Macro Economic Scenario
5. Pork Meat Market Size And Growth
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26. Africa Pork Meat Market
27. Pork Meat Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Pork Meat Market
29. Pork Meat Market Future Outlook and Potential Analysis
30. Appendix
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The new research report titled "Pork Luncheon Meat Market, Global Industry Analysis, and Forecast to 2027" gives a detailed analysis and future forecasts of the market.
The report highlights the significant players, including market size, share, and demand, development.
This report further covers the latest trends, technological advancements, and growth opportunities.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the pork luncheon meat market include Hormel Foods, Danish Crown (Tulip), Zwanenberg Food Group, Conagra Brands, San Miguel, CDO Foodsphere, Golden Bridge Foods, Lotte Foods, Shanghai Maling Aquarius, Tianjin Great Wall, Guangzhou Eagle Coin, Gulong FoodsS.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Pork Luncheon Meat Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/pork-luncheon-meat-market/download-sampleMarket DynamicsThe increasing demand for ready-to-eat and ready-to-cook meat products with outstanding quality, taste, affordability, and shelf life will be the key trend stimulating this market’s growth.
Growing consumer awareness and acceptance regarding the convenience of canned meat products is an essential factor in facilitating the market growth.
The in-depth market estimation of various opportunities in the segments is expressed in volumes and revenues during the forecast period 2020 – 2030.
These are covered in numerous sections, including, drivers and restraints, challenges and opportunities, regional segmentation and opportunity assessment, end-use/application prospects analysis, and competitive landscape assessment.
However, the market is anticipated to regain traction post pandemic with safety guidelines instituted at facilities.
The market is expected to witness modest growth at a CAGR of nearly 4% during 2020-2030, with demand is projected to revive during the third quarter of 2020.Key stakeholders in the Processed Meat market including industry players, policymakers, and investors in various countries have been continuously realigning their strategies and approaches to implement them in order to tap into new opportunities.
Many in recent months have overhauled their strategies to remain agile in the backdrop of worldwide disruptions caused by the COVID-19 pandemic.
Request to View Sample of Research Report @ https://www.factmr.com/connectus/sample?flag=S_id=2360The study also offers scrutiny of the changing government policies amid COVID-19 disruptions.
‘Meat supply chain blockchain – a robust technology powering up the meat supply chain business operations’The production of meat is widespread all across the globe since we people love to eat meat and meat products on a large scale.With the consistently rising demand for the meat products, the market for the meat supply chains has grown up to the mark in the industry in the recent times.
This trend has emphasized the need for having safety and quality assurance, end-to-endtraceability and transparencywith the meat products being sold out in the market.
Simultaneously as the demand grows, the cost of the meat products keep on increasing every single day.As a result, the customers are increasingly going out for searching the details of the product flow in the supply chain cycle right from the origin to the table before buying and consuming them.
They need to get renovated yet in a lot of ways so as to meet those industry and customer needs and which could be made possible with the integration of potential technologies like blockchain.Blockchain for meat industry stands out in every arena of the meat supply chains today in carrying out the best results ever.
Such an unethical procedure of product mislabelling is what actually the counterfeiting challenge that todays’ supply chain businesses have been going through a lot.
Hence there seems to be a variety of complexities coming up the way and which are undeniable and reluctant to handle.Yet, we have some powerful technologies like blockchain in hand, which make the entire processes associated with the supply chain cycles simple and elegant.
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