Top 20 Countries with the Highest Pork Consumption

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In this article, we will be analyzing the global pork industry while covering the 20 countries with the highest pork consumption. If you wish to skip our detailed analysis, you can move directly to the Top 5 Countries with the Highest Pork Consumption.

The Global Pork Industry: An Analysis

According to a report by Research and Markets, the global pork market was valued at $254.53 billion in 2022 and is expected to grow to $418.37 billion by 2028, at a compound annual growth rate of 8.6% over the forecasted period.

Region-wise, Asia is the leading pork consumer. The Republic of Korea, Taiwan, and Japan are major markets for pork consumption in this region. Pig meat has been preferred in the East Asian region for a long time due to its taste and fat content. Pork consumption is also high in North America and Europe. Major pork exporters include the United States, Canada, Brazil, and European countries. Japan, mainland China, Mexico, Italy, and South Korea were the major import markets for pork.

Factors driving growth in the global pork industry include growing disposable incomes, a significant middle-class population, and the relative cheapness of pork as compared to other meats. The ease of accessing the retail market for packaged pork meat has also driven the market demand. The need for ready-to-eat and ready-to-cook pork meat products due to the surge in the working population is another trend in the market. Similarly, household pork consumption is high since pork is deemed a rich source of protein and vitamins. Simultaneously, prominent issues facing the global pork industry include a rising inclination towards veganism and the laws against animal cruelty.

Dominant Players in the Market

Companies fulfilling the demand for pork around the world include Tyson Foods, Inc. (NYSE:TSN), JBS S.A. (OTC:JBSAY), and Hormel Foods Corporation (NYSE:HRL).

Tyson Foods, Inc. (NYSE:TSN) is one of the largest global food companies and a recognized leader in protein. The company has a wide variety of products with consistent muscle size, tight trim specifications and reliable yields to meet customer needs worldwide. On November 29, Tyson Foods, Inc. (NYSE:TSN) reported the official opening of a new $300 million fully-cooked food production facility in Danville, Virginia. This plant will be producing almost four million pounds of premium quality, fully-cooked poultry products weekly. It has also created approximately 400 new jobs for the southeastern Virginia region. The Danville facility is one of the most automated company plants to date. Hence, this development reflects the company’s commitment to driving long-term growth and operational efficiency in its business.