Market Research Report
|Published by||Global Industry Analysts, Inc.||Product code||994313|
|Published||Content info||190 Pages
Delivery time: 1-2 business days
|Published: April 1, 2021||Content info: 190 Pages||
Global Pork Meat Market to Reach 141.9 Million Tons by 2027
Amid the COVID-19 crisis, the global market for Pork Meat estimated at 114.4 Million Tons in the year 2020, is projected to reach a revised size of 141.9 Million Tons by 2027, growing at aCAGR of 3.1% over the period 2020-2027. Processed Pork Meat, one of the segments analyzed in the report, is projected to record 3.4% CAGR and reach 87.6 Million Tons by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Fresh Pork Meat segment is readjusted to a revised 2.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at 31 Million Tons, While China is Forecast to Grow at 5.1% CAGR
The Pork Meat market in the U.S. is estimated at 31 Million Tons in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 27.7 Million Tons by the year 2027 trailing a CAGR of 5.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 2.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.4% CAGR.
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