Market Overview:
The global pork belly meat market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for pork belly meat due to its high nutritional value, increasing population and growing disposable income of consumers in developing countries. In addition, the increasing trend of eating out is also propelling the demand for pork belly meat in restaurants and hotels. However, stringent regulations on pig farming in some regions are restraining the growth of this market. On the basis of type, fresh pork belly meat dominates the global market and is expected to grow at a CAGR of 5.7% during 2018-2030 owing to its high nutritional value and longer shelf life as compared to frozen or processed pork bellies. Frozen pork bellies are projected to be second largest segment with a CAGR of 5%.
Product Definition:
Pork belly is a type of meat that comes from the pig's lower abdomen. It is often used in cooking, especially in Asian cuisine. Pork belly meat is considered a delicacy, and it is important for its flavor and texture.
Fresh:
Fresh is a raw and unprocessed form of meat, which is obtained from the pork bellies. It has been observed that in the developed countries such as U.S., Germany, France and Japan; there has been an increase in demand for fresh meat over processed products.
Frozen:
Frozen pork is a type of meat that has been stored at extremely low temperatures to slow down the natural processes of decay and putrefaction. The meat is usually cut into portions, wrapped in plastic film, and then frozen. It can be cooked as it is or used in various recipes that require frozen meat such as pies, sausages, etc.
Application Insights:
Supermarkets and malls was the largest application segment in 2017, accounting for over 60.0% share of the global pork belly meat market. The segment is expected to witness significant growth on account of rising consumer disposable income coupled with increasing spending on food and meals out at restaurants and fast-food joints across various regions globally.
The use of pork belly meat as a ingredient in preparing several traditional European dishes has been popularized by chefs from Europe who have migrated to North America and other parts of the world, thereby driving product demand worldwide. In addition, supermarkets are increasingly including more variety in their offerings by including exotic cuts such as bacon collar bone or blade roast which is further likely to propel industry expansion over the forecast period.
Regional Analysis:
North America was the largest market, accounting for a share of more than 30.0% in 2017. The U.S., being the largest consumer of pork products is expected to remain a key market for pork belly meat over the forecast period.
Asia Pacific is projected to be one of the fastest-growing markets with a CAGR exceeding 6% during the forecast period owing to high demand from India and China on account of changing food habits and growing disposable income levels in these countries.
Growth Factors:
- Increasing demand for pork belly meat from the foodservice industry as it is considered a delicacy.
- Rising disposable income of consumers in developing countries, which will lead to an increase in demand for pork belly meat products.
- Growing popularity of bacon and other processed pork belly meat products among consumers worldwide.
- Technological advancements that have made it possible to produce leaner and healthier pork belly meat products with fewer calories and fat content.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pork Belly Meat Market Research Report
By Type
Fresh, Frozen, Others
By Application
Supermarkets and malls, Restaurants and Hotels, Meat Markets, Schools and Institutions, Others
By Companies
Tyson Foods Inc., JBS USA Holdings Inc., SYSCO Corp., Smithfield Foods Inc., Hormel Foods Corp., Butterball LLC, CP Group, JBS S.A., BRF, Wen's Food Group, LDC, Vall Companys Grupo, Cooperl Arc Atlantique, WH Group, Nonghyup Agribusiness, Seaboard Corp., The Maschoffs, Triumph Foods, Yurun Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Pork Belly Meat Market Report Segments:
The global Pork Belly Meat market is segmented on the basis of:
Types
Fresh, Frozen, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarkets and malls, Restaurants and Hotels, Meat Markets, Schools and Institutions, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Tyson Foods Inc.
- JBS USA Holdings Inc.
- SYSCO Corp.
- Smithfield Foods Inc.
- Hormel Foods Corp.
- Butterball LLC
- CP Group
- JBS S.A.
- BRF
- Wen's Food Group
- LDC
- Vall Companys Grupo
- Cooperl Arc Atlantique
- WH Group
- Nonghyup Agribusiness
- Seaboard Corp.
- The Maschoffs
- Triumph Foods
- Yurun Group
Highlights of The Pork Belly Meat Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fresh
- Frozen
- Others
- By Application:
- Supermarkets and malls
- Restaurants and Hotels
- Meat Markets
- Schools and Institutions
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pork Belly Meat Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pork belly meat is a cut of pork that is fatty and has a lot of connective tissue. It's usually roasted or cooked in some way that allows the fat to render out, which gives the pork belly its characteristic crispy texture.
Some of the major players in the pork belly meat market are Tyson Foods Inc., JBS USA Holdings Inc., SYSCO Corp., Smithfield Foods Inc., Hormel Foods Corp., Butterball LLC, CP Group, JBS S.A., BRF, Wen's Food Group, LDC, Vall Companys Grupo, Cooperl Arc Atlantique, WH Group, Nonghyup Agribusiness, Seaboard Corp., The Maschoffs, Triumph Foods, Yurun Group.
The pork belly meat market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pork Belly Meat Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pork Belly Meat Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pork Belly Meat Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pork Belly Meat Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pork Belly Meat Market Size & Forecast, 2018-2028
4.5.1 Pork Belly Meat Market Size and Y-o-Y Growth
4.5.2 Pork Belly Meat Market Absolute $ Opportunity
Chapter 5 Global Pork Belly Meat Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Pork Belly Meat Market Size Forecast by Type
5.2.1 Fresh
5.2.2 Frozen
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pork Belly Meat Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Pork Belly Meat Market Size Forecast by Applications
6.2.1 Supermarkets and malls
6.2.2 Restaurants and Hotels
6.2.3 Meat Markets
6.2.4 Schools and Institutions
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pork Belly Meat Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pork Belly Meat Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Pork Belly Meat Analysis and Forecast
9.1 Introduction
9.2 North America Pork Belly Meat Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Pork Belly Meat Market Size Forecast by Type
9.6.1 Fresh
9.6.2 Frozen
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Pork Belly Meat Market Size Forecast by Applications
9.10.1 Supermarkets and malls
9.10.2 Restaurants and Hotels
9.10.3 Meat Markets
9.10.4 Schools and Institutions
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Pork Belly Meat Analysis and Forecast
10.1 Introduction
10.2 Europe Pork Belly Meat Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Pork Belly Meat Market Size Forecast by Type
10.6.1 Fresh
10.6.2 Frozen
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Pork Belly Meat Market Size Forecast by Applications
10.10.1 Supermarkets and malls
10.10.2 Restaurants and Hotels
10.10.3 Meat Markets
10.10.4 Schools and Institutions
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Pork Belly Meat Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pork Belly Meat Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Pork Belly Meat Market Size Forecast by Type
11.6.1 Fresh
11.6.2 Frozen
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Pork Belly Meat Market Size Forecast by Applications
11.10.1 Supermarkets and malls
11.10.2 Restaurants and Hotels
11.10.3 Meat Markets
11.10.4 Schools and Institutions
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Pork Belly Meat Analysis and Forecast
12.1 Introduction
12.2 Latin America Pork Belly Meat Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Pork Belly Meat Market Size Forecast by Type
12.6.1 Fresh
12.6.2 Frozen
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Pork Belly Meat Market Size Forecast by Applications
12.10.1 Supermarkets and malls
12.10.2 Restaurants and Hotels
12.10.3 Meat Markets
12.10.4 Schools and Institutions
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Pork Belly Meat Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pork Belly Meat Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Pork Belly Meat Market Size Forecast by Type
13.6.1 Fresh
13.6.2 Frozen
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Pork Belly Meat Market Size Forecast by Applications
13.10.1 Supermarkets and malls
13.10.2 Restaurants and Hotels
13.10.3 Meat Markets
13.10.4 Schools and Institutions
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pork Belly Meat Market: Competitive Dashboard
14.2 Global Pork Belly Meat Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tyson Foods Inc.
14.3.2 JBS USA Holdings Inc.
14.3.3 SYSCO Corp.
14.3.4 Smithfield Foods Inc.
14.3.5 Hormel Foods Corp.
14.3.6 Butterball LLC
14.3.7 CP Group
14.3.8 JBS S.A.
14.3.9 BRF
14.3.10 Wen's Food Group
14.3.11 LDC
14.3.12 Vall Companys Grupo
14.3.13 Cooperl Arc Atlantique
14.3.14 WH Group
14.3.15 Nonghyup Agribusiness
14.3.16 Seaboard Corp.
14.3.17 The Maschoffs
14.3.18 Triumph Foods
14.3.19 Yurun Group
