Global Pork Protein Market, By Application (Nuggets, Burgers, Meatballs, Sausages, Hot Dogs, Others), Form (Tablets, Powder, Liquid), End-Use (Food & Beverages, Pharmaceutical, Nutraceutical, Personal Care) – Industry Trends and Forecast to 2029.
Pork Protein Market Analysis and Size
The pork protein market is expected to grow significantly in the coming years because of constant changes in people's food consumption patterns all over the world. Furthermore, the expansion of the retail market and the product's easy availability through various sales channels make it convenient for consumers to purchase packaged pork. This helps the sales figures and makes way for market growth.
Data Bridge Market Research analyses that the pork protein market was valued at USD 262.80 million in 2021 and is expected to reach the value of USD 403.32 million by 2029, at a CAGR of 5.50% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Pork Protein Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Application (Nuggets, Burgers, Meatballs, Sausages, Hot Dogs, Others), Form (Tablets, Powder, Liquid), End-Use (Food & Beverages, Pharmaceutical, Nutraceutical, Personal Care)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Memphis Meats (U.S.), MosaMeat (Netherlands), SuperMeat (Israel), Just, Inc (U.S.), Integriculture (Japan), Aleph Farms Ltd (Israel), Finless Foods Inc. (U.S.), Avant Meats Company Limited (China), Balletic Foods (U.S.), Future Meat Technologies Ltd (Israel), Appleton Meats (Canada), Higher Steaks (U.K.), Biofood Systems LTD (Israel), Fork & Goode (U.S.), Meatable (Netherlands), Mission Barns (U.S.), Bluenalu, Inc. (U.S.), New Age Meats (U.S.), Shiok Meats (Singapore), Seafuture Sustainable Biotech (Canada), Wild Type (U.S.), Lab farm Foods (U.S.), Cubiq Foods (Spain), Kiran Meats (U.S.)
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Opportunities
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Market Definition
Pork is the meat of a domestic pig that is widely consumed as a staple food throughout the world, except for a few Middle Eastern countries. Pork meat is not only delicious but also high in nutrients. Furthermore, it is a good source of protein and fats and a good source of selenium, vitamin B, and thiamine, making it a popular meal for fitness enthusiasts who want to bulk up.
Global Pork Protein Market Dynamics
Drivers
- Changing diet patterns combined with growing demand for animal based protein
The rise in demand for animal protein, combined with the growing consumer preference for low-fat, high-protein diets, has resulted in a remarkable increase in global consumption of animal protein, including pork. Breakfast products containing protein and fiber-rich ingredients are in high demand in the market. An increasing number of consumers worldwide are shifting toward a high protein diet to start their day, which is expected to provide valuable retail shelf space and market share globally in the pork protein market.
- Growing demand for clean label products
Clean-label products are completely natural, non-GMO, and made with real ingredients, with no additives or preservatives. The main benefit of a clean-label product is that consumers can easily read the ingredients and that it is organic and free of chemicals. Companies should have good packaging design, food product transparency, and simple ingredients with functional benefits.
Opportunities
Some of the factors expected to fuel global market growth during the forecast period include an increasing working population, rising demand for ready-to-use products, and expanding retail markets. The growing use of animal protein as a natural ingredient in the personal care industry is expected to drive growth in the global pork protein market. Furthermore, rising disposable income levels, rising food and beverage expenditure, and rising consumer awareness of healthy lifestyles are some of the other factors expected to drive pork protein market growth.
Restraints
Stringent regulatory environments and rising demand for plant-based protein are acting as market restraints for pork protein growth during the forecast period.
This pork protein market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the pork protein market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Pork Protein Market
In 2020, the unprecedented COVID-19 pandemic had a massive impact on the organic sector. Because of the coronavirus pandemic, there is a surge in demand for organic and sustainable foods. Organic food, including meat, has proven to be the food of choice for shoppers looking for healthy, clean food for their families.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Pork Protein Market Scope
The pork protein market is segmented on the basis of application, form and end use. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Application
- Nuggets
- Burgers
- Meatballs
- Sausages
- Hot Dogs
- Others
Form
- Tablets
- Powder
- Liquid
End user
- Food & Beverages
- Pharmaceutical
- Nutraceutical
- Personal Care
Pork Protein Market Regional Analysis/Insights
The pork protein market is analysed and market size insights and trends are provided by country, application, form and end use as referenced above.
The countries covered in the pork protein market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific currently dominates the pork protein market and will continue to do so during the forecast period due to rising urbanization, westernization, growth and expansion of the pork meat industry, changing lifestyle, and rising personal disposable income. Rising public awareness of the health benefits of pork protein will create lucrative and remunerative market growth opportunities.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Pork Protein Market Share Analysis
The pork protein market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to pork protein market.
Some of the major players operating in the pork protein market are:
- Memphis Meats (U.S.)
- MosaMeat (Netherlands)
- SuperMeat (Israel)
- Just, Inc (U.S.)
- Integriculture (Japan)
- Aleph Farms Ltd (Israel)
- Finless Foods Inc. (U.S.)
- Avant Meats Company Limited (China)
- Balletic Foods (U.S.)
- Future Meat Technologies Ltd (Israel)
- Appleton Meats (Canada)
- Higher Steaks (U.K.)
- Biofood Systems LTD (Israel)
- Fork & Goode (U.S.)
- Meatable (Netherlands)
- Mission Barns (U.S.)
- Bluenalu, Inc. (U.S.)
- New Age Meats (U.S.)
- Shiok Meats (Singapore)
- Seafuture Sustainable Biotech (Canada)
- Wild Type (U.S.)
- Lab farm Foods (U.S.)
- Cubiq Foods (Spain)
- Kiran Meats (U.S.)
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