Pig Farming Can Make You A Billionaire
The global pork market was valued at $254.53 billion in recently, and is expected to reach $418.37 billion by 2028, growing at a compound annual growth rate (CAGR) of 8.6% ¹. This growth is driven by increasing adoption of pork meat as a staple food across several countries, rising demand from fitness enthusiasts and sportspeople due to its high protein content, and growing popularity of pork meat in fast food and restaurants.
Key Market Drivers:
- Increasing Adoption: Pork meat is becoming a staple food in many countries, driving market growth.
- Rising Demand from Fitness Enthusiasts: Pork meat’s high protein content makes it popular among fitness enthusiasts and sportspeople.
- Growing Popularity in Fast Food: Pork meat is gaining popularity in fast food and restaurants, further boosting market growth.
Market Opportunities
- Organic Pork Demand: Growing demand for organic pork meat offers opportunities for vendors to capitalize on this trend.
The pork meat market is expected to reach $1.67 billion by 2030, growing at a CAGR of 8.54%. Major players in the market include JBS S.A., Tyson Foods, Pilgrim’s Pride Corporation, Danish Crown Group, and Vion Food Group.