Scope of the Report
The report entitled “The US Pork Market with Focus on Production: Size, Trends & Forecasts (2018-2022)”, provides analysis of the US pork market, with detailed analysis of market growth, and production volume of the industry. The analysis includes the market by volume, by number of hog supply, leading states in hog/pig inventory etc.
Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall the US pork market has also been forecasted for the years 2018-2022, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Smithfield Foods, Tyson, JBS (Swift) and Hormel Foods Corporation are some of the key players operating in the global audio streaming market, whose company profiling has been done in the report. In this segment of the report, business overview, financial overview and business strategies of the companies are provided.
- Smithfield Foods
- JBS (Swift)
- Hormel Foods Corporation
1. Executive Summary
2.1 Meat: An Overview
2.1.1 Meat: Definition
2.1.2 Types of Meat
2.2 Pork: An Overview
2.2.1 Pork: Meaning
2.2.2 Stages of Pork
2.2.3 Pork Production Process
2.2.4 Nutrients in Pork
3. Market Analysis
3.1 The US Pork Market: An Analysis
3.1.1 The US Pork Market by Production
3.1.2 The US Pork Market by Hog Supply
3.1.3 The US Pork Market by Live Hog Price
3.1.4 The US Pork Production Market by Cost Share
3.1.5 The US Pork Production Market by Leading Inventory States
3.1.6 The US Commercial Pork Slaughter and Production
3.1.7 The US Pork Production Market by Real Per Capita Pork Expenditure
3.1.8 The US Pork Production Market by Farrow to Finish Hog Production Cost
3.1.9 The US Pork Production Market by Market Pig Weight
3.1.10 The US Pork Production Market by Average SOW Farm Productivity
3.1.11 The US Pork Production Market by State Rankings
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Growth in The US Economy
4.1.2 New Pork Processing Capacity
4.1.3 Rising Hog Farm Price in The US
4.1.4 Increased Corn Production and Supplies
4.1.5 Pork Producer Prices in Different Countries
4.1.6 Favorable Supply Growth
4.2.1 Changes in Tariffs
4.2.2 Outbreak of Diseases
4.2.3 Low Fat Diet Impacting the Market
4.2.4 Food Safety Issues
4.3 Market Trends
4.3.1 Pork Dominates Main Raw Material for Packaged Meat
4.3.2 Increasing US Pork Exports
4.3.3 New in Sustainable Pig Farming: Lupine
5. Competitive Landscape
5.1 The US Pork Market: Player Analysis
5.1.1 The US Fresh Pork Market Player by Share
5.1.2 The US Pork Processing Player by Share
5.1.3 The US Pork Market Player by Pork Processor Slaughter Capacity
6. Company Profiling
6.1 Smithfield Foods (WH Group)
6.1.1 Business Overview
6.1.2 Financial Overview
6.1.3 Business Strategy
6.2.1 Business Overview
6.2.2 Financial Overview
6.2.3 Business Strategy
6.3 JBS (Swift)
6.3.1 Business Overview
6.3.2 Business Strategy
6.4 Hormel Foods Corporation
6.4.1 Business Overview
6.4.2 Business Strategy
List of Figures
Figure 1: Types of Meat
Figure 2: Stages of Pork
Figure 3: Pork Production Process
Figure 4: The US Pork Market by Production; 2017-2022 (Million Tons)
Figure 5: The US Pork Market by Hog Supply; 2015-2019 (Percentage, %)
Figure 6: The US Pork Market by Live Hog Price; 2014-2018 (US$ Per Cwt)
Figure 7: The US Pork Production Market by Cost Share; 2017 (Percentage, %)
Figure 8: Top 10 US States by Hog/Pigs Inventory; 2018 (Thousand)
Figure 9: The US Commercial Pork Slaughter and Production; 2011-2017
Figure 10: The US Pork Production Market by Real Per Capita Pork Expenditure; 2013-2018 (US$)
Figure 11: The US Pork Production Market by Farrow to Finish Hog Production Cost; 2014-2019 (US$/Cwt Carcass)
Figure 12: The US GDP; 2013-2017 (US$ Trillion)
Figure 13: New Pork Processing Facility (as % of Slaughter); 2017
Figure 14: The US Hog Farm Price; 2014-2017 (US$)
Figure 15: Corn Production in the US; 2014-2018 (Bushels)
Figure 16: Pork Producer Prices in Different Countries; 2017(US$/Kg)
Figure 17: Top Reasons for Cutting Meat by Millennials; 2017 (Percentage, %)
Figure 18: Precautions from Trichinae (Pork disease)
Figure 19: The US Packaged Meat Cost Breakdown; 2017 (Percentage, %)
Figure 20: The US Pork Export; 2014-2018 (Billion Pound Carcass)
Figure 21: Global Pork Exports Share by Country; 2017 (Percentage, %)
Figure 22: The US Fresh Pork Market Player by Share; 2017 (Percentage, %)
Figure 23: The US Pork Processing Player by Share; 2017 (Percentage, %)
Figure 24: WH Group Revenue; 2013-2017 (US$ Billion)
Figure 25: Tyson Sales; 2014-2018 (US$ Billion)
Figure 26: Tyson Sales by Segment; 2018 (Percentage, %)
List of Tables
Table 1: Tenderloin Pork Nutrition Facts
Table 2: Typical Market Pig Rate in the US; 2018
Table 3: The US Pork Production Market by Average SOW Farm Productivity; 2013-2017
Table 4:The US Pork Production Market by State Rankings; 2018
Table 5: Effect of Lupin on Performance and Carcass Characteristics
Table 6: Pork Processor Slaughter Capacity; 2017"
Meat is one of the essential food item in many countries. Meat is obtained from different cattle's such as goat, hog/pig, sheep, chicken, turkey, etc. On a broader aspect, meat is categorized into four types: red meat, poultry, pork and seafood. Red meat is comprised of meat obtained from goat, beef and lamb. Poultry is derived from chicken and turkey whereas pork is extracted from pigs/hogs. Seafood comprises of flesh obtained from fish, crab and lobster.
Pork is the second important meat food of the Americans. Pork can be consumed both freshly cooked and preserved. Usually, when a pig/hog is taken to slaughter, it should be of the appropriate weigh, i.e. between 90 and 135 kg (200 and 300 pounds) and provide about 70% to 74% of that weight in meat. To reach the correct weight, a piglet (three week age) is first transformed into pig (an immature swine) and then to a hog whose weight is nearing the market demand.
Pork production process is comprised of various stages. From breeding (mating by animals) to farrowing (birth of a piglet) and flattening. Then processing (preparation for slaughter), slaughtering, packaging and finally for sales. Pork consist of many nutritional features. Pork is one of the best source of proteins and is commonly consumed by athletes, sportspersons and gym following people.
The US pork market with focus on production is expected to increase at high growth rates during the forecasted period (2018-2022). The US pork market with focus on production is supported by various growth drivers, such as growth in the US economy, new pork processing capacity, increased corn production and supplies, etc. yet, the market faces certain challenges, such as, Low Fat Diet Impacting the Market, food safety issues, etc. Few new market trends are also provided such as, increasing us pork exports, new in sustainable pig farming: lupine, etc.
- Hormel Foods Corporation
- JBS (Swift)
- Smithfield Foods
The author's core strengths include a seasoned management team, a highly demonstrable track record of seamless process integration and consistent delivery position. The research team uses its extensive knowledge of the various industries to analyze the market trends from both a vendor and an end-user perspective.
The research strategy is focused on high-quality secondary data combined with elaborate use of primary data. The team of research analysts provides a 360-degree overview of available data.
The analysts begin by searching industry reports, surveys, trade publications, company reports and press releases. They also include information gained by extensive interviews with major players and industry participants.
The background information, related to industry statistics, is provided by the author's proprietary databases.
The information is then analyzed and synthesized into a report - with market forecast, industry trends, and competitive strategies. The team of research analysts use both qualitative tools and quantitative techniques to get an insight into the industry.
The author's core expertise lies in researching, compiling and analyzing vast amounts of publicly available information and premier databases, into widely read reports.