China Hog Production and Pork Market 2017-2021: Ken Research

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Pork is a major variety of meat consuming in China so the hog industry plays a significant role in China Animal Husbandry. China which accounts for more than half of the world’s hog breeding and pork consumption volume is crucial to the development of global hog industry.

For many years, the live stock volume of hogs in China is the highest in the world. The livestock data shows that the live stock volume of hogs kept growing before 2012 but it began to fall from 2013 for rising costs and declined by 2.1% in 2014 compared to the highest level in 2012. At the end of 2015, the live stock volume of hogs reached 384 million decreasing by 9% compared to 2014. The fattened volume was 708.25 million down by 3.7% YOY in 2015. The output volume of pork presented a rising trend in its totality from 2000 to 2014, which broke the level of 50 million tons in 2010 and then hit a new high of 56.71 million tons in 2014, with a proportion of 65.1% of the total. However, from 2015, with the decline of live stock and fattened volume, the output volume of pork began to decrease in China. In recent years, with the promotion of standardized scale breeding, the number of standardized scale farms increases sharply and the proportion keeps rising.

Pork is still the major meat product consumed by Chinese residents. With the economic development and ongoing urbanization in China, the consumption volume of pork presents an overall upward trend. In terms of consumer groups, the household pork consumption volume of urban residents is higher than that of rural residents. From 2009, the household meat consumption volume of urban and rural residents becomes quite stable. Urban residents consumed over 20 kg of pork per capita while the rural residents consumed 15 kg of pork per capita.

In terms of the global market, the output volume of pork reached 112 million tons in 2015 and the CAGR of pork output volume were about 3.3% in the past 40 years, higher than the 3% of CAGR of the total volume. The producing areas of hogs and pork are mainly located in Asia, North America and Europe. The major pork producers are China, EU, the U.S.A., Brazil and Canada. In addition, the consumption is mainly concentrated in China, Europe, North America, Japan, Russia, etc.

As the output volume of pork fails to meet the domestic demand in China, the import volume continues to rise. The import volume of pork in China was 778,000 tons in 2015, up by 37.8% compared to 2014, and it becomes over 1.5 million tons in 2016. According to CRI, China mainly imports pork from EU, the U.S.A. and Canada in recent years.

With the sustained economic development, the rising incomes per capita and the ongoing urbanization, the pork demand will keep on rise. However, affected by negative factors of rising costs, more strict environmental policies, the fattened volume of hogs and output volume of pork are estimated to drop steadily from 2017 to 2021. It is predicted that the profits of pig breeding will keep growing in China recently, so will the import volume of pork.

Through this report, the readers can acquire the following information:

Development Environment of Pig Breeding Industry in China

Status of Pig Breeding Industry in China

Import and Export Status of Pork in China

Consumption Status of Pork in China

Epidemic Situation of Pig Breeding Industry in China

Major Pig Breeding and Slaughter Enterprises in China

Profits Status of Pig Breeding Industry in China

Prospect of Pig Breeding Industry in China

Key Topics Covered in the Report:

China Hog Production and Pork Market Forecast

China Hog Production and Pork Market Share

China Hog Production and Pork Market Trends

China Hog Production and Pork Market Revenue

China Hog Production and Pork Market Research Report

China Hog Production and Pork Market

China Hog Production and Pork Market Size

China Hog Production and Pork Market Outlook

China Hog Production and Pork Market Analysis

For further reading click on the link below:

https://www.kenresearch.com/food-beverage-and-tobacco/general-food/report-chinas-hog-production-pork-market/76483-11.html

Contact:

Ken Research

Ankur Gupta, Head Marketing & Communications

query@kenresearch.com

+91-124-4230204

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