Bacon is salt-cured pork which is cut into thin slices from the sides and belly portion of the pigs’ body. This is consumed all the seasons but in summers the demand for bacon is slightly high. The global bacon market is expected to rise due to development in meat processing technology and demand for meat protein in food by increasing population. Moreover, the rise in demand for fast food like hamburgers, pizza, etc. along with changing lifestyles is anticipated to drive the growth of the global bacon market. The development of new products like turkey bacon has also created new opportunities for the growth of market. However, the presence of significant amount of sodium and fat, which increases the risk in heart diseases and high blood pressure, is restraining the growth of global bacon market. The market is segmented into product type, delivery channel and geography. On product type, the traditional bacon segment is expected hold a significant market share by owing its wide adoption. Geographically, North America is projected to be a substantial shareholder in market during forecasted period due to its large consumption in countries like USA.
The rise in demand for fast food along with changing lifestyles.
The development of meat processing technology.
Rising chronic diseases.
The major players profiled in the global bacon market are Nassau foods, Hormel Food Corp., Tyson Food Inc., Karro Food Group, Farmland, Foster Farms, Smithfield Foods Inc., OSI Group, JBS SA and Niman Ranch.
The global bacon market been analyzed through the following segments:
By Delivery Channel
Middle East and Africa