Pork belly is a boneless fatty meat portion of the belly of a pig. It is especially popular in Korean, Philippine, and Chinese cuisine. It is the source of not only high-quality protein but also micronutrients including fat-soluble minerals and vitamins. Pork belly meat market has high growth prospects owing to growing awareness about health benefits associated with pork belly meat and increasing consumption of pork meat products expected to drive the market demand during the forecasted period.This growth is primarily driven by Changing Lifestyle Standard Fueled By Rise in Disposable Income and Growing Government Focus on Improving Food Safety Regulation.
Globally, a noticeable market trend is evident Increasing Consumption of Pork Meat Products. Major Vendors, such as Tyson Foods Inc. (United States), JBS USA Holdings Inc. (United States), SYSCO Corp. (United States), Smithfield Foods Inc., Hormel Foods Corp. (United States), Butterball LLC (United States), CP Group (Thailand), BRF S.A (Brazil), LDC Group (France), Vall Companys Grupo (Spain), Cooperl Arc Atlantique (France), WH Group (Hong Kong) and Triumph Foods (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
ď17th September 2019, a new rule approved by US President Donald Trump deregulates part of the process that makes sure the nationís pork supply is safe to eatóreducing oversight and relying more heavily on the industry to monitor itself. Under the proposed new inspection system, the responsibility for identifying diseased and contaminated pork would be shared with plant employees, whose training would be at the discretion of plant owners. There would be no limits on slaughter-line speeds. The new pork inspection system would accelerate the federal governmentís move toward delegating inspections to the livestock industry.Ē
- Changing Lifestyle Standard Fueled By Rise in Disposable Income
- Growing Government Focus on Improving Food Safety Regulation
- Increasing Consumption of Pork Meat Products
- Stringent Labelling Regulations Regarding Pork Meat Products
Growing Awareness about Health Benefits Associated With Pork Belly Meat and Increasing Demand from Southeast Asian Economies
Lack of Awareness in the Emerging Economies
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