Asia Pacific Bacon Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Nature (Organic, Conventional), Source (Pork, Beef, Turkey, Chicken), Type (Dry Cured, Immersion Cured, Pumped Bacon), Distribution Channel (Supermarkets and Hypermarkets, Independent Retailers, Food Service, Others), and Country
APAC Bacon Market Forecast to 2027 – COVID-19 Impact and Analysis by Nature (Organic, Conventional), Source (Pork, Beef, Turkey, Chicken), Type (Dry Cured, Immersion Cured, Pumped Bacon), Distribution Channel (Supermarkets and Hypermarkets, Independent Retailers, Food Service, Others), and Country
Number of Pages: 84
Market Introduction
Bacon refers to the sides and belly portion of the pig’s body that is cured and smoked. Bacon is versatile in terms of cooking and helps in increasing the flavor of dishes. When wrapped around lean meats, it proffers moisture while it is cooked. Development in meat processing technologies and an increase in the demand for meat protein, the bacon market has experienced tremendous growth during the past years. The upsurge in demand for pizza, sandwiches, and hamburgers have also bolster well the bacon market growth. However, bacon contains some amount of fats and sodium that increases the risk of heart diseases and blood pressure. This restricts the demand for bacon. The ketogenic diet slightly differs from the paleo diet. Instead of having the balanced ratio among the fats, carbs, and protein sources of energy in a keto plan basically come from fats and proteins, while consumers fill the body with fewer carbohydrates. However, this theory behind a keto diet is re-training the body to use fats rather than carbs for energy to increase weight loss. This trend of using meat products and bacon in keto and paleo diet will gain popularity among the health-conscious consumer and those who are willing to reduce weight. This, in turn, is expected to influence the bacon market. Thus, the usage of bacon in paleo and keto diet is expected to create a significant demand for bacon in the coming years, which is further anticipated to drive the bacon market.
Market Overview and Dynamics
The bacon market in APAC is expected to grow from US$ 6,468.6 million in 2019 to US$ 9,281.1
million by 2027; it is estimated to grow at a CAGR of 4.6% from 2020 to 2027. Usage of bacon in paleo and keto diet. Food trends defined the twenty-first century as a health and wellness culture among consumers. Along with the dietary programs such as Atkins and Weight Watchers reigned among the millennium, there has also been a shift to broader “lifestyle” trends. Starting from veganism to absolute raw food diets, people could presume the love for the favorite food like bacon is diminishing. Some of the fastest-growing food crazes include paleo and keto diet plans. Both the plants rely mostly on protein and healthy fats intake to sustain on low carbs. A paleo diet includes a maximum of meat (eat more bacon), and this diet is dense with nutrients along with high in fat and low in carbs. The Department of Anthropology and Radiology from Emory University had conducted a research study, and they found that our ancestors gained about 35 percent of their dietary energy by consuming fats, 35 percent from carbs, and 30 percent from protein. Hence, consumers can achieve the paleo lifestyle by chowing down on fruits, vegetables, meats, seafood, and nuts. The paleo plan can also help to increase muscle mass because of the high protein intake combined with shorter, more intense workout sessions.
Key Market Segments
In terms of nature type, the conventional segment accounted for the largest share of the APAC becan market in 2019. In terms of source type, the pork segment held a larger market share of the bacon market in 2019. In terms of type, the pumped bacon accounted for the largest share of the APAC becan market in 2019. Further, the supermarkets and hypermarkets segment held a larger share of the market based on distribution channel in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the bacon market in APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are OSI Group, JBS S.A, Hormel Foods Corporation, Farmland Industries, Inc., and Applegate Farms, LLC among others.
Reasons to buy report
- Understand the APAC bacon market landscape and identify market segments that likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive market landscape in APAC
- Efficiently plan Mergers and acquisitions and partnership deals in APAC bacon market by identifying market segments with the most promising probable sales
- Take knowledgeable business decisions from perceptive and comprehensive analysis of performance of various market segments
- Obtain revenue forecast for market based on various segments for the period 2019-2027
APAC Bacon Market Segmentation
APAC Bacon Market- by Nature Type
- Organic
- Conventional
APAC Bacon Market - by Source Type
- Pork
- Beef
- Turkey
- Chicken
- Dry Cured
- Immersion Cured
- Pumped Bacon
APAC Bacon Market - by Distribution Channel
- Supermarkets and Hypermarkets
- Independent Retailers
- Food Service
- Others
APAC Bacon Market - by Country
- China
- Australia
- Japan
- South Korea
- Rest of APAC
APAC Bacon Market - Company Profiles
- OSI Group
- JBS S.A
- Hormel Foods Corporation
- Farmland Industries, Inc.
- Applegate Farms, LLC
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Bacon Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 APAC
4.3 Expert Opinion
5. Bacon Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in consumption of animal-derived products
5.1.2 Growing preference for convenience food products
5.2 Market Restraints
5.2.1 Rising health awareness among consumers due to increasing number of lifestyle and chronic diseases
5.3 Market Opportunities:
5.3.1 Development of new products by the market players
5.4 Future Trends:
5.4.1 Usage of bacon in paleo and keto diet
5.5 Impact Analysis of Drivers and Restraints
6. Bacon – APAC Market Analysis
6.1 Bacon Market Overview
6.2 Bacon Market –Revenue and Forecast to 2027 (US$ Million)
6.3 Competitive Positioning – Key Market Players
7. Bacon Market Analysis – By Nature
7.1 Overview
7.2 APAC Bacon Market, By Nature (2018 and 2027)
7.3 Organic
7.3.1 Overview
7.3.1.1 Organic: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
7.4 Conventional
7.4.1 Overview
7.4.1.1 Conventional: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
8. Bacon Market Analysis – By Source
8.1 Overview
8.2 APAC Bacon Market, By Source (2018 and 2027)
8.3 Pork
8.3.1 Overview
8.3.1.1 Pork: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
8.4 Beef
8.4.1 Overview
8.4.1.1 Beef: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
8.5 Turkey
8.5.1 Overview
8.5.1.1 Turkey: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
8.6 Chicken
8.6.1 Overview
8.6.1.1 Chicken: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
9. Bacon Market Analysis – By Type
9.1 Overview
9.2 APAC Bacon Market, By Type (2018 and 2027)
9.3 Dry Cured
9.3.1 Overview
9.3.1.1 Dry Cured: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
9.4 Immersion Cured
9.4.1 Overview
9.4.1.1 Immersion Cured: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
9.5 Pumped Bacon
9.5.1 Overview
9.5.1.1 Pumped Bacon: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
10. Bacon Market Analysis – By Distribution Channel
10.1 Overview
10.2 APAC Bacon Market, By Distribution Channel (2018 and 2027)
10.3 Supermarket and Hypermarkets
10.3.1 Overview
10.3.1.1 Supermarkets and Hypermarkets: Bacon Market – Revenue and Forecast to 2027 (US$ Million)
10.4 Independent Retailers
10.4.1 Overview
10.4.1.1 Independent Retailers: Bacon Market – Revenue and Forecast to 2027 (US$ Million)
10.5 Food Service
10.5.1 Overview
10.5.1.1 Food Service: Bacon Market – Revenue and Forecast to 2027 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.1.1 Others: Bacon Market – Revenue and Forecast to 2027 (US$ Million)
11. Bacon Market – Country Analysis
11.1 Overview
11.2 APAC: Bacon Market
11.2.1 APAC: Bacon Market, by Key Country
11.2.1.1 Australia: Bacon Market –Revenue and Forecast to 2027 (US$ Million)
11.2.1.1.1 Australia: Bacon Market, by Nature
11.2.1.1.2 Australia: Bacon Market, by Source
11.2.1.1.3 Australia: Bacon Market, by Type
11.2.1.1.4 Australia: Bacon Market, by Distribution Channel
11.2.1.2 China: Bacon Market –Revenue and Forecast to 2027 (US$ Million)
11.2.1.2.1 China: Bacon Market, by Nature
11.2.1.2.2 China: Bacon Market, by Source
11.2.1.2.3 China: Bacon Market, by Type
11.2.1.2.4 China: Bacon Market, by Distribution Channel
11.2.1.3 Japan: Bacon Market –Revenue and Forecast to 2027 (US$ Million)
11.2.1.3.1 Japan: Bacon Market, by Nature
11.2.1.3.2 Japan: Bacon Market, by Source
11.2.1.3.3 Japan: Bacon Market, by Type
11.2.1.3.4 Japan: Bacon Market, by Distribution Channel
11.2.1.4 South Korea: Bacon Market –Revenue and Forecast to 2027 (US$ Million)
11.2.1.4.1 South Korea: Bacon Market, by Nature
11.2.1.4.2 South Korea: Bacon Market, by Source
11.2.1.4.3 South Korea: Bacon Market, by Type
11.2.1.4.4 South Korea: Bacon Market, by Distribution Channel
11.2.1.5 Rest of APAC: Bacon Market –Revenue and Forecast to 2027 (US$ Million)
11.2.1.5.1 Rest of APAC: Bacon Market, by Nature
11.2.1.5.2 Rest of APAC: Bacon Market, by Source
11.2.1.5.3 Rest of APAC: Bacon Market, by Type
11.2.1.5.4 Rest of APAC: Bacon Market, by Distribution Channel
12. Impact of COVID-19 Pandemic on APAC Bacon Market
12.1 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
13. Key Company Profiles
13.1 Applegate Farms, LLC
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.2 Farmland Industries, Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.3 Hormel Foods Corporation
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.4 JBS S.A
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Development
13.5 OSI Group
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. APAC Bacon Market –Revenue and Forecast to 2027 (US$ Million)
Table 2. Australia Bacon Market, by Nature – Revenue and Forecast to 2027 (USD Million)
Table 3. Australia Bacon Market, by Source – Revenue and Forecast to 2027 (USD Million)
Table 4. Australia Bacon Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 5. Australia Bacon Market, by Distributional Channel – Revenue and Forecast to 2027 (USD Million)
Table 6. China Bacon Market, by Nature – Revenue and Forecast to 2027 (USD Million)
Table 7. China Bacon Market, by Source – Revenue and Forecast to 2027 (USD Million)
Table 8. China Bacon Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 9. China Bacon Market, by Distributional Channel – Revenue and Forecast to 2027 (USD Million)
Table 10. Japan Bacon Market, by Nature – Revenue and Forecast to 2027 (USD Million)
Table 11. Japan Bacon Market, by Source – Revenue and Forecast to 2027 (USD Million)
Table 12. Japan Bacon Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 13. Japan Bacon Market, by Distributional Channel – Revenue and Forecast to 2027 (USD Million)
Table 14. South Korea Bacon Market, by Nature – Revenue and Forecast to 2027 (USD Million)
Table 15. South Korea Bacon Market, by Source – Revenue and Forecast to 2027 (USD Million)
Table 16. South Korea Bacon Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 17. South Korea Bacon Market, by Distributional Channel – Revenue and Forecast to 2027 (USD Million)
Table 18. Rest of APAC Bacon Market, by Nature – Revenue and Forecast to 2027 (USD Million)
Table 19. Rest of APAC Bacon Market, by Source – Revenue and Forecast to 2027 (USD Million)
Table 20. Rest of APAC Bacon Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 21. Rest of APAC Bacon Market, by Distributional Channel – Revenue and Forecast to 2027 (USD Million)
Table 22. Glossary of Terms, APAC Bacon Market
LIST OF FIGURES
Figure 1. APAC Bacon Market Segmentation
Figure 2. APAC Bacon Market Segmentation – By Country
Figure 3. APAC Bacon Market Overview
Figure 4. Pork Segment Held Largest Share of APAC Bacon Market
Figure 5. China Country Held Largest Share of APAC Bacon Market
Figure 6. APAC Bacon Market, Industry Landscape
Figure 7. APAC: PEST Analysis
Figure 8. Expert Opinion
Figure 9. APAC Bacon Market Impact Analysis of Driver and Restraints
Figure 10. APAC: Bacon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. APAC Bacon Market Revenue Share, by Nature (2018 and 2027)
Figure 12. APAC Organic: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 13. APAC Conventional: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 14. APAC Bacon Market Revenue Share, by Source (2018 and 2027)
Figure 15. APAC Pork: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 16. APAC Beef: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 17. APAC Turkey: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 18. APAC Chicken: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 19. APAC Bacon Market Revenue Share, by Type (2018 and 2027)
Figure 20. APAC Dry Cured: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 21. APAC Immersion Cured: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 22. APAC Pumped Bacon: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 23. APAC Bacon Market Revenue Share, by Distribution Channel (2018 and 2027)
Figure 24. APAC Supermarkets and Hypermarkets: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 25. APAC Independent Retailers: Bacon Market –Revenue and Forecast to 2027 (US$ Million)
Figure 26. APAC Food Service: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 27. APAC Others: Bacon Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 28. APAC: Bacon Market Revenue Share, by Key Country (2018 and 2027)
Figure 29. Australia: Bacon Market –Revenue and Forecast to 2027 (US$ Million)
Figure 30. China: Bacon Market –Revenue and Forecast to 2027 (US$ Million)
Figure 31. Japan: Bacon Market –Revenue and Forecast to 2027 (US$ Million)
Figure 32. South Korea: Bacon Market –Revenue and Forecast to 2027 (US$ Million)
Figure 33. Rest of APAC: Bacon Market –Revenue and Forecast to 2027 (US$ Million)
Figure 34. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
- OSI Group
- JBS S.A
- Hormel Foods Corporation
- Farmland Industries, Inc.
- Applegate Farms, LLC
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC Bacon market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the APAC Bacon market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the Bacon market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.