Revenue for the Pig Farming industry in China has been growing at an annualized rate of 11.1% over the five years through to 2015 to an estimated $12.95 billion. Rising domestic living standards and purchasing power have stimulated demand for pork. From 2010 to 2015, the number of slaughtered fattened hog increased from 6.67 million to about 7.35 million. Rising meat prices have also boosted revenue growth.
Profit varies monthly due to fluctuations in pork prices and market demand. It also varies greatly among enterprises and across regions. In 2015, profit for the average industry enterprise is estimated at 7.0% of industry revenue.
The Pig Farming industry in China comprises farms engaged in pig rearing and the processing of pig by-products, such as pig bristles and raw pig skin.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.
