SEARCH   
MEMBER LOGIN    

Hog & Pig Farming in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hog & Pig Farming Market Research Report | NAICS 11221 | Jun 2014

Pigs fly: Profit and revenue return to healthy levels as downstream demand remains high

IBISWorld’s Hog & Pig Farming market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$23bn
Annual Growth 09-14
10.6%
Annual Growth 14-19
Add to Cart
Profit
Add to Cart
Employment
129,004
Businesses
37,000
Industry Analysis & Industry Trends

This little pig stayed home

High oil and feed prices and internal and external competition have been hampering the industry over the past five years. Unfortunately, even with economic recovery on the horizon, the industry will continue to decline. Corn's strong ties to oil and the volatility that can arise from such a link will continue to keep industry firms chasing profit instead of making it. Also, competition from other meat sources in light of perceived health issues will hinder pork's popularity... purchase to read more

Industry Report - Industry Investment Chapter

Pig and hog farming has developed into a highly automated production process. Feeding, watering and waste removal are carried out with minimal labor input. Moreover, the dramatic shift from small-scale production toward vertically integrated factory farms or large, single-phase specialized farms has further raised the overall level of industry automation in the past five years, increasing the industry's capital intensity level.

Compared to the rest of the farming sector, hog and pig farming is highly capital intensive, although the labor-to-capital ratio does vary among hog and pig producers. For every dollar spent on labor, the industry spends about $1.56 on capital... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hog & Pig Farming Industry?

Establishments in this industry farm hogs and pigs in operations that include breeding, farrowing, weaning and raising feeder pigs or market-size hogs. The term "pig" usually refers to the domestic mammal when it is young or small, while "hog" is the name typically given to domesticated pigs that weigh more than 120 pounds. While hog feedlots are included in the industry, the transportation of the livestock is excluded.

Industry Products
Market hogsFeeder pigsCull stockBreeding stock
 
Industry Activities
Farrow-to-finish operationsFeeder pig farmingHog feedlots (except stockyards for transportation)Hog and pig farms (including breeding, farrowing, nursery and finishing activities)Weaning pig operations


View Sample
Quote
Select Clients