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 | Apr 2015

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

The Hog & Pig Farming market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
Add to Cart
Add to Cart
Industry Analysis & Industry Trends

Over the past five years, the Hog and Pig Farming industry has worked itself out of a dirty corner. The industry grew strongly as demand for pork products resurged, evidenced by double-digit growth in processed meat exports and higher prices for farmers. As demand for pork remains steady and the price of feed decreases, the industry is expected to continue growing during the next five years. Moderate feed prices will allow hog and pig farms to reduce their operating costs, earn higher profit margins and subsequently continue expanding their operations. Additionally, the price of red meat, which includes pork, is expected to remain at historic highs through 2020. With some products, high prices tend to decrease demand... purchase to read more

Industry Report - Starting a New Business Chapter

Entry into hog and pig farming is moderate for newcomers. Generally, all inputs are readily available, producers can usually shift between agricultural activities with ease, and there are often a number of farms for sale. However, three significant obstacles exist: regulations governing the industry, the purchase costs of capital equipment and feed, and the difficulty in securing contracts with downstream processors.

First, the costs associated with the establishment of a pig and hog farm may prohibit new entrants. Firms need to purchase industry-specific equipment such as climate- and light-controlled housing facilities and automatic feeding systems. Often, these assets represent sunk costs because the market for second-hand equipment is small... 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
Select Clients