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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 2013

Stuck in the sty: Profit eludes the industry as feed and oil prices soar, and epidemics sully the swine

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
Revenue
$21bn
Annual Growth 08-13
5.9%
Annual Growth 13-18
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Profit
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Employment
62,209
Businesses
18,548
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 Locations Chapter

Hog farms are predominantly located in the Plains region. In fact, 56% of the nation's pig-farming establishments are located in this region given the presence of Iowa and Minnesota, two of the country's top pork-producing states. This region is particularly favorable for hog farmers because access to land is easy and inputs are inexpensive. Known also for its corn farming, these states (especially Iowa) pay minimal costs for the delivery of fresh animal feed. For this reason, Iowa accounts for about 30% of the nation's hog farms.

The next most concentrated pig-farming regions are the Great Lakes and the Southeast. Both account for just under 20% of the industry's establishments and total revenue... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hog & Pig Farming Industry?

Establishments in this industry primarily farm hogs and pigs in farrow-to-finish 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


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