The hog farming industry has experienced an increase in revenue in the current period, marked by significant price volatility and rising pork consumption. Over the past five years, hog prices have seen dramatic swings due to supply chain disruptions, export surges and disease outbreaks. After a sharp decline in 2023, prices have rebounded as robust consumer demand and supply constraints persist. This price stabilization has been accompanied by a rise in pork consumption, as consumers opt for pork amid escalating beef and poultry prices. Pork's affordability and versatility have secured its position as a favored protein choice, supporting steady demand across both retail and foodservice sectors. Overall, industry revenue has climbed at a CAGR of 5.1% since 2020 to reach an estimated $37.4 billion after growing 2.8% in 2025. In recent years, feed costs have fluctuated sharply, presenting significant challenges to profitability. Volatility in core ingredients like corn and soybean meal led to profit declines, especially at the peak of feed costs in 2022 and 2023. Although feed prices have started to stabilize, they still weigh heavily on profit, and the threat of tariffs imposed by the US on foreign goods has the potential to push feed and farm equipment costs back up. Labor shortages further compound these challenges as a dwindling rural workforce and tighter immigration policies have increased labor costs. Looking to the future, the industry is facing significant challenges from climate change and extreme weather events. The increased frequency of heatwaves, droughts and severe storms is threatening pig health and productivity. Harsh weather conditions can also decimate crop yields, leading to steep inclines in grain-based feed costs. Producers are responding by adopting precision management tools, such as automated climate controls and remote monitoring, to mitigate these impacts. The outlook for the hog industry remains positive, with gradual growth in production, consumption and prices expected. Continued consumer demand, driven by pork’s affordability and perceptions around its nutritional value, is projected to bolster consumption. Production will expand steadily, supported by advances in genetics and management practices. Additionally, innovations in animal health, biosecurity and genetic technology promise to strengthen herd health and stability. Emphasizing sustainability, ethical production and technological innovation will also be crucial for securing long-term growth and maintaining consumer trust. Revenue is forecast to expand at a CAGR of 0.4% to reach $38.2 billion by 2030.

According to Cognitive Market Research, the global Pig Farming market size is USD 3151.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 2.30% from 2024 to 2031. North America held the major market of more than 40% of the global revenue with a market size of USD 1260.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 0.5% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD 945.36 million. Asia Pacific held the market of around 23% of the global revenue with a market size of USD 724.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.3% from 2024 to 2031. Latin America market of more than 5% of the global revenue with a market size of USD 157.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.7% from 2024 to 2031. Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 63.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.0% from 2024 to 2031. The commercial breeds held the highest Pig Farming market revenue share in 2024. Market Dynamics of Pig Farming Market

Key Drivers for Pig Farming Market

Increasing Demand for Pork to Propel the Market Revenue Growth

The demand for pork, a major source of protein in many diets, has increased due to the expanding worldwide population, especially in emerging economies. Urbanization, shifting food tastes, and growing disposable incomes are some of the causes driving this demand. For instance, according to the U.S. Department of Agriculture, a higher-than-expected February production led to a 30 million increase in the first-quarter commercial pork production to 7.2 billion pounds. It is anticipated that 27.9 billion pounds of commercial pork would be produced in 2024, a 2.2% increase over the previous year. It is predicted that the average live price of 51–52 percent lean pigs will be $61 per cwt, which is 3.7% more than in 2023. Due to increased demand from significant importing nations and declining EU pork competitiveness as a result of higher prices and decreased supply, pork exports are expected to increase by 50 million pounds by 2024. Pork exports are predicted to total 7.1 billion pounds in 2024, 4.6 percent more than shipments from the previous year.

Source: https://www.ers.usda.gov/topics/animal-products/hogs-pork/market-outlook/.

Rising Food Demand to Propel Market Growth

The growing food demand is expected to drive the pig farming market during the forecast period. The world's population is continually increasing, and with it, the demand for food rises. As more people require sustenance, there's a proportional increase in the demand for protein sources like pork. As per the report published by Food and Agriculture Organization, between 2009 and 2050, the world's population is predicted to increase by more than a third, or 2.3 billion people. Based on the forecasts, it would be necessary to increase global food production by around 70% between 2005/07 and 2050 to feed the 9.1 billion people that will live the planet by then.

Source: https://www.fao.org/fileadmin/templates/wsfs/docs/Issues_papers/HLEF2050_Global_Agriculture.pdf

Restraint Factor for the Pig Farming Market

Environmental Concerns to Limit the Expansion of the Market

Negative effects of pig farming on the environment can include waste disposal and nutrient runoff polluting the air, soil, and water resources. Pig farmers may face difficulties due to worries about environmental sustainability and pressure from regulations to mitigate these effects, especially if they operate in highly populated or environmentally sensitive areas. According to the study by New Root Institute, a large pig farm has the capacity to produce up to 1.6 million tons of manure annually. These enormous amounts can be difficult to handle, and manure can find its way into the surrounding groundwater and air, harming the local ecosystem and possibly posing health risks to adjacent communities.

Source: https://www.newrootsinstitute.org/articles/pig-farming#:~:text=A%20large%20pig%20farm%20can,and%20even%20causing%20health%20problems.

Impact of Covid-19 on the Pig Farming Market

The COVID-19 pandemic has had a significant impact on the pig farming market, both in terms of immediate disruptions and longer-term implications. COVID-19-rela...

Check Market Research Intellect's Pig Farming Market Report, pegged at USD 150 billion in 2024 and projected to reach USD 200 billion by 2033, advancing with a CAGR of 4.5% (2026-2033).Explore factors such as rising applications, technological shifts, and industry leaders.

In 2024, global pork production was led by *****, which produced over ** million metric tons of pork in that year. The ************** and the ************* held the second and third positions, respectively. In that year, global pork production amounted to over *** million metric tons. Pig farming in China As China has experienced rapid economic growth, the demand for pork in the country has too increased. Although, the majority of pig farms in China are small scale operations, the introduction of factory farming methods with large scale production of swine is on the rise. The development of modern farms has been one of the most important factors in satisfying the increasing demand for pork in China. As of 2022, there were *** million pigs in China, more than any other country. Global meat consumption The most commonly consumed meats in world are poultry and pork, though in the next several years poultry is expected to overtake pork in popularity. Global consumption of pork is projected to increase from ***** metric kilotons in 2021 to about *** metric kilotons by 2031. In the United States, however, per capita consumption of red meat is expected to level off at a little over *** pounds.

Market Size statistics on the Hog & Pig Farming industry in the US

Graph and download economic data for Employment for Agriculture, Forestry, Fishing and Hunting: Hog and Pig Farming (NAICS 11221) in the United States (IPUAN11221W200000000) from 1987 to 2024 about hogs, hunting, livestock, forestry, fishing, agriculture, NAICS, IP, employment, and USA.

Global Pig Farming Market is segmented by Application (Pig Farmers_ Meat Producers_ Food Industry_ Agricultural Businesses_ Government Agencies), Type (Pig Farming_ Pork Production_ Swine Industry_ Livestock Farming_ Agriculture), and Geography (North America_ LATAM_ West Europe_Central & Eastern Europe_ Northern Europe_ Southern Europe_ East Asia_ Southeast Asia_ South Asia_ Central Asia_ Oceania_ MEA)

The global online farm software for pig market size was valued at USD XX million in 2025 and is projected to expand at a CAGR of XX% during the forecast period, reaching USD XX million by 2033. The growth of the market is attributed to the increasing adoption of precision farming techniques, the need for improved farm management efficiency, and government initiatives promoting digital agriculture. Cloud-based solutions are gaining popularity due to their affordability and accessibility, while on-premise software remains preferred by large farms with complex operations. Major players in the market include Anyou Biotechnology, Fujian Aonong Biological, Guangxi Nanning Jiuxiang Software, and Fuzhou Micro Pig Information. Key trends driving the market include the rise of IoT (Internet of Things) technologies, the integration of artificial intelligence (AI) and data analytics, and the increasing demand for traceability and sustainability in the food and agriculture sector. Regions with a large pig farming industry, such as North America, Europe, and China, are expected to be key growth markets for online farm software for pig. However, factors such as high implementation costs, data security concerns, and a lack of technical expertise among farmers may restrain market growth in developing regions.

Discover the booming global pig farming market! Explore key trends, growth drivers, and leading companies shaping this $150 billion industry. Learn about market size, CAGR, and regional insights from 2019-2033. Get ahead of the curve with this in-depth analysis.

This statistic displays the public opinion of the pig farming industry in the Netherlands in 2012, 2014 and 2016. In 2012, the pig farming industry received an appreciation of approximately *** on a scale from one to seven.

In the second quarter of 2025, there were about *** thousand pig farms in South Korea. That year, the number of pigs on farms in the country amounted to around **** million.

The global pig farming equipment market is booming, projected to reach $25 billion by 2033 with a 6% CAGR. Discover key drivers, trends, restraints, and leading companies shaping this dynamic industry. Learn about automation, sustainability, and the future of pig farming technology.

Discover the latest market analysis on the booming global pig breeding and raising industry. Explore key trends, growth drivers, challenges, and major players shaping this $100+ billion market. Learn about market size projections, CAGR, and regional breakdowns for informed business decisions.

Discover the booming pig farming market! Explore key trends, growth drivers, and challenges shaping this multi-billion dollar industry. Learn about leading players like Smithfield Foods and Charoen Pokphand Foods, and get insights into the future of pork production from our comprehensive market analysis (2019-2033).

The intelligent pig farming market is experiencing robust growth, driven by increasing demand for efficient and sustainable pork production. Technological advancements in areas like automated feeding systems, pig face recognition for individual animal monitoring, and smart pig farming solutions are revolutionizing the industry. This market is segmented by application (individual and collective farmers) and by type of technology (automatic feeding, pig face recognition, and smart pig systems). While precise market sizing data is not provided, considering similar agritech sectors exhibiting high growth rates and substantial investments, we can reasonably estimate the 2025 market size to be around $1.5 billion, with a Compound Annual Growth Rate (CAGR) of 15% projected for the forecast period (2025-2033). This growth is fueled by several factors including rising global pork consumption, increasing labor costs in traditional farming, and growing consumer awareness about food safety and animal welfare. Companies like Alibaba Cloud, Jingdong, and other tech giants are actively investing in this space, developing and deploying innovative solutions for pig farmers of all sizes. The market's expansion is further supported by ongoing technological advancements that enhance data analysis and predictive capabilities, enabling better disease management and optimized resource allocation. However, the adoption of intelligent pig farming technologies faces restraints such as high initial investment costs, the need for reliable internet connectivity in rural areas, and a potential skills gap among farmers requiring training in operating and maintaining these sophisticated systems. The Asia-Pacific region, particularly China and India, is expected to dominate the market due to their substantial pig farming industries and rapid technological adoption. North America and Europe will also witness significant growth driven by the focus on precision agriculture and improved farming efficiency. The diverse range of companies involved, from established tech giants to specialized agricultural technology providers, suggests a competitive yet dynamic market landscape poised for substantial expansion in the coming years.

Revenue for the Hog & Pig Farming industry in New Brunswick is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has stagnated an annualized x% to xx locations over the past five years. Industry employment has increased an annualized x.x% to xxx workers during the period, while industry wages have increased an annualized x.x% to $x.x million.

Intelligent Pig Farm Market Outlook

The global intelligent pig farm market size was valued at approximately USD 1.2 billion in 2023 and is projected to reach USD 5.6 billion by 2032, growing at a compound annual growth rate (CAGR) of 18.7% during the forecast period. The growth of this market is driven by technological advancements in farming, increasing demand for efficient livestock management systems, and the rising need to enhance productivity and profitability in the agricultural sector.

One of the primary growth factors for the intelligent pig farm market is the increasing adoption of advanced technologies such as IoT, AI, big data, and robotics in agriculture. These technologies help farmers monitor and control various aspects of pig farming, including feeding, breeding, health, and environmental conditions. By providing real-time data and analytics, these technologies enable farmers to make informed decisions, optimize resource utilization, and improve overall farm efficiency. Additionally, the growing awareness about the benefits of precision farming and smart agriculture is encouraging more farmers to invest in intelligent pig farming solutions.

Another significant growth factor is the rising global demand for pork and pork products. As the world's population continues to grow, so does the consumption of meat, particularly pork, which is a staple in many cultures. Efficient and sustainable pig farming practices are essential to meet this increasing demand while minimizing the environmental impact. Intelligent pig farming systems help farmers achieve higher productivity and better animal welfare, ensuring a consistent supply of high-quality pork products to the market. Furthermore, government initiatives and subsidies aimed at promoting the adoption of smart farming technologies are also contributing to the market's growth.

The need to address various challenges faced by the traditional pig farming industry, such as disease outbreaks, inefficient resource management, and labor shortages, is another crucial growth factor. Intelligent pig farming solutions provide farmers with tools to monitor animal health, detect early signs of diseases, and implement preventive measures. This not only reduces the risk of disease outbreaks but also improves animal welfare and farm productivity. Moreover, the automation of routine tasks, such as feeding and cleaning, helps reduce labor costs and dependency on manual labor, making pig farming more sustainable and profitable.

From a regional perspective, the Asia Pacific region is expected to witness significant growth in the intelligent pig farm market during the forecast period. The region's large population, growing middle class, and increasing disposable income are driving the demand for pork and pork products. Countries such as China, Japan, and South Korea are investing heavily in advanced farming technologies to enhance productivity and meet the rising demand. Additionally, supportive government policies and initiatives aimed at promoting smart agriculture are further boosting the market growth in this region.

Component Analysis

The intelligent pig farm market is segmented into three main components: hardware, software, and services. Each component plays a crucial role in the overall functionality and efficiency of intelligent pig farming systems. Hardware includes IoT devices, sensors, cameras, and other equipment used for monitoring and controlling various aspects of pig farming. These devices collect real-time data on animal health, environmental conditions, and feeding patterns, which is essential for making informed decisions and optimizing farm management.

Software solutions are equally important in intelligent pig farming, as they provide the necessary tools for data analysis, visualization, and decision-making. These solutions include farm management software, animal health management software, and data analytics platforms. By analyzing the data collected by hardware devices, software solutions help farmers identify trends, detect anomalies, and implement corrective actions to improve farm efficiency and productivity. Furthermore, software solutions enable farmers to automate routine tasks, such as feeding and cleaning, reducing labor costs and increasing operational efficiency.

Services are another critical component of the intelligent pig farm market, as they provide the necessary support and expertise to ensure the successful implementation and operation of intelligent farming systems. These services include consulting, training, installation, mainten

Hogs and pigs are one of the main sources of meat in the United States, and there is a thriving domestic pork market. As of March 2024, Iowa had an inventory of about 25.1 million hogs and pigs, making it the top producer of swine in the country by a large margin. In that same year, the second largest producer of hogs and pigs was Minnesota, with about nine million head. Swine Production Pigs have several advantages over other livestock. They are good at converting animal feed into meat and do not require large grazing areas. In addition, almost every part of the pig can be eaten or processed, making them an efficient source of meat. Thus, raising pigs for consumption is a good investment for small-scale farmers and factory farms alike. Pork Market in the U.S. Some of the classic staples of an American breakfast are bacon, sausage, or ham, which are all pork products. Pork is one of the most frequently consumed types of meat in the United States with the average American consuming about 51.1 pounds of pork per year as of 2020. In 2022, over 27 billion pounds of pork were produced in the United States.

Market Size statistics on the Pig Farming industry in China

In Denmark, the number of farms with pigs decreased overall in the past years and amounted to *** thousand farms in 2021. This might be a result of Denmark having more and more large, modern and high-tech farms, on which farmers are able to breed many animals, instead of having many small farms with only a few animals. Despite the reduced number of farms, the number of pigs on Danish farms decreased only slightly and remained almost the same. As of 2021, there were roughly ** million pigs on farms.

 Pork production  The breeding of pigs and production of pig meat has been a major industry in Denmark for a long time. The country has one of the leading pig industries in the world. Pig meat produced in Denmark is characterized by its high quality; pig farmers constantly try to improve the welfare of live pigs. Among the ** million pigs living on farms in 2021, the number of pigs for slaughtering was approximately *** million animals.

Export trade
Today, Danish pork and bacon is popular worldwide, and Denmark is among the world’s largest pig meat exporters. Most of the domestically produced pig meat is for export, as international trade is essential for the Danish economy. The value of for example fresh or chilled pork exported from Denmark fluctuated over the past years and amounted to roughly *** million Danish kroner in 2020.