Global Bacon Market By Product Overview
Bacon is prepared from cuts of meat. The meat is sold cured, fresh, and sometimes smoked. Bacon enhances the flavors of dishes and is wrapped around lean meats to provide moisture while cooking the meat. It is comparatively versatile when it comes to cooking. It is used to get an exquisitely savory and salty taste. The bacon grease is also applicable to cook or fry other dishes. Bacon is often consumed in breakfast and is served with pancakes, eggs, or waffles. Aside from breakfast, bacon is widely used in sandwiches and hamburgers to enhance their flavor. Depending on certain regions, the taste and texture of bacon varies, such as American-style bacon, Canadian bacon, Irish bacon, and many more.
Global Bacon Market By Product Dynamics
Increasing consumers demand towards ready-to-eat and ready-to-cook meat products with better quality and taste is driving growth of the global bacon market. In addition, increase in consumer awareness and acceptance, regarding the convenience of meat products, is another important factor boosting growth of the global market. Foodservice outlets have increased their menu options, by offering a wide range of products containing bacon, thereby propelling the global market growth. However, bacon contains a significant amount of fat and sodium, which increases the risk of high blood pressure and heart disease that hampers growth of the global bacon market. Nevertheless, bacon sandwiches are extremely popular amongst youngsters, and this trend creates lucrative opportunities for the global market growth. Sale of bacon sandwiches through retail stores and food outlets has opened new avenues for growth and revenue-generation. This factor has played an integral role in the growth of the global market. Supply chain management and advancements in food processing have helped in procurement of bacon across food units. It is safe to predict that the global bacon market would emerge into a lucrative industry in the coming years. According to data published by IBEF in 2017, India's exports of processed food and related products (including of animal products) grew at a CAGR of 11.74 %, reaching US$ 16.2 billion.
Global Bacon Market By Product Segmentation
The global bacon market is segmented based on product type, distribution channel, and region.
On the basis of product type, the global market is segmented into standard bacon and ready-to-eat bacon. Based on distribution channel, the global market is bifurcated into foodservice channel and retail channel. The foodservice channel segment is further segmented into full-service restaurants, quick-service restaurants, cafes & bars, and other foodservice channels. The retail channel segment is further segmented into supermarkets/hypermarkets, specialty stores, online stores, and other retail channels.
Regional Insights:
Based on region the global bacon market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounts for the major share of the global bacon market. This is mainly attributed due to changing consumer preference for meat-based breakfast options, including bacon, over other breakfast options, such as pancakes. Consumers mainly in the United States and Canada are changing palates and willing to try new products. Fast-food chains, such as McDonald’s, Burger King, and Carl's Jr. have introduced more bacon options to their food menus in different flavor profiles, in order to improve consumer satisfaction, thereby driving market sales in the region. Moreover, the meat sector is a great source of prosperity and pride and too many Canadians. The government is undertaking various initiatives to help the processors and producers of bacon to become more innovative and competitive in domestic and world markets. Thus, enabling rapid growth for the global market in the region.
Global Bacon Market, By Product Type:
- Standard Bacon
- Ready-to-Eat Bacon
Global Bacon Market, By Distribution Channel:
- Foodservice Channel
- Full-service Restaurants
- Quick-service Restaurants
- Cafes & Bars
- Other Foodservice Channels
- Retail Channel
- Supermarkets/Hypermarkets
- Specialty Stores
- Online Stores
- Other Retail Channels
Global Bacon Market, By Region:
- North America
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- North America Bacon Market, By Product Type
- North America Bacon Market, By Distribution Channel
- North America Bacon Market, By Country
- U.S.
- Canada
- Europe
- Europe Bacon Market, By Product Type
- Europe Bacon Market, By Distribution Channel
- Europe Bacon Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Asia Pacific Bacon Market, By Product Type
- Asia Pacific Bacon Market, By Distribution Channel
- Asia Pacific Bacon Market, By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Latin America Bacon Market, By Product Type
- Latin America Bacon Market, By Distribution Channel
- Latin America Bacon Market, By Country
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Middle East & Africa Bacon Market, By Product Type
- Middle East & Africa Bacon Market, By Distribution Channel
- Middle East & Africa Bacon Market, By Country
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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Global Bacon Market By Product Key Players
The key players operating the global bacon market involves Tyson Foods, Inc., Hormel Foods Corporation, WH Group Limited, The Kraft Heinz Company, JBS SA, Fresh Mark, Inc., Maple Leaf Foods, Great British Meat Co., Seaboard Corporation, and Maple Leaf Foods. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market.
Global Bacon Market By Product Company Profile
- Tyson Foods, Inc. *
- Company Overview
- Chipset Portfolio
- Key Highlights
- Financial Performance
- Hormel Foods Corporation
- WH Group Limited
- The Kraft Heinz Company
- JBS SA
- Fresh Mark, Inc.
- Maple Leaf Foods
- Great British Meat Co.
- Seaboard Corporation
- Maple Leaf Foods
“*” marked represents similar segmentation in other categories in the respective section
Global Bacon Market By Product Table of Contents
Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
- Opportunity Map Analysis
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Bacon Market, By Product Type, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Standard Bacon
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Ready-to-Eat Bacon
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Bacon Market, By Distribution Channel, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Foodservice Channel
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Full-service Restaurants
- Quick-service Restaurants
- Cafes & Bars
- Other Foodservice Channels
- Retail Channel
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Supermarkets/Hypermarkets
- Specialty Stores
- Online Stores
- Other Retail Channels
- Overview
- Global Bacon Market, By Region, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
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- Tyson Foods, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Hormel Foods Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- WH Group Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- The Kraft Heinz Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- JBS SA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Fresh Mark, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Maple Leaf Foods
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Great British Meat Co.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Seaboard Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Maple Leaf Foods
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Tyson Foods, Inc.
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- Section
- Research Methodology
- About Us
- Contact
FAQs
The Bacon Market report segments the market been segmented on the based on product type, distribution channel, and region.
The Bacon industry is expanding as a result of rising customer demand for pork products that are ready to eat and ready to cook and have improved quality and flavour.
North America accounts for the major share of the bacon market
The leading players operating in the Bacon Market includes Tyson Foods, Inc., Hormel Foods Corporation, WH Group Limited, The Kraft Heinz Company, JBS SA, Fresh Mark, Inc., Maple Leaf Foods, Great British Meat Co., Seaboard Corporation, and Maple Leaf Foods.