Global Hog Breeding Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2030

The Hog Breeding market is experiencing robust expansion, with market size projected to increase from XX billion in 2023 to xx billion by 2030, demonstrating a consistent year-over-year growth rate of 4.57%. Hog Breeding Market Size, Share, Competitive Landscape and Trend Analysis Report, by Types (Purebred, Crossbred, Hybrid), by applications (Commercial Farms, Research Institutes, Small Farms) And regions (North America(United States.Canada.Mexico), South America(Brazil.Argentina.Chile.Rest of South America), Europe(Germany.France.Italy.United Kingdom.Benelux.Nordics.Rest of Europe), Asia Pacific(China.Japan.India.South Korea.Australia.Southeast Asia.Rest of Asia-Pacific), MEA(Middle East.Africa)) : Industry Forecast and Opportunity Analysis for 2023 - 2030

Hog breeding at a global scale covers the activity of breeding and raising pigs for meat. This covers the processes of procuring breeding stock, artificially inseminating sows, rearing piglets, and managing breeding herds. The population growth leading to an increase in demand for pork products coupled with rising ethnic diversities and incomes as well as changing eating habits are some of the factors motivating the market. However, the due relationship between demand and supply of pork products creates a demand for the pig breeding industry in expansion of commercialisation of pork.

Hog Breeding Report Highlights

Report Metrics	Details
Forecast period	2019-2030
Base Year Of Estimation	2023
Growth Rate	CAGR of 4.57%
By Product Type	Purebred, Crossbred, Hybrid
Key Market Players	Allflex Cargill Choice Genetics Danish Crown Genesus Hendrix Genetics Hypor JBS SA New Hope Group PIC (Pig Improvement Company) Seghers Smithfield Foods Topigs Norsvin Tyson Foods
By Region	North America(United States.Canada.Mexico) South America(Brazil.Argentina.Chile.Rest of South America) Europe(Germany.France.Italy.United Kingdom.Benelux.Nordics.Rest of Europe) Asia Pacific(China.Japan.India.South Korea.Australia.Southeast Asia.Rest of Asia-Pacific) MEA(Middle East.Africa)

Hog Breeding Market Trends

At the moment, the worldwide pig breeding market is predominantly shifting its focus on genetic selection and breeding technologies for better herd productivity and sustainability. On the other hand, artificial insemination and embryo transfer, which are advanced breeding technologies, have been embraced to enhance breeding healthy, productive pigs. Well, these improvements in technology enhance growth rates and litter size, but they also enhance the environmental sustainability of hog farming by improving feed conversion efficiency and reducing emissions of greenhouse gases. Another notable trend in the hog breeding market is the growing emphasis on biosecurity and animal welfare practices. Given the trends in animal health and food safety, producers are now adopting more complex biosecurity precautions to ward off diseases and ensure healthy production of animals. This trend also encourages a demand for disease-resistant breeds, which cuts down on the dependence on antibiotics and improves the health condition of the overall herd. These market constraints are indicative of negative outlooks towards the pork sector and its impact on the practice of hog breeding as we know it today all over the globe.

Hog Breeding Market Leading Players

The key players profiled in the report are Allflex, Cargill, Choice Genetics, Danish Crown, Genesus, Hendrix Genetics, Hypor, JBS SA, New Hope Group, PIC (Pig Improvement Company), Seghers, Smithfield Foods, Topigs Norsvin, Tyson Foods

Growth Accelerators

The global hog breeding market is primarily attributed to the demand for pork and its related products owing to the increasing global population and their pork appetites. With development, urbanisation also comes into play, and people are embracing diets rich in proteins, and many regions consider pork as the preferred meat, especially in Asia and Europe. Such demand pushes hog producers to modify their breeding practices for a constant supply of quality pigs, which in turn leads to improvements in breeding technologies and genetics targeting growth rates, feed conversion efficacies, and disease resistance. Also, the advancement in breeding techniques such as artificial insemination and genetic selection is another major factor driving the hog breeding market. These advances enable the breeders to maintain productive and healthy herds, resulting in improved quality and quantities of the meat produced. In addition to that, there has been an increase in the focus on animal welfare and sustainable farming, and this has also led to hog producers employing less cruel and more efficient breeding systems. This aspect of sustainability, paired with the always-growing consumer demands in terms of quality and safety of products, leads to the increase of the global hog breeding market even more.

Hog Breeding Market Segmentation analysis

The Global Hog Breeding is segmented by Type, Application, and Region.
By Type, the market is divided into Distributed Purebred, Crossbred, Hybrid . The Application segment categorizes the market based on its usage such as Commercial Farms, Research Institutes, Small Farms. Geographically, the market is assessed across key Regions like North America(United States.Canada.Mexico), South America(Brazil.Argentina.Chile.Rest of South America), Europe(Germany.France.Italy.United Kingdom.Benelux.Nordics.Rest of Europe), Asia Pacific(China.Japan.India.South Korea.Australia.Southeast Asia.Rest of Asia-Pacific), MEA(Middle East.Africa) and others, each presenting distinct growth opportunities and challenges influenced by the regions.

Competitive Landscape

The international market for swine breeding, particularly in relation to swine breeding and the genetic services market, is expected to augment from USD 5.4 billion in the year 2022 to around USD 7.9 billion by 2029. This can be attributed to an increase in the livestock population, growing concern about genetic disorders in animals, and more money being poured into R&D off high-tech breeding. With the rising population globally, particularly in urban areas, there is an increasing need for high-quality pork, which also enhances the market. The landscape of the market for hog breeding includes established manufacturers and new companies whose focus is on genetic progress and better breeding operations. Key players consist of large genetic companies, agricultural businesses, and others who strive to deploy the latest technology for the improvement of swine production and health. Currently, the APA region leads the hog breeding market owing to the high consumption of pork in countries such as China. On the other hand, North America has been identified as the fastest-growing market owing to the growing need for sustainable genetically bred optimised pork production. In this context, joint ventures of industry players and the breeding technology progress are considered lessons for keeping the edge in the competition in this transforming market.

Challenges In Hog Breeding Market

The global market for hog breeding is encountering various obstacles, including the upsurge of reluctance towards animal cruelty and the increasing inclination towards eco-friendly farming. This is because most consumers are becoming more concerned about the ethics of livestock rearing, leading to hog breeders feeling the need to change their breeding techniques to more humane ones and also change the conditions in which the animals are kept. In most cases, this revolution implies a complete overhaul of the existing systems and the installation of modern facilities, something that is hard for smaller businesses. The threat of diseases such as African Swine Fever and Porcine Reproductive and Respiratory Syndrome presenting another challenge to the hog breeding market. These diseases have an adverse effect on herd health and its productivity. Such diseases not only cause huge economic losses through mortality and culling practices but also result in other restrictions like trade bans and lower consumer output. Containing biosecurity risks and making provisions even further strains pork producers working to prevent these diseases under challenging market conditions. Such market forces drive the need for innovation and flexibility within the industry in order to keep it afloat and even grow.

Risks & Prospects in Hog Breeding Market

The global hog breeding market also offers enormous opportunities in its wake, driven by the growth in demand for pork products as well as the need to enhance the breeding process itself. Growing demand from consumers for better-quality, sustainable meat is forcing this direction toward genetic improvement and selection breeding. As such, these include productivity, resistance to diseases, and animal welfare improvement. Opportunities will be on the rise for firms specialising in breeding technology and genetic research. This translates to new market segments for organic and free-range pork products, which allows breeders to target niche markets that are willing to pay a premium for livestock reared under better environmental standards. The industry's embrace of sustainable practices also opens up opportunities for breeders to develop and promote sustainable breeding methods that minimise environmental impact. With the global pork market expanding, especially in emerging economies, the combination of technological advancements and a focus on sustainable practices positions the hog breeding market for substantial growth in the coming years.

Key Target Audience

The global hog breeding market’s primary focus is on commercial pig producers and livestock farmers striving to improve their breeding systems for better productivity and profits. This group of stakeholders seeks the acquisition of top-quality breeding stock and the introduction of advanced breeding methods, for example, artificial insemination and genetic selection, to improve characteristics such as growth rate, feed conversion efficiency, or disease resistance. Such factory for pork production enhancement provides the producers with higher efficiency of their operations, which meets the existing demand for pork in the market.,, In addition, agricultural scientists and geneticists working towards enhancing hog breeds using modern genetic engineering techniques form one more important group in the hog breeding market. This audience intends to learn more about breeding programs aimed at improving the health and well-being of the animals and sustainable development of agriculture. Thus, the interaction between these audiences provides an impetus for the growth of the hog breeding market, which in turn makes pork production more efficient and environmentally responsible.

Merger and acquisition

Recent moves in the global hog breeding market are indicative of a trend towards the attainment of genetic improvement and efficient operations through consolidation. A significant merger has been the coming together of a Dutch company Topigs International and a Norwegian company Norsvin International, which was publicly disclosed during the World Pork Expo. The combined company, which is Topigs Norsvin, has revenues... The market share of the new company, Topigs Norsvin, is expected to increase since it will account for about 12.5% of the global pigs’ genetic market, with the rest suggesting an industry controlled by a few players—large ones. Apart from this merger, the other concern is the acquisition of Choice Genetics by Axiom Group, which is quite important within the swine genetics in France. From 20 December 2023, Axiom will acquire controlling shares in the operations of Choice Genetics in France, Poland, and Brazil. The goal of this acquisition is to create additional efficiencies, especially in research and development, without however... It has been determined that this acquisition will contribute to innovation and profit by creating interactions of experiences and assets, and it will also help to accelerate the ongoing consolidation in the pork breeding market.