Prepared or preserved pork and offal market in Americas

Earlier Report Observations

The market volume for prepared or preserved pork and offal in the U.S. showed moderate fluctuations from 2018 to 2020. In 2018, a 2% increase in consumption contributed to a market size of 1.2 million tons. After a slight dip in 2019, the market recovered in 2020, supported by innovations in processing technologies such as high-pressure treatment and vacuum packaging, alongside growing consumer preference for clean-label products without additives.

Market volume stabilized around 1.2 million tons from 2021 to 2023. Despite continued demand for convenient, protein-rich processed meats, 2021 saw a minor decline. A significant rise occurred in 2022, driven by increased U.S. pork production and the cultural acceptance of offal in ready-to-eat formats, pushing the market to 1.21 million tons. By 2023, the volume eased back to 1.20 million tons.

In 2024, structural shifts emerged with Cargill's acquisition of two processing plants and JBS's investments in packaging capacity aiming to boost output. Legislative proposals like the House Farm Bill sought to facilitate direct meat sales, while updated voluntary labeling guidelines promoted transparency. Consumer trends leaned toward products with fewer preservatives and labels highlighting antibiotic-free or regenerative practices, alongside growing competition from plant-based alternatives.

Production prepared or preserved pork and offal in Americas

In kind, 2017-2020, K t

Top producers of prepared or preserved pork and offal, 2017-2020

World map of production of prepared or preserved pork and offal, 2017-2020

Production of prepared or preserved pork and offal in the Americas has increased for the third consecutive year. In 2020, the region produced 1 210 K t, marking a 1.6% rise from 2019. Over the period from 2017 to 2020, production grew by 2 933.1%, with a compound annual growth rate of 211.9%.

Annual dynamics of production in Americas in kind, 2017-2020, K t

In value, 2017-2020, M $ US

The value of prepared or preserved pork and offal production in the Americas has also risen for the third year in a row. In 2020, output was valued at 5 430 M $ US, showing a sharp increase of 25.2% compared to 2019. From 2017 to 2020, production value surged by 3 519.6%, with a compound annual growth rate of 230.8%.

Annual dynamics of production in Americas in value, 2017-2020, M $ US

Exports prepared or preserved pork and offal from Americas

Exports in kind, K t

In 2020, exports of prepared or preserved pork and offal from the Americas totaled 41.9 K t, representing a significant decline of 21.0% year-over-year. Between 2017 and 2020, exports decreased by 6.3%, equating to an annualized rate of 2.1%. The peak export volume was recorded in 2018 at 53.0 K t, with the largest increase of 18.6% also occurring that year.

Annual dynamics of product's exports from Americas in kind, 2017-2020, K t

From 2017 to 2020, Japan, Hong Kong, and Angola were the core markets for exports in kind, accounting for 31.9%, 18.8%, and 2.0% of total flows, respectively. Together, these three markets represented 52.7% of all exports.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Americas in kind, 2017-2020

Exports in value, M $ US

After two years of growth, exports of prepared or preserved pork and offal from the Americas declined in 2020, reaching 188.0 M $ US, a 2.6% decrease from 2019. Over the period from 2017 to 2020, exports increased by 11.9%, with an annualized rate of 3.8%. The highest value was recorded in 2019 at 193.0 M $ US, while the largest increase of 14.6% occurred in 2018.

Annual dynamics of product's exports from Americas in value, 2017-2020, M $ US

Between 2017 and 2020, Japan, Hong Kong, and Angola accounted for the largest share of exports in value terms, with 23.3%, 11.2%, and 1.0% of total flows, respectively. Combined, these three markets made up 35.6% of all export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Americas in value, 2017-2020

Imports prepared or preserved pork and offal to Americas

Imports in kind, K t

Imports of prepared or preserved pork and offal into the Americas have declined for the third consecutive year. In 2020, import volume stood at 26.6 K t, reflecting a decrease of 34.4% compared to 2019. From 2017 to 2020, imports fell by 87.4%, with a compound annual growth rate of -49.9%.

Annual dynamics of product's imports to Americas in kind, 2017-2020, K t

Throughout 2017 to 2020, Denmark, Spain, and Italy were the leading sources for imports in kind, contributing 8.6%, 5.3%, and 1.0% of total flows, respectively. Together, these three countries accounted for 14.9% of all imports.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Americas in kind, 2017-2020

Imports in value, M $ US

After a two-year increase, imports of prepared or preserved pork and offal into the Americas declined in 2020, totaling 416.7 M $ US, a substantial drop of 15.8% from the previous year. Over the period from 2017 to 2020, imports decreased by 11.9%, with a compound annual growth rate of -4.1%. The peak import value was recorded in 2019 at 495.2 M $ US, with the largest increase of 3.0% also occurring that year.

Annual dynamics of product's imports to Americas in value, 2017-2020, M $ US

From 2017 to 2020, Denmark, Spain, and Italy were the principal sources for imports in value terms, accounting for 5.2%, 4.4%, and 1.2% of total flows, respectively. Jointly, these three countries represented 10.8% of all import value.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Americas in value, 2017-2020