World - Lard - Market Analysis, Forecast, Size, Trends and Insights
Which Country Produces the Most Lard in the World?
In 2015, the country with the largest volume of the lard output was China (2,418 thousand tonnes), accounting for 40% of global production. Moreover, lard output in China exceeded the figures recorded by the world's second largest producer, Germany (626 thousand tonnes), fourfold. The third position in this ranking was occupied by Brazil with a share of 7%.
From 2007 to 2015, an average annual growth rate of lard producton in China stood at +2.5%. The remaining producing countries recorded the following average annual growth rates: Germany (+0.9% per year) and Brazil (+1.8% per year).
Top 10 Lard Producing Countries in the World
1. China (2,418K Tonnes)
2. Germany (626K Tonnes)
3. Brazil (444K Tonnes)
4. United States (383K Tonnes)
5. Russia (352K Tonnes)
6. Italy (173K Tonnes)
7. Belgium (154K Tonnes)
8. Poland (146K Tonnes)
9. France (131K Tonnes)
10. Canada (124K Tonnes)
Global Lard Production
Global lard production amounted to 6,077 thousand tonnes in 2015, rising by +1.0% against the previous year level. Overall, the global lard output pursued a pronounced growth from 2007 to 2015. The trend pattern was relatively stable, with only minor fluctuations throughout the analyzed period. The total output figures increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2010, when the output figure increased by +3% from the previous year level. Over the period under review, the global lard production attained its maximum volume of 6,077 thousand tonnes in 2009. From 2010 to 2015, the total lard output growth failed to regain its strength.
Over the analyzed period, an increase in global lard production was primarily driven by disposable income growth and population growth. Furthermore, these key drivers are expected to continue promoting the lard output in the immediate term.
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- lard market share
- lard prices
- lard industry
- lard sales
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- lard price forecast
- key lard producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global lard market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
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The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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