Key Market Indicators
Pig production in the United States is projected to rise 1.1% annually from 2021 to 2026. The total number of pigs is expected to reach 21.3 million heads by 2026, up from 19.9 million heads in 2021. This follows a trend of consistent growth since 1966, with a 2.3% annual gain over the last 54 years. Meanwhile, American pork consumption is expected to increase by 0.6% annually, from 9.4 million metric tons in 2021 to 9.7 million metric tons by 2026. This follows an average 0.9% annual growth since 2017.