What is the stage of the meat products industry?

China's meat industry is at a stage where production is too decentralized, unit size is relatively small, and production methods are relatively outdated.

For the meat industry, 2020 is a special year, by the impact of the African swine fever epidemic and the superimposed impact of the new crown pneumonia epidemic, the meat industry is under pressure to move forward. And with the gradual recovery of production capacity and demand, meat companies have a bullish outlook for the industry.

Related content explains:

Industry insiders believe that the subsequent market will stabilize, while the industry may accelerate the scale of the industry, in part of the small and medium-sized farmers to exit at the same time, the breeding structure, the industrial chain will also face reshaping. Currently, the hog farming industry is warming up significantly. On the one hand, the price of hogs appeared a small recovery rebound, on the other hand, the consumer side of the demand gradually recovered, the continuous increase in production capacity has also become a definite trend.

Despite the previous slow decline in hog prices, the profit level is still at a high level. Experts believe that with the recovery of hog production, supply and demand will gradually improve, the market price of pork will gradually stabilize, will not rise or fall significantly.