Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
   
   

Agricultural News


New Foodservice Study Shows Pork Is Fastest-Growing Protein

Mon, 26 Aug 2013 14:47:43 CDT

New Foodservice Study Shows Pork Is Fastest-Growing Protein
With a growth rate outpacing all other proteins in the foodservice industry, pork is hot. According to Technomic, Inc.'s 2013 Volumetric Assessment of Pork in Foodservice, pork is sustaining its popularity having become the foodservice industry's fastest-growing protein in each of the past two years.


This most recent study noted that total pork sold through foodservice outlets reached a record-breaking 9.25 billion pounds, reflecting a volume increase of 462 million pounds over 2011 when the survey was last undertaken. The 2.6 percent increase outpaced the total protein growth average of 0.8 percent and the 1.5 percent total growth of the foodservice industry itself.


"We are pleased to see such positive growth in foodservice, especially carnita meat, shoulder/butt and pulled pork," said Stephen Gerike, director of foodservice marketing for the Pork Checkoff. "The volumetric study shows that operators are leveraging pork's versatility."


Since 2011, fresh pork has driven growth of the total pork category, increasing by 3.5 percent on an annual basis. Sales of processed pork also grew 2.3 percent, largely driven by sales of ham, breakfast sausage and bacon. Sales of these traditional breakfast meats represent 56 percent of the carcass-weigh equivalent. Other study highlights include:

-- In categories where both uncooked and pre-cooked pork offerings exist, sales grew at about the same rate.

--   In categories where bone-in and boneless pork are available, sales of both versions have increased since 2011, with boneless growing at a slightly faster rate.


"Pork cuts can be used across the menu as a basis for many trending global recipes, as an individual ingredient or as a center-of-the-plate item," Gerike said. "It's also interesting to note that the popularity of pork spanned all day parts, and was not limited to morning or evening."


The Technomic, Inc. study also showed that of the 24 pork product categories reviewed, 22 demonstrated positive growth in sales. On a per-pound basis, bacon grew the most between 2011 and 2013, up 102 million pounds. Carnita meat - a traditional Mexican preparation of pulled or diced shoulder of pork - shoulder/butt and pulled pork grew the fastest by percent with a compound annual growth rate of 8 percent, 6.6 percent and 6.4 percent respectively. Ground pork, Canadian bacon, whole loin, Italian specialty meats and ribs also demonstrated notable growth.


"When it comes to the three major day parts - breakfast, lunch and dinner - pork is almost equally represented, but sales grew most aggressively in the areas of breakfast protein and snacks," Gerike said. "It's clear that pork is on the foodservice menu across all segments, and full-service and limited-service restaurants represent about two-thirds of all pork volume sold."


The Technomic, Inc. study reinforced results released by the USDA on August 23, 2013. As of July 31, 2013, frozen pork supplies held in inventory were down 3.5 percent from June. The reduction in frozen inventories, given slightly lower year-to-date pork production, lower exports and higher retail pork prices, reflects the strong pork demand seen since February.


   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Slaughter Cows 2.00-3.00 Higher, Slaughter Bulls 2.00-4.00 Higher Compared to Last Week at OKC West  Mon, 22 Apr 2019 20:11:42 CDT
  • Slaughter Cows 2.00-3.00 Higher, Slaughter Bulls 2.00-4.00 Higher Compared to Last Week at OKC West  Mon, 22 Apr 2019 20:10:13 CDT
  • 2019 Winter Wheat Quality a Stark Comparison Against Last Year's Crop, Plus Bean Planting Begins  Mon, 22 Apr 2019 17:10:32 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Monday, April 22, 2019  Mon, 22 Apr 2019 14:42:10 CDT
  • Monday Market Wrap-Up with Justin Lewis  Mon, 22 Apr 2019 14:40:02 CDT
  • Monday Afternoon Market Wrap-Up with Carson Horn  Mon, 22 Apr 2019 14:10:03 CDT
  • Ag, Natural Resources Groups Support Multi-Stakeholder Proposal to Manage Wild Horses, Burros  Mon, 22 Apr 2019 13:01:36 CDT
  • American Farm Bureau Leads 135 Farm Groups in Asking President Trump, Congress to Give Farmers Disaster Relief  Mon, 22 Apr 2019 12:53:25 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Herbs Herb Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment AFR Insurance Oklahoma City Farm Show Stillwater Milling KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Search OklahomaFarmReport.com


       
       
    © 2008-2019 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.