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Hog & Pig Farming in Canada Industry Data and Analysis
The Canadian pork industry has seen significant growth since 2020, with revenue climbing at a CAGR of 2.3% to reach an estimated $8.5 billion after growing 11.7% in 2025. Much of the industry's revenue growth has been driven by surges in domestic pork sales led by rapid population expansion. Consistent upticks in red meat prices have also bolstered farmers' cash receipts. However, tapering population growth in 2025, marked by a slowdown in immigration targets, stands to put a damper on this momentum. Competition from poultry and plant-based proteins has also remained fierce, particularly as poultry meat prices fall from earlier peaks. The emphasis on premium pork products amid changing consumer dietary preferences continues to shape the hog market, balancing the challenges to demand that have come from declining per-capita consumption in 2024 and 2025.
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What's included in this industry analysis
IBISWorld's research coverage on the Hog & Pig Farming industry in Canada includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released October 2025.
About this industry
What's this industry report about?
The Hog & Pig Farming industry in Canada operates under the NAICS industry code 11221CA. Operators in the Hog and Pig Farming industry in Canada primarily farm hogs and pigs in farrow-to-finish operations that include breeding, farrowing, weaning and raising feeder pigs or market size hogs. The term pig usually refers to the domestic mammal when it is young or small, while hog is the name typically given to domesticated pigs that weigh more than 54.0 kilograms. While hog feedlots are included in the industry, the transportation of the livestock is not. Related terms covered in the Hog & Pig Farming industry in Canada include h1n1, farrowing, feeder pig and sow.
What's included in this industry?
Products and services covered in Hog & Pig Farming industry in Canada include Market hogs and pigs under 23 kilograms, Market hogs and pigs 23 kilograms to 80 kilograms and Breeding hogs and pigs.
What companies are included in this industry?
Companies covered in the Hog & Pig Farming industry in Canada include HyLife and Sollio.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Hog & Pig Farming industry in Canada.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Hog & Pig Farming industry in Canada.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Hog & Pig Farming industry in Canada.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Hog & Pig Farming industry in Canada. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Hog & Pig Farming industry in Canada. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Hog & Pig Farming industry in Canada. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Hog & Pig Farming industry in Canada. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Hog & Pig Farming industry in Canada.
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Frequently Asked Questions
What is the market size of the Hog & Pig Farming industry in Canada in 2026?
The market size of the Hog & Pig Farming industry in Canada is $8.5bn in 2026.
How many businesses are there in the Hog & Pig Farming industry in Canada in 2025?
There are 3,033 businesses in the Hog & Pig Farming industry in Canada, which has declined at a CAGR of 3.1 % between 2020 and 2025.
How may import tariffs affect the Hog & Pig Farming industry in Canada?
The Hog & Pig Farming industry in Canada is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Hog & Pig Farming industry in Canada?
The Hog & Pig Farming industry in Canada is likely to be impacted by export tariffs with exports accounting for a moderate share of industry revenue.
Has the Hog & Pig Farming industry in Canada grown or declined over the past 5 years?
The market size of the Hog & Pig Farming industry in Canada has been growing at a CAGR of 2.3 % between 2020 and 2025.
What is the forecast growth of the Hog & Pig Farming industry in Canada over the next 5 years?
Over the next five years, the Hog & Pig Farming industry in Canada is expected to grow.
What are the biggest companies in the Hog & Pig Farming industry in Canada?
The biggest companies operating in the Hog & Pig Farming industry in Canada are HyLife and Sollio
What does the Hog & Pig Farming industry in Canada include?
Running farrow-to-finish operations and Feeder pig farming are part of the Hog & Pig Farming industry in Canada.
Which companies have the highest market share in the Hog & Pig Farming industry in Canada?
The company holding the most market share in the Hog & Pig Farming industry in Canada is HyLife.
How competitive is the Hog & Pig Farming industry in Canada?
The level of competition is moderate and increasing in the Hog & Pig Farming industry in Canada.
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