Local Productive Systems (hereinafter LPS) based on agro-food industries constitute alternative models of development in peripheral rural areas that are subject to internal and external dynamics and processes. The main objective of the research is to investigate the processes and their consequences on four SPLs based on the Iberian Pig Transformation Industry (hereinafter LPS-IPTI) in SW Spain: Fregenal de la Sierra, Higuera la Real, Cumbres Mayores and Jabugo. Using secondary data, a comparison is made between 2002 and 2020 to establish the changes, causes and consequences on the LPS-IPTI studied. The results obtained indicate (1) business and territorial concentration of LPS-IPTI; (2) productive and territorial specialisation in standardised products and quality products; (3) simplification of industrial processes; (4) loss of employment, especially female; (5) external control of companies in the sector which, accordingly, results in the loss of prominence of local actors in favour of foreign companies, reduced social capital and the progressive loss of ownership of the LPS.