Industry Analysis & Industry Trends
In light of reduced disposable incomes and low sentiment toward the economy in general, consumers scaled back their purchases of high-margin meat products. Still, meat processing is a fairly stable industry and demand is forecast to strengthen in the five years to 2019. However, adverse weather conditions, disease outbreaks and competition from seafood, which the public increasingly views as a more healthful option, may limit future industry growth... purchase to read more
Industry Report - Starting a New Business Chapter
Regulation poses the major entry barrier into the Meat, Beef and Poultry Processing industry. The US Department of Agriculture (USDA) and Environmental Protection Agency (EPA) both impose stringent standards to ensure food safety and protect the public from contamination. The USDA and state-based EPAs can close down any operation failing to comply with industry standards or refuse entry to a particular player.
Preexisting supply arrangements pose another barrier. Established businesses will have contracts in place to supply other meat processors with raw materials. Similarly, these companies will also have associations with distributors and even retailers to supply high value-added food products for final consumption... purchase to read more