SEARCH   
MEMBER LOGIN    

Meat, Beef & Poultry Processing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Meat, Beef & Poultry Processing Market Research Report | NAICS 31161 | Sep 2015

Bringing home bacon: Higher meat prices will keep industry revenue stable in volatile conditions

IBISWorld’s Meat, Beef & Poultry Processing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$250bn
Annual Growth 10-15
5.1%
Annual Growth 15-20
Add to Cart
Profit
Add to Cart
Employment
502,841
Businesses
5,729
Industry Analysis & Industry Trends

Despite strong revenue growth during the five years to 2015, meat processors have experienced some turbulent times. During the early part of the period, increases in feed prices caused the price of industry inputs to rise. Industry operators can partially pass these costs on to consumers, but in most cases, their profit margins also take a hit. Still, meat processing is a fairly stable industry and demand is forecast to strengthen in the five years to 2020. 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 - Industry SWOT Analysis Chapter

During the 10 years to 2020, the industry's contribution to the economy, measured by industry value added, is forecast to fall an annualized 0.8%. Meanwhile, domestic GDP is forecast to grow at an annualized rate of 2.5%. Export sales and the position of meat as a staple in many diets have helped industry growth during the current performance period, but costs resulting from animal diseases have driven prices up and lowered demand for industry products. Falling profit margins due to high input prices in the past five years are the primary cause of the falling IVA value.

Acquisitions have defined industry activity in the past five to 10 years, and the number of enterprises is expected to grow more slowly than revenue in the 10 years to 2020... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Meat, Beef & Poultry Processing Industry?

Operators in this industry slaughter animals, process the carcasses and package the meat into products and by-products. The industry also purifies and refines animal fat, bones and meat scraps. Products are sold to other food manufacturers, renderers, grocery and meat wholesalers, and retail traders. Establishments that mainly cut and pack meats from purchased carcasses are also included in this industry.

Industry Products
Slaughtered animal products (except poultry)PoultryProcessed meatsMeat by-products
 
Industry Activities
Slaughtering animalsPreparing processed meats and meat by-productsRendering and refining animal fat, bones and meat scrapsCutting and packing meats


View Sample
Quote
Select Clients