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 Analysis Chapter
Operators in the Meat, Beef and Poultry Processing 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.
Despite average revenue growth of 5.1% per year expected during the five years to 2015, meat processors have experienced some turbulent times. Increases in feed prices caused the price of industry inputs (i.e. cattle, hogs and poultry) to rise during the early part of the period. Industry operators can partially pass on these costs to consumers, but in most cases, their profit margins also take a hit... purchase to read more