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