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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 | Nov 2014

Beefing up: Meat consumption will remain strong despite volatile industry conditions

IBISWorld’s Meat, Beef & Poultry Processing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$221bn
Annual Growth 09-14
4.3%
Annual Growth 14-19
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Profit
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Employment
494,555
Businesses
5,667
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 - Industry Products Chapter

Slaughtered animal products (except poultry)

Slaughtered animal products (except poultry) include beef, pork, lamb, mutton and other red meats. These meats account for the largest segment of the meat processing industry, and their collective share has risen during the past five years despite decreased consumption of these meat products. Studies linking red meat consumption with increased risks of several diseases have raised nutritional awareness among consumers. As a result, consumers have started choosing white meats instead of beef and pork. Nevertheless, the prices of these products have risen faster than those of poultry products, leading this segment's share of revenue to increase... 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


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