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About IBISWorld Industry Reports Feed costs gobble up profits
While this mature industry has benefited from growth in turkey prices, and increasing international demand for US turkey meat, higher feed costs have subsequently affected the number of turkeys being produced. In the short term, it is expected that growth will be volatile as the industry seeks to balance production and prices. The domestic price of grower feed, competition from other substitute products such as red meat, movements in the exchange rates and changes in trade agreements all have an impact on the industry.
In-depth industry market research presented in a logical and consistent format. Including 38 pages of insights covering industry conditions, key statistics, competitor analysis and market share, product and customer segmentation and a 5 year forecast.
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Key Competitors in this Industry
| Major Player |
Market Share |
| Hormel Foods Corporation |
XX.XX  |
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Products & Services
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Live Turkeys |
XX% |
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Turkey Eggs (hatching) |
XX% |
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Key Industry Statistics
| Key Industry Figures |
2009 |
2010 |
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| Industry Revenue |
*3,729.3 |
XXXX |
$Mil |
| Revenue Growth |
*-3.1 |
XXXX |
% |
| Industry Gross Product |
*1,200.7 |
XXXX |
$Mil |
| Number of Establishments |
n/a |
XXXX |
Units |
| Number of Enterprises |
n/a |
XXXX |
Units |
| Employment |
*13,175 |
XXXX |
Units |
| Exports |
-- |
XXXX |
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| Imports |
-- |
XXXX |
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| Total Wages |
*213.9 |
XXXX |
$Mil |
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Become an "expert" in the Turkey Production industry!IBISWorld is the FIRST research firm to offer key statistics and in-depth analysis on every sector of the US economy.
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IBISWorld market research reports present industry information from all angles, quoting only true market statistics for trend analysis.
Major market segments are identified, as well as forces affecting demand and supply within the industry. Performance analysis includes emerging industry trends, as well as recent results and performance of each key company. Drawing on this depth of information, IBISWorld provides 5 year forecasts for each industry.
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This industry includes farms that raise turkeys for meat or egg production. It is divided into two segments: live turkey and turkey eggs. Within the live turkey segment there are a variety of different classes, including fryer-roaster turkeys, young turkeys, yearling turkeys, and mature turkeys (also known as hens or toms). Turkeys are used in a range of meat products such as ground turkey, turkey sausage and turkey bacon, turkey franks, turkey pastrami as well as turkey cutlets and tenderloins. The output of this industry is the sale of live turkeys to the Meat, Beef and Poultry Processing industry (31161).
Up & Down Stream Sectors
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Risk Rating of This Industry
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Companies In This Industry
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Factors Affecting This Industry
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International Reports
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The major products and services covered in this market research report are:
- Live Turkeys
- Turkey Eggs (hatching)
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The primary activities of companies in this industry are:- Turkey egg production
- Turkey production
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| Market Characteristics |
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