Industry Analysis & Industry Trends
While many industries are suffering under the threat of wholesale bypass, egg and poultry wholesaling has remained relatively calm. The industry is expected to experience stable growth over the next five years, as individuals become more aware of the health benefits of chicken and egg consumption in comparison with red meat. Moreover, operators will benefit from increased consolidation and technological improvements. The industry will shrink in terms of employment and wages, but solid demand will boost profitability in the long run... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
IBISWorld analysis reveals this industry is mature. During the 10 years to 2017, industry value added (IVA), which measures the industry's contribution to the US economy, is projected to increase at an annualized 0.8%. In comparison, US GDP is forecast to rise at an average rate of 1.8% annually during the same period. The slower IVA rate signals a declining industry, but other factors balance out the life-cycle stage to register as mature, such as whole-hearted market acceptance.
The number of businesses is declining as enterprises exit the industry and consolidate due to increased competition from wholesale bypass. The pace of technological development is growing, making way for a new, more advanced structure in the wholesaling industry... purchase to read more