Industry Analysis & Industry Trends
Though manufacturers' sales branches and offices (MSBOs) are giving the industry a considerable advantage to previous practices, it brings about an uncertainty as to the future divide between wholesalers and manufacturers. Given the cloudy nature of the industry, total revenue is expected to increase modestly over the next five years mainly because of increasing beef and pork prices. Revenue will continue to be threatened by growing health concerns with red meat and substitution of pre-made and frozen meat products... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Beef and Pork Wholesaling industry is forecast to grow at a slower rate than the overall economy during the 10 years to 2018. IBISWorld estimates the industry's contribution to the overall economy, as measured by the industry value added (IVA), will increase at an average rate of 0.5% per year during the 10-year period. Comparatively, US GDP is forecast to rise at an average rate of 2.1%. This is because the industry is in the mature stage of its life cycle, characterized by a saturated market with little room for product innovation.
Beef and Pork have strong market acceptance, which is common in mature industries, because they are staple items in downstream industries and consumers' households... purchase to read more