Industry Analysis & Industry Trends
During the past five years, downstream demand for beef and pork decreased due to the recession's lingering effects. Instead of buying fresh red meat included in this industry's product offerings, some consumers switched to meat products outside this industry's scope. However, the industry is projected to experience revenue growth during the five years to 2019 as the economy strengthens. Per capita disposable income is projected to increase as employment levels recuperate and consumers regain confidence in the economy. As a result, Americans will slowly increase spending and consumption, subsequently increasing demand for pork and beef throughout downstream markets... purchase to read more
Industry Report - Starting a New Business Chapter
The bypass of traditional third-party meat wholesalers presents the biggest barrier to entering the Beef and Pork Wholesaling industry. Increasingly, meat processors sell directly to retailers, thus cutting out the middlemen of this industry. Large retailers' self-distribution efforts also make it difficult for smaller wholesalers to enter the business unless they have a niche market like organic-certified products.
Because this wholesaling industry is highly regulated, compliance with federal and state food handling, storage and distribution requirements can be expensive. Similarly, obtaining licenses can be prohibitive for some potential entrants... purchase to read more