Flavor wars: Competition from supermarkets and supercenters will pressure the industry

In recent years, growth in the Meat Markets industry has become increasingly difficult. Competition from traditional and nontraditional retailers alike has limited the growth of meat markets and butcher shops. Moreover, the traditional relationship dynamic between food retailers, wholesalers and manufacturers has been shifting, making the food retail market more competitive overall. While increasing health concerns and declining input costs have hindered industry performance, solid demand has spurred revenue growth over the five years to 2018. Competition is expected to further squeeze operators over the five years to 2023, though growth is still anticipated...purchase to read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies

Industry Threats & Opportunities

  • Operators encountered growing competition from supermarkets, grocery stores and big-box retailers
  • Due to the scale of their operations, big-box retailers can offer lower prices
  • External competitors will continue to add new meat products to their existing lines
  • Industry Report - Industry Investment Chapter

    The Meat Markets industry exhibits a low to medium level of capital intensity. In 2018, industry operators typically invest $0.10 cents for every dollar of capital for every dollar spent on labor. Capital expenditure comes in the form of fixtures and fittings, cash registers, food and cold-storage units, as well as displays. Since most industry tasks are generally labor intensive, operators heavily depend on labor rather than capital goods. Duties undertaken by meat market employees include butchering meat, maintaining store displays, processing purchases and maintaining computer systems. Unlike capital costs, labor costs are an integral and important part of operating expenditure. Overall, this figure represents a marginal decrease from $0.12 cents invested in 2013...purchase to read more.

    Additional Insights for the Meat Markets Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Meat Markets Industry are

  • Being part of a franchising chain
  • Attractive product presentation
  • Experienced work force
  • IBISWorld analysts also discuss how external factors such as Per capita meat consumption and Price of poultry meat in the Meat Markets industry impact industry performance..

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    What's in this report

    What is the Meat Markets Industry?

    The Meat Markets Industry comprises butcher shops and delicatessens that primarily retail fresh, frozen and cured meats and poultry products to households, other retailers and food service companies. Establishments that primarily retail fish and seafood are covered in the Fish and Seafood Markets industry (IBISWorld report 44522). Butcher shops and deli counters owned by and operated in larger supermarkets are excluded from this industry.

    Industry Products
  • Beef
  • Poultry
  • Pork
  • Other meats
  • Frozen and packaged
  • Industry Activities
  • Preparing and selling beef and pork
  • Preparing and selling poultry
  • Preparing and selling lamb veal and delicatessen items
  • Preparing and selling frozen and packaged meats
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita meat consumption
  • Price of poultry meat
  • Price of red meat
  • Per capita disposable income
  • Per capita seafood consumption

  • Current Performance
  • Consumer demand
  • Competitive retail channels and prices
  • Profitability
  • Chart: Revenue Growth

  • Industry Outlook
  • Downstream demand competition and prices
  • Opportunities and threats
  • People, participation and pay
  • Table: Meat Markets Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Meat Markets Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Beef & Pork Wholesaling
  • Egg & Poultry Wholesaling
  • Fish & Seafood Markets

  • Products & Services
  • Beef
  • Other
  • Poultry
  • Other meats
  • Pork
  • Frozen and packaged
  • Chart: Meat Markets Industry Products and Services Segmentation

  • Demand Determinants
  • Prices
  • Disposable income and downstream demand
  • Health concerns
  • Seasonality

  • Major Markets
  • Households and individual consumers
  • Retailers and Wholesalers
  • Restaurants and food services
  • Other
  • Chart: Major Market Segmentation for the Meat Markets Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesRent, utilities and marketingOther
  • Chart: Cost Structure Benchmarking – Sector vs Meat Markets

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Meat Markets Industry

  • Industry Globalization
    Omaha Steaks International Inc.,
  • Table: Omaha Steaks International Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Meat Markets Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Meat Markets Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Per capita meat consumption (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
  • A young chicken that is bred and raised for commercial slaughter.
  • Electronic Data Interchange (Edi)
  • The transmission of data between businesses from one computer system to another.
  • Point-Of-Sale
  • The location where a transaction occurs at a retail establishment or store.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Meat Markets provides up-to-date sales and market data, allowing you to identify the product and customer segments driving revenue growth. The report identifies the leading companies in the industry, and offers strategic analysis of the key factors influencing the market. Our data forecasts are accompanied by full analysis to illustrate how the market is responding to dominant and emerging trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Meat Markets:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Meat Markets market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Meat Markets, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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