High steaks: The state industry will recover from previous declines in commodity prices

The Meat, Beef and Poultry Processing industry in Wisconsin involves the slaughtering, processing and packaging of livestock and poultry. Over the five years to 2018, the industry has contended with a variety of challenges including drought, disease and volatile input prices. However, robust demand from both domestic and international markets has mitigated the effects of these challenges, and, ultimately, resulted in only a marginal decline in industry revenue while supporting modest increases in industry operations. IBISWorld estimates industry revenue to decline an annualized 0.3% to $9.5 billion while industry enterprises are expected to grow an annualized 0.6% to 217 operations over the five years to 2018...purchase to read more.

Industry Statistics & Market Size
Revenue
$9bn
Annual Growth 13-18
-0.3%
Forecast Growth 18-23
Profit
Employment
17,884
Businesses
226

Industry Threats & Opportunities

  • The industry has contended with a variety of challenges including drought, disease and volatile input prices
  • Industry Report - Industry Key Buyers Chapter

    The top four Meat, Beef and Poultry Processing industry operators in Wisconsin are estimated to generate 49.1% of industry revenue in 2018. Multinational meat processing companies make up a significant portion of the industry's market share in Wisconsin. For example, JBS USA Holdings Inc.'s Green Bay, WI plant is one of the largest meat processing plants in the state, employing more than 1,200 workers.Small- to medium-scale slaughterhouses and meat processors are estimated to make up the remaining share of the market in Wisconsin. In some instances, local meat processors will process game meat for consumers...purchase to read more.

    Additional Insights for the Meat, Beef & Poultry Processing in Wisconsin Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Meat, Beef & Poultry Processing in Wisconsin Industry are

  • Supply contracts in place for key inputs
  • Vertical integration
  • Production of goods currently favored by the market
  • IBISWorld analysts also discuss how external factors such as Price of feed and Price of red meat in the Meat, Beef & Poultry Processing in Wisconsin industry impact industry performance..

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    What's in this report

    What is the Meat, Beef & Poultry Processing in Wisconsin Industry?

    Operators in this industry slaughter animals, process the carcasses and package the meat into products and byproducts. The industry also purifies and refines animal fat, bones and meat scraps. Products are sold to other food manufacturers, renderers, grocery and meat wholesalers and retail traders. Establishments that mainly cut and pack meats from purchased carcasses are also included in this industry.

    Industry Products
  • Animal slaughtering - cattle
  • Animal slaughtering - sheep
  • Animal slaughtering - hogs
  • Animal slaughtering - calves
  • Meat processed from carcasses
  • Rendering and meat byproduct processing
  • Poultry processing
  • Industry Activities
  • Slaughtering animals
  • Preparing processed meats and meat by-products
  • Rendering and refining animal fat, bones and meat scraps
  • Cutting and packing meats
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Price of feed
  • Price of red meat
  • Per capita disposable income in Wisconsin
  • Per capita beef consumption
  • Trade-weighted index

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Meat, Beef & Poultry Processing in Wisconsin Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Animal Food Production
  • Frozen Food Production
  • Meat, Beef & Poultry Processing
  • Snack Food Production
  • Grocery Wholesaling
  • Egg & Poultry Wholesaling
  • Beef & Pork Wholesaling

  • Key Selling Industries
  • Beef Cattle Production
  • Chicken & Turkey Meat Production
  • Hog & Pig Farming
  • Livestock Ranching & Farming
  • Sheep Farming

  • Products & Services
  • Meat processed from carcasses
  • Animal slaughtering - cattle
  • Animal slaughtering - hogs
  • Poultry processing
  • Rendering and meat byproduct processing
  • Animal slaughtering - calves
  • Animal slaughtering - sheep
  • Chart: Meat, Beef & Poultry Processing in Wisconsin Industry Products and Services Segmentation

  • Major Markets
  • Meat markets
  • Animal feed manufacturers
  • Beef and pork wholesalers
  • Frozen food production
  • Poultry wholesalers
  • Chart: Major Market Segmentation for the Meat, Beef & Poultry Processing in Wisconsin Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Meat, Beef & Poultry Processing in Wisconsin

  • Basis of Competition
    Barriers to Entry
    JBS SA, American Foods Group LLC, Johnsonville LLC, Tyson Foods Inc.,
  • Table: JBS SA - financial performance
  • Table: American Foods Group LLC - financial performance
  • Table: Johnsonville LLC - financial performance
  • Table: Tyson Foods Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Meat, Beef & Poultry Processing in Wisconsin 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, Beef & Poultry Processing in Wisconsin Industry
    Includes:
  • Industry Revenue (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
    Bird Flu
  • Viruses adapted to birds that emerged in 2006.
  • Mutton
  • The meat of sheep, especially a mature sheep, for use as food.
  • Porcine Epidemic Diarrhea (Ped) Virus
  • A virus that infects the cells lining the small intestine of a pig, causing severe diarrhea. It is particularly fatal to piglets but cannot be transmitted to humans.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Meat, Beef & Poultry Processing in Wisconsin contains five-year forecasts and data analysis that can help you identify and mitigate risks in potential new markets. Position yourself as an expert with internal stakeholders by using our comprehensive industry research to inform your reports, proposals and presentations. Our business information will save you money by helping you make better decisions, faster.

    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, Beef & Poultry Processing in Wisconsin:
    • 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, Beef & Poultry Processing in Wisconsin 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, Beef & Poultry Processing in Wisconsin, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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