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Meat Markets in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Meat Markets Market Research Report | NAICS 44521 | Oct 2016

Not hungry: Competition from supermarkets and supercenters will pressure the industry

IBISWorld’s Meat Markets market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 11-16
0.8%
Annual Growth 16-21
Annual Growth
Profit
Profit
Employment
42,577
Businesses
9,279
Industry Threats & Opportunities
  • Meat markets faced growing competition from supermarkets, grocery stores and big-box retailers
  • The industry competes with nontraditional retail industries, such as big-box retailers
  • Downstream demand for meat is anticipated to increase in the next five years
  • ... purchase to read more

Industry Analysis & Industry Trends

Making the cut in the Meat Markets industry has become increasingly difficult. Heightened competition from traditional retailers and the success of nontraditional retailers have limited the growth of meat markets and butcher shops. Moreover, conventional relationships are changing among food retailers, wholesalers and manufacturers, making the food retail market overall more competitive. In the coming years, the price of red meat and poultry is expected to decrease, which will somewhat alleviate the pressure operators have experienced on profit margins. However, competition from supermarkets and supercenters is expected to intensify, as these alternative retail channels diversify their product selections to appeal to more consumers... ... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Meat Markets industry is in the declining stage of its life cycle. Industry value added, a measure of the industry's contribution to the overall economy, is forecast to decrease at an annualized rate of 0.3% during the 10 years to 2021. In comparison, GDP is projected to grow 2.1% per year on average during the same period. As the industry continues to underperform the economy, the number of industry operators will remain relatively flat, as they find it more difficult to compete with external competitors.

Although there is some innovation in meat products, most often in the form of prepared or premarinated products, these products have not expanded the industry's market reach. Fur.. ... 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... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Meat Markets Industry?

    This industry includes meat markets, butcher shops and delicatessens that primarily retail fresh, frozen and cured meats and seafood. 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
    BeefOther red meat and fishBroilersOther chickenTurkeyPork
     
    Industry Activities
    Preparing and selling poultryPreparing and selling beef and vealPreparing and selling porkPreparing and selling lamb and muttonPreparing and selling seafood


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    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
  • Profitability and industry size
  • Chart: Revenue Growth
  • Industry Outlook
  • Downstream demand and competition
  • Opportunities for growth
  • 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
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Consumers
  • Key Selling Industries
  • Beef & Pork Wholesaling
  • Egg & Poultry Wholesaling
  • Fish & Seafood Markets
  • Products & Services
  • Broilers
  • Beef
  • Pork
  • Turkey
  • Other red meat and fish
  • Other chicken
  • Chart: Meat Markets Industry Products and Services Segmentation
  • Demand Determinants
  • Prices
  • Disposable income
  • Dietary concerns
  • Major Markets
  • Highest income quintile consumers
  • Fourth income quintile consumers
  • Middle income quintile consumers
  • Second income quintile consumers
  • Lowest income quintile consumers
  • Retailers and wholesalers
  • Restaurants
  • Other
  • Chart: Major Market Segmentation for the Meat Markets Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • 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
    Major Companies
    Omaha Steaks International Inc.
  • Table: Omaha Steaks International Inc. - financial performance
  • Operating Conditions
    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
    Key Statistics
  • Table: Industry Data for the Meat Markets Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Per capita meat consumption (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    Broiler
  • 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.

  • Why Buy this Report?
    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 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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