Market Research Logo

Meat Product Manufacturing

10 Pages First Research, Inc. SKU: FRRS5513554

Meat Product Manufacturing

Brief Excerpt from Industry Overview Chapter:

Companies in this industry slaughter animals and prepare meat products. Major companies include Hormel Foods and Tyson Foods (both headquartered in the US); JBS and BRF-Brasil Foods (Brazil); NH Foods (Japan); Danish Crown (Denmark); and China's WH Group, which owns Smithfield Foods, the largest pork producer in the US.

About 260 million metric tons of pork, poultry, and beef products are manufactured worldwide each year, including about 42 million metric tons manufactured in the US. China, the EU, the US, and Brazil are the largest meat producers.

The US meat product manufacturing industry includes about 3,000 companies with combined annual revenue of about $200 billion.

COMPETITIVE LANDSCAPE

Demand is driven by consumer income and by exports. Because meat is largely a commodity, the profitability of individual companies depends on efficient operations and an effective distribution network. Large companies have big economies of scale in production and distribution. Small companies can compete effectively in a local area or by producing unique products.

In the US, the slaughtering segment of the industry is highly concentrated: the 50 largest companies generate about 90 percent of segment revenue. The secondary processing segment, meat processed from carcasses, is also concentrated: The top 50 companies generate about 70 percent of segment revenue. Poultry processing is highly concentrated: The top 50 companies generate more than 90 percent of revenue.

Imports, primarily from Canada, Australia, and New Zealand, account for about 4 percent of the US market. Exports, which...

Show Full Description


Show Table of Contents



Meat Product Manufacturing

First Research, Inc.

Pricing & Delivery

Online Download
$129

Didn't find what you are looking for?

Let us find it for you. One of our knowledgeable research assistants will work with you to find exactly the right research to answer your questions:

US: 800.298.5699 International: +1.240.747.3093 Or leave us a message and we'll call you back!

Receive bi-weekly email alerts for new market research.



CTA Image

Download our free eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.


Download CTA

Share this report