
Meat Product Manufacturing
Description
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 located in the US); as well as BRF and JBS SA (both based in Brazil); CPF (Thailand); Danish Crown (Denmark); NH Foods (Japan); and WH Group (Hong Kong), whose operations include US-based Smithfield Foods.
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.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major products are wholesale meat parts for further processing, ground beef for commercial use, and case-ready items for retailers. For 2025, the beef and pork export forecast is about 3 billion and 7 billion pounds, respectively, according to the December 2023 Livestock, Dairy, and Poultry Outlook from the US Department of Agriculture (USDA).
Companies in this industry slaughter animals and prepare meat products. Major companies include Hormel Foods and Tyson Foods (both located in the US); as well as BRF and JBS SA (both based in Brazil); CPF (Thailand); Danish Crown (Denmark); NH Foods (Japan); and WH Group (Hong Kong), whose operations include US-based Smithfield Foods.
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.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major products are wholesale meat parts for further processing, ground beef for commercial use, and case-ready items for retailers. For 2025, the beef and pork export forecast is about 3 billion and 7 billion pounds, respectively, according to the December 2023 Livestock, Dairy, and Poultry Outlook from the US Department of Agriculture (USDA).
Table of Contents
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Business Trends
- Industry Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Web Links and Acronyms
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