The Bacon Production industry has sizzled over the five years to 2015. Traditionally a staple item at the breakfast table for the average American consumer, bacon has evolved to take on many forms over the five-year period, spurring a renewed interest in the meat and its many applications. While sliced bacon still comprises the lion's share of industry revenue, bacon has found its way into enhancing the flavor of many other types of food. As a result of several factors, much of the snap, crackle and pop the industry experienced from consumers' renewed interest in bacon is expected to continue truncating industry growth. Operators are expected to attempt to mitigate any revenue declines through specialization, providing consumers with specialty cuts of bacon or infusing their products with unique flavorings in order to offer added value to consumers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Smithfield Foods Inc.
Tyson Foods Inc.
Hormel Foods Corporation
Kraft Foods Group Inc.
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