Cured Meat and Smallgoods Manufacturing in Australia - Industry Market Research Report
Description
Cured Meat and Smallgoods Manufacturing in Australia
Cured meat and smallgoods manufacturers have faced mixed trading conditions over the past few years. Consumer stockpiling behaviour during the COVID-19 pandemic supported domestic and international demand for cured meat and smallgoods. Increases in the domestic price of meat have edged up purchase costs for manufacturers, weighing down industry profitability. While manufacturers can partially pass on price rises to downstream markets, high competition has limited this option. Revenue is expected to rise at an annualised 1.9% over the five years through 2022-23, to $4.3 billion. This trend includes an anticipated drop of 1.5% in the current year.
Industry manufacturers primarily produce bacon, ham, smallgoods and other prepared meat products. Smallgoods usually refers to meat products where the meat has been manufactured to form a new product, like sausages; salamis; pates; and dried, roasted and preserved meat products. Smallgoods are made from pig meat, and other meats like poultry and beef.
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.
Cured meat and smallgoods manufacturers have faced mixed trading conditions over the past few years. Consumer stockpiling behaviour during the COVID-19 pandemic supported domestic and international demand for cured meat and smallgoods. Increases in the domestic price of meat have edged up purchase costs for manufacturers, weighing down industry profitability. While manufacturers can partially pass on price rises to downstream markets, high competition has limited this option. Revenue is expected to rise at an annualised 1.9% over the five years through 2022-23, to $4.3 billion. This trend includes an anticipated drop of 1.5% in the current year.
Industry manufacturers primarily produce bacon, ham, smallgoods and other prepared meat products. Smallgoods usually refers to meat products where the meat has been manufactured to form a new product, like sausages; salamis; pates; and dried, roasted and preserved meat products. Smallgoods are made from pig meat, and other meats like poultry and beef.
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.
Table of Contents
47 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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