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Meat, Beef & Poultry Processing in the US
IBISWorld, May 2009, Pages: 59
This industry comprises establishments primarily engaged in one or more of the following: (1) slaughtering animals; (2) preparing processed meats and meat by-products; and (3) rendering and/or refining animal fat, bones, and meat scraps. This industry includes establishments primarily engaged in assembly cutting and packing of meats (i.e., boxed meats) from purchased carcasses. 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.
Introduction
Cut-throat industry goes technological
Accounting for 30% of the food manufacturing sector, the rate of technological change has been at a medium level focusing on product quality and consistency, development of new products to improve profit margins, and ensuring the heavy regulations are maintained throughout from breeding to eating. Being rather volatile, maintaining international ties will ensure continually expanding operations in an already relatively globalized environment.
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