Meat, Beef & Poultry Processing in Illinois - Industry Market Research Report

  • ID: 4578395
  • Report
  • Region: Illinois
  • 32 pages
  • IBISWorld
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Cash cow: Modest demand growth and increased meat consumption will drive growth

FEATURED COMPANIES

  • Cargill Inc.
  • JBS SA
  • Tyson Foods Inc.
  • MORE

Meat, Beef & Poultry Processing in Illinois

The Meat, Beef and Poultry Processing industry in Illinois is expected to post moderate growth over the five years to 2017. Increasing per capita consumption of meat combined with declines in the prices of red meat and poultry have facilitated higher industry turnover. Additionally, industry revenue growth has been spurred by growing downstream demand. Over the five years to 2022, the industry is anticipated to continue rising with modest growth in downstream demand and increases in per capita meat consumption anticipated to drive growth. Moreover, slight increases in the prices of red meat and poultry are also anticipated to contribute to revenue growth. Overall, future industry conditions are expected to be similar to those experienced during the current five-year period, facilitating industry growth over the five years to 2022.

Operators in this industry slaughter animals, process the carcasses and package the meat into products and by-products. The industry also purifies and refines animal fat, bones and meat scraps. Products are sold to other food manufacturers, renderers, grocery and meat wholesalers and retail traders. Establishments that mainly cut and pack meats from purchased carcasses are also included in this industry.

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.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Cargill Inc.
  • JBS SA
  • Tyson Foods Inc.
  • MORE
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
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  • Cargill Inc.
  • Tyson Foods Inc.
  • JBS SA
  • Calihan Pork Processors Inc.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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