50 Of The Largest Companies In The US Meat Products Manufacturing Industry Hold 90% Of The Market
Dublin, Ireland - Research and Markets has announced the addition of Meat Products Manufacture - Industry Profile to their offering.
Brief Excerpt from Industry Overview Chapter:
In the US, 2,500 companies produce meat products, with combined annual revenues of about $80 billion. Large companies include Tyson Foods, ConAgra Foods, and Smithfield Foods, and the food division of Cargill. Tyson is the largest beef company, Smithfield the largest pork company. The slaughtering segment of the industry is highly concentrated, with the 50 largest companies holding 90 percent of the market. The secondary processing segment is less concentrated, with the top 50 companies holding 60 percent of the market.
Competitive Landscape
Demand is driven by consumer consumption of meat products 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 ('boxed' beef or pork) that will be cut or processed further, ground beef for commercial use, and 'case-ready' (ready for supermarket display cases) items for retail use. The industry produces about 30 billion pounds of beef products per year, and 20 billion pounds of pork products.
Several distinct steps are involved in processing live animals into finished meat products. Live animals are typically bred and raised on individual farms until they reach a minimum size (45 pounds for hogs and about 500 pounds for steers).
Our easy-to-use, quarterly industry profiles provide you with the industry analysis you need to better understand any particular business. We synthesize information from hundreds of sources into an easy to digest format, giving you invaluable information about your target market, highlighting critical industry statistics and issues, changes that have taken place since the last quarterly update and key concerns that can have negative or positive impacts on investments. Utilizing the financial and forecasting data while simultaneously learning from educational business overviews can help you and your customers plan more effectively and invest wisely.
Our industry reports will educate your sales team on critical industry trends in target markets, empowering them to create more strategic proposals. These industry reports are also essential for professional organizations that want make savvy, educated business decisions. We provide industry reports that are simple to use and help you understand the most important facets of industry trends and developments.
This profile is updated quarterly. At time of ordering, you will receive the most recent edition.
SOURCE: Research and Markets