US demand for meat processing expected to strengthen from 2013-2018, although bad weather, disease outbreaks, competition from seafood may limit future growth, finds report
September 6, 2013
– Research and Markets (http://www.researchandmarkets.com/research/c9sgrv/meat_beef_and) has announced the addition of the "Meat, Beef & Poultry Processing in the US" report to their offering.
“Meat, Beef & Poultry Processing in the US”
Beefing up: Meat consumption will remain strong despite volatile industry conditions
In light of reduced disposable incomes and low sentiment toward the economy in general, consumers scaled back their purchases of high-margin meat products. Still, meat processing is a fairly stable industry and demand is forecast to strengthen in the five years to 2018. However, adverse weather conditions, disease outbreaks and competition from seafood, which the public increasingly views as a more healthful option, may limit future industry growth.
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 (i.e. boxed 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.
Smithfield Foods Inc.
Tyson Foods Inc.
For more information visit http://www.researchandmarkets.com/research/c9sgrv/meat_beef_and
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Sector: Meat and Poultry
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