Industry Analysis & Industry Trends
The Meat, Beef and Poultry Processing industry is the largest within the Canadian food-manufacturing sector. While meat products remain a staple part of the diet for Canadian consumers, industry operators have experienced some turbulent times in the past five years due to volatile input prices and unstable economic conditions in several export markets. In the coming years, as the economy is anticipated to rebound and consumer sentiment is expected to improve, industry revenue is forecast to beef up... purchase to read more
Industry Report - Starting a New Business Chapter
Regulation poses a major barrier to entry into the Meat, Beef and Poultry Processing industry. The Canadian Food Inspection Agency imposes stringent standards to ensure food safety and protect the public from contamination. Noncompliance with these standards may potentially result in shutting down company operations or denial of entry for a particular player.
Preexisting supply arrangements pose another barrier. Established businesses typically have contracts in place to supply other meat processors with raw materials. Similarly, these companies will also have relations with distributors and even retailers to supply high value-added food products for final consumption... purchase to read more