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Meat, Beef & Poultry Processing in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Meat, Beef & Poultry Processing in Canada Market Research Report | NAICS 31161CA | Mar 2016

Beef up: Operators will focus on improving efficiencies via technological advancements

IBISWorld’s Meat, Beef & Poultry Processing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$27bn
Annual Growth 11-16
0.9%
Annual Growth 16-21
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Profit
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Employment
64,034
Businesses
928
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 - Industry SWOT Analysis Chapter

Over the 10 years to 2021, the industry's contribution to the economy, measured by industry value added (IVA), is forecast to grow at an annualized rate of 0.7%. Meanwhile, domestic GDP is forecast to grow at an annualized rate of 1.9%. Global demand and the role of meat as a staple in the Canadian diet have helped the industry to remain afloat despite ongoing challenges, such as fading consumption of red meat due to health concerns and high costs resulting from occasional animal diseases.

Acquisitions have defined industry activity in the past five years, and the number of enterprises is expected to fall steadily over the next five years to 2021... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Meat, Beef & Poultry Processing Industry?

Operators in this industry slaughter animals, process the carcasses and package the meat into products and by-products. Industry firms also purify and refine 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.

Industry Products
Slaughtered animal productsPoultry processingRendering and meat processing from carcasses
 
Industry Activities
Slaughtering animalsCutting and packing meatsPreparing processed meats and meat by-productsRendering and refining animal fat, bones and meat scraps


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