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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 | Jul 2014

Beefing up: Rebounding demand will prop up revenue, despite disease outbreaks and health concerns

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
Market Share of Companies
Industry Statistics & Market Size
Revenue
$25bn
Annual Growth 09-14
-0.5%
Annual Growth 14-19
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Profit
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Employment
63,258
Businesses
930
Industry Analysis & Industry Trends

The Meat, Beef and Poultry Processing industry represents a large portion of Canada's food processing sector, both in terms of exports and employment. The industry has seen declines in recent years due to decreased per capita meat consumption. Increasingly health-conscious consumers have decreased their consumption of red meats and opted for healthier sources of protein (e.g. fish, soy meats, and poultry). Decreased disposable income has also increased demand for poultry products, as poultry is typically a cheaper protein source than most red meats. Nevertheless, a rebounding economy and improved consumer sentiment toward industry products is expected to boost industry revenue over the next five years... purchase to read more

Industry Report - Industry Products Chapter

Slaughtered animal products (except poultry)

Slaughtered animal products, which include beef, pork, lamb, mutton and other red meats, are estimated to account for the largest share of industry revenue, generating about 40.8% of total revenue. Beef was the most-consumed meat in Canada, until it was overtaken by chicken in 2002. The collective share of these meats has fallen from in the past five years. A number of studies linking red meat consumption to increased risks of several diseases, such as obesity and colorectal cancer, have raised nutritional awareness among consumers. As a result, consumers have increasingly started opting for white meats instead of beef and pork. Furthermore, beef and pork products have been losing a pricing battle to its poultry substitutes... 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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