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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 2015

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

IBISWorld’s Meat, Beef & Poultry Processing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$27bn
Annual Growth 10-15
0.4%
Annual Growth 15-20
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Profit
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Employment
62,612
Businesses
922
Industry Analysis & Industry Trends

The Meat, Beef and Poultry Processing industry has struggled over the years due to stagnant per capita meat consumption. Additionally, disease outbreaks and a growing awareness of the health risks associated with red meat consumption have threatened Canadian appetites for steaks and fresh meats. In the next five years, the economy is anticipated to rebound and consumer sentiment is expected to improve, increasing industry revenue... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

Over the 10 years to 2020, the industry's contribution to the economy, measured by industry value added (IVA), is forecast to grow at an annualized rate of 0.2%. Meanwhile, domestic GDP is forecast to grow at an annualized rate of 2.2%. 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 2020... 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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