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 - 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