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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 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
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 Analysis Chapter

The Meat, Beef and Poultry Processing industry is the largest within the Canadian food manufacturing sector. Consumer preferences and perceptions, along with larger factors like the economy, global trends, disease outbreaks and weather conditions have shaped industry performance. Currently ranked the 11th largest in per capita meat consumption, Canadians have largely maintained an appetite for steaks and hamburgers over the five years to 2014. Nevertheless, industry operators have experienced some turbulent times due to hikes in the price of feed on the back of biofuel demand, which ate into meat processors' profit margins. Furthermore, meat consumption levels have been trending downward every year since 2009... 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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