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

Meat, Beef and Poultry Processing industry growth prospects have been threatened by slow growth in per capita meat consumption. Disease outbreaks and a growing awareness of the health risks associated with red meat consumption, in particular, have threatened Canadian appetites for steaks and fresh meats. However, capacity constraints in domestic cattle farms have forced red meat price upward, bolstering industry revenue despite declining red meat consumption. Consequently, industry revenue is projected to increase over the five years to 2018. As the economy is anticipated to improve and per capita disposable income is on the rise, industry revenue is forecast to increase over the five years to more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23

Industry Threats & Opportunities

  • The industry has struggled due to declining per capita meat consumption
  • Larger companies can typically afford the initial costs to expand their facilities
  • Increased demand for alternative sources of protein may impede meat and poultry consumption
  • Industry Report - Industry Analysis Chapter

    Meat, Beef and Poultry Processing is the largest industry in the Canadian food-manufacturing sector. Consumer preferences, along with larger macroeconomic factors such as global trends, disease outbreaks and weather conditions have historically shaped industry performance. While meat products remain a staple in the diets of Canadian consumers, industry operators have endured some turbulent times over the past five years primarily as a result of volatile input prices. Nevertheless, per capita disposable income levels have increased over the past five years, growing at an annualized rate of 2.5%, providing some incentive for Canadians to purchase more meat products in general (which tend to be higher priced than plant-based foods) and more value-added products specifically. Thi...purchase to read more.

    Additional Insights for the Meat, Beef & Poultry Processing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Meat, Beef & Poultry Processing Industry are

  • Supply contracts in place for key inputs
  • Production of goods currently favoured by the market
  • Automation
  • IBISWorld analysts also discuss how external factors such as Per capita meat consumption and Per capita disposable income in the Meat, Beef & Poultry Processing industry impact industry performance..

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    What's in this report

    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 operators 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 products (except poultry)
  • Poultry processing
  • Rendering and meat processing from carcasses
  • Industry Activities
  • Slaughtering animals
  • Cutting and packing meats
  • Preparing processed meats and meat by-products
  • Rendering and refining animal fat, bones and meat scraps
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita meat consumption
  • Per capita disposable income
  • Canadian effective exchange rate index
  • Per capita seafood consumption
  • Total health expenditure

  • Current Performance
  • Changing appetites
  • Price and profit trends
  • Encouraging consolidation
  • Global issues
  • Chart: Revenue Growth

  • Industry Outlook
  • Meaty futures
  • Bigger and better, domestically
  • Challenges ahead
  • Table: Meat, Beef & Poultry Processing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Meat, Beef & Poultry Processing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Animal Feed Production in Canada
  • Frozen Food Production in Canada
  • Meat, Beef & Poultry Processing in Canada
  • Snack Food Production in Canada
  • Grocery Wholesaling in Canada
  • Beef & Pork Wholesaling in Canada

  • Key Selling Industries
  • Beef Cattle Production in Canada
  • Chicken & Turkey Meat Production in Canada
  • Hog & Pig Farming in Canada

  • Products & Services
  • Slaughtered animal products (except poultry)
  • Poultry processing
  • Rendering and meat processing from carcasses
  • Chart: Meat, Beef & Poultry Processing Industry Products and Services Segmentation

  • Demand Determinants
  • Consumer preferences
  • Disease outbreaks and environmental concerns

  • Major Markets
  • Export markets
  • Retail outlets
  • Wholesalers/distributors
  • Other meat processors and renderers
  • Food service establishments
  • Food manufacturers
  • Chart: Major Market Segmentation for the Meat, Beef & Poultry Processing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther expenses
  • Chart: Cost Structure Benchmarking – Sector vs Meat, Beef & Poultry Processing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Meat, Beef & Poultry Processing Industry

  • Industry Globalization
    Maple Leaf Foods, Olymel Societe en Commandite Ltee., JBS Food Canada Inc., Cargill Inc.,
  • Table: Maple Leaf Foods - financial performance
  • Table: Olymel Societe en Commandite Ltee. - financial performance
  • Table: JBS Food Canada Inc. - financial performance
  • Table: Cargill Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Meat, Beef & Poultry Processing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Meat, Beef & Poultry Processing Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • Per capita meat consumption (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Bovine Spongiform Encephalopathy
  • Commonly known as mad cow disease, a fatal disease of cattle that affects the nervous system and is transmitted by infected tissue in food.
  • Listeriosis
  • An infection caused by eating food contaminated with the bacterium Listeria monocytogenes.
  • Wholesale Bypass
  • A popular trend within retail and manufacturing industries where producers supply goods directly to stores, eliminating the middleman.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Meat, Beef & Poultry Processing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
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    This report on Meat, Beef & Poultry Processing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Meat, Beef & Poultry Processing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Meat, Beef & Poultry Processing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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