Beefing up: Despite overall declining meat consumption, rising consumer spending will boost revenue

Over the five years to 2019, the Beef and Pork Wholesaling industry in Canada has demonstrated strong growth. As consumer spending has increased since 2014, consumer purchases have increased in conjunction with a rise in the price of red meat. As a result, the industry has grown over the five years to 2019. Despite rising revenue, the consumption of industry-distributed beef and pork has been uneven, stunting more robust growth. Though increasing prices play a part, health trends are the main cause of these consumption declines. Studies have tied red meat consumption to a variety of long-term illnesses...read more.

Industry Statistics & Market Size
Revenue
$9bn
Annual Growth 14-19
2.0%
Forecast Growth 19-24
Profit
Employment
7,689
Businesses
677
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Though increasing prices play a part, health trends are the main cause of beef and pork consumption declines
  • A hike in red meat prices has kept revenue from declining
  • Consumers are trending toward eating less meat
  • Industry Report - Industry SWOT Analysis Chapter

    The Beef and Pork Wholesaling industry in Canada is in the mature phase of its life cycle, characterized by slow growth rates, static product offerings and fixed markets. Typically, a mature industry's contribution to the overall economy, measured by industry value added (IVA), grows parallel to Canadian GDP. This industry's IVA is expected to increase at an annualized rate of 0.7% over the 10 years to 2024. Comparatively, GDP is expected to grow at an annualized rate of 1.7% during the same period. Steady consumer spending has kept profit margins steady, limiting the potential for growth volatility in IVA. Sav...purchase to read more.

    Additional Insights for the Beef & Pork Wholesaling Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Beef & Pork Wholesaling Industry are

  • Prompt delivery to market
  • Must comply with government regulations
  • Having contacts within key markets
  • IBISWorld analysts also discuss how external factors such as Demand from supermarkets and grocery stores and Price of red meat in the Beef & Pork Wholesaling industry impact industry performance..

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    What's in this report

    What is the Beef & Pork Wholesaling Industry?

    This industry includes wholesalers of beef, pork and other red meat products. Canned and packaged frozen goods are excluded, as are poultry and seafood products.

    Industry Products
  • Beef
  • Pork
  • Bacon and ham
  • Sausages and wieners
  • Deli and deli-style meat
  • Other meat preparations
  • Industry Activities
  • Wholesaling beef
  • Wholesaling pork
  • Wholesaling sausage and prepared meats
  • Wholesaling lamb, venison, bison and other meats
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from supermarkets and grocery stores
  • Price of red meat
  • Demand from food services and drinking places
  • Per capita beef consumption
  • Per capita pork consumption

  • Current Performance
  • Consumer tastes
  • Challenges and threats
  • Chart: Revenue Growth

  • Industry Outlook
  • Consumption trends
  • Disintermediation and consolidation
  • International influence
  • Table: Beef & Pork Wholesaling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Beef & Pork Wholesaling Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Supermarkets & Grocery Stores in Canada
  • Specialty Food Stores in Canada
  • Educational Services In Canada
  • Full-Service Restaurants in Canada
  • Fast Food Restaurants in Canada

  • Key Selling Industries
  • Beef Cattle Production in Canada
  • Hog & Pig Farming in Canada
  • Meat, Beef & Poultry Processing in Canada

  • Products & Services
  • Beef
  • Other meat preparations
  • Deli and deli-style meat
  • Pork
  • Bacon and ham
  • Sausages and wieners
  • Chart: Beef & Pork Wholesaling Industry Products and Services Segmentation

  • Demand Determinants
  • Downstream demand and household disposable income
  • Price of meats
  • Health trends
  • Seasonality
  • Disintermediation
  • Competition from substitutes

  • Major Markets
  • Retail sector
  • Other
  • Foodservice sector
  • Chart: Major Market Segmentation for the Beef & Pork Wholesaling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Beef & Pork Wholesaling

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Beef & Pork Wholesaling Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Beef & Pork Wholesaling 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 Beef & Pork Wholesaling Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)
  • Per Capita Beef Consumption (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Broadline
  • A distributor technique that services a wide variety of accounts with a wide variety of products.
  • Third-Party Wholesaler
  • A merchant wholesaler that is neither a product's manufacturer nor its retailer. Industry operators are considered third-party wholesalers.
  • Wholesale Bypass
  • A popular trend within retail and manufacturing industries where producers supply goods directly to stores, thus eliminating traditional merchant wholesalers.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Beef & Pork Wholesaling 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:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Beef & Pork Wholesaling:
    • 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 Beef & Pork Wholesaling 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 Beef & Pork Wholesaling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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