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Beef & Pork Wholesaling in the US - Industry Market Research Report

  • June 2017
  • 38 pages
  • Ibisworld
Report ID: 198871

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Lean meat: Revenue will be bolstered by high meat prices, but health concerns will still loom large

Abstract
Beef & Pork Wholesaling in the US

The Beef and Pork Wholesaling industry is facing challenging conditions. The industry, which serves as the middleman between beef and pork product producers and retailers is expected to slow as consumer preferences change and industry operators consolidate. Consolidation will be caused by retailers doing business with producers, thereby cutting out wholesaling middlemen.

Over the five years to 2022, demand is projected to remain low and the wholesale bypass trend is expected to strengthen. Projected increases in household disposable income and demand from downstream markets will keep demand for beef and pork products stable. In addition, the price of red meat is expected to be less volatile than it was in the previous five years, enabling industry players to more successfully pass on cost increases in the form of higher prices.

Operators in this industry wholesale beef, pork and other red meat products. There are two types of wholesalers that execute the industry’s activities. One type is merchant wholesalers, which include independent wholesaling operations. The other includes manufacturers’ sales branches and offices, which represent the wholesale division of vertically integrated meat processors. Canned and packaged frozen goods are excluded from this industry, as are poultry and seafood products.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

MAJOR COMPANIES
- Smithfield Foods Inc.
- Tyson Foods Inc.
- SYSCO Corporation
- Hormel Foods Corporation
- US Foods Holding Corp.

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