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Beef & Pork Wholesaling in Canada - Industry Market Research Report

Beef & Pork Wholesaling in Canada - Industry Market Research Report

  • January 2019
  • 33 pages
  • ID: 4387199
  • Format: PDF
  • By Ibisworld

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

Abstract

Beef & Pork Wholesaling in Canada
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. Nevertheless, while consumers are expected to eat less meat, they are also expected to choose more premium meat products, including grass-fed, organic, antibiotic-free or hormone-free varieties and lean cuts that command a price premium, buoying industry revenue to a degree.

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.

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.

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