Poultry Product Manufacturing
Companies in this industry slaughter and process poultry and small game. Major companies include Koch Foods, Perdue, Pilgrim's Pride, Sanderson Farms, and Tyson Foods (all based in the US); as well as BRF and Copacol (Brazil), Charoen Pokphand Foods (Thailand), Industrias Bachoco (Mexico), and New Hope Liuhe (China).
World population growth and rising demand for protein drive revenue for the poultry industry. Global output of poultry meat is about 140 million metric tons per year, according to the UN Food and Agriculture Organization (FAO). The US, China, and Brazil are the largest producers.
The US poultry product manufacturing industry includes about 520 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $70 billion.
Competitive Landscape
Demand is driven by domestic meat consumption trends and export markets. The profitability of individual companies depends on efficient production and distribution. Big companies have economies of scale in production and distribution. Small companies can compete successfully by targeting regional markets or by producing specialized products. The US industry is highly concentrated: the 50 largest companies account for more than 90% of revenue.
Export sales are a significant source of revenue for some US processors. Unlike the US market, which values mainly the white meat of chickens, many export markets value mainly dark meat. Exports of poultry products, mainly to Mexico, Hong Kong, and Canada, account for less than 5% of US production. Imports, mainly from Canada and Chile, represented less than 5% of the US market.
Products, Operations & Technology
Major products are young chickens, accounting for more than 50% of industry revenue, followed by processed poultry and small game (30% of the industry
... plus:
Sales & Marketing
,
Finance & Regulation
,
Regional & International Issues
,
Human Resources
Also includes the following chapters:
Quarterly Industry Update
,
Industry Indicators
,
Business Challenges
,
Trends and Opportunities
,
Call Preparation Questions
,
Financial Information
,
Industry Forecast
,
Industry Websites
,
Glossary of Acronyms