Poultry Product Manufacturing
Companies in this industry slaughter and process poultry and small game. Major companies include US-based Koch Foods, Perdue, Pilgrim's Pride (owned by Brazil-based JBS), Sanderson Farms, and Tyson Foods; as well as Industrias Bachoco (Mexico), Charoen Pokphand Foods (Thailand), New Hope Group (China), and the Brazilian firms BRF and Copacol.
World population growth and rising demand for protein drive revenue for the poultry industry. Global output of poultry meat is more than 120 million metric tons per year, according to the UN Food and Agriculture Organization. The US, China, and Brazil are the largest producers.
The US poultry product manufacturing industry includes about 530 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $65 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 about 7% of US production. Imports, mainly from Canada and Chile, represent about 1% of the US market.
Products, Operations & Technology
Major products are fresh or frozen young chickens (about half of industry revenue) and processed poultry or meat products (about 30%). Other products include
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Sales & Marketing
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Finance & Regulation
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Regional & International Issues
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Human Resources
Also includes the following chapters:
Quarterly Industry Update
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Industry Indicators
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Business Challenges
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Trends and Opportunities
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Call Preparation Questions
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Financial Information
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Industry Forecast
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Industry Websites
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Glossary of Acronyms