Report highlights trends in meat, poultry, seafood industry
Sanitation concerns, meeting global demand and minimizing labor costs are the top-of-mind trends shaping the current landscape of the meat, poultry and seafood markets.
Factors influencing this boom include population gains; increased demand for meat, poultry and seafood; growth in foodservice; and export opportunities. The report is based on in-depth interviews with 50 professionals in the meat, poultry and seafood industry representing the fresh, frozen, canned, deli, ready-to-eat, individual-quick frozen and preserved categories, along with over 110 industry references.
Sanitation concerns, meeting global demand and minimizing labor costs are the top-of-mind trends shaping the current landscape of the meat, poultry and seafood markets. Complex regulations and lack of qualified labor are making it increasingly difficult to ensure proper sanitation. As a result, 82% of manufacturers are specifying more hygienic machines.
Since consumers in developing markets are incorporating more meat into their diets on a regular basis, the meat, poultry and seafood industries have seen steady growth. As one of the largest and most efficient meat and poultry producers, the U.S. meat and poultry industry is benefiting from this growth. U.S. exports of meat and poultry increased 2.5% from 2015-2016. The total value of U.S. shipments from the meat, poultry and seafood segments was $227.9 billion in 2015.