Industry Analysis & Industry Trends
The Poultry Meat Processing industry has performed well over the past five years. Industry operators process chicken, turkey, goose, duck and other fowl. About 80% of processed poultry products are sold raw, while the remaining 20% are ready to cook or fully cooked value-added products. Value-added poultry products include seasoned, marinated, crumbed and battered meats or cuts useful for snacks, entertaining or meals. The industry's major downstream markets are retailers and food-service operators. Over the five years through 2016-17, industry revenue is expected to grow at a compound annual rate of 3% to reach £4.9 billion.
While the ongoing supermarket price war has weighed on chicken processors in recent years, chicken has remained a staple household protein... purchase to read more
Industry Report - Industry Key Buyers Chapter
Market share concentration in the Poultry Meat Processing industry is medium. The top four firms are expected to have a combined market share of 61.1% in 2016-17. Supermarkets represent the largest market, accounting for 62.7% of industry revenue. For this reason, the industry's major companies have been competing frantically for supermarket supply contracts over the past five years. In those markets that fall outside grocery retailing, the level of concentration is much lower. The Poultry Meat Processing industry supplies products to many markets, including industrial processors and participants in the food-service industry like restaurants and caterers.
Merger and acquisition activity has been chiefly responsible for increasing concentration in the industry. The.. purchase to read more