2024 U.S. Industry Statistics & Market Forecast - Meat Processed from Carcasses

Published: April 2024

Industry Insights

The meat processed from carcasses industry is experiencing several trends that are affecting the way it operates. One of the key trends is the demand for healthier meat products. Consumers are becoming more health-conscious and are looking for meat products that are low in fat, calories, and cholesterol. This has led to the development of new processing techniques and packaging methods that preserve the nutritional quality of the meat while reducing its fat content.

Another trend in the industry is the increased use of automation and technology. The use of robotics and artificial intelligence in meat processing has resulted in more efficient and accurate processing techniques, which has led to higher productivity and reduced costs.

Sustainability is also a major trend in the industry. Consumers are increasingly concerned about the environmental impact of meat production, which has led to a growing demand for sustainable meat products that are produced with minimal environmental impact.

Finally, there is a trend towards the use of alternative protein sources such as plant-based proteins and lab-grown meat. This is driven by concerns about animal welfare, sustainability, and health, and it is likely to continue to grow in the coming years. As a result, companies in the meat processed from carcasses industry are investing in new technologies and partnerships to meet the changing demands of consumers.

U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

	Industry Average	Percent of Sales (Industry Benchmark)
Total Revenue	Order at top of page
Operating Revenue
Cost of Goods Sold
Gross Profit
Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit Net Income

Source: AnythingResearch Analysis of U.S. federal statistics

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	2%	Order at top of page
Chief Executives	0%
General and Operations Managers	1%
Installation, Maintenance, and Repair Occupations	6%
Other Installation, Maintenance, and Repair Occupations	5%
Production Occupations	58%
Food Processing Workers	39%
Butchers and Other Meat, Poultry, and Fish Processing Workers	34%
Meat, Poultry, and Fish Cutters and Trimmers	18%
Slaughterers and Meat Packers	14%
Miscellaneous Food Processing Workers	5%
Other Production Occupations	15%
Packaging and Filling Machine Operators and Tenders	6%
Packaging and Filling Machine Operators and Tenders	6%
Transportation and Material Moving Occupations	20%
Material Moving Workers	18%
Laborers and Material Movers	16%
Laborers and Freight, Stock, and Material Movers, Hand	10%

Source: Bureau of Labor Statistics

Meat Processed from Carcasses Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Meat Processed from Carcasses industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Meat Processed from Carcasses industry and adjacent sectors:

Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry	Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries
Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.	Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Meat Processed from Carcasses industry.

Innovation News

• Jan 16, 2024: Wahoo Locker trademarks "W WAHOO LOCKER" - Butchering
• Dec 14, 2023: Medina Foods trademarks "GOLDRUSH MEAT SNACKS" - Jerky; Beef jerky; Meat sticks consisting primarily of processed beef
• Dec 14, 2023: Medina Foods trademarks "GOLDRUSH" - Jerky; Beef jerky; Meat sticks consisting primarily of processed beef
• Nov 02, 2022: Cream raises $5 million in funding.
• Jun 01, 2022: Cream raises $3 million in funding.

Recent Federal Contracts for Meat Processed from Carcasses

• Apr 02, 2024: PUEBLO TRADING CO INC (Los Angeles, CA) awarded $19,080
• Apr 02, 2024: MULLEN MARKETING LLC (Dickson, TN) awarded $102,333
• Apr 01, 2024: EMA FOODS CO LLC (Tupelo, MS) awarded $13,250
• Mar 29, 2024: T.L. KELLER'S MEATS, LLC (Litchfield, OH) awarded $106,050
• Mar 29, 2024: APEX FOOD GROUP, LLC (Little Rock, AR) awarded $16,110
• Mar 28, 2024: RAINMAKER, INC. (Oakland Park, FL) awarded $282,266