Meat Processing in Australia - Market Research Report

Meat Processing industry trends (2014-2019)

poll Average industry growth 2014–2019: 2.7%

The Meat Processing industry has performed weakly over the past five years, mainly due to a large base year in 2014-15. Production volumes of lamb and mutton, and beef and veal have been volatile over the past five years. Strong export demand has boosted domestic beef and lamb prices and encouraged farmers to sell livestock. Increased prices have helped boost revenue for meat processors. Industry revenue is expected to grow at an annualised 1.6% over the five years through 2019-20, to reach $22.7 billion. This includes an anticipated rise of 0.8% in the current year. A depreciation of the Australian dollar and high beef prices due to tight supply are expected to support industry revenue in the current year. Australia's meat processors export over 70...
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Meat Processing industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Meat Processing industry's growth is forecast to slow over the next five years. According to the OECD, global production of beef, lamb and pig meat products is projected to rise, with global meat prices projected to fall. Limited growth in per capita meat consumption in the domestic market is also forecast to constrain industry revenue growth. However, the industry is expected to produce a greater portion of value-added and premium products for export markets, supporting revenue. Similarly, free trade agreements with China, Japan, South Korea and Indonesia are likely to continue to support exports as tariffs are reduced over the next five years. Industry revenue is forecast to grow at an annualised X.X% over the five years through XXX-XX, to $XX....
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Meat Processing industry statistics

  • business Number of Businesses: 716
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 33,929

Biggest companies in the Meat Processing industry

The companies holding the largest market share in the Meat Processing in Australia industry include Industry Park Pty Ltd, Teys Australia Pty Ltd and Thomas Foods International Consolidated Pty Limited.

  • pie_chart Industry Park Pty Ltd Market Share: x.x%
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  • pie_chart Teys Australia Pty Ltd Market Share: x.x%
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  • pie_chart Thomas Foods International Consolidated Pty Limited Market Share: x.x%
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What is Meat Processing industry?

Industry Definition

Industry operators primarily process live animals into meat products. Processors slaughter, bone, freeze, preserve, pack and can meat. Businesses that primarily manufacture meat from abattoir by-products and render lard or tallow are also included in the industry. The industry excludes poultry and seafood processors, and smallgoods manufacturers (such as bacon, ham and corned meat producers).

Industry Products and Services

  • Beef and veal
  • Lamb and mutton
  • Pig meat
  • Other meats
  • All Others

Industry Activities

  • Abattoir operation
  • Animal meat packing and freezing
  • Meat manufacturing (except bacon, ham and poultry)
  • Meat meal or bone meal manufacturing (except fish or poultry meal)
  • Meat packing (except poultry)
  • Canned meat manufacturing (except poultry, bacon, ham and corned meat)
  • Dehydrated meat manufacturing (except poultry)
  • Frozen meat manufacturing (except poultry)
  • Unrefined animal oils or fats manufacturing
  • Lard or tallow rendering

Market research report - table of contents

Industry Definition

Industry operators primarily process live animals into meat products. Processors slaughter, bone, freeze, preserve, pack and can meat. Businesses that primarily manufacture meat from abattoir by-products and render lard or tallow are also included in the industry. The industry excludes poultry and seafood processors, and smallgoods manufacturers (such as bacon, ham and corned meat producers).

Main Activities

  • Abattoir operation
  • Animal meat packing and freezing
  • Meat manufacturing (except bacon, ham and poultry)
  • Meat meal or bone meal manufacturing (except fish or poultry meal)
  • Meat packing (except poultry)
  • Canned meat manufacturing (except poultry, bacon, ham and corned meat)
  • Dehydrated meat manufacturing (except poultry)
  • Frozen meat manufacturing (except poultry)
  • Unrefined animal oils or fats manufacturing
  • Lard or tallow rendering

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Beef and veal account for the largest share of products sold by the industry. Consequently, fluctuations in the domestic price of beef affect industry rev...
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Domestic price of beef
Trade-weighted index
Domestic price of lamb
Beef and veal production

Current Performance

Production and participation
Efficiency and profit
 Chart: Revenue Growth

Industry Outlook

 Table: Meat Processing in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Meat Processing in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Meat Processing in Australia
Meat, Poultry and Smallgoods Wholesaling in Australia
Fresh Meat, Fish and Poultry Retailing in Australia
Supermarkets and Grocery Stores in Australia
Fast Food and Takeaway Food Services in Australia
Restaurants in Australia
Cafes and Coffee Shops in Australia

Key Selling Industries

Sheep Farming in Australia
Beef Cattle Farming in Australia
Pig Farming in Australia




Products & Services

Industry players produce various types of meat. Some operators specialise in a particular type of meat, while others produce meats from a variety of lives...
Retailers
Wholesalers
Food-service industries
Food manufacturers


Demand Determinants

Demand for industry products is based primarily on domestic and international consumer demand for red meat and pork meat products. An important determinan...
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Major Markets

Retailers
Wholesalers
Food-service industries
Food manufacturers



 Chart: Major Market Segmentation for the Meat Processing in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Meat Processing industry exhibits moderate market share concentration. In 2019-20, the industry's four largest players are expected to account for ove...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Meat Processing in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Meat Processing in Australia - Market Research Report Industry

Industry Globalization

Industry Park Pty Ltd, trading as JBS Australia, is a foreign-owned Australian proprietary firm. Its parent, the Brazilian-based JBS S.A., entered the Aus...
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JBS Australia

 Table: JBS Australia - financial performance

Teys Australia - A Cargill Joint Venture

 Table: Teys Australia - A Cargill Joint Venture - financial performance

Thomas Foods International

 Table: Thomas Foods International - financial performance

Capital Intensity

The industry is moderately capital-intensive. For every dollar invested in capital across, an estimated $6.69 is paid as wages. Capital intensity has rise...
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 Chart: Level of Capital Intensity for the Meat Processing in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Meat Processing in Australia Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

AUS-MEAT

FEEDLOT

MEAT STANDARDS AUSTRALIA (MSA)

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Meat Processing industry?

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This report on Meat Processing in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Meat Processing in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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