Bird’s eye view: Increased per capita consumption and sales will boost industry revenueAbstractEgg & Poultry Wholesaling in the US
The Egg and Poultry Wholesaling industry has stagnated in recent years as external competition muted the industry’s revenue growth. Eggs and poultry meat products popularity grew in line with changing health-conscious trends. The price of primary feed inputs, such as corn and soy, which declined sharply, also led to lower purchasing costs. Despite this decline, conditions have remained difficult for industry operators, leading egg and poultry wholesalers to operate at a loss. Demand for industry services is expected to remain consistent over the five years to 2022. Demand is expected to be driven in part by increased per capita consumption of poultry and eggs, strong sales of premium eggs and higher-margin chicken products, and consumers choosing to dine out more frequently. However, rising wholesale bypass will threaten operators as larger retailers continue to work directly with vertically integrated poultry processors instead of intermediary distributors.
This industry includes specialty wholesalers whose primary business is the distribution of poultry products from manufacturers to downstream markets, including the retail and foodservice sectors. Products include fresh chicken and turkey, frozen and processed poultry and eggs, although canned and packaged frozen meals containing poultry are not included. Broadline grocery distributors and vertically integrated poultry processing and egg companies are not included in this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.