The meat, poultry and seafood industry is experiencing a global boom.
Factors driving global market expansion include:
- Population gains
- Increasing demand for meat, poultry and seafood
- Growth in foodservice
- Export opportunities
US imports of fish/seafood rose 6% from 2015 to 2016, and exports of meat/poultry increased 2.5%.
The total value of shipments from meat, poultry and seafood segments reached $227.9 billion in 2015. The breakdown was:
- Animal slaughtering
43.5% - $99.3 Billion
- Meat produced from carcasses
21.2% - $48.3 Billion
- Meat by-products processing
1.9% - $4.4 Billion
28.1% - $64 Billion
5.2% - $11.9 Billion
There has been a 22% growth in retail sales of meat, poultry, and seafood from 2007 to 2012.
Visit pmmi.org/research to access the PMMI 2017 Meat, Poultry and Seafood Trends report and other industry intelligence.
PMMI, The Association for Packaging and Processing Technologies, examined the latest trends impacting food processors.
The Trends Shaping Meat, Poultry and Seafood Processing report provides insights from 50 industry experts. The report focuses on marketplace developments, operational changes and future equipment needs. It represents the fresh, frozen, canned, deli, ready-to-eat, individual quick frozen and preserved product categories.