CoBank report shows an emphasis on dietary protein intake is broadening demographics of meat snack consumers, prompting investment and innovation among manufacturers.
A slowdown in new processing plant construction — combined with the inherent limitations of existing production systems and an undersupply of chicks — could hinder processors’ ability to maintain recent growth trends.
Rapidly worsening expectations about everything—from inflation and personal income to business and labor market conditions—elevate concerns among business owners, investors and consumers alike.