The Bacon, Ham and Smallgood Manufacturing industry has been plagued by low profitability and marginal revenue growth, which have contributed to significant consolidation in the past five years. The industry has been faced with volatile feed costs, climatic vagaries and nutritional concerns that have affected the consumption of high-fat foods. There has a slight turnaround for the industry with demand buoyed by product innovation and the development of new products that have addressed consumer needs of health and convenience. Innovative has yielded low-fat industry products and single-serve packaging for the convenience conscious.
This industry includes firms that primarily manufacture bacon, ham (including canned bacon or ham), smallgoods, and other prepared meat products. Smallgoods is a term usually referring to meat products where the meat has been manufactured to form a new product, such as sausages, salamis, pates, and dried, roasted and preserved meat products. Smallgoods are made from pig meat and other meats, such as poultry and beef.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.