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Current State of the Industry | ||
Market Size (industry trends) | ||
Market Forecast (5-year projection) | ||
Products/Services Breakdown | ||
Revenue per State | ||
Financial Metrics | ||
Salary & Compensation Statistics | ||
Public Company Information | ||
Key Private Companies | ||
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2024 U.S. Industry Statistics & Market Forecast - Animal Slaughtering
Market Size & Industry Statistics
The total U.S. industry market size for Animal Slaughtering:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
Statistics | 2019 2020 2021 2022 2023 | |
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Market Size (Total Sales/Revenue) |
Order at top of page | |
Total Firms | ||
Total Employees | ||
Average Revenue Per Firm | ||
Average Employees Per Firm | ||
Average Revenue Per Employee |
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 | |
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Market Forecast ($ millions) | ||||||
Projected Industry Growth Rate (%) |
Industry Insights
The animal slaughtering industry, like any other industry, is constantly evolving in response to market demands, consumers’ dietary preferences, and technological advancements. Here are some of the key trends that are currently affecting the animal slaughtering industry:• Increasing demand for plant-based protein: With the growing awareness of the environmental impact of meat production and the health benefits of plant-based diets, more consumers are shifting towards plant-based protein sources. This trend is challenging the animal slaughtering industry to adapt and innovate to stay relevant.
• Automation and technology: The animal slaughtering industry is adopting state-of-the-art technologies such as robotics, IoT, and big data analytics to improve efficiency, productivity, and safety in the production process. This trend is revolutionizing the industry and transforming the labor market.
• Animal welfare: Increasingly, consumers are becoming more conscious about the ethical treatment of animals. This trend is leading the animal slaughtering industry to adopt animal welfare standards and practices that prioritize the wellbeing of animals.
• Supply chain transparency: There is a growing demand for transparency in the animal slaughtering industry, from animal husbandry to the end product. Consumers are more interested in knowing where their food comes from and how it was produced. This trend is driving the industry towards more transparency and traceability in the supply chain.
• Globalization: The animal slaughtering industry is becoming increasingly globalized, with products and services being traded across borders. This trend is creating new opportunities for growth, but also challenges in terms of regulations, compliance, and cultural differences.
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.Industry Average | Percent of Sales (Industry Benchmark) | |
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Total Revenue | Order at top of page |
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Operating Revenue | ||
Cost of Goods Sold | ||
Gross Profit | ||
Operating Expenses | ||
Pension, profit sharing plans, stock, annuity | ||
Repairs | ||
Rent paid on business property | ||
Charitable Contributions | ||
Depletion | ||
Domestic production activities deduction | ||
Advertising | ||
Compensation of officers | ||
Salaries and wages | ||
Employee benefit programs | ||
Taxes and Licenses | ||
Bad Debts | ||
Depreciation | ||
Amortization | ||
Other Operating Expenses | ||
Total Operating Expenses | ||
Operating Income | ||
Non-Operating Income | ||
EBIT (Earnings Before Interest and Taxes) | ||
Interest Expense | ||
Earnings Before Taxes | ||
Income Tax | ||
Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Animal Slaughtering company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.Profitability & Valuation Ratios | Industry Average |
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Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Animal Slaughtering industry is performing. | |
Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Animal Slaughtering measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
Liquidity Ratios | Industry Average |
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Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
Efficiency Ratios - Key Performance Indicators | Industry Average |
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Measure how quickly products and services sell, and effectively collections policies are implemented. | |
Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
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Management Occupations | 2% | Order at top of page |
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Chief Executives | 0% | |||
General and Operations Managers | 1% | |||
Installation, Maintenance, and Repair Occupations | 6% | |||
Other Installation, Maintenance, and Repair Occupations | 5% | |||
Production Occupations | 58% | |||
Food Processing Workers | 39% | |||
Butchers and Other Meat, Poultry, and Fish Processing Workers | 34% | |||
Meat, Poultry, and Fish Cutters and Trimmers | 18% | |||
Slaughterers and Meat Packers | 14% | |||
Miscellaneous Food Processing Workers | 5% | |||
Other Production Occupations | 15% | |||
Packaging and Filling Machine Operators and Tenders | 6% | |||
Packaging and Filling Machine Operators and Tenders | 6% | |||
Transportation and Material Moving Occupations | 20% | |||
Material Moving Workers | 18% | |||
Laborers and Material Movers | 16% | |||
Laborers and Freight, Stock, and Material Movers, Hand | 10% |
Animal Slaughtering Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Animal Slaughtering industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Animal Slaughtering industry and adjacent sectors:Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Animal Slaughtering industry. |
Source:
Innovation News
- Jan 24, 2024: West Lake Food trademarks "360 VIETNAMESE FOOD" - Instant noodles
- Sep 15, 2023: Premium Iowa Porkllc trademarks "COMFREY FARM" - Meat; Sliced meat; Packaged meat; Fresh meat; Cured meat; All natural meats; All natural meats
- Sep 15, 2023: Premium Iowa Porkllc trademarks "" - Meat; Sliced meat; Packaged meat; Fresh meat; Cured meat; All natural meats; All natural meats
Recent Federal Contracts for Animal Slaughtering- Apr 02, 2024: FOODS GALORE INC (Pennsauken, NJ) awarded $12,205
- Apr 02, 2024: SHAVER FOODS LLC (Fayetteville, AR) awarded $10,703
- Apr 02, 2024: NORTH STAR IMPORTS, LLC (Saint Paul, MN) awarded $28,950
- Apr 02, 2024: EMA FOODS CO LLC (Tupelo, MS) awarded $18,900
- Apr 02, 2024: COMPOSTING SME, LLC (Candler, NC) awarded $33,454
- Apr 02, 2024: MATTS TRADING INC (Palm City, FL) awarded $96,196
- Apr 02, 2024: FOODS GALORE INC (Pennsauken, NJ) awarded $12,205
- Apr 02, 2024: SHAVER FOODS LLC (Fayetteville, AR) awarded $10,703
- Apr 02, 2024: NORTH STAR IMPORTS, LLC (Saint Paul, MN) awarded $28,950
- Apr 02, 2024: EMA FOODS CO LLC (Tupelo, MS) awarded $18,900
- Apr 02, 2024: COMPOSTING SME, LLC (Candler, NC) awarded $33,454
- Apr 02, 2024: MATTS TRADING INC (Palm City, FL) awarded $96,196
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