SIC 5421 | NAICS 445210
The following guide to industry information, research, and analysis provides sources for industry trends and statistics, market research and analysis, financial ratios and salary surveys, and more.
Select from the following sections or scroll below to view available resources:
For guides to other industries, see our index of over 400 industries.
Comprehensive market research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:
Monthly magazine features news and information for retail food professionals and includes a product category section focused on meat products in each issue, with special features covering this product category including "Fresh Food Trends and Forecasts" (May), "SN Annual Category Review" (Aug.), and "20xx Forecast and Trends" (Dec.). Selected "Meat" category articles can be viewed free online.
First Research profiles cover key aspects of an industry's size, scope, and operations and include a five-year growth forecast. Profile contents include:
Retail Sales Trends
Year-end sales report details retail beef sales data by product segment (e.g., ground, loin, rib, round, chuck, shoulder, brisket, plate, total beef) in dollars and pounds for ground beef and primal beef cuts along with the comparative percentage change from prior year sales for trending purposes. Report is based on IRI/FreshLook 52-Week Total US MULO retail scanner data and can be viewed free online.
Top Retail Cuts / Retail Cut Trends
https://www.beefitswhatsfordinner.com/top-cuts / cut-trends
Retail sales reports rank the top ten beef cuts in pounds by product category (e.g., ribeye steak, strip steak, T-bone steak, stew meat, chuck center roast, tenderloin steak, top sirloin steak, top round first steak, blade chuck roast, and cubed steak) on a national and regional basis with comparisons to the same periods in the prior year and the long-term trend base year. Reports can be viewed free online.
https://www.beefresearch.org/ Select "Consumer Trends" and "Trends Analysis" from "Topic" menu
Annual convention and midyear update reports provide insights into how well beef is performing from a retail standpoint, with topics covered in these reports including economic outlook, beef and protein supplies, product demand and consumption, channel perspectives, retail sales, consumer landscape and attitudes, beef recalls, and meat substitutes and alternatives. Reports can be viewed free online.
Market research report provides in-depth analysis of this product sector from a consumer standpoint, with topics covered including historical and forecast retail sales by product segment (e.g., beef, pork, other red meat), market share by retail channel, top manufacturers and brands, product consumption patterns and preferences, deterrents to product consumption, and consumer opinions and behaviors.
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.
Financial benchmarking section of this report provides an analysis of industry income and expenses as a percentage of sales for companies that sell fresh, frozen, and cured meats and poultry products to households, other retail businesses, and food service businesses, with product offerings including specific cuts and specialty items that are generally not readily available through other retail channels.
Free online service provides salary, bonus, and hourly wage data for job positions in this retail sector such as meat manager, cutter, butcher, wrapper, and clerk with employers for which salary or hourly wage data is provided including The Kroger Co., Safeway Inc., Walmart Inc., The Fresh Market, Inc., Sprouts Farmers Market Inc., Ingles Markets Inc., Fareway Stores Inc., and Whole Foods Market Inc.
Annual wage survey provides hourly and annual wage data on a national, state, and local area basis for employees who cut, trim, and prepare consumer-sized portions of meat and poultry for retail sale and may also perform additional tasks such as weighing, wrapping, and displaying products, waiting on customers, and preparing special cuts upon customer request. Wage data is available free online.