Meat Products Manufacturers NAICS 3116

        Meat Products Manufacturers

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Industry Summary

The 3,700 meat manufacturing facilities in the US slaughter, process, and package meat protein products; principally beef, pork, and poultry. Meat manufacturing operations are comprised of three main processes: animal slaughtering, meat processing and packing, and rendering non-edible waste into useable byproducts. Larger manufacturers may engage in all of these activities, while smaller manufacturers may have much more limited or specialized operations.

Increasing Regulation

Meat product manufacturers are subject to extensive federal, state, and local laws and regulations by authorities that oversee slaughtering and processing, packaging, storage, distribution, advertising, labeling, food safety standards, and export of meat products.

Growth In Demand For Healthier Meats

Health-conscious consumers are increasingly demanding meats from animals raised without antibiotics or hormones and those fed specialized organic feed.


Recent Developments

Feb 23, 2026 - Judge Strikes Down Texas Plant-Based Meat Labeling Law
  • Texas’s strict plant‑based meat labeling law was struck down by a federal judge who ruled that it violated the First Amendment, removing a regulatory barrier that had favored conventional meat products, Food Dive reported in February. The law, enacted in 2023, had required plant-based products to display qualifiers like “meatless” or “lab-grown” in an equal or larger font size than the product name. Now, with the law overturned, plant‑based brands face lower compliance costs and fewer packaging constraints, improving their ability to compete on shelf appeal and marketing. For traditional meat manufacturers, the ruling means renewed competitive pressure in a state that had attempted to protect animal‑based products through labeling restrictions. The ruling may also influence similar legal battles in other states, potentially limiting future attempts to regulate plant‑based labeling and shaping the competitive landscape for both conventional and alternative meat producers.
  • President Trump has ordered a federal investigation into possible price fixing and anti-competitive behavior across US food supply chains, with a specific focus on foreign‑owned companies in sectors that include meat processing, Food Dive reports. For meat producers, this move brings both risk and opportunity. The investigation increases the likelihood of heightened antitrust scrutiny of large packers, especially multinational firms, potentially leading to enforcement actions, new regulations, or even criminal proceedings if collusion is discovered. The investigation could reshape pricing dynamics, contracting practices, and market power in the meat products sector. For independent and domestic producers, the probe could result in a more level playing field, particularly if regulators curb practices that have historically concentrated market power among a few dominant processors. Broadly speaking, the investigation signals a regulatory environment where meat pricing, procurement, and processor relationships face greater scrutiny.
  • Aging food processing infrastructure – some dating back more than half a century – poses risks for food manufacturers, especially producers of perishable products that must move swiftly through the system to preserve freshness and quality, Food Processing (FP) reports. Older equipment is more likely to break down, interrupting production and potentially leading to product loss and unexpected replacement costs. Moreover, prolonged downtime or product loss due to breakdowns can ripple through the supply chain. An incident at a poultry plant affected feed suppliers, transportation networks, as well as downstream distributors and retailers, FP gave as an example. The Boar’s Head deli meat plant in Jarrett, Virginia that was the source of a listeria outbreak that killed nine people, sickened dozens, and caused significant reputational damage to the company was 44 years old when it was shut down in 2024.
  • Producer prices for animal slaughtering and processing firms rose 7.5% in November compared to a year ago, after rising 6.4% in the previous November-versus-November annual comparison, according to the latest US Bureau of Labor Statistics data. Industry producer prices, which rose steeply in 2025, eased a bit from their record high in September. At the retail level, meat prices rose 8.9% year over year in November, with the price of beef and veal up 15.8%, per the Labor Department’s November 2025 Consumer Price Index. Industry employment grew 1.1% YoY in November to a record high level, while the average industry wage was relatively flat over the same period at $22.56 per hour, BLS data show.

Industry Revenue

Meat Products Manufacturers


Industry Structure

Industry size & Structure

The average meat products manufacturer employs 188 workers and generates $101 million in annual revenue.

    • There are 3,700 federally inspected meat and poultry slaughtering and processing plants in the US, employing about 556,400 people and generating annual revenue of $299.5 billion.
    • In beef and pork processing, the top 8 companies, including Cargill, Tyson Foods, JBS, and Smithfield Foods, control 79% of revenue.
    • In poultry processing, the top 8 companies, including Pilgrim's Pride, Tyson Foods, Perdue, Sanderson Farms, and Koch Foods, control 55% of revenue.
    • The US is the world's largest producer of poultry meat, representing 17% of world production.
    • One of the largest slaughterhouses in the world is operated by the Smithfield Packing Company in Tar Heel, North Carolina, and can butcher about 35,000 hogs a day.
    • The top livestock and poultry slaughtering US states are: Cattle - Nebraska, Kansas, and Texas; Hogs and pigs - Iowa, Minnesota, and North Carolina; Chicken - Georgia, Arkansas, and Alabama; and Turkey - Minnesota, North Carolina, and Arkansas.

                                  Industry Forecast

                                  Industry Forecast
                                  Meat Products Manufacturers Industry Growth
                                  Source: Vertical IQ and Inforum

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