Meat Products Manufacturers

NAICS 3116
Meat Products Manufacturers

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Industry Summary

The 2,966 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

Oct 23, 2026 - Immigration Enforcement Disrupts Beef Processing
  • Immigration enforcement operations in southwest Kansas disrupted beef processing in September as workers stayed home amid fears of detention, Reuters reports. Meatpacking plants slowed production, delaying shipments of thousands of cattle and creating additional challenges for an industry already struggling with tight cattle supplies. According to the USDA, US cattle slaughter fell 16% from the previous week on September 24. The disruptions affected major beef processing centers, including Dodge City and Liberal, where National Beef and Cargill operate plants, according to Reuters. Livestock industry groups warned that the enforcement activity was keeping even legally authorized workers away from their jobs. For meat manufacturers, continued labor disruptions could reduce processing capacity, increase operating costs, delay cattle deliveries, and put additional upward pressure on beef prices, which have already reached record highs.
  • Tyson Foods lowered its fiscal 2026 profit outlook as a nationwide cattle shortage drove livestock costs sharply higher, increasing cattle expenses by $575 million from a year earlier and deepening losses in its beef business, The Wall Street Journal reports. Higher cattle prices have pushed retail beef prices to record levels, reducing consumer demand and pressuring processing margins. Tyson expects limited near-term relief from the reopening of Mexican cattle imports because it will take about a year for additional cattle supplies to reach processing plants. While weaker wholesale chicken prices are also weighing on the industry, Tyson's emphasis on branded and value-added chicken products has helped offset some of the pressure, the company told investors. For meat products manufacturers, the report highlights continued margin challenges from tight cattle supplies, elevated livestock costs, and shifting consumer demand, while underscoring the value of diversified protein portfolios and branded products.
  • The USDA's new Small Processors Action Plan could benefit meat products manufacturers, especially small and very small processors, by reducing regulatory burdens and improving access to government support. The plan includes clearer USDA guidance, dedicated assistance for processors, streamlined appeals and inspection-related processes, and improved communication with regulators. The department is also providing $60 million through the Meat and Poultry Processing Expansion Program to help expand processing capacity and strengthen supply chain resilience. For makers of meat products, the initiative may lower administrative costs, improve operational efficiency, and make it easier to expand facilities and compete with larger processors. Increased support for local and regional processing could also improve market access for livestock producers and enhance the stability of domestic meat supply chains while maintaining existing food safety standards.
  • Producer prices for animal slaughtering and processing firms fell 8.5% year over year in September, reversing an 13.7% increase in the previous September-to-September comparison, according to the latest US Bureau of Labor Statistics data. Although industry producer prices have retreated from their record high in September 2025, they remain historically elevated. At the retail level, meat prices rose 1.3% year over year in September but edged down 0.6% from August, according to the Labor Department's September 2026 Consumer Price Index report. Beef and veal prices remained particularly high, rising 3.5% year over year. Meanwhile, industry employment increased 0.7% YoY in August, while the average hourly wage for animal slaughtering and processing firms rose 2.1% over the same period to $22.85, just shy of its record high in July, BLS data show.

Industry Revenue

Meat Products Manufacturers

Meat Products Manufacturers — revenue distribution by firm size chart

Industry Structure

Industry size & Structure

The average meat products manufacturer employs about 190 workers and generates $100 million in annual revenue.

  • There are 2,965 federally inspected meat and poultry slaughtering and processing plants in the US, employing about 559,600 people and generating annual revenue of $296.2 billion.
  • In beef and pork processing, the top 8 companies, including Cargill, Tyson Foods, JBS, and Smithfield Foods, control about 53% 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 poultry meat producer, with 17% of global output, followed by China and Brazil.
  • 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
Meat Products Manufacturers — industry growth forecast chart
Source: Vertical IQ and Inforum

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