2021 deli
cover story: top 100
Hungry consumers feed
companies’ bottom line
The 2023 Meat and Poultry
Processors
Top
100
Report
Continued strong retail demand for meat and poultry products fuels profits for many processors and marketers.
By Fred Wilkinson
chief editor
Ongoing food price inflation has the beleaguered American consumer generally feeling a little stressed out, tired and less than secure about their economic status and outlook. Yet despite all that, “people gotta eat,” as they say.
That reality is reflected in 2023’s Top 100 rankings, with many companies’ performance in the past year maintaining the strong upward track that began during the pandemic and has only recently started to show signs of slowing down a bit.
The latest annual Power of Meat Study found 2022 meat sales rose 5.7% when compared against 2021 sales, with a healthy 87% of all meals prepared at home featuring meat or poultry. On an even more encouraging note, the study finds that despite all the attention meat alternatives have received, more than 98% of shoppers make meat purchases. A product category can hardly expect stronger market penetration than that.
The latest annual Power of Meat Study found 2022 meat sales rose 5.7% when compared against 2021 sales, with a healthy 87% of all meals prepared at home featuring meat or poultry.
