$4.3bn
$XXX.Xm
8,709
204
$XXX.Xm
The Cured Meat and Smallgoods Manufacturing industry has faced many challenges over recent years. Manufacturers heavily rely on supermarkets and grocery stores. Sales of cured meats and smallgoods spiked during the pandemic as many customers engaged in panic-buying behaviour, heavily stocking up on food items. But rising costs and inflation are now cutting into sales for manufacturers as demand from supermarket and retailers weakens in 2023-24. Overall, industry revenue is expected to rise at an annualised 1.7% over the five years through to 2023-24, including an anticipated dip of 4.6% in the current year, to $4.3 billion.
Industry revenue has grown at a CAGR of 1.7 % over the past five years, to reach an estimated $4.3bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
JBS Australia | 1,581.0 | |
George Weston Foods | 466.7 | |
D'Orsogna | 348.4 |
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Industry revenue is measured across several distinct product and services lines, including Ham, Bacon and Salami and sausages. Ham is the largest segment of the Cured Meat and Smallgoods Manufacturing in Australia.
Rising health consciousness has constrained revenue from sausages and salami
Industry manufacturers primarily produce bacon, ham, smallgoods and other prepared meat products. Smallgoods usually refers to meat products where the meat has been manufactured to form a new product, like sausages; salamis; pates; and dried, roasted and preserved meat products. Smallgoods are made from pig meat, and other meats like poultry and beef.
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ANZSIC 1113 - Cured Meat and Smallgoods Manufacturing in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Shifting consumer attitudes have resulted in manufacturers adjusting their ranges of cured meat and smallgoods. Consumers are wanting more environmentally friendly meals, wit...
Learn about an industry's products and services, markets and trends in international trade.
Sales to the food-service sector have been recovering since the pandemic. Easing restrictions have allowed restaurants to resume normal operations, supporting sales of cured ...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Manufacturers are evenly distributed across the country. As demand for industry products are nationwide, manufacturers are almost operating in every state and territory to st...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Manufacturers struggle with handling supplier power. Supply chain for the industry can be affected by natural climate, restricting power for manufacturers to control price an...
Learn about the performance of the top companies in the industry.
Major company market concentration is expected to grow over 2023-24. Smaller companies are collapsing as major companies dominate and acquire smaller manufacturers.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The domestic price of meat and poultry heavily influences profit margins. The prices of these inputs have been climbing over recent years, pushing up purchase costs.
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Rising domestic prices for meat and poultry have been constraining profitability and pushing up purchase costs. Profit is linked to input prices as manufacturers can pass on ...
Including values and annual change:
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Key data sources in Australia include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Cured Meat and Smallgoods Manufacturing industry in Australia is $4.3bn in 2024.
There are 204 businesses in the Cured Meat and Smallgoods Manufacturing industry in Australia, which has declined at a CAGR of 0.2 % between 2019 and 2024.
The market size of the Cured Meat and Smallgoods Manufacturing industry in Australia has been growing at a CAGR of 1.7 % between 2019 and 2024.
Over the next five years, the Cured Meat and Smallgoods Manufacturing industry in Australia is expected to grow.
The biggest companies operating in the Cured Meat and Smallgoods Manufacturing market in Australia are JBS Australia, George Weston Foods and D'Orsogna
Ham and Bacon are part of the Cured Meat and Smallgoods Manufacturing industry.
The company holding the most market share in Australia is JBS Australia.
The level of competition is moderate and steady in the Cured Meat and Smallgoods Manufacturing industry in Australia.