This industry comprises establishments primarily engaged in the merchant wholesale distribution of poultry and/or poultry products (except canned and packaged frozen).
The industry of Poultry and Poultry Product Merchant Wholesalers (NAICS 42444) is witnessing several qualitative trends that are shaping its future dynamics. One prominent trend is the increasing consumer demand for organic and free-range poultry products. Health-conscious consumers are driving the market towards more sustainable and ethically sourced poultry, prompting wholesalers to expand their product lines to include these options.
Another significant trend is the adoption of advanced technology in the supply chain, including automation and blockchain for better traceability and efficiency. Transparency in sourcing and handling practices is becoming more critical, influencing purchasing decisions among both retailers and consumers.
There is also a growing emphasis on international trade. As markets for poultry products in developing regions expand, U.S. wholesalers are likely to increase their export activities. This shift is supported by the growing global population and rising incomes, which contribute to higher demand for protein, including poultry.
For forecasts, the near future looks promising for the industry. The demand for poultry products is expected to continue its upward trajectory, with projections indicating steady growth due to their perceived health benefits over red meat. Wholesalers who adapt to consumer preferences for ethically sourced and transparent products, and who leverage technology for operational efficiencies, stand to benefit the most in this evolving landscape.
Chicken and chicken products (except canned and packaged frozen) merchant wholesalers
Eggs merchant wholesalers
Fresh poultry merchant wholesalers
Frozen poultry (except packaged) merchant wholesalers
Poultry and poultry products (except canned, packaged frozen) merchant wholesalers
Poultry, live and dressed, merchant wholesalers
Processed poultry (e.g., luncheon) merchant wholesalers
Turkey and turkey products (except canned and packaged frozen) merchant wholesalers
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.