Major Group SIC 5147 - Meats And Meat Products

SIC 5147 - Meats And Meat Products

SIC 51 - Wholesale Trade-non-durable Goods
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 514 - Groceries And Related Products
  SIC 511 - Paper And Paper Products SIC 512 - Drugs, Drug Proprietaries, And Druggists' Sundries SIC 513 - Apparel, Piece Goods, And Notions SIC 514 - Groceries And Related Products SIC 515 - Farm-product Raw Materials SIC 516 - Chemicals And Allied Products SIC 517 - Petroleum And Petroleum Products SIC 518 - Beer, Wine, And Distilled Alcoholic Beverages SIC 519 - Miscellaneous Non-durable Goods
  - SIC 5147 - Meats And Meat Products
    SIC 5141 - Groceries, General Line SIC 5142 - Packaged Frozen Foods SIC 5143 - Dairy Products, Except Dried Or Canned SIC 5144 - Poultry And Poultry Products SIC 5145 - Confectionery SIC 5146 - Fish And Seafoods SIC 5147 - Meats And Meat Products SIC 5148 - Fresh Fruits And Vegetables SIC 5149 - Groceries And Related Products, Not Elsewhere Classified

Establishments primarily engaged in the wholesale distribution of fresh, cured, and processed (but not canned) meats and lard. Establishments primarily engaged in the wholesale distribution of frozen packaged meats are classified in Industry 5142, and those distributing canned meats are classified in Industry 5149.

Industry trends:

In recent years, the Meats and Meat Products industry (NAICS 5147) has experienced several qualitative trends that are shaping its future. One notable trend is the increasing consumer demand for transparency and sustainability. Consumers are more concerned about where their meat comes from, how it is raised, and its environmental impact. This has led to a rise in ethical sourcing and the adoption of humane farming practices by meat producers. Additionally, there is a growing interest in plant-based and alternative proteins, driven by health and environmental concerns, which is prompting meat companies to diversify their product lines.

Another emerging trend is the advancement in food technology, particularly in the development of lab-grown meat. This innovative approach aims to meet the rising demand for meat while addressing issues such as animal welfare and environmental sustainability. The adoption of digital technologies and data analytics in meat production is also increasing, helping firms optimize supply chain management and enhance food safety.

Looking ahead, the forecast for the industry shows a continued emphasis on sustainability and innovation. Consumer preferences are expected to further drive the adoption of plant-based alternatives and lab-grown meat products. Additionally, regulatory requirements around food safety and transparency will likely become more stringent, pushing companies to adopt more rigorous standards. These trends suggest a dynamic evolution in the Meats and Meat Products industry, with a focus on meeting consumer demands for healthier and more sustainable food options.

This industry is comprised of:

Lard-wholesale

Meats, cured or smoked-wholesale

Meats, fresh-wholesale

Explore related industries:

SIC 2013 - Sausages and Other Prepared Meat Products SIC 4222 - Refrigerated Warehousing And Storage SIC 5421 - Meat And Fish (seafood) Markets, Including Freezer Provisioners

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