High inflationary pressures, the increasing cost of key ingredients and feed, a recovering global supply chain and natural disasters that Australia has witnessed in 2022 following the impact of the pandemic, are all contributing to a significant increase in the unit price of meat and seafood in Australia. With the cost of energy, packaging, labour, transport, feed and ingredients on the rise, major players such as Ingham Enterprises are being forced to raise their end prices to address the challenges of increasing food and supplier costs as well as inflationary pressures.
One of the main drivers of meat and seafood substitutes in Australia is the growing awareness of the environmental impact of animal agriculture. Many consumers are concerned about the carbon footprint of meat production and the water and land resources that are required to raise livestock.
Mergers and acquisitions can have a significant impact on market dynamics, as they can change the competitive landscape of a category and alter the balance of power amongst players. The combined entity often becomes larger and more influential, which can enable the merged company to set more favourable prices or negotiate better terms.
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Understand the latest market trends and future growth opportunities for the Processed Meat, Seafood and Alternatives to Meat industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Processed Meat, Seafood and Alternatives to Meat industry in Australia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Processed Meat, Seafood and Alternatives to Meat
This is the aggregation of processed meat, processed seafood and meat and seafood substitutes.See All of Our Definitions
This report originates from Passport, our Processed Meat, Seafood and Alternatives to Meat research and analysis database.
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