The Economic Impacts associated with Meat

Introduction

The meat industry supplies around $832 billion to the Economy of the United States, or just under 5.8% of GDP and has an impact on firms in all sectors of the US economy through its distribution and production, processing, and consumption linkages. Over 2000-2009, the American market for meat and meat products increased at an average of 4% per annum, approaching maturity and becoming increasingly concentrated, with the major prospects for future growth depending on the successful development of exports. With its large and highly efficient agricultural economy, the United States has long been a ...