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Home › Industry Metrics › NAICS 31161

NAICS 31161 - Animal Slaughtering and Processing

NAICS 31161 - ANIMAL SLAUGHTERING AND PROCESSING
NAICS 31161 Animal Slaughtering and Processing
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This industry comprises establishments primarily engaged in one or more of the following: (1) slaughtering animals; (2) preparing processed meats and meat byproducts; and (3) rendering and/or refining animal fat, bones, and meat scraps. This industry includes establishments primarily engaged in assembly cutting and packing of meats (i.e., boxed meats) from purchased carcasses.

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This industry comprises establishments primarily engaged in one or more of the following: (1) slaughtering animals; (2) preparing processed meats and meat byproducts; and (3) rendering and/or refining animal fat, bones, and meat scraps.

This industry includes establishments primarily engaged in assembly cutting and packing of meats (i.e., boxed meats) from purchased carcasses.

Explore the industry hierarchy

Drill down to explore more specific industries.

NAICS 31 Manufacturing
NAICS 311 Food Manufacturing
NAICS 3116 Animal Slaughtering and Processing
NAICS 31161 Animal Slaughtering and Processing
NAICS 311611 Animal (except Poultry) Slaughtering
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Industry trends

The Animal Slaughtering and Processing industry (NAICS 31161) is experiencing several notable qualitative trends that are shaping its current and future landscape. One prominent trend is the increasing demand for transparency and animal welfare. Consumers are becoming more concerned about the origins of their meat products, emphasizing humane treatment and sustainable practices. This has led to a rise in certifications and labeling that highlight ethical standards, such as grass-fed, free-range, and organic options.

Another significant trend is the adoption of advanced technologies and automation. The industry is leveraging tools like artificial intelligence, robotics, and blockchain to improve efficiency, traceability, and food safety. These technologies are expected to streamline the production process, reduce waste, and enhance quality control.

Additionally, there is a growing interest in plant-based and alternative protein products. While these products are not a direct part of animal slaughtering, their emergence impacts industry dynamics by providing consumers with more choices and potentially reducing meat consumption. This shift is prompting traditional meat processors to diversify their product lines.

Looking ahead, it is forecasted that these trends will continue to influence the industry. Enhanced regulations around animal welfare and environmental impact are likely to be implemented, compelling companies to adapt. Moreover, the integration of cutting-edge technologies will become more widespread, leading to smarter and more sustainable operations. The demand for alternative proteins is also expected to grow, prompting traditional players to innovate and diversify to stay competitive.

  • Investment in renewable energy and grid modernization continues to accelerate.
  • Regulatory changes and sustainability initiatives are shaping long-term growth.
  • Operational efficiency and technology adoption are key focus areas.

Industry Comparison

How this industry compares to all industries.

Return on Investment (ROI) 1%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 18%

Loan Failure Rate 10%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 72%

Total Companies in this Industry 753
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Explore related industries

  • NAICS 31161 Animal Slaughtering and Processing
  • NAICS 311611 Animal (except Poultry) Slaughtering
  • NAICS 311612 Meat Processed from Carcasses
  • NAICS 311613 Rendering and Meat Byproduct Processing
  • View all related industries

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