Zacks Industry Outlook Highlights Tyson Foods, Pilgrim's Pride and Beyond Meat

In This Article:

For Immediate Release

Chicago, IL – March 14, 2025 – Today, Zacks Equity Research discusses Tyson Foods, Inc. TSN, Pilgrim's Pride Corp. PPC and Beyond Meat, Inc. BYND.

Industry: Meat Products

Link: https://www.zacks.com/commentary/2429472/3-meat-stocks-worth-watching-on-robust-industry-opportunities

The increasing consumer demand for protein-rich foods, fueled by a growing focus on health and wellness, is driving growth in the Zacks Food – Meat Products industry. To stay competitive, companies in this sector are expanding their product offerings, enhancing production capabilities, and investing in plant-based meat alternatives.

Despite challenges, such as elevated input costs and higher operational expenses, players like Tyson Foods, Inc., Pilgrim's Pride Corp. and Beyond Meat, Inc. are well-positioned for sustained growth. Their strategic initiatives and adaptability to evolving consumer preferences continue to strengthen their market presence.

About the Industry

The Zacks Food – Meat Products industry comprises companies that manufacture, process, market, distribute and sell a wide range of meat products like chicken, pork, beef, prepared food and plant-based meats. Some companies also offer poultry and turkey products, alongside providing nutritional food products and supplements, desserts and drink mixes and industrial gelatin products.

Most companies offer their products to retail and foodservice customers, while some cater to deli and commercial operators, including grocery retailers, grocery wholesalers, meat distributors, warehouse club stores, industrial food processing companies, chain restaurants, international export companies, school cafeterias and hospitals, among others. Some products offered include frozen whole chicken, primary pork cuts, salads, sandwiches and meatballs.

Major Trends Shaping the Future of the Meat Food Industry

Increased Protein Demand & Plant-Based Alternatives: The growing popularity of high-protein diets is fueling significant growth for meat companies, pushing them to constantly innovate their product offerings. This shift is largely driven by increased health consciousness, particularly among fitness enthusiasts following high-protein regimens like the keto diet.

At the same time, the demand for plant-based meat alternatives is gaining traction as more consumers opt for healthier, fresher choices over conventional meat products. These plant-based alternatives are favored for their minimal use of artificial ingredients and additives, making them a more wholesome option. Industry experts believe that plant-based protein could significantly disrupt the traditional meat industry, positioning itself as a formidable contender in the broader protein market.


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