In microeconomics, management and international political economy, vertical integration is an arrangement in which the supply chain of a company is integrated and owned by that company. Usually each member of the supply chain produces a different product or (market-specific) service, and the products combine to satisfy a common need. It contrasts with horizontal integration, wherein a company produces several items that are related to one another. Vertical integration has also described management styles that bring large portions of the supply chain not only under a common ownership but also into one corporation.
A meat alternative or meat substitute, is a food product made from vegetarian or vegan ingredients, eaten as a replacement for meat. Meat alternatives typically approximate qualities of specific types of meat, such as mouthfeel, flavor, appearance, or chemical characteristics. Plant- and fungus-based substitutes are frequently made with soy, but may also be made from wheat gluten as in seitan, pea protein as in the Beyond Burger, or mycoprotein as in Quorn. Alternative protein foods can also be made by precision fermentation, where single cell organisms such as yeast produce specific proteins using a carbon source; as well as cultivated or laboratory grown, based on tissue engineering techniques.
Pilgrim's Pride Corporation is an American, multi-national food company, currently one of the largest chicken producers in the United States and Puerto Rico and the second-largest chicken producer in Mexico. It exited bankruptcy in December 2009 and relocated its U.S. headquarters to Greeley, Colorado, in 2011. It is majority-owned by JBS S.A. Pilgrim's Pride purchased Gold'n Plump for $350 million in late November 2016.
Tyson Foods, Inc. is an American multinational corporation based in Springdale, Arkansas that operates in the food industry. The company is the world's second-largest processor and marketer of chicken, beef, and pork after JBS S.A. It annually exports the largest percentage of beef out of the United States. Together with its subsidiaries, it operates major food brands, including Jimmy Dean, Hillshire Farm, Ball Park, Wright Brand, Aidells, and State Fair. Tyson Foods ranked No. 79 in the 2020 Fortune 500 list of the largest United States corporations by total revenue.
The meat-packing industry handles the slaughtering, processing, packaging, and distribution of meat from animals such as cattle, pigs, sheep and other livestock. Poultry is generally not included. This greater part of the entire meat industry is primarily focused on producing meat for human consumption, but it also yields a variety of by-products including hides, dried blood, protein meals such as meat & bone meal, and, through the process of rendering, fats.
A hatchery is a facility where eggs are hatched under artificial conditions, especially those of fish, poultry or even turtles. It may be used for ex situ conservation purposes, i.e. to breed rare or endangered species under controlled conditions; alternatively, it may be for economic reasons.
The meat industry are the people and companies engaged in modern industrialized livestock agriculture for the production, packing, preservation and marketing of meat. In economics, the meat industry is a fusion of primary (agriculture) and secondary (industry) activity and hard to characterize strictly in terms of either one alone. The greater part of the meat industry is the meat packing industry – the segment that handles the slaughtering, processing, packaging, and distribution of animals such as poultry, cattle, pigs, sheep and other livestock.
Charoen Pokphand Foods Public Company Limited, a company of the Charoen Pokphand Group, is an agro-industrial and food conglomerate headquartered in Thailand. It is one of the world's largest producers of feed and shrimp, and is also a global top three producer of poultry and pork.
Inghams Enterprises, commonly known as Inghams, is listed on the Australian Securities Exchange (ASX) and is a supplier/producer of poultry and fodder across Australia and New Zealand. The company claims to be one of the largest producers of chicken and turkey products in Australia and employs in excess of 8,000 people in more than 100 locations in Australia and New Zealand. The company was founded in 1918 and was managed by members of the Ingham family from its establishment until 2014, including Walter Ingham and his two sons, Jack Ingham and Bob Ingham. TPG Capital acquired Inghams in 2014 for A$880 million. Inghams was listed on the ASX in November 2016.
Smithfield Foods, Inc., is a pork producer and food-processing company based in Smithfield, Virginia. It operates as a wholly-owned subsidiary of the Chinese-owned conglomerate WH Group. Founded in 1936 as the Smithfield Packing Company by Joseph W. Luter and his son, the company is the largest pig and pork producer in the world. In addition to owning over 500 farms in the US, Smithfield contracts with another 2,000 independent farms around the country to raise Smithfield's pigs. Outside the US, the company has facilities in Mexico, Poland, Romania, Germany, Slovakia and the United Kingdom. Globally the company employed 50,200 in 2016 and reported an annual revenue of $14 billion. Its 973,000-square-foot meat-processing plant in Tar Heel, North Carolina, was said in 2000 to be the world's largest, slaughtering 32,000 pigs a day.
Perdue Farms is the parent company of Perdue Foods and Perdue AgriBusiness, based in Salisbury, Maryland. Perdue Foods is a major chicken, turkey, and pork processing company in the United States. Perdue AgriBusiness ranks among the top United States grain companies. Perdue Farms has 2021 annual sales of $8 billion.
John W. Tyson was an American businessman, the founder of American multinational corporation Tyson Foods and, from 1935 until his death in 1967, its chief executive officer.
Marfrig is the second largest Brazilian food processing company, after JBS. The company is headquartered in São Paulo. The company has 33 production units around the world and operational bases in 22 countries, exporting their products to over 100. It's activities include the production, processing, industrialization, sale and distribution of food based on animal protein, in addition to the sale of other food byproducts, such as frozen vegetables, sauces and desserts. The company is one of the largest beef producers in the world.
Zilpaterol is a β2 adrenergic agonist. Under its brand name, Zilmax, it is used to increase the size of cattle and the efficiency of feeding them. Zilmax is produced by Intervet, a subsidiary of Merck & Co., and marketed as a "beef-improvement technology". Zilpaterol is typically fed in the last three to six weeks of cattle's lives, with a brief period before death for withdrawal, which allows the drug to mostly leave the animal's tissues.
Poultry farming is a part of the United States's agricultural economy.
Farmageddon: The True Cost of Cheap Meat is a 2014 non-fiction book by Philip Lymbery and Isabel Oakeshott. It surveys the effects of industrial livestock production and industrial fish farming around the world. The book is the result of Lymbery's investigations for which he travelled the world over three years. Isabel Oakeshott is the political editor of The Sunday Times, Lymbery is CEO of Compassion in World Farming. The book was published by Bloomsbury.
The broiler industry is the process by which broiler chickens are reared and prepared for meat consumption. Worldwide, in 2005 production was 71,851,000 tonnes. From 1985 to 2005, the broiler industry grew by 158%.
Antibiotic use in the United States poultry farming industry is the controversial prophylactic use of antibiotics in the country's poultry farming industry. It differs from the common practice in Europe, where antibiotics for growth promotion were disallowed in the 1950s.
The meat industry has been severely affected by the COVID-19 pandemic in the United States. Outbreaks of the virus took place in factories operated by the meat packing industry and the poultry processing industry. These outbreaks affected dozens of plants, leading to closures of some factories and disruption of others, and posed a significant threat to the meat supply in the United States. The damage the COVID-19 pandemic brought to the meatpacking industry was unexpected and resulted in a sharp reduction of meat processing and capacity reduction of meatpacking companies.
Christopher Leonard is an American investigative journalist. He has written three books, The Meat Racket: The Secret Takeover of America's Food Business the New York Times best-selling Kochland: The Secret History of Koch Industries and Corporate Power in America, and The Lords of Easy Money: How the Federal Reserve Broke the American Economy. His work has appeared in The New York Times, The Wall Street Journal, Fortune, and Bloomberg Businessweek.
