Abstract
The main objective of the article was to identify the major barriers to development of the meat processing sector (PKD 10.1), and to indicate the directions of action allowing to overcome the identified problems. Meat processing sector is characterised by high fragmentation, low level of vertical and horizontal integration, and low profitability. As a result, European companies have become less competitive against global competitors.
Highlights
The European Union is a strongly differentiated region, composed of 28 democratic states functioning in political and economic union
The important challenges facing the European meat processing sector cover key factors, such as low margins and pressure exercised on the meat processing sector by chain stores, suppliers of raw materials, producers of fodder or consumers
Changes in the European meat processing sector will be distributed in time and will require decisions linked, e.g. to consolidations, mergers and takeovers
Summary
The European Union is a strongly differentiated region, composed of 28 democratic states functioning in political and economic union. A strength, but simultaneously a weakness of the European Union is great differentiation of its members. The countries forming the union are in many cases different as regards cultural, historical, economic, religious or climate issues. There are many more differences between the respective countries, but a set of politically and economically justified ideas and objectives allows for many years of functioning under a continually developing association (Rysz, 2005). The significance of the meat industry in the global economy may be evidenced by the fact that as much as 28.3% of food expenditures is allocated to meat and its products, which is approx. It should be emphasised that the European meat processing sector is strongly
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
