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Structural Adjustment Of The Food Industries Of The United States

Author

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  • Connor, John M.

Abstract

The United States has the largest food manufacturing sector of any market economy of the world. The number of food manufacturers declined by 52 percent between 1974 and 1977. On average, the top four firms control over half of sales in processed-foods product classes; this concentration rose by 10 percent between 1958 and 1977. Product diversification has accelerated. Total food and beverage advertising and sales promotion expenditures ranged between $9 billion and $14 billion in 1979. These elements of market organization affect foodindustry economic performance: profit margins, manufacturers' prices, and technological change. About half of the food industries exhibit significant performance problems.

Suggested Citation

  • Connor, John M., 1982. "Structural Adjustment Of The Food Industries Of The United States," Staff Reports 276747, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssr:276747
    DOI: 10.22004/ag.econ.276747
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    File URL: https://ageconsearch.umn.edu/record/276747/files/ers-report-058.pdf
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    Cited by:

    1. Connor, John M. & Peterson, Everett B., 1993. "New Estimates of Welfare and Consumer Losses in U.S. Food Manufacturing," Staff Papers 200402, Purdue University, Department of Agricultural Economics.
    2. Johnson, D. Gale & Connor, John M. & Josling, Timothy E. & Schmitz, Andrew & Schuh, G. Edward, 1989. "Concentration Issues In The U.S. Beef Subsector," Working Papers 115907, Regional Research Project NE-165 Private Strategies, Public Policies, and Food System Performance.

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