Investor Presentaiton
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Across all of the product categories listed in Table 7 with
the highest levels of unmet demand, note that meat/beef
production and processing is the largest general industry
sector spanning three product categories - with a
total of approximately $1.3 billion in unmet demand.
Moreover, these three product categories have RPCs
of 7.9 percent, 19.8 percent, and 24.6 percent and
collectively produce more than $1.6 billion each year,
underscoring the sizable presence this industry sector
currently maintains. This is also one reason why the
SCDA is actively working on various initiatives with the
explicit goal of expanding beef production in the
coming years.
MEASURING THE ECONOMIC BENEFITS
OF EXPANDED MEAT/BEEF PRODUCTION
AND PROCESSING
If new or existing South Carolina agribusiness
firms are able to capture any portion of this unmet
demand for meat/beef production and processing,
it could substantially increase the total economic
impact of agribusiness in South Carolina. More
specifically, Tables 8-10 highlight the potential
increase in the agribusiness cluster that South
Carolina would experience if the SCDA were to help
capture either 5, 15, or 25 percent of the unmet
demand in this sector by the year 2030.
SCDA
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RE
GRICULTURE
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