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Beef Cattle Production in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Beef Cattle Production Market Research Report | NAICS 11211 | Jun 2015

Where's the beef: A shift to white meats will cut into growth, but demand will remain steady

IBISWorld’s Beef Cattle Production market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$82bn
Annual Growth 10-15
7.6%
Annual Growth 15-20
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Profit
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Employment
891,150
Businesses
503,403
Industry Analysis & Industry Trends

For decades, Americans' love of steaks and burgers maintained beef as the most consumed meat in the United States. However, in recent years, consumption of beef has declined due to the health risks associated with red meat. Despite those declines, the skyrocketing price of red meats and growing foreign demand has led to revenue increases in the five years to 2015. In the next five years, beef consumption will only slightly increase, and uncertainty and volatility regarding feed costs will result in a slight drop in revenue growth... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The longevity of beef products and their respective place in American culture maintain the Beef Cattle Production industry in a mature stage of its life cycle. IBISWorld expects the industry's value added (IVA) to grow at an average 4.9% per year during the 10 years to 2020; meanwhile, US GDP is forecast to grow at an average 2.5% per year. Profit gains from the lows of the past five years are expected to contribute to this strong IVA growth rate.

The production of bulls and cows to breed heifers and steers for slaughtering purposes has remained largely unchanged for centuries... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Beef Cattle Production Industry?

This industry includes farms and ranches that primarily engage in raising cattle (including cattle for dairy herd replacements), or feeding cattle for fattening to prepare them for consumption. The industry also comprises cattle feedlot operations, which produce high-quality beef.

Industry Products
SteersHeifersCowsCalvesBulls
 
Industry Activities
Cattle and calf ranching and farmingFeedlot operationsBackgrounding and conditioning cattleFeeder, stocker and veal calf replacementDairy heifer replacement


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