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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 | Feb 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
$84bn
Annual Growth 10-15
8.0%
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. In the coming years, this trend is set to continue, as consumers purchase more lean, white meats, which will stifle growth in industry revenue... purchase to read more

Industry Report - Industry Analysis Chapter

For decades, Americans' love of steaks and burgers maintained beef as the most consumed meat in the United States. That changed in 1995, when chicken overtook beef as America's most consumed meat. Since then, the Beef Cattle Production industry has struggled to maintain consistent revenue growth. Persistent challenges include Americans' ever-increasing health concerns about fat and cholesterol, which are characteristic of beef, and red meat's higher prices, which stem from skyrocketing input costs. This growth is largely due to remarkable price hikes of red meat in 2010 and 2011 of 18.8% and 21.6%, respectively. However, as harsh drought conditions in 2012 caused cattle producers to reduce herd numbers, the industry has fewer cattle to sell... 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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