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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 | Mar 2014

Lean cuisine: 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
$71bn
Annual Growth 09-14
8.1%
Annual Growth 14-19
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Profit
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Employment
937,000
Businesses
527,800
Industry Analysis & Industry Trends

While Americans are reducing red meat consumption and shifting to alternative sources of protein, such as poultry and eggs, industry demand will remain steady. Consumers reduced the quantity and quality of their beef purchases during the recession, and while per capita beef consumption will marginally increase over the next five years, reported health effects regarding beef will likely preclude any significant increase in consumption. Neverthelesss, downstream demand is is expected to remain steady due to increases in disposable income, allowing consumers to purchase pricer industry products... purchase to read more

Industry Report - Starting a New Business Chapter

Entry into the Beef Cattle Production industry is fairly uninhibited. Generally, all inputs are readily available, producers can easily shift between agricultural activities depending on market conditions, and cattle ranches are often available for sale. Nonetheless, costs and location pose some of the greatest barriers.

Entry costs

Setting up a farm or a feedlot from the ground up requires significant investment. New participants must raise funds to purchase a feedlot facility, cattle stock, livestock feed and a range of other costs including veterinary services, interest and labor... 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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