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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

The Beef Cattle Production market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 - 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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