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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 | Sep 2014

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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$74bn
Annual Growth 09-14
8.9%
Annual Growth 14-19
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Profit
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Employment
898,715
Businesses
506,235
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 Investment Chapter

Compared with the rest of the farming sector, Beef Cattle Production can require a substantial amount of investment capital, especially in the feedlot segment. The basic equipment requirements for feedlot operations are loader tractors, feed trucks, scales, corrals and fencing for lots, feed and water troughs, and grain silos for feed storage. Larger feedlots invest in specialized machinery and newer technology, such as computerized feeding and cattle management systems. Cattle ranches are much less automated and require a lower investment in capital. Cattle in ranches typically graze in large paddocks, lowering the costs of animal shelter, housing and maintenance.

As cattle ranches become more advanced, their costs rise but they also allow farmers to use less 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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