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Sector: 11 Agriculture, Forestry, Fishing and Hunting

NAICS Code 112420 - Goat Farming

Industry Description

This industry comprises establishments primarily engaged in raising goats.

Business Examples

Common types of business activities within NAICS 112420 - Goat Farming are:

  • Dairy goat farming
  • Goat farming (e.g., meat, milk, mohair production)
  • Angora goat farming
  • Milking dairy goat
  • Mohair farming

IBISWorld Industry Research Report

Sheep Farming in the US (11241)

Revenue 2025

$0.6bn

Growth 2025

-10.43%

Key Trends

  • Since farms were considered essential work in the coronavirus pandemic, farms were able to operate in-person

  • While hikes in meat prices stem from growth for this industry, it is not entirely beneficial for consumers that have to endure these hikes in prices

  • Stable demand for mutton and lamb due to local and organic food movements will continue to benefit this industry

Products and Services

NAICS Hierarchy 112420 - Goat Farming

NAICS Code 112420 - Goat Farming sits in the 2-digit Goat Farming sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes

2 Digits: 11

Sector Title: Agriculture, Forestry, Fishing and Hunting

3 Digits 4 Digits 5 Digits 6 Digits

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