Dry meat: Rising health concerns and the threat of livestock diseases will impede revenue growth

The Cattle and Hog Wholesaling industry operates between upstream animal production and downstream animal processing. Industry operators purchase cattle and hogs from upstream livestock producers, the price of which is primarily influenced by feed prices. The price of feed, made mostly of corn, has been volatile over the five years to 2017. Feed prices grew until 2014 before falling significantly. These volatile feed costs have rippled down the supply chain and are affecting wholesalers in the form of changing livestock prices. Additionally, a massive drought in 2012 led to food and water shortages that caused livestock farmers to cull herds, further decreasing supply and pushing livestock prices up...purchase to read more.

Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 12-17
1.0%
Forecast Growth 17-22
Profit
Employment
5,975
Businesses
1,402
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Rising prices for products wholesaled by this industry will translate into increased purchase costs for industry operators
  • Increases in the price of beef can be attributed to drastic increases in the price of corn and feed
  • Livestock prices are high enough to give farmers increased incentive to produce more animals
  • Industry Report - Industry Key Buyers Chapter

    Livestock wholesalers buy animals from various types of livestock operations (e.g. breeder, feeder and stocker) and either sell back to such operations or to slaughterhouses. Given the diversity in a livestock wholesaler's potential upstream and downstream markets, the Cattle and Hog Wholesaling industry is highly fragmented. Many small players account for the bulk of industry participants.About three-quarters of establishments are either nonemployers or employ fewer than five people. The industry's low concentration reflects the niche nature of livestock wholesaling. Also, a lack of major players (i.e. individual enterprises that account for more than 5.0% of the industry's total annual revenue) contributes to low concentration. Wit...purchase to read more.

    Additional Insights for the Cattle & Hog Wholesaling Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Cattle & Hog Wholesaling Industry are

  • A diverse range of clients
  • Effective communication and negotiation
  • Links with suppliers
  • IBISWorld analysts also discuss how external factors such as Per capita meat consumption and Demand from meat, beef and poultry processing in the Cattle & Hog Wholesaling industry impact industry performance..

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    What's in this report

    What is the Cattle & Hog Wholesaling Industry?

    Establishments in this industry primarily wholesale livestock. Cattle, swine, sheep and goats are included, but horses and mules are excluded. Wholesalers may purchase livestock from feedlots, breeders or other ranchers and then sell to slaughterhouses, other feedlots and breeders and livestock buyers.

    Industry Products
  • Cattle
  • Hogs
  • Sheep and goats
  • Industry Activities
  • Wholesaling cattle
  • Wholesaling swine
  • Wholesaling sheep
  • Wholesaling goats
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita meat consumption
  • Demand from meat, beef and poultry processing
  • Demand from animal production
  • Price of feed
  • Healthy eating index

  • Current Performance
  • Shifting dynamics of demand
  • Purchase costs to rise
  • Consolidating supply chain
  • Chart: Revenue Growth

  • Industry Outlook
  • Upstream supply
  • Consumer concerns
  • Industry structure
  • Table: Cattle & Hog Wholesaling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Cattle & Hog Wholesaling Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Beef Cattle Production
  • Hog & Pig Farming
  • Sheep Farming
  • Meat, Beef & Poultry Processing

  • Key Selling Industries
  • Beef Cattle Production
  • Farm, Lawn & Garden Equipment Wholesaling
  • Hog & Pig Farming
  • Livestock Production Support Services
  • Sheep Farming

  • Products & Services
  • Cattle
  • Hogs
  • Sheep and goats
  • Chart: Cattle & Hog Wholesaling Industry Products and Services Segmentation

  • Demand Determinants
  • Linkage industries
  • Lifestyle trends
  • Seasonality and disease outbreaks

  • Major Markets
  • Other wholesalers
  • Farmers and ranchers
  • Meat processors
  • All others
  • Chart: Major Market Segmentation for the Cattle & Hog Wholesaling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWages and depreciationRent and utilities
  • Chart: Cost Structure Benchmarking – Sector vs Cattle & Hog Wholesaling

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Cattle & Hog Wholesaling Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Cattle & Hog Wholesaling Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Cattle & Hog Wholesaling Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Price of Red Meat (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Bio-Security
  • An emerging scientific sector concerned with health and safety in all aspects of the food supply chain.
  • Bovine Spongiform Encephalopathy
  • Also known as mad cow disease, a degenerative disease in cattle.
  • Estrus Synchronization
  • A scientific breeding technique in which estrus, or heat, is induced in order to get cattle and sheep to bear offspring at the same time.
  • What Our Customers Say

    Why buy this report?

    The Cattle & Hog Wholesaling industry market report contains strategic analysis of the key drivers influencing the industry. Save hours of time on research and prospecting using IBISWorld’s standardized, up-to-date reports on thousands of industries. Our industry research provides growth and profit forecasts for a five-year outlook period, presented in a clear and user-friendly format.

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    This report on Cattle & Hog Wholesaling:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Cattle & Hog Wholesaling market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Cattle & Hog Wholesaling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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