Calling all carnivores: Declines in per capita meat consumption will hinder revenue growth

The Cattle and Hog Wholesaling industry is struggling in line with the decline of the wholesale sector at large over the five years to 2018. Increasing consolidation among downstream meat processors and upstream livestock producers has exacerbated this trend. Not only have lower red meat prices hindered industry revenue growth, but as more companies at the production and processing level vertically integrate to carry out their own wholesale functions, industry revenue is expected to decline further. Over the five years to 2023, the Cattle and Hog Wholesaling industry is expected to continue declining...purchase to read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Projected declines in the price of red meat and per capita meat consumption demonstrate that demand will be satiated
  • Due to weak demand decline in purchase costs has not translated into increased profitability
  • While cattle and hog supply numbers are expected to grow, the price of red meat will go down
  • Industry Report - Industry SWOT Analysis Chapter

    IBISWorld analysis indicates the Cattle and Hog Wholesaling industry is currently in a mature phase of its life cycle. IBISWorld expects the industry’s value added (IVA), the industry’s overall contribution to the economy, to decrease an annualized 2.1% over the 10 years to 2023. Comparatively, US GDP is projected to grow at an annualized rate of 2.2% during the same period. Factors which indicate the industry is mature include: well-defined product segments, an increasing trend of consolidation, and minimal opportunity for technological innovation.Opportunities to introduce innovative products are limited in this industry, given that most operators act as intermediaries between buyers and sellers of livestock. New...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
  • Market supply conditions
  • Winner, winner
  • Lower purchase costs, falling profit
  • Vertical integration saps demand
  • Chart: Revenue Growth

  • Industry Outlook
  • Livestock supply conditions
  • Consumer and consumption trends
  • 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 competitionExternal 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
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Price of Red Meat (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
  • 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 to get cattle and sheep to bear offspring at the same time.
  • What Our Customers Say

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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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