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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 | Jan 2017

Beefed out: 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
$77bn
Annual Growth 11-16
2.8%
Annual Growth 16-21
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Profit
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Employment
826,389
Businesses
729,856
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. Nevertheless, industry revenue grew over the past five years due to the skyrocketing price of red meats. Over the next five years, beef consumption will only slightly increase, and uncertainty and volatility regarding feed costs will result in a slight drop in industry revenue... purchase to read more

Industry Report - Starting a New Business Chapter

Entry into the Beef Cattle Production industry is fairly uninhibited, though some moderate barriers to entry do exist. 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, startup 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. Acc.. 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
SteersHeifersCowsCalvesBullsDairy Cows and Other
 
Industry Activities
Cattle and calf ranching and farmingFeedlot operationsBackgrounding and conditioning cattleFeeder, stocker and veal calf replacementDairy heifer replacement


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