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Livestock Production Support Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Livestock Production Support Services Market Research Report | NAICS 11521 | Jan 2016

Taking stock: Economic recovery and growth in farm prices will drive demand for support services

IBISWorld’s Livestock Production Support Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 11-16
-0.3%
Annual Growth 16-21
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Profit
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Employment
64,505
Businesses
50,841
Industry Analysis & Industry Trends

Demand for the Livestock Production Support Services industry is growing in line with larger cattle and pig herds, bigger broiler flocks and increased milk production. However, animal disease outbreaks, increasing health consciousness and the global economic recession have reduced meat consumption over the past five years, thus limiting revenue with which to spend on support services at the farm level. Through 2020, revenue in the downstream livestock industries is forecast to grow as the economy improves and demand recovers at the retail level, which bodes well for the industry. Operators will benefit from growing livestock inventories and a trend among many farms toward outsourcing services instead of making large investments into capital equipment... purchase to read more

Industry Report - Industry Locations Chapter

Support services for livestock production are offered across the country. Businesses that carry out on-farm services tend to be located close to the farms they service. The geographic spread of the establishments within this industry generally follows the US geographical distribution of livestock and other animals like horses that are serviced by the industry. The Southeast, West and Mid-Atlantic are estimated to round out the top-three regions by establishment density. Similarly, these regions are also the three largest by population.

Southeast

The Southeast region accounts for an estimated 23.9% of all industry locations and an estimated 25.4% of the US population... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Livestock Production Support Services Industry?

This industry includes companies that mainly provide support services for raising livestock. Livestock is a term used to describe animals, such as cattle, goats, hogs, horses, poultry and sheep, which have been domestically raised for meat, milk, wool and work. Support services provided to livestock producers include breeding services, pedigree record services and vaccination. Activities related to aquaculture are excluded.

Industry Products
Boarding servicesBreeding servicesDairy support servicesLivestock health servicesFarrier servicesMiscellaneous services Shearing services
 
Industry Activities
Breeding servicesDairy support servicesBoarding servicesLivestock health servicesMiscellaneous servicesShearing services


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