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Beef Cattle Farming in Australia: Market Research Report

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

Beef Cattle Farming Market Research Report | ANZSIC A0142 | Mar 2015

Beefing up: Strong demand in export markets boosts industry revenue

IBISWorld’s Beef Cattle Farming market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 10-15
-4.0%
Annual Growth 15-20
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Profit
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Employment
63,157
Businesses
29,462
Industry Analysis & Industry Trends

Testing conditions have plagued the Beef Cattle Farming industry over the past five years. Varying weather patterns, fluctuating turnoff rates and government policies have influenced industry performance over the period. Industry revenue is forecast to decline by 4.0% annualised over the five years through 2014-15. However, strong demand for Australian cattle and beef in export markets is expected to boost the industry over the two years through 2014-15. Industry revenue is forecast to grow by 11.5% in 2014-15, to reach $4.8 billion.

Rainfall is the primary determinant of industry performance. Beef cattle farmers have suffered through varying weather conditions over the past five years... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Beef Cattle Farming industry is in the mature life cycle phase. This is evidenced by slowing growth and limited potential for product innovation or differentiation. Industry value added, a measure of the industry's contribution to the economy, is forecast to grow at an annualised 2.0% over the 10 years through 2019-20. Comparatively, GDP is forecast to grow at an annualised 2.7% over the same period. This slower growth indicates that while the industry still contributes to the economy's growth, its contribution is outstripped by other industries.

Industry consolidation over the past decade has led to larger operations using more-intensive farming techniques. This reflects attempts by producers to minimise long-term average costs to safeguard profit margins... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Beef Cattle Farming Industry?

Farms in this industry primarily produce beef cattle. This industry excludes feedlot, mixed livestock farming and grain-sheep or grain-beef farming operations.

Industry Products
Cows and bullsCalvesHeifers and steers
 
Industry Activities
Farming beef cattleGrazing domesticated buffaloDairy cattle agistment and replacement farming


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