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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 | Jun 2015

Fenced in: The industry remains at the mercy of external factors, causing revenue volatility

IBISWorld’s Beef Cattle Farming 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
$6bn
Annual Growth 10-15
-1.4%
Annual Growth 15-20
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Profit
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Employment
64,370
Businesses
30,028
Industry Analysis & Industry Trends

Challenging 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 1.4% 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 25.6% in 2014-15, to reach $5.5 billion, boosted by a 19.1% jump in saleyard prices.

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 Key Buyers Chapter

The Beef Cattle Farming industry is characterised by a low market share concentration. The industry is highly fragmented, with the top four players accounting for well under 40% of industry revenue. The overwhelming majority of operators in the industry are non-employing family businesses, with work carried out by the farm owner and occasionally their family members. IBISWorld estimates that over 85% of industry players fall into this category.

Industry concentration has remained stable over the past five years, with the fall in establishments similar to the fall in enterprises. Some merger and acquisition activity has occurred over the past five years. For example, Lake Woods Holdings acquired the private Cooinda Station in Queensland in 2011... 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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