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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 | Oct 2014

Weather permitting: Fluctuations in rainfall affect cattle herd numbers

IBISWorld’s Beef Cattle Farming market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 10-15
-0.8%
Annual Growth 15-20
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Profit
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Employment
47,941
Businesses
29,462
Industry Analysis & Industry Trends

The Beef Cattle Farming industry has come up against some tough conditions over the past five years. Industry revenue is expected to fall at a compound annual rate of 0.8% over the five years through 2014-15, to reach $5.7 billion. Varying weather patterns, volatile input prices and issues surrounding the welfare of live animal exports have contributed to this decline. However, the Beef Cattle Farming industry is expected to grow by 1.8% in 2014-15, due to improving prices and demand conditions.

Beef cattle farmers have suffered varying weather conditions over the past five years, which has wreaked havoc on profit margins. Arid conditions in early 2009-10, particularly in northern Australia, severely reduced farm output... purchase to read more

Industry Report - Industry Products Chapter

Australia's beef cattle herd is estimated to number more than 25 million. The characteristics of beef cattle can help differentiate industry product segments, as each type of cattle fulfils a specific need in the industry. To this end, the industry's product segmentation is based on a number of cattle characteristics such as sex, age and reproductive traits. The shares have been calculated based on the volume of cattle sold.

Cows and bulls

Cows and bulls are the female and male reproducers of the cattle herd that are not normally destined for slaughter. Cows are female cattle of reproductive age, while bulls are non-castrated male cattle. Combined, these cattle are expected to account for more than 40% of the nation's beef cattle sold... 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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