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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 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
$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 Key Buyers Chapter

The Beef Cattle Farming industry is characterised by a low level of 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. It is estimated 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 businesses. 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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