SEARCH   
MEMBER LOGIN    
Top 500

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 | Feb 2016

Prime cut: Soaring saleyard prices and overseas demand drive up industry revenue

IBISWorld’s Beef Cattle Farming market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$13bn
Annual Growth 11-16
3.1%
Annual Growth 16-21
Add to Cart
Profit
Add to Cart
Employment
62,463
Businesses
38,184
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 all influenced industry performance over the period. Industry revenue is forecast to grow at an annualised 3.1% over the five years through 2015-16, to reach $13.5 billion. In particular, strong demand for Australian cattle and beef in export markets is expected to boost the industry over the three years through 2015-16. Industry revenue is forecast to grow by 12.0% in 2015-16, supported by ongoing high 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 - Starting a New Business Chapter

Entry into the Beef Cattle Farming industry is uninhibited. Generally, all inputs are readily available, producers can usually shift between agricultural activities with ease and there are often cattle farms for sale. Nonetheless, there are some impediments to entry.

Potential industry participants can encounter problems raising the necessary finance for entry costs. New entrants must purchase cattle and agricultural land, which is rising in price. Like many agricultural industries, the profitability of beef cattle farming has been falling over the long term. Moreover, farming income is declining relative to income in non-farming sectors of the economy. Given this, traditional financing companies and banking institutions may be reluctant to approve loans for establishment costs... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Beef Cattle Farming Industry?

Operators in the industry primarily farm 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


View Sample
Quote
Select Clients