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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 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
$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 - Starting a New Business Chapter

Entry into the Beef Cattle Farming industry is fairly uninhibited. Generally, all inputs are readily available, producers can usually shift between agricultural activities with ease and there are often a number of 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 are required to purchase cattle and agricultural land, which is rising in price. Like many agricultural industries, profitability of beef cattle farming has been falling over the long term. Moreover, farm income is declining relative to income in the non-farm sector of the economy... 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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