Overview

Beefed up: Industry revenue expected to grow due to strong overseas demand

The Beef Cattle Farming market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

REPORT SNAPSHOT

Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Revenue
$13bn
Annual Growth
2012 - 2017
6.0%
Annual Growth
2017 - 2022
Profit
Employment
65,246
Business
37,100

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 abroad have all influenced the industry's performance over the period. However, immense saleyard price growth has helped the industry post a strong financial performance. Industry revenue is forecast to grow at an annualised 6.0% over the five years through 2016-17, albeit from a low base. Strong demand for Australian cattle and beef in export markets helped boost industry revenue over the three years through 2015-16. Industry revenue is forecast to grow by 5.0% in 2016-17 to $13.4 billion, supported by ongoing high saleyard prices...

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Industry Report - Industry Products Chapter

The characteristics of beef cattle can help differentiate the Beef Cattle Farming industry's product segments, as different types of cattle fulfil specific industry needs. To this end, the industry's product segmentation is based on various cattle characteristics such as sex, age and reproductive traits. Segment shares indicate the volume of cattle sold. Breeds of cattle vary in each segment, with breeds including Wagyu, Barkly, Angus and Brahman.

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. Weather conditions influence the number of cows and bulls sold. Whe..

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Industry Products

What is the Beef Cattle Farming Industry?

Industry operators primarily farm beef cattle. The industry excludes feedlot, mixed livestock farming and grain-sheep or grain-beef farming operations.

Industry Products
Cows and bulls
Calves
Heifers and steers
Industry Activities
Farming beef cattle
Grazing domesticated buffalo
Dairy cattle agistment and replacement farming

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

Competitive Landscape

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
industry Globalisation

Major Companies

Operating Conditions

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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