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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 | Jan 2017

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

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 12-17
6.0%
Annual Growth 17-22
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Profit
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Employment
65,246
Businesses
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... purchase to read more

Industry Report - Industry Locations Chapter

Over the past five years, the industry's geographic distribution has remained largely unchanged. Farmers in Queensland, New South Wales and Victoria dominate the industry. The nature of beef cattle farming varies across the country, but occurs in all Australian states and territories. The industry is typically discussed according to regions (northern and southern), since operations differ dramatically across the two.

In the northern states, dryer conditions mean that vegetation is sparse and larger areas of land are needed to run cattle. Northern Australia is home to some of the nation's largest herds and beef cattle farms. Queensland dominates the industry and accounts for nearly half of the nation's beef cattle herd... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

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 bullsCalvesHeifers and steers
 
Industry Activities
Farming beef cattleGrazing domesticated buffaloDairy cattle agistment and replacement farming


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