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Cattle & Hog Wholesaling in the US - Industry Market Research Report

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    Report

  • 49 Pages
  • September 2022
  • Region: United States
  • IBISWorld
  • ID: 16834

A new breed: As more companies exit the industry, industry profit is expected to grow

The Cattle and Hog Wholesaling industry operates between the upstream animal production and downstream animal processing industries. Industry operators purchase cattle and hogs from upstream livestock producers, the cost of which is primarily influenced by feed prices. Industry performance is largely driven by fluctuations in the price of red meat, which has declined over the five years to 2021, and per capita meat consumption, which has increased during the same five-year period. However, rising per capita meat consumption is not expected to significantly boost industry revenue growth. Overall, this industry reflects the Wholesale Trade sector (report 42) at large. Not only have lower red meat prices hindered industry revenue growth, but as more companies at the production and processing level vertically integrate to carry out their own wholesale functions, industry revenue will be negatively affected. Over the five years to 2026, the Cattle and Hog Wholesaling industry is expected to grow marginally, mainly due to the economic recovery from the COVID-19 (coronavirus) pandemic. However, further projected stagnation in the price of red meat and per capita meat consumption demonstrates that demand for industry products will be largely unchanged.

Establishments in this industry primarily wholesale livestock. Cattle, swine, sheep and goats are included, but horses and mules are excluded. Wholesalers may purchase livestock from feedlots, breeders or other ranchers and then sell to slaughterhouses, other feedlots and breeders and livestock buyers.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


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 Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Smithfield Foods Inc.

Methodology

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