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Beef Cattle Farming in Australia Abstract This class consists of units mainly engaged in farming beef cattle or in operating beef cattle feedlots. Beef Cattle Farming in Australia ranks 157 out of 496 by industry turnover and its life cycle is in a mature phase, which means that the industry is generally growing at at the same rate as the economy. Capital/labour intensity is medium and the uptake of new technology is low. The industry's globalisation level is low and the trend is increasing. The industry has a medium level of exports, which means exports generate between 5% and 25% of the industry's turnover. The industry has a low level of imports, which means imports generate less than 5% of the industry's domestic demand. The trend for exports is increasing and for imports it's steady. The level of regulation is medium and steady and government assistance is low and steady.
This industry is forecast to have a decline average annualised growth rate over the next five years. A full analysis of each of the above conditions and more is available in every IBISWorld industry report! Table of Contents Industry Definition Market Characteristics Segmentation Industry Conditions Performance Key Competitors Key Factors Outlook News |