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Animal Production

Publisher First Research, Inc.
Published Feb 02, 2026
SKU # FRRS20830070

Description

Brief Excerpt from Industry Overview Chapter:

Companies in this industry raise or fatten animals for the purpose of selling animals or animal products. Major companies include Agri Beef, Dairy Farmers of America, Pilgrim's, and Smithfield Foods (all based in the US), as well as Bachoco (Mexico), Ingham's (Australia), JBS Foods (Brazil), and WH Group (Hong Kong).

Worldwide, meat production is projected to reach about 384 million tons in 2025, according to the Food and Agriculture Organization (FAO). The US, Brazil, China, India, and Argentina are among the major beef producers.

The US animal production industry includes about 2 million farms with combined annual revenue of about $270 billion in 2024, according to the USDA.

The animal production industry includes feedlot farms that prepare livestock for slaughter but does not include slaughter, processing, or packing operations. The industry includes farms and ranches that earn the majority of their income from raising livestock. A cattle ranch, for example, may compete with farms that raise cattle but get most of their income from crops.

Table of Contents

Industry Overview
Quarterly Industry Update
Business Challenges
Business Trends
Industry Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Web Links and Acronyms

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