Meaty performance: Strong demand from meat processors should support industry growth

The Animal Raising industry involves 81,699 enterprises that breed and raise cattle, pigs, poultry and sheep for meat and milk processors. Cattle raised specifically for beef production account for over half of industry revenue. The industry has grown strongly over the past five years despite a sluggish start. The industry relies on demand from meat processors, which account for an estimated 76% of industry revenue. Falling prices and constrained demand from the Meat Processing industry (IBISWorld report C10.110IE) in 2014 negatively affected industry revenue. In the following year, an end to the EU's milk quotas led to oversupply, which contributed to the domestic price of milk falling by more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Meat prices have risen overall, contributing to industry revenue growth over the past five years
  • Rising demand for sheep meat has supported industry revenue growth
  • The number of industry operators is forecast to rise over the next five years
  • Industry Report - Industry Key Buyers Chapter

    Market share concentration is very low. There are approximately 81,699 enterprises in the Animal Raising industry, and no one single operator can influence output and therefore prices. Average standard output for each farm is well below 1% of industry revenue and the majority of operations are family owned, which means no formal wage is recorded. The number of enterprises has grown steadily after a fall at the start of the period as a result of weaker prices. The number of employees per enterprise has increased slightly over the five years through 2018 as output has expanded. Market share concentration is expected to remain at the same level over the next five years due to limited merger and acquisition activity...purchase to read more.

    Additional Insights for the Raising of Animals Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Raising of Animals Industry are

  • Economies of scale
  • Automation - reduces costs, particularly those associated with labour
  • Appropriate climatic conditions
  • IBISWorld analysts also discuss how external factors such as Domestic price of milk and Gross disposable income of households in the Raising of Animals industry impact industry performance..

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    What's in this report

    What is the Raising of Animals in Ireland Industry?

    Farmers in the industry raise, breed and sell animals, including cattle for meat and milk production, sheep, pigs and poultry. The industry also includes egg production on poultry farms. Raising of horses is not included in the industry.

    Industry Products
  • Cattle for slaughter
  • Sheep for slaughter
  • Poultry for slaughter
  • Pigs for slaughter
  • Milk for liquid consumption
  • Milk for processing
  • Eggs
  • Wool
  • Industry Activities
  • raw milk and raising of cattle
  • Raising and breeding chickens, turkeys and ducks
  • Producing eggs from poultry
  • Raising of lambs, sheep and goats, and wool production
  • Raising and breeding of pigs
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Domestic price of milk
  • Gross disposable income of households
  • Liquid milk consumption
  • Animal feed prices - feedstuff dairy meal (16%-18%)
  • Population

  • Current Performance
    Beefed up pricesMeaty demandMilking margins
  • Chart: Revenue Growth

  • Industry Outlook
    Export performanceIndustry profitability
  • Table: Raising of Animals Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Raising of Animals Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Meat Processing in Ireland
  • Milk & Cream Production in Ireland
  • Butter & Cheese Production in Ireland
  • Yoghurt & Other Dairy Product Processing in Ireland

  • Key Selling Industries
  • Agricultural & Forestry Machinery Manufacturing in Ireland
  • Animal Feed Production in Ireland

  • Products & Services
  • Cattle for slaughter
  • Milk for liquid consumption
  • Sheep for slaughter
  • Milk for processing
  • Poultry for slaughter
  • Pigs for slaughter
  • Eggs
  • Wool
  • Chart: Raising of Animals Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Meat processors
  • Dairy processors
  • Other markets
  • Chart: Major Market Segmentation for the Raising of Animals Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Raising of Animals

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Raising of Animals Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Raising of Animals Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Raising of Animals Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Automatic Milking Systems
  • Machinery that milks cattle without much human input.
  • Battery Cages
  • A pen where poultry is kept.
  • Farm-Gate Milk Price
  • The price dairy farmers receive for raw milk.
  • Processor
  • A business that takes a live animal, slaughters it and breaks it down into saleable cuts.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Raising of Animals in Ireland market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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    This report on Raising of Animals in Ireland:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Raising of Animals in Ireland market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Raising of Animals in Ireland, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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