Industry Analysis & Industry Trends
The performance of the Live Animal Wholesaling industry has been highly volatile over the past decade due to a wide range of factors. The industry is mainly influenced by demand from farms for cattle, sheep, pigs, poultry and horses. These farms often purchase breeding animals and then use these to breed more animals. Live animal wholesalers also purchase animals to sell on to other businesses, such as slaughterhouses and meat processing firms.
Another major influence on the industry is input prices, such as the cost of animal feed. Until recently, feed prices had increased significantly, which flowed through to higher animal prices and wholesaling revenue. However, animal feed prices have abated somewhat since 2014-15, constraining industry revenue to an extent... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Live Animal Wholesaling industry has a low level of concentration because there are many small animal wholesalers and even the largest firms are fairly small. In 2016-17, IBISWorld estimates the four largest companies will account for less than 6% of industry revenue, with the eight largest expected to make up approximately 9% of industry revenue. These percentages are estimated to have changed little in the past five years.
Industry concentration levels are expected to remain low in the next five years. There have been few mergers or acquisitions, and any future consolidation is expected to have little effect on concentration.
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