Beef Cattle Production in Canada - Industry Market Research Report

Beef Cattle Production in Canada - Industry Market Research Report


Beef Cattle Production in Canada

Canadian beef cattle farmers have yet to be able to match their historic peak in 2014, although cattle prices and profit have remained high. Overall, cattle herd numbers have fallen while demand for beef has remained relatively consistent. This constrained supply has caused a spike in cattle prices as downstream food producers have tried to meet demand for beef. The average price of cattle and calves rose considerably prior to the period, setting record revenue levels. Prices began to fall as these capacity restraints were addressed and demand for beef declined in response. This trend reversed more recently, exacerbated by the COVID-19 pandemic, which resulted in strong revenue growth. Overall, revenue has climbed at a CAGR of 2.6% over the five years to 2023, including an increase of 1.2% to an estimated $19.9 billion in 2023 alone as beef prices go.

The Beef Cattle Production industry in Canada raises cattle, including cattle for dairy herd replacements, and fattens cattle to prepare them for consumption.

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.


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

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