Market size and recent performance (2013-2028)
Industry revenue has grown at a CAGR of 7.0% over the past five years, to reach an estimated $144.1bn in 2023.
Trends and Insights
Biggest companies in the Sheep and Cattle Farming in China
| Company
2022 | Market Share (%)
2022 | Revenue ($m)
2022 | Profit ($m)
2022 | Profit Margin (%)
2022 |
|---|---|---|---|---|
New Hope Group | ||||
Beijing Capital Agribusiness & Food Group Co. Ltd. | ||||
Aoshilan Pasture Ltd. |
To view the market share and analysis for all 5 top companies in this industry, view purchase options.
Products & Services Segmentation
Industry revenue is measured across several distinct product and services lines, including Sheep and goats, Cows and Horses. Sheep and goats is the largest segment of the Sheep and Cattle Farming in China.
Trends and Insights
<B>Cows</B>
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Revenue for the Sheep and Cattle Farming industry in China is expected to increase at an annualized 7.0% over the five years through 2022, to $144.1 billion. This includes an expected revenue increase of 3.8% in the current year. Domestic demand for beef and mutton in China is expected to increase at an annualized 7.1% over the five years through 2022, due to China's rising population and improved living standards. In addition, the prices of these meats have steadily increased over the past five years.
What's included in this industry?
Feeding and raising of livestock such as sheep, cattle, horses, mules and donkeysProcessing of milk productsProcessing of fur and manesSheep and goatsCowsHorsesDonkeysMulesCamelsOtherCompanies
New Hope GroupBeijing Capital Agribusiness & Food Group Co. Ltd.Aoshilan Pasture Ltd.Purchase this report to view all 5 major companies in this industry.
Related Terms
BOVINE SPONGIFORM ENCEPHALOPATHY (BSE)EMBRYO TRANSFERSTERILIZATIONIndustry Code
0310 - Sheep and Cattle Farming in China
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Household Disposable Income. Demand for livestock is sensitive to the level of household disposable income. A rise in disposable income tends to boost demand. Traditionally, m...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2013-2022) and forecast (2023-2028)
- Employees, including historical (2013-2022) and forecast (2023-2028)
- Businesses, including historical (2013-2022) and forecast (2023-2028)
- Profit, including historical (2013-2023)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
<B>Cows</B>
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2023
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2023
- Major market segmentation in 2023
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Activity in this industry is concentrated in Inner Mongolia, Henan, Xinjiang Uygur, Sichuan and Yunnan. These five provinces together are forecast to generate 37.9% of industr...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2023
Tables
- Number and share of establishments in each region in 2023
- Number and share of revenue each region accounts for in 2023
- Number and share of wages each region accounts for in 2023
- Number and share of employees in each region in 2023
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Output is sold under contract. A supply contract, especially a long-term contract with major downstream enterprises, such as abattoirs, is crucial for the sale of livestock pr...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2018-2023
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
New Hope Group (NHG) has more than 600 subsidiaries and over 135,000 employees in China and abroad. NHG has been engaged in agribusiness for more than 40 years. NHG provides m...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2019 through 2023
- Major companies in the industry, including market share, revenue, profit and profit margin in 2023
- Overview of New Hope Group's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of Beijing Capital Agribusiness & Food Group Co. Ltd.'s performance by revenue, market share and profit margin from 2017 through 2023
- Overview of Aoshilan Pasture Ltd.'s performance by revenue, market share and profit margin from 2017 through 2023
- Overview of revenue, market share and profit margin trend for 2 additional companies
Detailed analysis
- Description and key data for New Hope Group, and factors influencing its performance in the industry
- Description and key data for Beijing Capital Agribusiness & Food Group Co. Ltd., and factors influencing its performance in the industry
- Description and key data for Aoshilan Pasture Ltd., and factors influencing its performance in the industry
- Description, key data and performance trends for 2 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
At present, issues such as the protection of rare species, disease prevention and treatment, and growth hormone abuse have affected the development of the Sheep and Cattle Far...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
Detailed analysis
- Demographic and macroeconomic factors influencing the industry
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2013-2028)
- IVA (2013-2028)
- Establishments (2013-2028)
- Enterprises (2013-2028)
- Employment (2013-2028)
- Exports (2013-2028)
- Imports (2013-2028)
- Wages (2013-2028)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the estimated market size of the Sheep and Cattle Farming industry in China in 2023?
The market size of the Sheep and Cattle Farming industry in China is $144.1bn in 2023.
How many businesses are there in the Sheep and Cattle Farming in China industry in 2023?
There are 2m businesses in the Sheep and Cattle Farming industry in China, which has declined at a CAGR of 0.7% between 2018 and 2023.
Has the Sheep and Cattle Farming industry in China grown or declined over the past 5 years?
The market size of the Sheep and Cattle Farming industry in China has been at a CAGR of 7.0% between 2018 and 2023.
What is the forecast growth of the Sheep and Cattle Farming industry in China over the next 5 years?
The Sheep and Cattle Farming in China market is forecast to over the five years from 2023 to 2028
What are the biggest companies in the Sheep and Cattle Farming market in China?
The biggest companies operating in the Sheep and Cattle Farming market in China are New Hope Group, Beijing Capital Agribusiness & Food Group Co. Ltd. and Aoshilan Pasture Ltd.
What does the Sheep and Cattle Farming in China include?
Feeding and raising of livestock such as sheep, cattle, horses, mules and donkeys and Processing of milk products are part of the Sheep and Cattle Farming industry.
Which companies have the highest market share in the Sheep and Cattle Farming in China?
The company holding the most market share in China is New Hope Group.
How many people are/were employed in the Sheep and Cattle Farming in China in 2023?
There are 6m employed in the Sheep and Cattle Farming industry in China 2023.
Widen your competitive advantage with related industries
Related Domestic Industries
- The Pig Farming industry in China comprises farms engaged in pig rearing and the processing of pig by-products, such as pig bristles and raw pig skin.
- This industry is engaged in the feeding and raising of fowl, such as ducks, chickens, geese and quails.
- This industry breeds and raises marine creatures (plants and animals) commercially.
- This industry produces sausages, cured meats, smoked meats, dried meats and other prepared meats and meat specialties from purchased fresh meats (both livestock and poultry).
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in China include:
- National Bureau of Statistics China
- General Administration of Customs
- People’s Bank of China
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
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