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Hoover's is Beta Testing our Industries section.
Animal Production Industry Financials
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Animal Production Industry Financial Summary
The US livestock and poultry industry includes over one million farms with combined annual revenue of about $125 billion. Major companies include Cargill, Smithfield Foods, Pilgrim's Pride, Tyson, and Dean Foods. Hog farming, poultry and egg production, and dairy operations are all concentrated industries: the top 10 percent of companies in each of these three industries holds 90 percent or more of the total market. Cattle ranching and feedlot operations are much more fragmented, with the top 10 percent of companies controlling only 30 percent of the market.
Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Animal Production industry.
| NAICS | NAICS Description | Establishments | Sales, Receipts, or Shipments ($1,000) | Annual Payroll ($1,000) | Paid Employees |
|---|---|---|---|---|---|
| 424520 | Livestock merchant wholesalers | 1,100 | $7,094,581 | $119,086 | 7,841 |
| 424910 | Farm supplies merchant wholesalers | 7,688 | $53,754,438 | $2,925,400 | 78,830 |
| All NAICS Sectors | 8,788 | $60,849,019 | $3,044,486 | 86,671 |
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