Major Group SIC 02 - Agricultural Production Livestock And A...

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SIC 02 - Agricultural Production Livestock And Animal Specialties

SIC 02 - Agricultural Production Livestock And Animal Specialties
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs

This major group includes establishments (e.g., farms, ranches, dairies, feedlots, egg production facilities, broiler facilities, poultry hatcheries, apiaries) primarily engaged in the keeping, grazing, or feeding of livestock for the sale of livestock or livestock products (including serums), for livestock increase, or for value increase. Livestock, as used here, includes cattle, hogs, sheep, goats, and poultry of all kinds; also included in this major group are animal specialties, such as horses, rabbits, bees, pets, fish in captivity, and fur-bearing animals in captivity. An establishment primarily engaged in the production of livestock or livestock products (Major Group 02) is classified in the industry (four-digit) or industry group (three-digit) which accounts for 50 percent or more of the total value of sales for its agricultural production. If the total value of sales for agricultural products of an establishment is less than 50 percent from a single four-digit industry, but 50 percent or more of the value of sales for its agricultural products derives from the products of two or more four-digit industries within the same three-digit industry group, the establishment is classified in the miscellaneous industry of that industry group; otherwise, it is classified as a general livestock farm in Industry 0291.

Industry trends:

The Agricultural Production Livestock and Animal Specialties industry (NAICS 02) is witnessing significant qualitative trends that are reshaping its landscape. One prominent trend is the increasing emphasis on sustainable and ethical livestock farming practices. Consumers are becoming more conscious of animal welfare and environmental impact, driving producers to adopt more humane and eco-friendly methods. This includes improvements in livestock living conditions, reduced use of antibiotics, and a shift towards organic feed.

Another trend is the integration of advanced technologies such as precision farming, IoT (Internet of Things) devices, and data analytics. These technologies enable farmers to monitor animal health, optimize feed efficiency, and enhance overall farm management through real-time data insights. Additionally, the rise of alternative proteins, including lab-grown meat and plant-based meat substitutes, is putting pressure on traditional livestock producers to innovate and adapt to changing consumer preferences.

In the near future, we can expect continued growth in demand for grass-fed, free-range, and organic animal products, driven by consumer trends towards health and sustainability. The adoption of blockchain technology for traceability and transparency in the supply chain will likely increase, ensuring that consumers can verify the origins and processing methods of their meat products. Furthermore, regulatory pressures concerning environmental footprint and animal welfare standards are anticipated to become more stringent, compelling the industry to further refine its practices.

This industry is comprised of:

SIC 021 - Livestock, Except Dairy And Poultry

SIC 024 - Dairy Farms

SIC 025 - Poultry And Eggs

SIC 027 - Animal Specialties

SIC 029 - General Farms, Primarily Livestock and Animal Specialties

Explore related industries:

SIC 01 - Agricultural Production Crops SIC 07 - Agricultural Services SIC 09 - Fishing, Hunting, And Trapping

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