Support Activities for Animal Production — Business Survival Rate
An estimated 53% of support activities for animal production businesses survive their first 5 years, based on U.S. Census Bureau Business Dynamics Statistics. The annual business closure rate is 11.9%.
Is Support Activities for Animal Production a Good Business to Start?
With a 53% five-year survival rate, support activities for animal production is near the national average (~50%). This means roughly half of new entrants will still be operating after 5 years — typical business risk that rewards solid planning and execution.
The annual exit rate of 11.9% indicates moderate turnover. Success depends on differentiation, location, and operational efficiency rather than inherent industry advantages.
Entry vs. Exit Rates
Annual rate of new businesses opening versus existing businesses closing.
Net positive: more businesses opening than closing (+1.0 pp spread).
Job Creation & Destruction
The industry is adding jobs faster than losing them — a positive sign for both workers and new business owners looking to hire. Total employment: 23,196 workers across 4,161 firms.
Want to know how much support activities for animal production businesses actually make?
See full revenue benchmarks for Support Activities for Animal Production →Frequently Asked Questions
- What percentage of support activities for animal production businesses fail?
- Approximately 47% of support activities for animal production businesses fail within their first 5 years. The annual closure rate is 11.9%, with 439 firms closing permanently in 2023.
- Is the support activities for animal production industry growing or shrinking?
- The support activities for animal production industry is currently growing with a net job creation rate of +3.0% per year. New businesses are entering at 12.9% while 11.9% close annually.
Source: U.S. Census Bureau, Business Dynamics Statistics (2023). Survival rate estimated from annual exit rates.