NAICS 112990 Quarterly Industry Report
All Other Animal Production
Comprehensive industry research for valuation professionals, business owners, buyers, and lenders
NAICS Code: 112990Sector: Agriculture, Forestry, Fishing and Hunting (11)Updated: Q1 2026
About This Report
This Fair Market Value industry report (NAICS 112990) provides valuation-focused intelligence for professionals assessing specialty animal production businesses. Additional data is drawn from Bureau of Labor Statistics[6].. Data is sourced from USDA NASS Census of Agriculture[3], USDA ERS specialty livestock market analysis[4], and SBA size standards[7] to support business appraisals, acquisition due diligence, lending decisions, and investment analysis for specialty animal enterprises.
Industry Definition & Overview
All Other Animal Production (NAICS 112990) encompasses establishments primarily engaged in raising animals and insects not classified elsewhere in the animal production subsector, including bison, deer, elk, llamas, alpacas, dogs, cats, laboratory animals, worms, and other specialty livestock. This classification also covers diversified animal operations where no single species accounts for more than half of total production revenue. The USDA Census of Agriculture[3] tracks specialty animal inventory across these diverse segments, with bison production, deer and elk farming, and camelid (llama and alpaca) operations representing the most commercially developed categories.
Bison production has experienced steady growth driven by consumer demand for lean, grass-fed red meat, with the national herd concentrated across the Great Plains states including South Dakota, Montana, Nebraska, and North Dakota. Deer and elk farming serves venison meat markets, breeding stock sales, and velvet antler production. Alpaca operations focus on fiber production and breeding stock sales, while llama enterprises serve packing, guarding, and companion animal markets. The USDA Economic Research Service[4] notes that specialty livestock operations typically serve niche markets with premium pricing but limited distribution infrastructure and fewer comparable sales for benchmarking purposes.
Business valuations for specialty animal operations require species-specific expertise, as production systems, regulatory environments, and market dynamics vary widely across the diverse products in this classification. Appraisers must evaluate breeding stock genetics and inventory value, specialized housing and handling infrastructure, established buyer relationships and market channels, and compliance with species-specific regulatory requirements from state wildlife agencies and the USDA APHIS[5] animal health division.
What's Included in This Industry
- Sector-specific valuation multiples and financial benchmarks for specialty animal production operations
- Revenue and profitability analysis across bison, deer, elk, camelid, and other specialty livestock segments
- SBA size standard classification and lending threshold data for NAICS 112990
- Comparable transaction data from recent specialty livestock farm sales, herd dispersals, and ranch transfers
- Species-specific market analysis covering bison meat, venison, alpaca fiber, and breeding stock segments
- Workforce and labor cost benchmarking for specialty animal farm operators, handlers, and processing staff
- Industry risk assessment including niche market volatility, disease exposure, and regulatory complexity
- Regulatory compliance overview covering state wildlife farming permits, USDA inspection, and animal health standards
- Capital expenditure profiles for specialized fencing, handling facilities, processing infrastructure, and housing
- Production metrics including breeding rates, growth performance, fiber yields, and market price trends by species
NAICS Classification Hierarchy
| Level | Description | Code |
|---|---|---|
| Sector | Agriculture, Forestry, Fishing and Hunting | 11 |
| Subsector | Animal Production and Aquaculture | 112 |
| Industry Group | Other Animal Production | 1129 |
| NAICS Industry | All Other Animal Production | 11299 |
| National Industry | All Other Animal Production | 112990 |
Related NAICS Codes
| Code | Description | Relationship |
|---|---|---|
| 112111 | Beef Cattle Ranching and Farming | Beef cattle ranching operations that share grazing land management practices and compete with bison producers in premium red meat markets |
| 311611 | Animal (except Poultry) Slaughtering | Animal slaughtering establishments that process bison, deer, elk, and other specialty livestock into wholesale meat cuts for distribution |
| 112410 | Sheep Farming | Sheep farming operations that share small ruminant management practices with llama and alpaca enterprises on diversified grazing operations |
| 313110 | Fiber, Yarn, and Thread Mills | Fiber, yarn, and thread mills that purchase alpaca and llama fiber for processing into luxury yarn and textile products for specialty markets |
| 424520 | Livestock Merchant Wholesalers | Livestock wholesale merchants and specialty auction companies supporting marketing of bison, deer, elk, and camelid breeding stock sales |
| 541940 | Veterinary Services | Veterinary services providers delivering species-specific health care, reproductive services, and disease management for specialty livestock operations |
SBA Lending Summary
152
Total SBA Loans
$8.7M
Total Loan Volume
$57K
Average Loan Size
9 yrs
Average Loan Term
11.84%
Average Interest Rate
440
Jobs Supported
Source: SBA 7(a) Program Data, U.S. Small Business Administration — FY 2025[2]
Key Insight: The SBA[8] classifies All Other Animal Production (NAICS 112990) with a size standard of $3.0 million in average annual receipts. Most specialty animal operations are small-scale enterprises well within this threshold, qualifying for SBA-backed lending[9], government contracting preferences, and USDA agricultural support programs including specialty crop and livestock market development grants. Eligible businesses can access SBA 7(a) loans[10] for working capital, equipment, and acquisition financing, while 504 loans[11] support major fixed-asset purchases including real estate and heavy machinery.
Top SBA Lenders
| # | Lender | Loans | Volume | Avg Loan |
|---|---|---|---|---|
| 1 | TD Bank, National Association | 32 | $2.3M | $71K |
| 2 | Readycap Lending, LLC | 16 | $1.3M | $80K |
| 3 | Peoples Bank | 8 | $1.2M | $150K |
| 4 | Northeast Bank | 16 | $897K | $56K |
| 5 | Newtek Bank, National Association | 8 | $800K | $100K |
Frequently Asked Questions
Common questions about this industry.
What is the NAICS code for specialty animal production?
All Other Animal Production is classified under NAICS code 112990, covering establishments raising animals not classified in other specific animal production categories, including bison, deer, elk, llamas, alpacas, and specialty livestock.
What is the SBA size standard for specialty animal production?
The SBA[8] sets the size standard for NAICS 112990 at $3.0 million in average annual receipts, qualifying eligible specialty animal operations for small business lending programs and government contracting preferences.
What species are included in NAICS 112990?
This classification covers bison, deer, elk, llamas, alpacas, dogs, cats, laboratory animals, worms, and other specialty species per the U.S. Census Bureau[12] NAICS definitions. It also includes diversified operations where no single species dominates production.
What factors drive specialty animal operation valuations?
Key valuation drivers include breeding stock genetics and inventory value, species-specific infrastructure, established market channels, buyer relationships, regulatory permit status, and geographic location relative to target markets per USDA[13] agricultural data.
How large is the U.S. bison industry?
The bison industry has grown steadily with the national herd concentrated in Great Plains states. Consumer demand for lean, grass-fed bison meat continues to expand across restaurant and retail channels per USDA NASS[14] livestock inventory and production data.
What market channels serve specialty livestock producers?
Primary channels include specialty meat distributors (bison, venison), fiber buyers and yarn manufacturers (alpaca, llama), breeding stock auctions, direct-to-consumer sales, agritourism venues, and pet markets per USDA ERS[4] specialty product marketing analysis.
What regulatory requirements apply to specialty animal farming?
Requirements vary by species and state, typically including state wildlife farming permits for cervids, USDA APHIS[5] animal health certifications, chronic wasting disease testing for deer and elk, and species-specific handling and transport regulations.
What challenges exist in valuing specialty animal enterprises?
Limited comparable transaction data, niche market pricing variability, species-specific regulatory complexity, and concentrated buyer bases make income-based and cost-based valuation approaches central to specialty animal enterprise appraisals.
Sources & References
Government datasets and editorial sources used in this report.
- [1]U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages bls.gov
- [2]U.S. Small Business Administration, SBA 7(a) Loan Program Data data.sba.gov
- [3]USDA Census of Agriculture nass.usda.gov
- [4]USDA Economic Research Service ers.usda.gov
- [5]USDA APHIS aphis.usda.gov
- [6]Bureau of Labor Statistics bls.gov
- [7]SBA size standards sba.gov
- [8]SBA sba.gov
- [9]SBA-backed lending sba.gov
- [10]SBA 7(a) loans sba.gov
- [11]504 loans sba.gov
- [12]U.S. Census Bureau census.gov
- [13]USDA usda.gov
- [14]USDA NASS nass.usda.gov
Disclaimer
This publication has been prepared by Fair Market Value (“Fair Market Value”) for informational purposes only. It is provided on an “as-is” and “as available” basis. Fair Market Value makes no representations or warranties, express or implied, regarding the merchantability, fitness for a particular purpose, completeness, or accuracy of the data or information contained herein. This publication is not intended to be, and should not be construed as, professional financial, legal, tax, or investment advice. Users should consult with qualified professionals before making any financial or business decisions based on the information presented.
To the extent permitted by law, Fair Market Value disclaims all liability for loss or damage, direct and indirect, suffered or incurred by any person resulting from the use of, or reliance upon, the data in this publication.
Copyright © 2026 Fair Market Value. All rights reserved. All data, information, articles, graphs, and content contained in this publication are copyrighted works and Fair Market Value hereby reserves all rights. No part of this publication may be copied, reproduced, republished, uploaded to a third party, or distributed without the prior written permission of Fair Market Value.