one of the ways of making most out of cattle industry is to take a critical look at the value chain to have a broad overview of how the whole industry works. However, as we all know that there are two main purposes of rearing cattle, these are: for Beef and Dairy production and each of them have a value chain map which they follow in the cattle industry.
Therefore, we can say a value chain is a set of activities that a firm or enterprise operating in a specific industry performs in order to deliver a valuable products for the market. A better understanding of the cattle value chain will put a firm or an enterprise in better position of making profit. 
value chain of Beef cattle
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| Source: CGGC. Dairy beef figure from Mathews, 2008 | 
value chain of Dairy cattle
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| Source: CGGC. Dairy beef figure from Mathews, 2008. | 
Study these value chain well and locate that point or gap you can fit into to do business in your country.

 
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