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Citrus, Banana and Other Fruit Growing in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Citrus, Banana and Other Fruit Growing Market Research Report | ANZSIC A0139 | Mar 2015

Fruitful endeavours: Growing fruit consumption helps fuel revenue growth

The Citrus, Banana and Other Fruit Growing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 10-15
0.5%
Annual Growth 15-20
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Profit
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Employment
12,126
Businesses
4,320
Industry Analysis & Industry Trends

Over the past five years, unfavourable weather conditions have constrained revenue growth for the Citrus, Banana and Other Fruit Growing industry. Production output was severely constrained in 2010-11 by flooding and cyclones, particularly in Queensland, which contributed to revenue volatility over the past five years. Many farmers were able to replant crops soon after the wet conditions of 2010-11, which limited the spillover effect into the following year. Revenue is projected to grow at an annualised 0.5% over the five years through 2014-15, to reach $2.7 billion. Industry revenue is forecast to grow 3.7% in 2014-15. A... purchase to read more

Industry Report - Starting a New Business Chapter

The industry generally exhibits low barriers to entry, as most necessary inputs are readily available to growers. Sunk costs are reasonably low compared with other agricultural industries, although the price of farming land has risen substantially in the past five years. Compared with broadacre industries, fruit growing does not require large up-front investment in farm machinery. Most industry land and equipment is suitable for growing other fruit and vegetables. Long lead times between planting and harvesting are perhaps the biggest barrier for prospective growers. On average, it takes about five years for fruit trees to reach commercial bearing and it can take up to eight years before orchards break even... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Citrus, Banana and Other Fruit Growing Industry?

This industry includes farmers that grow bananas, pineapples, citrus fruit, tree nuts and other fruit.

Industry Products
Citrus fruitNutsBananasBerriesMangoesAvocadosOlivesOther fruit
 
Industry Activities
Avocado growingCitrus tree growingBanana growingBerry growingNut growingMango growingOlive growing


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