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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

IBISWorld’s Citrus, Banana and Other Fruit Growing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 - Industry Investment Chapter

The industry's wage costs indicate a highly capital-intensive industry. For every dollar spent on wages for hired labour, the average industry operator spends an estimated $0.37 on capital items. However, the industry's wage costs do not include imputed wages of farm owners. Many owner-operators rely on drawings from profit for their income, rather than a traditional wage. Consequently, the industry's wage costs underrepresent its reliance on labour. When imputed wages are accounted for, it becomes clear the industry is moderately capital intensive.

The level of capital intensity is expected to rise in the next five years. Labour requirements will fall as the industry moves towards more intense production systems... 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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