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Grain Growing in Australia: Market Research Report

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

Grain Growing Market Research Report | ANZSIC A0149 | Jan 2015

Farming fluctuations: Adverse weather conditions have caused significant volatility

IBISWorld’s Grain Growing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$14bn
Annual Growth 10-15
8.2%
Annual Growth 15-20
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Profit
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Employment
25,863
Businesses
12,059
Industry Analysis & Industry Trends

The Grain Growing industry is highly export-oriented and includes crops such as wheat, barley, sorghum and other grains. The industry has sustained high levels of revenue volatility over the past five years, largely influenced by the adverse weather conditions that have affected local supply. Fluctuations in global grain prices and global crop supply over the past five years have added to revenue volatility. Industry revenue is forecast to expand by an annualised 8.2% over the five years through 2014-15, to reach $13.6 billion. However, plummeting revenue in 2009-10 has skewed the industry's revenue growth figure over the period. Revenue is forecast to fall 11.1% in 2014-15, due to an anticipated 14.0% to 22.0% reduction in the nation's grain crop... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Grain Growing industry is in the mature stage of its life cycle. Industry Value Added (IVA), a measure of an industry's contribution to the overall economy, is forecast to increase at an annualised 3.5% over the 10 years through 2019-20, compared with 2.7% annualised GDP growth for the same period. The high volatility of the industry results in large fluctuations in revenue from year to year. IVA has fluctuated considerably over the past five years due to changes in production volumes and weather conditions, which makes it difficult to classify the life cycle stage based on this alone.

The range of products sold by the industry has not changed significantly. However, product innovation has occurred through the introduction of GM canola in 2008... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Grain Growing Industry?

This industry consists of farms that grow coarse grains or other cereal crops. Other farms in the industry grow oilseeds, peanuts, lupins, dry field peas and beans. This industry excludes rice growing.

Industry Products
WheatCoarse grainsOilseedsLegumes
 
Industry Activities
Wheat growingCanola growingChickpea growingBarley growing Corn and maize growingSorghum growing Soybean growingPeanut growingOther grain, oilseed and legume growing


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