Grain Growing in Australia: Market Research Report

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

Grain Growing Market Research Report | ANZSIC A0149 | Feb 2014

More than a grain of growth: Favourable planting conditions will support increased output

IBISWorld’s Grain 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
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 09-14
Annual Growth 14-19
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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 volatility in the past five years, largely influenced by adverse weather conditions that have constrained local supply. Revenue volatility has been further exacerbated by fluctuations in global grain prices and global crop supply over the past five years. Industry revenue is forecast to expand by an annualised 1.7% in the five years through 2013-14, to reach $12.8 billion. Favourable weather and planting conditions are projected to support production output, as revenue is forecast to rise by 5.1% in 2013-14.

The industry tends to follow a cyclical pattern, whereby sudden declines in production cause prices to spike... purchase to read more

Industry Report - Starting a New Business Chapter

The industry maintains low barriers to entry. Generally, all inputs are readily available, producers can usually shift between broadacre agricultural activities with ease, and there are often a number of farms for sale. Nonetheless, two possible barriers include capital investment requirements, and problems securing finance for such investment.

The establishment of grain growing operations requires considerable investment. New participants need to purchase vast amounts of farmland, grain silos and machinery such as harvesters and tractors. For existing primary producers, establishment costs are significantly lower. Farmers can simply alter their product mix in response to changing market conditions... purchase to read more


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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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