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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 | Mar 2016

Growing strong: Revenue is forecast to rise due to increased grain production

IBISWorld’s Grain Growing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$14bn
Annual Growth 11-16
2.3%
Annual Growth 16-21
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Profit
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Employment
30,656
Businesses
11,922
Industry Analysis & Industry Trends

The Grain Growing industry is 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 adverse weather conditions that have affected local supply. Fluctuations in global grain prices and crop supplies over the past five years have added to this revenue volatility. Industry revenue is forecast to expand by an annualised 2.3% over the five years through 2015-16, to reach $13.8 billion. However, this figure is skewed slightly by the surge in revenue in 2010-11. Average profitability has fallen over the past five years, due to strong profit margins recorded in 2010-11. Revenue is forecast to rise 0.7%... purchase to read more

Industry Report - Industry Products Chapter

The industry's products are divided into four types of grains: wheat, coarse grains, oilseeds and legumes. Many farms produce several of these grains, as some are winter crops while others are planted in summer. Each segment's size represents its contribution to industry revenue.

Wheat

Wheat is Australia's primary crop and accounts for more than half of the country's annual grain production. Wheat has a broad range of uses and is a key ingredient for making bread, pasta, noodles and other staple food items. Wheat prices are extremely volatile and depend on global supply, demand and weather patterns. For example, wheat prices soared in 2010-11 as production fell across major wheat-producing regions and global demand outstripped supply... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Grain Growing Industry?

The 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. The 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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