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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 | Jun 2014

Good harvest: Increased global demand for grains will boost industry export rates

IBISWorld’s Grain Growing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$13bn
Annual Growth 09-14
1.7%
Annual Growth 14-19
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Profit
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Employment
24,869
Businesses
11,963
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 over the past five years, largely influenced by adverse weather conditions that have dictated 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% over the five years through 2013-14, to reach $12.8 billion. Favourable weather and planting conditions are projected to support production output in 2013-14, with revenue forecast to rise by 5.1%.

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

Industry Report - Industry SWOT Analysis Chapter

The industry is estimated to be in the mature stage of its life cycle. A clear indicator of this is industry value added (IVA), a measure of an industry's contribution to the overall economy. IVA is forecast to increase at an annualised 1.7% over the 10 years through 2018-19, compared with 2.6% 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... 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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