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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 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
$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 Analysis Chapter

The Grain Growing industry has been subject to significant volatility over the past five years. Adverse weather conditions have caused production levels and prices to fluctuate significantly. Industry revenue growth has largely moved in line with global grain prices, as the industry is highly export-oriented. 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 growth figure is slightly understated, due to a spike in global grain prices (particularly wheat) in 2010-11. The price spike supported an estimated 31.4% jump in revenue that year, creating a high base figure for the five-year period... 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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