Industry Analysis & Industry Trends
Organic farming is blossoming and has been one of the economy's best performing industries over the past five years. Global demand for organic products is rising with increasing health consciousness, growing concern for the environment, income growth and the increased convenience of organic food. Over the five years through 2013-14, industry revenue is expected to grow by an annualised 12.1%. Revenue is forecast to reach $557.0 million in 2013-14, up 11.2% from the previous year. The industry provides a wide variety of products, with the key performers being beef, fruit, vegetables and poultry... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Organic farming is a relatively young industry with many years of strong growth ahead of it. It is expected to command an increasing share of the agriculture sector in Australia, although it is currently growing from a small base. Industry revenue and profit are both expected to continue to expand over the next five years.
The industry is highly fragmented, with a large number of small organic farming operations. Revenue is growing at a faster pace than establishments, suggesting the beginning of consolidation within the industry. Moreover, industry value added (IVA), a measure of an industry's contribution to the overall economy, is growing at a rapid rate... purchase to read more