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 ongoing high levels of health consciousness. Annualised 11.1% revenue growth is anticipated over the five years through 2014-15. Industry revenue is forecast to reach $613.3 million in 2014-15, up 9.2% from the previous year. The industry provides a variety of products, with the key performers being beef, fruit, vegetables and poultry.
Australia has the largest area of organic farmland in the world, at an estimated 11.0 million hectares. The majority of this land comprises large rangelands for organic cattle farming... purchase to read more
Industry Report - Industry Products Chapter
Organic farmers focus on one or many different organic products, depending on farm location and types of produce suitable to the local climate. Market trends can also influence farmers' choices towards more profitable crops or produce. Organic vegetables and fruit are the most established products provided by the industry. They have the highest demand as they are considered the most susceptible to chemical residues. In addition, they are often the entry point for organic producers due to their lower start-up costs, smaller land requirements and greater proximity to urban areas. According to Australian Organic (AO), 60.0% of organic consumers chose fruit and vegetables as their most regular organic purchase in 2011-12... purchase to read more