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 Investment Chapter
The Organic Farming industry is highly capital intensive. For every dollar that the average enterprise spends on labour, an estimated $0.39 is spent on capital investment. The industry has become more capital intensive over the past five years, as the average size of farms has increased and operators have invested more heavily in productive technology to improve operating efficiency. Despite public perceptions, organic farms tend use a similar level of capital in their operations to conventional farms.
However, the industry's reliance on labour is also high. On the whole, organic farms are more labour intensive than conventional farms. On organic farms, labour is required for a range of farm management tasks, including weeding and managing livestock... purchase to read more