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 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 is expected to continue to expand over the next five years, and profit margins are likely to remain high.
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