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Grain Storage in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Grain Storage Market Research Report | ANZSIC I5301 | Jan 2015

Grain gains: Strong grain yields have boosted demand for industry services

IBISWorld’s Grain Storage market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 10-15
5.9%
Annual Growth 15-20
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Profit
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Employment
7,258
Businesses
128
Industry Analysis & Industry Trends

The Grain Storage industry has performed strongly over the past five years due to plentiful crop yields and two years of record rainfall. Massive harvests in 2010-11 and 2011-12 assisted industry performance, as demand for grain storage facilities increased significantly in these two years. Weather conditions have also fluctuated dramatically over the past five years. Initially, drought conditions changed to years of record rainfall, which resulted in both bumper harvests and damaged and destroyed grain crops in different areas. Weather conditions have since improved, resulting in more stable crop yields and steadier revenue growth.

Industry revenue is projected to rise at a compound annual rate of 5.9% over the five years through 2014-15... purchase to read more

Industry Report - Starting a New Business Chapter

High barriers to entry characterise the industry and this trend has remained steady over the past five years. The greatest barrier to overcome for any potential entrant is the ability to attract growers away from bulk handling companies. The relationships that exist between growers and grain storage providers tend to be extremely well established and long standing. GrainCorp is one major player indicative of this trend. Even if entrants can demonstrate that they have substantial backing from growers to provide alternative storage services, new firms may be unable to overcome the high initial capital costs associated with building these facilities... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Grain Storage Industry?

The industry consists of companies that primarily store cereal grains. Following crop harvest, grain handlers receive and sort grain according to its use and protein content. Grain is then dispatched as required, either for domestic consumption or export.

Industry Products
Wheat used for millingWheat used for feedBarley used for maltingBarley used for feedOats, triticale and sorghumOilseeds
 
Industry Activities
Grain storage servicesGrain silo operationGrain elevator operation


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