Piggy bank: Increased over-the-hooks prices lead to strong industry revenue growth

IBISWorld’s Pig Farming market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.


Industry Threats & Opportunities

  • Rising demand for pig meat has encouraged greater industry production over the past five years
  • Australia's trade in live pigs is limited to trading for breeding purposes
  • A slowdown in the rise of the domestic pig meat prices will likely limit industry growth

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    Industry Analysis & Industry Trends

    The Pig Farming industry has grown strongly over the past five years, with industry operators benefiting from increasing pig meat consumption over the period. Marketing campaigns by the industry's main representative body, Australian Pork Limited, have supported increased consumption through promoting the health benefits of fresh pork. Rising demand for pig meat has encouraged increased industry production over the past five years. In addition, the domestic price of pig meat has grown strongly over the period, with pig farmers increasing prices to cover rising feed costs and to take advantage of strong demand for fresh pork. Industry revenue has been significantly boosted by rising over-the-hooks prices over the past five years, particularly in 2015-16...

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    Industry Report - Starting a New Business Chapter

    The Pig Farming industry has moderate barriers to entry, although these have increased over the past five years. Potential industry players can be discouraged by the regulations relating to pig farming. Entry into the industry requires the granting of various permits that authorise the construction of a piggery. Pig producers also need to comply with laws set out by non-industry-specific regulatory bodies. These include environmental laws relating to the discharge of effluent and food safety regulations.

    The costs of establishing an intensive pig farming operation can also discourage some new entrants. Firms need to raise funds for the construction of specialist pig housing and other industry-specific equipment. Oft..

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    Additional Insights for the Pig Farming Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Pig Farming Industry are

  • Downstream ownership links
  • Use of specialist equipment or facilities
  • Proximity to key suppliers
  • IBISWorld analysts also discuss how external factors such as Domestic price of pig meat and Pig meat consumption in the Pig Farming industry impact industry performance..

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    Industry Products

    What is the Pig Farming Industry?

    Industry operators primarily farm pigs to be processed into pig meat.

    Industry Products
    Industry Activities
    Pig farming
    Pig raising

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Domestic price of pig meat
  • Pig meat consumption
  • Demand from cured meat and smallgoods manufacturing
  • Demand from meat processing
  • Domestic price of poultry

  • Current Performance
  • Pig production
  • International influences
  • Rising costs
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Pig production
  • International influences
  • Rising costs
  • Table: Pig Farming Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Pig Farming Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Meat Processing
  • Cured Meat and Smallgoods Manufacturing
  • Livestock and Other Agricultural Supplies Wholesaling

  • Key Selling Industries
  • Grain Growing
  • Livestock and Other Agricultural Supplies Wholesaling
  • Prepared Animal and Bird Feed Manufacturing
  • Shearing, Cropping and Agricultural Support Services
  • Veterinary Services

  • Products & Services
  • Porkers
  • Baconers
  • Other
  • Chart: Pig Farming Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Retailers
  • Wholesalers
  • Food-service establishments
  • Food manufacturers
  • Chart: Major Market Segmentation for the Pig Farming Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Pig Farming

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Pig Farming Industry

  • Industry Globalization
    Major Companies
    Hamsdale Australia Pty LtdCraig Mostyn & Co Pty LtdFood Investments Pty Limited
  • Table: Hamsdale Australia Pty Ltd - financial performance
  • Table: Craig Mostyn & Co Pty Ltd - financial performance
  • Table: Food Investments Pty Limited - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Pig Farming Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Pig Farming Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
  • Pigs commercially raised to produce bacon, ham and smallgoods.
  • Over-The-Hooks
  • The price an abattoir pays to the farmer for pigs, usually expressed in cents per kilogram.
  • Piglets
  • Newborn pigs.
  • Porkers
  • Pigs commercially raised to produce pork.
  • Smallgoods
  • Manufactured meats such as frankfurters, saveloys, Strasburg and salami.
  • Sow
  • A female pig that has had a litter of piglets.
  • Suckling Pig
  • A pig slaughtered between the ages of two and six weeks.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Pig Farming:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Pig Farming market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Pig Farming, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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