Belly up: Industry revenue is set to fall in the current year as prices collapse

Operators in the Pig Farming industry have benefited from an increase in pig meat consumption over the past five years. Marketing campaigns by the industry's main representative body, Australian Pork Limited (APL), 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. Additionally, rising consumption has caused the domestic price of pig meat to increase over the period, providing a boost to industry revenue. As a result, industry revenue is expected to grow at an annualised 2.5% over the five years through 2017-18, to reach $1.1 more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23

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
  • Pig meat consumption is likely to continue growing over the next five years
  • Industry Report - Industry Products Chapter

    Three main breeds of pigs are produced in Australia: the Large White, the Duroc and the Landrace. Large White Pigs are above average in size and fair skinned. They tend to produce large litters, making them ideal for breeding and herd building. Duroc pigs are characterised by the solid colour of their hides, while Landrace pigs have a long body and produce large litters. Commercially raised pigs are primarily classified as porkers and baconers. Porkers are used to make fresh pork, while baconers are processed into bacon, ham and smallgoods. Industry operators also produce other classifications of commercially raised pigs, such as suckling pigs, which are often cooked whole. However, commercial production of other pigs is not significant and is expected to account for under 3.0% o...purchase to read more.

    Additional Insights for the Pig Farming Industry

    IBISWorld has determined the most important Key Success Factors for the Pig Farming 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..

    shopping_cartPURCHASE OPTIONS

    Look under the hood?

    Download a FREE sample report

    Top 500 Companies List
    has been released

    Click here for more

    What's in this report

    Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    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
  • Profitability
  • International influences
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Pig production
  • International influences
  • Export opportunities
  • Table: Pig Farming Industry Revenue Outlook

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

  • 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
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Pig Farming

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

  • Industry Globalization
    Rivalea Limited, Craig Mostyn & Co Pty Ltd, Food Investments Pty Limited,
  • Table: Rivalea Limited - financial performance
  • Table: Craig Mostyn & Co Pty Ltd - financial performance
  • Table: Food Investments Pty Limited - financial performance

  • 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
    Table: Industry Data for the Pig Farming Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • 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.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Pig Farming market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    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.

    Contact Us

    Want to speak to a representative? Call us.