Rolling in dough: Rising global demand for flour products is boosting industry export earnings

The Flour and Grain Mill Product Manufacturing industry has benefited from developing export market opportunities and greater domestic demand for artisan and premium grain products over the past five years. Industry operators have taken advantage of increasing economic prosperity in Asian countries, such as Vietnam, along with rising demand for high-quality Australian products in countries like the United Arab Emirates. The falling value of the Australian dollar has boosted the industry's competitiveness in export markets. In particular, a lower Australian dollar has helped drive growth in the value of exports to the United more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22

Industry Threats & Opportunities

  • Industry growth has stemmed from export markets and greater demand for premium grain products
  • The industry has become increasingly globalised over the period as export volumes have grown
  • Growing demand for premium products, such as gluten-free flour, should boost profit margins
  • Industry Report - Industry Investment Chapter

    The Flour and Grain Mill Product Manufacturing industry is highly capital-intensive. For every dollar invested in capital, an estimated $1.60 is paid as wages. Manufacturing industries are typically capital-intensive due to highly automated nature of most production processes. Machinery and industrial equipment are used to mill grains, as it would be highly inefficient to use manual labour for this task. Consequently, industry labour requirements are largely restricted to monitoring equipment and machinery while it is in operation.The introduction of new technology and the adoption of greater automation inevitably reduces the role of labour in the production process. Con...purchase to read more.

    Additional Insights for the Flour and Grain Mill Product Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Flour and Grain Mill Product Manufacturing Industry are

  • Supply contracts in place for key inputs
  • Economies of scale
  • Establishment of export markets
  • IBISWorld analysts also discuss how external factors such as Trade-weighted index and Demand from supermarkets and grocery stores in the Flour and Grain Mill Product Manufacturing industry impact industry performance..

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    What's in this report

    What is the Flour and Grain Mill Product Manufacturing Industry?

    Industry manufacturers mill flour or meal intended for human consumption from grains, vegetables or plants. Processes include blending and cleaning grains, applying heat, and using a succession of rollers to produce a range of flour grades. The industry also manufactures rice, rice flour, rice starch, sago, tapioca and baking powder.

    Industry Products
  • Rice
  • Flour
  • Other flour mill products
  • Starch and gluten
  • Malt
  • Industry Activities
  • Arrowroot and cornflour
  • Barley meal or flour
  • Gluten
  • Dextrin, dextrose and glucose
  • Rice
  • Malt
  • Rye flour or meal
  • Semolina
  • Starch and starch sugar
  • Wheat flour, germ, meal and bran
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Trade-weighted index
  • Demand from supermarkets and grocery stores
  • Demand from food product manufacturing
  • Demand from general line grocery wholesaling
  • Domestic price of wheat

  • Current Performance
  • Revenue and profitability
  • International trade
  • Changing consumer tastes
  • Wheat prices
  • Chart: Revenue Growth

  • Industry Outlook
  • Revenue and profitability
  • Domestic consumer trends
  • Industry structure
  • Table: Flour and Grain Mill Product Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Flour and Grain Mill Product Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Cereal, Pasta and Baking Mix Manufacturing
  • Bread Production
  • Cake and Pastry Manufacturing
  • General Line Grocery Wholesaling
  • Supermarkets and Grocery Stores
  • Restaurants

  • Key Selling Industries
  • Cereal Grain Wholesaling
  • Grain Growing

  • Products & Services
  • Flour
  • Rice
  • Other flour mill products
  • Starch and gluten
  • Malt
  • Chart: Flour and Grain Mill Product Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Export markets
  • Wholesalers and retailers
  • Food processors
  • Other markets
  • Chart: Major Market Segmentation for the Flour and Grain Mill Product Manufacturing 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 Flour and Grain Mill Product Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Flour and Grain Mill Product Manufacturing Industry

  • Industry Globalization
    Manildra Milling Pty Ltd, Food Investments Pty Limited, Ricegrowers Limited, GrainCorp Limited,
  • Table: Manildra Milling Pty Ltd - financial performance
  • Table: Food Investments Pty Limited - financial performance
  • Table: Ricegrowers Limited - financial performance
  • Table: GrainCorp Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Flour and Grain Mill Product Manufacturing 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 Flour and Grain Mill Product Manufacturing Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • A form of starch derived from plants, typically used as a thickener in food production.
  • Flour
  • A fine powder produced by grinding and sifting the meat of grains, chiefly used in baking foods.
  • Gluten
  • A mix of plant proteins derived from cereal grains like wheat, mainly used as a substitute for flour in food production.
  • Starch
  • A natural nutrient carbohydrate derived from a variety of plants (such as corn, potatoes, rice and wheat), normally prepared as a powder for use in food production.
  • Starch Sugar
  • Type of sugar produced from large quantities of starch. Sugar can be produced from starch using acid or enzymes.
  • What Our Customers Say

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    IBISWorld’s Flour and Grain Mill Product Manufacturing 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.

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    This report on Flour and Grain Mill Product Manufacturing:
    • 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 Flour and Grain Mill Product Manufacturing 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

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