Hydroponic Crop Farming in Australia - Market Research Report

Hydroponic Crop Farming industry trends (2014-2019)

poll Average industry growth 2014–2019: 1.6%

The Hydroponic Crop Farming industry has performed well over the past five years. Hydroponic farmers grow crops in controlled conditions with reduced water requirements, which has allowed these crops to better withstand the unfavourable weather that has affected the agriculture sector over the past five years. In particular, fluctuating rainfall over the period has negatively affected crop supplies of outdoor, soil-based farmers, limiting competition in retail markets in some years. This trend has increased demand for hydroponic produce, boosting industry revenue. Revenue is expected to grow at an annualised 5.8% over the five years through 2018-19, to $432.1 million. This includes an anticipated rise of 4.3% over 2018-19. Increased capital investme...
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Hydroponic Crop Farming industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Hydroponic Crop Farming industry is projected to continue expanding over the next five years. Industry demand is forecast to increase, while more efficient production methods should boost output. Industry revenue is anticipated to increase at an annualised X.X% over the five years through XXX-XX, to $XX.X million. The influence of retail heavyweights Coles and Woolworths is anticipated to strengthen as supermarkets and grocery stores become the key sales channel for fresh fruit and vegetables. Higher demand from the retail market will benefit larger players with economies of scale and those that can satisfy supply quotas at more favourable pricepoints. Consumer trends Ongoing concerns about the negative effects of a poor diet are likely to cont...
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Hydroponic Crop Farming industry statistics

  • business Number of Businesses: 595
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 2,735

Biggest companies in the Hydroponic Crop Farming industry

The companies holding the largest market share in the Hydroponic Crop Farming in Australia industry include Sundrop Farms Pty Ltd and Flavorite Hydroponic Tomatoes Pty Limited.

  • pie_chart Sundrop Farms Pty Ltd Market Share: x.x%
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  • pie_chart Flavorite Hydroponic Tomatoes Pty Limited Market Share: x.x%
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What is Hydroponic Crop Farming industry?

Industry Definition

Industry operators primarily grow crops hydroponically, under protective cover or outdoors. Hydroponics is a method of growing plants without soil, using mineral nutrient solutions in water or another medium.

Industry Products and Services

  • Leaved greens
  • Flowers
  • Tomatoes
  • Herbs
  • Other fruits and vegetables

Industry Activities

  • Lettuce growing
  • Flower growing
  • Tomato growing
  • Cucumber growing
  • Strawberry growing

Market research report - table of contents

Industry Definition

Industry operators primarily grow crops hydroponically, under protective cover or outdoors. Hydroponics is a method of growing plants without soil, using mineral nutrient solutions in water or another medium.

Main Activities

  • Lettuce growing
  • Flower growing
  • Tomato growing
  • Cucumber growing
  • Strawberry growing

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Apparent fruit and vegetable consumption represents per capita consumption of fruit and vegetables. Demand for industry output generally increases as cons...
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Apparent fruit and vegetable consumption
Demand from supermarkets and grocery stores
Domestic price of vegetables
Health consciousness

Current Performance

Consumption
Supermarket supply
Limitations
 Chart: Revenue Growth

Industry Outlook

Downstream markets
Profitability and structure
 Table: Hydroponic Crop Farming in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Hydroponic Crop Farming in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Fruit and Vegetable Processing in Australia
Fruit and Vegetable Wholesaling in Australia
Supermarkets and Grocery Stores in Australia




Key Selling Industries

Agricultural Machinery Manufacturing in Australia
Water Supply in Australia
Livestock and Other Agricultural Supplies Wholesaling in Australia




Products & Services

Hydroponic crop farmers grow their crops through closed or open systems. Closed systems recirculate the water used. These types of systems include nutrien...
Retailers
Fresh markets
Food-service providers
Food processors


Demand Determinants

The main factors that determine demand for hydroponically farmed crops include price, quality, health consciousness and environmental concerns. Price and...
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Major Markets

Retailers
Fresh markets
Food-service providers
Food processors



 Chart: Major Market Segmentation for the Hydroponic Crop Farming in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Hydroponic Crop Farming industry displays moderate market share concentration. The industry hosts two large players, Sundrop Farms and Flavorite. Both...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Hydroponic Crop Farming in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Hydroponic Crop Farming in Australia - Market Research Report Industry

Industry Globalization

Sundrop Farms Pty Ltd is a foreign-owned private company that operates near Port Augusta, SA. The company has expanded rapidly since commencing operations...
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Sundrop Farms

 Table: Sundrop Farms - financial performance

Flavorite Hydroponic Tomatoes

 Table: Flavorite Hydroponic Tomatoes - financial performance

Capital Intensity

The Hydroponic Crop Farming industry is moderately capital-intensive. This is due to the use of sophisticated plant monitoring, temperature control, irrig...
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 Chart: Level of Capital Intensity for the Hydroponic Crop Farming in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Hydroponic Crop Farming in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

IMPUTED WAGE

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

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This report on Hydroponic Crop Farming in Australia:

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  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
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The Hydroponic Crop Farming in Australia 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
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