What is the Olive Growing industry?
IBISWorld anticipates that the Olive Growing industry is in the decline phase of its life cycle. The industry is typified by an overall decline in the number of enterprises operating in the industry. This is expected to be due to a number of boutique growers leaving the highly volatile industry over the five years through 2016-17. Additionally, there is no real innovation within the Olive Growing industry beyond the development of more sophisticated pesticides aimed at targeting different pest types. The industry's Industry Value Added (IVA), a measure of the industry's overall contribution to the overall economy, is forecast to decline at an annualised 3.4%, compared with growth in GDP at an annualised 2.6%... purchase to read more