Industry Analysis & Industry Trends
The Organic Farming industry provides a variety of products including beef, fruit, vegetables and poultry. These products are free from artificial chemicals, pesticides and fertilisers, or genetically modified organisms. Organic farming has been one of the economy’s best performing industries over the past five years. Global demand for organic produce is rising due to increasing health concerns about food. Industry revenue is projected to grow at an annualised 17.4% over the five years through 2016-17. Revenue is forecast to reach $919.2 million in 2016-17, up 7.2% from the previous year.
Australia has the largest area of organic farmland in the world, covering more than 22.0 million hectares. Most of this land is large rangelands for organic cattle farming... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Organic farming is a relatively young industry with many years of strong growth ahead of it. Strong demand growth has assisted the industry’s expansion over the past five years, and this trend is likely to continue over the next five years. It is expected to command an increasing share of the agriculture sector in Australia, although it is currently growing from a small base. Industry revenue is expected to continue to expand over the next five years, and profit margins are likely to remain high.
Industry value added (IVA), a measure of an industry’s contribution to the overall economy, is growing at a rapid rate. Over the 10 years through 2021-22, IVA is forecast to grow at an annualised 8.5%... purchase to read more