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Organic Crop Farming in Australia Industry Market Research Report Now Available from IBISWorld
Date:7/11/2014

Melbourne, Australia (PRWEB) July 11, 2014

Organic Crop Farming in Australia has benefited from organic food being launched into the limelight over the past decade. According to IBISWorld industry analyst Brooke Tonkin, “Although it was once considered to be an alternative food eaten only by minority groups, a growing number of consumers are now purchasing organic food.” Organic crop farmers have reaped the benefits of growing demand for organic fruits, vegetables, grains, nuts and herbs over the past five years. Industry revenue is expected to post annualised growth of 11.0% over the five years through 2014-15, to reach $264.9 million. This includes forecast growth of 6.0% for 2014-15. Strong consumer demand for organic produce has driven the industry's growth over the past five years. Organic fruits and vegetables are often perceived to be healthier than their conventionally farmed counterparts due to the absence of chemicals and genetically modified organisms in their production. This perception has fuelled demand for organic crops over the past five years.

Farmers have benefited from direct consumer demand for fruits and vegetables and indirect demand, through processors, for organic grains for use in breads and cereals. To a lesser extent, concerns about the negative environmental effects of conventional farming have also driven the industry's growth. Operators have been drawn towards the industry by the price premiums and higher profit margins that organic produce attracts. It takes three years for a potential entrant to become certified organic, meaning there is a substantial lag betwee
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