Navigation Links
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 between planning to enter the industry and actually becoming a participant. Growth prospects for the industry remain strong. “Consumer demand for organic produce is anticipated to strengthen, on the back of rising health consciousness and growth in disposable incomes,” says Tonkin. Furthermore, strong overseas demand for organic beef is expected to bode well for organic crop farmers, through demand for organic feedstock produced from grains.

The Organic Crop Farming industry is characterised as having a low level of market share concentration, which is partly influenced by the largely labour-intensive nature of organic farming. This creates an absence of sizeable economies of scale in organic crop production, which discourages larger players from entering the industry. Consequently, there are no major players in the industry. Low industry concentration is the prevailing trend across the broader agriculture sector, given the prevalence of family-owned enterprises. Industry operators tend to specialise in the production of several organic products, to obtain some level of economies of scale. The increasing importance of large supermarket chains as final markets may contribute to increased concentration in the industry over the next five years. This is because supermarkets demand consistent supply levels, which are usually achieved through expansion and vertical integration.

For more information, visit IBISWorld’s Organic Crop Farming report in Australia industry page.

Follow IBISWorld on Twitter: http://twitter.com/#!/ibisworldau.

IBISWorld Industry Report Key Topics

Farmers in this industry grow organic crops such as fruits, vegetables, grains, fibres, nuts and oilseeds. Crops must be grown without manufactured fertilisers, pesticides, growth regulators or any other plant modifications.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
International Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalisation
Major Companies
Operating Conditions
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognised as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every Australian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Melbourne, IBISWorld serves a range of business, professional service and government organisations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com.au or call (03) 9655 3886.

Read the full story at http://www.prweb.com/releases/2014/07/prweb12008534.htm.


'/>"/>
Source: PRWeb
Copyright©2014 Vocus, Inc.
All rights reserved

Related medicine news :

1. A breakthrough for organic reactions in water
2. Forces of Nature’s Skin Tags Control is World’s Only Organic Skin Tags Removal Treatment
3. All-Organic, Odor-Eliminating Products Arrive in the Medical Marijuana Market, Helps Chemotherapy Patients Remain Free of Unwanted Smoke Odor
4. Tava Tea: An Organic Weight Loss Green Tea Now Offers Massive Discount on All Orders As New Year Special
5. Age Spots Beauty Balm from Forces of Nature Offers Safe, Organic Option for Age Spot Removal
6. Engage Organics Salt-Free Seasoning Blends Wins Raves from Wine Country Devotees Who Are Delighted to See the Return of Their Favorite Seasoning Blends
7. Dual catalysts help synthesize alpha-olefins into new organic compounds
8. Earth Source Organics Announces Plan to Launch New E-commerce Site
9. Lavender Mint Soap - New From Osmia Organics
10. New Website Launched with Organic and Environmental Products
11. Sinclair Institute® First to Market with USDA Certified Organic Toy Sanitizer
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/21/2017)... ... January 21, 2017 , ... ... Dianne Travis-Teague, the electrifying line-up of events for its annual meeting “Coming Home ... and community. “Coming Home 2017” will be held on Friday January 27 ...
(Date:1/20/2017)... (PRWEB) , ... January 20, 2017 , ... Spectrum Aquatics Launches New ADA Portable Motion ... deck space. Since the lift is mounted on wheels, it can be wheeled out of ... down kit, to fasten to the deck. "We have transformed the feedback from customers into ...
(Date:1/20/2017)... ... January 20, 2017 , ... Bionic Sports Nutrition LLC, an American ... announced it had a successful January ECRM Trade Show in Hilton Head, SC. ... which allows it to provide its products to all clients at reasonable prices. At ...
(Date:1/20/2017)... (PRWEB) , ... January 20, 2017 , ... "TransFlare 4K ... use inside of Final Cut Pro X," said Christina Austin - CEO of Pixel ... RED Dragon. Utilizing the Dragon Sensor,TransFlare 4K Mystique lens flare and light leak transitions ...
(Date:1/20/2017)... ... , ... “I Forgive You”: a fine examination of how God handles sin, including how ... published author, Stephen Miller, who, for over ten long years has been waiting to release ... Trinidad and Tobago, he has been serving the Lord for over twenty years, and he ...
Breaking Medicine News(10 mins):
(Date:1/20/2017)... DUBLIN , Jan 20, 2017 ... "Global Hearing Aids Market (by Devices, Implant Types, OTC Amplifiers, ... report to their offering. ... Global Hearing Aids Market Sales Volume, ... of the fast-evolving, high-growth hearing aid industry. The ...
(Date:1/20/2017)... Stock-Callers.com today evaluates the following Drug Manufacturers equities: ... A/S (NYSE: NVO ), Sucampo Pharmaceuticals Inc. (NASDAQ: ... PTX ). These stocks belong to the Healthcare ... finishing near its session lows. As per a NASDAQ report, ... of health care companies in the S&P 500 also were ...
(Date:1/20/2017)... 2017  Palladian Health, a leading provider of ... of an opioid management program which assists physicians ... helps stem the growing tide of dependence on ... chronic non-cancer pain (back pain, neck pain, and ... of evidence regarding long-term effectiveness. The ...
Breaking Medicine Technology: