Navigation Links
Under Cover Vegetable Growing in Australia Industry Market Research Report Now Updated by IBISWorld
Date:12/5/2013

Melbourne, Australia (PRWEB) December 06, 2013

Under-cover vegetables are cultivated in controlled environments and are therefore less reliant on weather conditions and seasonal changes than field-grown vegetables. The controlled growing environment, as in the case of greenhouses, generates greater yield output and faster growth, which has contributed to the growth of the industry over the past five years. The use of closed systems provides water efficiencies and energy savings, which has also benefited the industry in light of water shortages and restrictions over the past five years. The Under Cover Vegetable Growing industry is forecast to expand by an annualised 3.8% in the five years through 2013-14. IBISWorld industry analyst Nick Flores states “protected growing enables growers to produce a constant stream of supply while using less inputs and reducing the environmental footprint, which has helped boost industry performance.” Industry revenue is forecast to increase by 5.1% in 2013-14 to reach $987.8 million.

According to Flores, “the dominance of supermarket giants Coles and Woolworths has favoured the larger industry players that are able to provide a constant stream of supply, and exhibit a sufficient level of scale.” Production volumes generally dictate profitability, which favours larger, more integrated and technically advanced growers. Small firms have benefited from grower-run cooperatives that aid in meeting demand quotas for large orders. Benefits have also come from using alternative distribution channels, such as fresh food markets, and by providing produce directly to food service providers. The industry has several non-employing, owner-operated enterprises, and exhibits a moderate level of consolidation as smaller firms operating at a loss gradually exit the industry.

The Under Cover Vegetable Growing industry has a low level of market share concentration. Costa dominates mushroom production in Australia, while the Moraitis Group has a major stake in under-cover tomato production. These two companies are highly integrated with their own packing, logistics, storage and wholesale operations. They produce large volumes of produce, which also helps them attain the appropriate economies of scale to remain profitable. Despite this, the industry has a multitude of small owner-operated or family-run businesses that occupy less than 50 hectares and earn less than $50,000 per annum. A decline in enterprise numbers over the past five years highlights the dominance of the larger players, and points to the need to increase production as a key success factor for growers. Costa Group Holdings is the only major player in the industry. For more information, visit IBISWorld’s Under Cover Vegetable Growing report in Australia industry page.

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

IBISWorld industry Report Key Topics

Farmers in this industry grow vegetables under the cover of greenhouses, cold frames, cloth houses and lath houses.

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/2013/12/prweb11395130.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. UT MD Anderson study finds cancer related pain often undertreated
2. Wilderness Medicine founder offers health tips for summer season
3. Rheumatic heart disease is significantly under-treated in Africa and India
4. Brain surgery for epilepsy underutilized
5. Shingles Vaccine Safe, Underutilized, Study Says
6. On-the-job deaths steady in Michigan; Number of burn injuries underreported
7. Seniors Undertreated for Asthma, and Many Skip Inhalers: Study
8. Researchers gain better understanding of mechanism behind tau spreading in the brain
9. Understanding and promoting mental health - Insights from psychological science
10. National initiative launched to change the way biology departments approach undergraduate education
11. Safer kidney cancer surgery under-used for poorer, sicker Medicare, Medicaid patients
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... October 13, 2017 , ... Dickinson Insurance and ... and financial preparation services, is providing an update on a charitable event that ... City Rescue is a locally recognized nonprofit that provides shelter and care for ...
(Date:10/13/2017)... Las Vegas, Nevada (PRWEB) , ... October 13, 2017 , ... ... of 7® Hemp CBD Oil utilizing Purzorb™ technology. Applying the Purzorb™process to full spectrum ... CBD dose required and providing a CBD form that can be easily incorporated into ...
(Date:10/13/2017)... RIDGE, N.J. (PRWEB) , ... October 13, 2017 , ... ... annual Holly Day Market. Featuring a collection of specialty vendors and unique items from ... of personalized and quality-focused health and wellness services offered by the VNA. The ...
(Date:10/13/2017)... Fairfax, VA (PRWEB) , ... October 13, 2017 ... ... provider of DevOps and Agile Software Development, has been awarded a contract by ... (EATS) Blanket Purchase Agreement (BPA) aims to accelerate the enterprise use of Agile ...
(Date:10/12/2017)... ... ... Planet Fitness, one of the largest and fastest growing franchisors and operators ... location in Covington, LA at 401 N. U.S. Highway 190, in January of 2018. ... in the Holiday Square shopping center. Its location allows it to serve both Covington ...
Breaking Medicine News(10 mins):
(Date:9/27/2017)... , Sept. 27, 2017  Commended for their devotion ... notable awards. Ranked as number one in the South Florida ... time in Inc. 5000 yearly list, the national specialty pharmacy ... Armando Bardisa will soon be honored by SFBJ ... Set to receive his award in ...
(Date:9/25/2017)...   Montrium , an industry leader in ... IQPC Trial Master Files & Inspection Readiness Conference ... Clinical Services has selected eTMF Connect ... EastHORN, a leading European contract research organization (CRO), ... to enable greater collaboration with sponsors, improve compliance ...
(Date:9/23/2017)... , Sept. 22, 2017 Janssen Biotech, Inc. ... response letter from the U.S. Food and Drug Administration ... of sirukumab for the treatment of moderately to severely ... additional clinical data are needed to further evaluate the ... severely active RA. ...
Breaking Medicine Technology: