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Dairy Cattle Farming in AustraliaPublished by: IBISWorld Published: Nov. 14, 2005 - 28 Pages Table of ContentsIndustry Definition, Key Statistics, Market Characteristics, Segmentation, Industry Conditions, Performance, Key Competitors, Key Factors, Outlook, News AbstractThis class consists of units mainly engaged in farming dairy cattle and milk production. This industry is made up of a large number of relatively small dairy farms, the majority of which are family-owned and operated. There are dairy farms in all Australian states, however dairy farming is concentrated along the east coast and southern states, due to favourable climatic conditions. The raw milk is then sold to dairy manufacturing industries such as ANZSIC C2121 - Milk and Cream Processing, ANZSIC C2122 - Ice Cream Manufacturing and ANZSIC C2129 - Dairy Product Manufacturing nec.The Industry A0130 - Dairy Cattle Farming in Australia ranks 184 out of 496 by industry turnover and its life cycle is in a mature phase, which means that the industry is generally growing at at the same rate as the economy. Capital/labour intensity is medium and the uptake of new technology is medium. The industry's globalisation level is low and the trend is steady. The industry has a low level of exports, which means exports generate less than 5% of the industry's turnover. The industry has a low level of imports, which means imports generate less than 5% of the industry's domestic demand. The trend for exports is steady and for imports it's steady. The level of regulation is light and steady and government assistance is medium and steady. This industry is forecast to have a moderate average annualised growth rate over the next five years. A full analysis of each of the above conditions and more is available in every IBISWorld industry report! Get Full Details About This Report >> |
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