Dairy Cattle Farming in New Zealand - Industry Market Research Report
Description
Dairy Cattle Farming in New Zealand
Operators in the Dairy Cattle Farming industry have experienced largely favourable trading conditions over the past five years. Improving global supply and demand conditions allowed for a strong recovery in the milk prices that dairy processors offer to farmers. Dairy cattle numbers have declined over the period as industry operators have had to contend with drought conditions. However, efficiency improvements have allowed for greater milk yields per cow. As a result, milk production has increased over the past five years. Supply constraints in New Zealand and worldwide due to the COVID-19 pandemic have boosted dairy product prices and therefore farmgate milk prices. Overall, industry revenue is expected to rise at an annualised 3.8% over the five years through 2022-23, to $18.5 billion. However, output is anticipated to be constrained in the current year due to falling dairy cattle numbers. Revenue is expected to grow 0.9% in 2022-23.
Industry operators primarily farm dairy cattle. The industry excludes operators that primarily undertake cattle agistment services.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Operators in the Dairy Cattle Farming industry have experienced largely favourable trading conditions over the past five years. Improving global supply and demand conditions allowed for a strong recovery in the milk prices that dairy processors offer to farmers. Dairy cattle numbers have declined over the period as industry operators have had to contend with drought conditions. However, efficiency improvements have allowed for greater milk yields per cow. As a result, milk production has increased over the past five years. Supply constraints in New Zealand and worldwide due to the COVID-19 pandemic have boosted dairy product prices and therefore farmgate milk prices. Overall, industry revenue is expected to rise at an annualised 3.8% over the five years through 2022-23, to $18.5 billion. However, output is anticipated to be constrained in the current year due to falling dairy cattle numbers. Revenue is expected to grow 0.9% in 2022-23.
Industry operators primarily farm dairy cattle. The industry excludes operators that primarily undertake cattle agistment services.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
39 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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