Pig Farming in Australia - Industry Market Research Report
Description
Pig Farming in Australia
Pig farmers have faced considerable challenges over the past few years. Pig meat consumption has slumped, although it has remained above long-term averages. The industry's main representative body, Australian Pork Limited's marketing campaigns have supported pork consumption by promoting fresh pork's health benefits. Additionally, global demand trends and improved weather conditions have caused the domestic price of pig meat to fluctuate significantly. The pig meat price surged over the two years through 2019-20 following an outbreak of African swine fever in China, which caused China to lose half its national herd. Supply has recovered since but pig meat prices still remain high. Overall, industry revenue has increased at an annualised 2.0% over the past five years and is expected to total $1.6 billion in 2023-24, when revenue will sink by an estimated 0.9%.
Industry operators primarily farm pigs that will be processed into pig meat.
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.
Pig farmers have faced considerable challenges over the past few years. Pig meat consumption has slumped, although it has remained above long-term averages. The industry's main representative body, Australian Pork Limited's marketing campaigns have supported pork consumption by promoting fresh pork's health benefits. Additionally, global demand trends and improved weather conditions have caused the domestic price of pig meat to fluctuate significantly. The pig meat price surged over the two years through 2019-20 following an outbreak of African swine fever in China, which caused China to lose half its national herd. Supply has recovered since but pig meat prices still remain high. Overall, industry revenue has increased at an annualised 2.0% over the past five years and is expected to total $1.6 billion in 2023-24, when revenue will sink by an estimated 0.9%.
Industry operators primarily farm pigs that will be processed into pig meat.
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
38 Pages
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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