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Australia Agribusiness Market Size, Share, Trends, Analysis: By Product: Grains, Livestock, Oilseeds, Dairy, Others; By Applications: Agrichemicals, Machinery and Equipment, Breeding, Seed Businesses; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Australia Agribusiness Market Outlook
The Australia agribusiness market size is projected to grow at a CAGR of 2.68% between 2024 and 2032.
Key Takeaways:
- In December 2023, the Department of Agriculture, Fisheries, and Forestry noted that 55% of Australia's land was used for agriculture.
- In 2022, Australia exported agricultural, fish, and forestry goods valued at nearly AU$71 billion, as per the International Trade Administration.
- Mechanization within the agricultural sector has been steadily growing.
Agrichemicals play a significant role in the Australia agribusiness market growth by safeguarding crops against insects, weeds, and diseases, thus promoting healthier plants and minimizing crop losses caused by pests
Agrichemicals, such as fertilisers, pesticides, and herbicides, enhance crop yields and protect plants from pests and diseases. This improves food quality, provides cost efficiency, extends growing seasons, conserves resources like soil fertility, and importantly, bolsters food security by ensuring sufficient food supplies for a growing population.
Modern agricultural machinery increases farm efficiency by reducing labour and time for tasks such as planting and harvesting. This results in higher productivity and precision farming, utilizing GPS technology to optimize resources. Cost savings, timely operations, crop diversification, and improved management of large farms are additional advantages of these tools.
In December 2023, AgriBusiness Connect partnered with Ericsson to explore 5G applications in agriculture, focusing on supply, operations, production, and distribution. The aim was to boost productivity using Ericsson's 5G capabilities, with a target on agribusiness and related sectors, including assistance for processing, packaging, warehousing, and transportation.
Market Segmentation
Australia Agribusiness Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
- Grains
- Livestock
- Oilseeds
- Dairy
- Others
Market Breakup by Applications
- Agrichemicals
- Machinery and Equipment
- Breeding
- Seed Businesses
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The Australia agribusiness market key players are Australian Agricultural Company Limited, Cargill Australia Ltd., Grain Crop Limited, The North Australian Pastoral Company Pty Limited, Bega Cheese Limited, Saputo Dairy Australia Pty Ltd and Elders Limited among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product |
|
| Breakup by Applications |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Australia Agribusiness Market Overview
8.1 Key Industry Highlights
8.2 Australia Agribusiness Historical Market (2018-2023)
8.3 Australia Agribusiness Market Forecast (2024-2032)
9 Australia Agribusiness Market by Product
9.1 Grains
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Livestock
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Oilseeds
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Dairy
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Others
10 Australia Agribusiness Market by Applications
10.1 Agrichemicals
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Machinery and Equipment
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Breeding
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Seed Businesses
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
11 Australia Agribusiness Market by Region
11.1 New South Wales
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Victoria
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Queensland
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Australian Capital Territory
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Western Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Australian Agricultural Company Limited
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Cargill Australia Ltd.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Grain Crop Limited
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 The North Australian Pastoral Company Pty Limited
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Bega Cheese Limited
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Saputo Dairy Australia Pty Ltd
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Elders Limited
13.2.7.1 Company Overview
13.2.7.2 Product Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.8 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Australia Agribusiness Market: Key Industry Highlights, 2018 and 2032
2. Australia Agribusiness Historical Market: Breakup by Product (USD Million), 2018-2023
3. Australia Agribusiness Market Forecast: Breakup by Product (USD Million), 2024-2032
4. Australia Agribusiness Historical Market: Breakup by Application (USD Million), 2018-2023
5. Australia Agribusiness Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Australia Agribusiness Historical Market: Breakup by Region (USD Million), 2018-2023
7. Australia Agribusiness Market Forecast: Breakup by Region (USD Million), 2024-2032
8. Australia Agribusiness Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 2.68% between 2024 and 2032.
The market is categorised according to the product, which includes grains, livestock, oilseeds, dairy and others.
The key players are Australian Agricultural Company Limited, Cargill Australia Ltd., Grain Crop Limited, The North Australian Pastoral Company Pty Limited, Bega Cheese Limited, Saputo Dairy Australia Pty Ltd and Elders Limited among others.
Based on the application, the market is divided into agrichemicals, machinery and equipment, breeding, and seed businesses.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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