Food
Cereal Grain Wholesaling in Australia - Industry Market Research Report
Cereal Grain Wholesaling in Australia - Industry Market Research Report
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Cereal Grain Wholesaling in Australia
Grain is one of Australia's most valuable agricultural products. Operators in the Cereal Grain Wholesaling industry play a major role in distributing grain from farmers to domestic and international end markets. Revenue is expected to increase at an annualised 6.8% over the five years through 2023-24 to an estimated $31.6 billion. This trend includes an expected decline of 27.9%% in 2023-24 as rainfall is likely to plummet. In response to volatile production volumes, profitability is expected to fluctuate over the five years through 2023-24. However, improved downstream demand and record-high prices have allowed many wholesaling services to grow their profit margins in 2023-24, boosting profitability over the past five years.
Operators primarily wholesale wheat or other cereal grains. The industry also includes firms that wholesale rice and legumes.
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.