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Dairy Cattle Farming in Australia - Industry Market Research Report

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    Report

  • 32 Pages
  • August 2023
  • Region: Australia
  • IBISWorld
  • ID: 4061945

Condensed milk: Rising domestic milk prices have supported revenue growth despite falling production

Dairy cattle farmers have faced a range of challenges over the past five years. They have contended with volatile weather conditions over much of the period, which have constrained production volumes and led to higher farmgate milk prices. These conditions included drought over the much of the country at the start of the period. Furthermore, southern Australia experienced drier-than-average conditions and north eastern Australia experienced floods, reducing output over the second half of 2021-22. Improved weather conditions helped boost output in 2020-21 but labour shortages due to COVID-19 border restrictions limited growth. Forecast La Nina weather conditions will likely help support improved pasture conditions in the current year, but increase the chance of excessive rainfall, which could negatively affect milk yields in the current year.

Operators in the Dairy Cattle Farming industry raise and milk dairy cattle. The industry is made up of numerous small dairy farms that produce raw milk. These farms are mostly family owned and operated.

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

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

Methodology

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