Cornucopia: Demand for New Zealand's high-quality produce has helped the sector through the pandemic
The Agribusiness sector plays a key role in New Zealand's economy. The sector includes operators involved in agricultural production or services across the food supply chain. Some agribusiness industries are among the largest in New Zealand, like the Cheese, Butter and Milk Powder Manufacturing industry and the Meat Processing industry. Weather patterns and economic events, like the COVID-19 pandemic, influence production volumes and prices across the supply chain. However, the sector's diversity largely mitigates revenue fluctuations in a particular segment. Sectorwide revenue has been growing at an annualised 0.2% over the past five years and is expected to total $119.9 billion in 2023-24, when revenue falls by an estimated 3.6%.
The Agribusiness sector includes businesses that are directly engaged in, or benefit from, agricultural activities.
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
Companies Mentioned
A selection of companies mentioned in this report includes:
- Fonterra Co-operative Group Limited
Methodology
LOADING...
