Apple, Pear and Stone Fruit Growing in Australia - Market Research Report (2013-2028)
Melbourne, Australia
Last Updated: August 2023
ANZSIC A0130Revenue
$1.5bn
Past 5-Year Growth
Profit
$XX.Xm
Employees
6,681
Businesses
1,531
Wages
$XXX.Xm
Apple, Pear and Stone Fruit Growing in Australia industry analysis
The Apple, Pear and Stone Fruit Growing industry's performance largely depends on factors outside its control. Harvests rely on climate conditions, while exchange rate fluctuations, consumer health consciousness and downstream fruit processors' strength influence demand. The buying power of the major supermarkets, Coles and Woolworths, dictate farm viability at the individual level, with large contracts often determining whether growers can maintain viability. Industry revenue is expected to rise at an annualised 3.5% over the five years through 2023-24, to total $1.5 billion. Strong retail demand, consumer pricing acceptance and an improving downstream food service sector have contributed to industry revenue growth. Revenue is anticipated to jump by 4.8% in the current year, mainly due to how growers can generate higher prices per unit.Farmers have struggled with fluctuating growing conditions, doing it particularly tough in recent years. The welcomed weather conditions of La Nina have outworn their welcome. Initially, beneficial levels of rainfall have since led to flooding, hail and destruction for some farmers. In addition, spiking expenditure on fertiliser following the Russia-Ukraine conflict has weighed on profit margins. While fruit prices have climbed, the two supermarket giants' growing dominance has limited the benefits farmers may receive from this positive trend. Direct supply contracts with retailers have enabled steady demand for larger producers in particular. However, industry imports have slumped over the past few years, providing some relief for growers.Weather conditions will influence the industry over the coming years. Water availability is set to edge upward over the next few years. However, as weather patterns are unpredictable, rainfall is difficult to project beyond more than a few months. Growing demand from export markets in Asia will provide an opportunity for industry growth over the long term. Overall, industry revenue is forecast to grow at an annualised 1.9% over the five years through 2028-29 to total $1.6 billion.
Trends and Insights
- Apple, Pear and Stone Fruit farmers have taken passed on their input costs to capitalise on heightened industry activity. Rising fruit prices have bolstered revenue streams for farmers as inflation takes hold.
- Industry growers encompass a wide variety of stone and pome fruits. Traditionally, pome fruits have accounted for a larger portion of industry revenue than stone fruits, but this share has declined over the past few years.
- Victoria's favourable climate and historical track record for fruit growing has solidified it as the favourite growing region for industry fruits. The Goulburn Valley and Mallee regions of Victoria are optimal for stone fruit cultivation.
- Pome fruits are generally homogeneous, as are some stone fruits. Therefore, most farmers face internal competition on their fruit's quality and access to markets.
Industry Overview
Market size and recent performance (2013-2028)
Industry revenue has grown at a CAGR of 3.5 % over the past five years, to reach an estimated $1.5bn in 2023.
Trends and Insights
Unpredictable yearly weather changes have determined industry output
- Average rainfall and temperatures are volatile and ideal conditions can maximise output, while extreme swings weigh on industry revenue.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
The demand for fruit is here to stay
- The Australian dollar is set to strengthen in the next few years, making exports relatively more expensive overseas and eroding competitiveness in international markets.
Biggest companies in the Apple, Pear and Stone Fruit Growing in Australia
| Company | Market Share (%)
2024 | Revenue ($short_0)
2024 |
|---|
There are no companies that hold a large enough market share in the Apple, Pear and Stone Fruit Growing in Australia industry for IBISWorld to include in this product.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Apples, Pears and other pome fruits and Cherries. Apples is the largest segment of the Apple, Pear and Stone Fruit Growing in Australia.
Trends and Insights
Apples have been a staple fruit among consumers but growers have battled oversupply concerns
- Australia produces almost 15 varieties of apples, with newer additions including jazz and kanzi apples that are gaining popularity over traditional ones like red delicious.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Grape Growing in Australia
- Citrus Fruit, Nut and Other Fruit Growing in Australia
- Under Cover Vegetable Growing in Australia
- Outdoor Vegetable Growing in Australia
Complementors
- There are no industries to display.
International industries
- Fruit & Nut Farming in the US
- Fruit & Nut Farming in Canada
- Apple, Citrus and Other Fruit and Nut Growing in New Zealand
- Fruit and Nut Growing in China
Table of Contents
About this industry
Industry definition
Producers in the industry grow and harvest pome fruit and stone fruit. Pome fruit contains seed chambers and an outer flesh. Stone fruit are also fleshy but have a hard stone at their core that surrounds the seed.
What's included in this industry?
ApplesPearsNashiApricotsCherriesPeachesNectarinesPlumsCompanies
Purchase this report to view all major companies in this industry.
Related Terms
POME FRUITWHOLESALE BYPASSPOLLINATIONIndustry Code
ANZSIC 0134 - Apple, Pear and Stone Fruit Growing in Australia
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Apple, Pear and Stone Fruit farmers have taken passed on their input costs to capitalise on heightened industry activity. Rising fruit prices have bolstered revenue streams f...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2013-2022) and forecast (2023-2028)
- Employees, including historical (2013-2022) and forecast (2023-2028)
- Businesses, including historical (2013-2022) and forecast (2023-2028)
- Profit, including historical (2013-2023)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Industry growers encompass a wide variety of stone and pome fruits. Traditionally, pome fruits have accounted for a larger portion of industry revenue than stone fruits, but ...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2023
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2023
- Major market segmentation in 2023
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Victoria's favourable climate and historical track record for fruit growing has solidified it as the favourite growing region for industry fruits. The Goulburn Valley and Mal...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2023
Tables
- Number and share of establishments in each region in 2023
- Number and share of revenue each region accounts for in 2023
- Number and share of wages each region accounts for in 2023
- Number and share of employees in each region in 2023
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Pome fruits are generally homogeneous, as are some stone fruits. Therefore, most farmers face internal competition on their fruit's quality and access to markets.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2018-2023
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
The industry is highly fragmented, with no single player having a substantial market share. Most establishments in the industry are small family farms.
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2019 through 2023
- Major companies in the industry, including market share, revenue, profit and profit margin in 2023
Detailed analysis
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The federal and state governments provide assistance to the industry through budgetary outlays. Industry bodies step in to provide further aid through research and advocacy.
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2013-2028)
- Assistance historical data and forecast (2013-2028)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Production costs for fruit growers are partly a function of orchard size. Larger orchards have lower per-unit costs relating to spiking irrigation and fertilisers expenses co...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2013-2028)
- Revenue per Employee (2013-2028)
- Revenue per Enterprise (2013-2028)
- Employees per Establishment (2013-2028)
- Employees per Enterprise (2013-2028)
- Average Wage (2013-2028)
- Wages/Revenue (2013-2028)
- Establishments per Enterprise (2013-2028)
- IVA/Revenue (2013-2028)
- Imports/Demand (2013-2028)
- Exports/Revenue (2013-2028)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2013-2028)
- IVA (2013-2028)
- Establishments (2013-2028)
- Enterprises (2013-2028)
- Employment (2013-2028)
- Exports (2013-2028)
- Imports (2013-2028)
- Wages (2013-2028)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Australia include:
- Australian Bureau of Statistics
- Australian Taxation Office
- Australian Securities & Investments Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Apple, Pear and Stone Fruit Growing industry in Australia in 2024?
The market size of the Apple, Pear and Stone Fruit Growing industry in Australia is $1.5bn in 2024.
How many businesses are there in the Apple, Pear and Stone Fruit Growing in Australia industry in 2023?
There are 1,531 businesses in the Apple, Pear and Stone Fruit Growing industry in Australia, which has grown at a CAGR of 0.1 % between 2018 and 2023.
Has the Apple, Pear and Stone Fruit Growing industry in Australia grown or declined over the past 5 years?
The market size of the Apple, Pear and Stone Fruit Growing industry in Australia has been growing at a CAGR of 3.5 % between 2018 and 2023.
What is the forecast growth of the Apple, Pear and Stone Fruit Growing industry in Australia over the next 5 years?
Over the next five years, the Apple, Pear and Stone Fruit Growing industry in Australia is expected to grow.
What does the Apple, Pear and Stone Fruit Growing in Australia include?
Apples and Pears are part of the Apple, Pear and Stone Fruit Growing industry.
How competitive is the Apple, Pear and Stone Fruit Growing industry in Australia?
The level of competition is moderate and steady in the Apple, Pear and Stone Fruit Growing industry in Australia.
