Volatile external factors have come into play for the Dairy Cattle Farming industry over the past five years. Demand fluctuations, global market shifts, changing rainfall levels and moving farmgate prices have all influenced industry revenue. Over the five years through 2014-15, industry revenue is projected to grow at an annualised 2.2%, to reach $4.1 billion. An anticipated improvement in rainfall over 2014-15 will help boost national milk production. However, farmgate milk prices are expected to drop in response to increased supplies.
This industry consists of farms that mainly raise and milk dairy cattle. The industry is made up of a large number of small dairy farms, the majority of which are family owned and operated, that produce raw milk.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.