The Flour and Grain Mill Product Manufacturing industry has displayed a high level of volatility over the past five years. Millers have contended with varying supplies of wheat and other grains, which has constrained revenue in some years. For example, flooding in 2010-11 reduced domestic supplies of wheat and other grains. Additionally, erratic global weather patterns have caused fluctuations in global wheat and other grain production. This has contributed to substantial world price variations. Although Australia produces approximately two million tonnes of flour annually, it is a price taker on the world stage.
Industry manufacturers mill flour or meal intended for human consumption from grains, vegetables or plants. Processes include blending and cleaning grains, applying heat, and using a succession of rollers to produce a range of flour grades.
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.