Over the past five years, the Olive Growing industry has grown from a low base due to disastrous weather conditions caused by drought. In 2009-10 alone, industry revenue plummeted 24.0% as the hot dry climate wreaked havoc on olive plantations. As a result, industry revenue has grown at an annualised 2.9% over the five years through 2014-15. Despite the industry growing steadily overall, the absence of a strong rebound following the official end of the drought in 2012 is a troubling concern for domestic olive growers. Many boutique growers are expected to have begun olive planting as a means to diversify the income earned by their farms.
Companies in this industry are primarily engaged in growing olives to be further processed into table olives or olive oil.
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.