Apple, Pear and Stone Fruit Growing in Australia - Industry Market Research Report

Apple, Pear and Stone Fruit Growing in Australia - Industry Market Research Report

Apple, Pear and Stone Fruit Growing in Australia

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.

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.

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."