Australia Horticulture Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 6.30% (2024-2032)
The horticulture sector in Australia is experiencing steady growth, driven by innovation, sustainable practices, and increasing demand for high-quality produce. According to IMARC Group, The Australia horticulture market size reached USD 17.92 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 32.12 Billion by 2032, exhibiting a growth rate (CAGR) of 6.30% during 2024-2032.
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Australia Horticulture Industry Trends and Drivers:
The Australia horticulture market is expanding rapidly, owing to several interconnected factors. Primarily, the market is driven by the growing demand for fresh and organic products, both in domestic and foreign markets. Besides this, among the main drivers of the expansion are customers' increasing health concerns and their preference for fresh, premium fruits and vegetables. Additionally, the support of the government bodies for sustainable farming practices and innovation in agricultural technologies, such as precision farming and hydroponics, is improving crop yield and product quality. This has led to enhanced efficiency in production and distribution, further propelling the Australia horticulture market. In line with these factors, export opportunities, especially to Asian countries, have also become a key driver for the industry, as the demand for Australian horticultural products continues to rise globally.
Another important trend in the Australia horticulture market is the shift toward organic and eco-friendly farming practices, reflecting the growing consumer preference for sustainable products. Furthermore, producers are increasingly adopting organic farming methods to cater to this demand, which has led to the introduction of organic certification programs and regulations to ensure product quality. In addition to these factors, the rising popularity of locally sourced, farm-to-table produce is also influencing market trends as consumers seek to minimize environmental impact and support local farmers. Moreover, advancements in cold storage and logistics infrastructure are helping reduce post-harvest losses, ensuring that high-quality produce reaches consumers efficiently. Consequently, the convergence of these factors is expected to drive the growth of the Australia horticulture market in the coming years.
We explore the factors propelling the Australia horticulture market growth, including technological advancements, consumer behaviors, and regulatory changes.
Australia Horticulture Industry Segmentation:
The report has segmented the market into the following categories:
Cultivation Type Insights:
- Food Plant
- Fruit
- Nut Crop
- Vegetable
- Others
- Ornament Plant
- Flowers
- Turf
- Others
Propagation Insights:
- Vegetative
- Seed
- Breeding
- Layering and Cutting
- Grafting
- Others
Application Insights:
- Greenhouse
- Vertical Farms
- Indoor Farms
Regional Insights:
- Australia Capital Territory & New South Wales
- Victoria & Tasmania
- Queensland
- Northern Territory & Southern Australia
- Western Australia
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.
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IMARC Group
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State/Province/Region: Queensland
Country: Australia
Zip/Postal Code: 4370
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Phone Number: +1-631-791-1145