The Australia grain production market size reached 64.51 Million Tons in 2024. Looking forward, IMARC Group expects the market to reach 93.42 Million Tons by 2033, exhibiting a growth rate (CAGR) of 3.80% during 2025-2033. Favorable climate conditions, advancements in agricultural technology, high global demand for grains, government policies supporting the sector, and rising innovations in farming practices and efficient supply chain management are some of the major factors propelling the growth of the market across the country.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | 64.51 Million Tons |
Market Forecast in 2033 | 93.42 Million Tons |
Market Growth Rate 2025-2033 | 3.80% |
Favorable Climatic Conditions
Australia's grain production is highly sensitive to climate and weather patterns. Factors such as rainfall levels, temperature variations, and drought conditions have a significant impact on crop yields. The El Niño and La Niña weather phenomena, for example, can greatly influence the amount of rainfall and affect growing conditions. Farmers and industry stakeholders closely monitor these conditions to make informed decisions about planting and harvesting. For instance, in September 2024, The Australian government announced that it expects to harvest 31.8 million tons of wheat in the coming harvest, raising its forecast by 2.7 million tons after rains in key growing regions. Australia is the world’s third-largest wheat exporter, and a larger harvest would boost global supply at a time when prices are near four-year lows. The government also said Australia would produce about 700,000 tons more barley and 100,000 tons more canola than estimated three months ago.
Significant Technological Advancements
Advancements in agricultural technology play a crucial role. Innovations such as precision farming, advanced irrigation systems, and improved crop varieties enhance efficiency and crop resilience. These technologies enable farmers to optimize resource use, manage pests and diseases more effectively, and increase overall crop output. For instance, in May 2023, Griffith University collaborated with Korean Technology Promotion Agency (KOAT) and Earthfix to rethink the way people farm in Australia, incorporating advanced technology to create consistently great-tasting and high-quality produce year-round while also boosting productivity up to 75 times more than traditional methods. Griffith intends to play a vital role in building the smart farms of the future by maximizing the sustainable use of food, land, and water, with the first farm based at Luscombe in the inner Gold Coast hinterland. Griffith University sees great potential in this partnership to deliver world-first opportunities for research collaboration around the technologies associated with smart farming and protected cropping as per the Griffith Associates.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on grain type, and end use.
Grain Type Insights:
The report has provided a detailed breakup and analysis of the market based on the grain type. This includes wheat, barley, canola, pulses and others.
End Use Insights:
A detailed breakup and analysis of the market based on the end use have also been provided in the report. This includes food, feed, and industrial use.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, and Western Australia.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million Tons |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Grain Types Covered | Wheat, Barley, Canola, Pulses, Others |
End Uses Covered | Food, Feed, Industrial Use |
Regions Covered | Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, Western Australia |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |