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Meat and Meat Products in Australia: ISIC 1511

Australia meat market revenues totalled A$27Bn in 2010


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2014-02-07 05:13:03 - Meat and Meat Products in Australia: ISIC 1511 - a new market research report on companiesandmarkets.com

Australia is the world´s second-largest exporter of beef and sheep meat, at the same time, its domestic demand for meat and meat products is also significant, standing at A$27 billion in 2010, growing at an average annual of 8% over the review period.

Household purchases of meat and meat products supplied in the reviewed market accounted for 46% in 2010, with expenditure doubling since the beginning of the review period. Simultaneously, business-related purchases amounted to 54% of total market value. Moreover, the reviewed market was negatively affected by serious epidemic diseases over 2000-2010.

Over the review period avian influenza, known as bird flu, appeared over 2003-2005, and BSE (mad cow disease) fears also occurred from time to time. However, demand for meat

 

 

and meat products did not suffer a lot during the current global economic recession, with market continuing to grow by 8% on average per year.

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