IBISWorld Platform
Answer any industry question in minutes with our entire database at your fingertips.
The Grain Growing industry produces a variety of cereal grain crops, including wheat, barley, maize, oats and other grains. The industry's performance has been extremely volatile over the recent period, driven by fluctuations in commodity prices. A dramatic revenue surge in 2021–22 and 2022–23 was triggered by the Russia-Ukraine conflict disrupting global grain supplies, causing prices for wheat, barley, oats and maize to spike to historic levels. This led to extraordinary increases in profit margins as expenses didn't rise proportionally. Industry profitability hinges on numerous factors, including input costs, global prices, international demand, and the value of the New Zealand dollar. As global supply began to normalise in 2023–24, prices retreated, revenue fell and profit margins tightened, although they remain elevated compared to 2020-21 levels. Production volumes have fluctuated between product segments. Barley and oats output have jumped, while wheat and maize production have remained stable. Weather fluctuations directly impact yields. Increasing demand for healthier and sustainably processed products like gluten-free and whole-grain bread, as well as emerging markets like craft beers, has boosted demand for grains, especially for barley, maize, oats and buckwheat. Despite yearly fluctuations, revenue is expected to grow at an average rate of 1.6% over the five years through to 2025-26 to total $845.7 million. This is expected to include a 1.2% decline in 2025-26 as commodity prices continue to normalise.
Answer any industry question in minutes with our entire database at your fingertips.
Feed trusted, human-driven industry intelligence straight into your platform.
Streamline your workflow with IBISWorld’s intelligence built into your toolkit.
IBISWorld's research coverage on the Grain Growing industry in New Zealand includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released December 2025.
The Grain Growing industry in New Zealand operates under the ANZSIC industry code A0149NZ. Industry operators primarily grow wheat, cereal and coarse grains (excluding rice). Operators also grow oilseeds, pasture seeds, lupins, and field peas or beans. Related terms covered in the Grain Growing industry in New Zealand include maize, threshing and barley.
Products and services covered in Grain Growing industry in New Zealand include Wheat, Barley and Oats.
The Grain Growing industry in New Zealand is highly fragmented with no companies holding a market share greater than 5%.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Grain Growing industry in New Zealand.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Grain Growing industry in New Zealand.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Grain Growing industry in New Zealand.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Grain Growing industry in New Zealand. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Grain Growing industry in New Zealand. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Grain Growing industry in New Zealand. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Grain Growing industry in New Zealand. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Grain Growing industry in New Zealand.
More than 6,000 businesses use IBISWorld to shape local and global economies
We were able to supplement our reports with IBISWorld’s information from both a qualitative and quantitative standpoint. All of our reporting now features some level of IBISWorld integration.
IBISWorld delivers the crisp business knowledge we need to drive our business. Whether it be serving up our major clients, winning new business or educating on industry issues, IBISWorld brings real value.
IBISWorld has revolutionised business information — which has proved commercially invaluable to exporters, investors and public policy professionals in Australia and overseas.
When you’re able to speak to clients and be knowledgeable about what they do and the state that they operate in, they’re going to trust you a lot more.
The market size of the Grain Growing industry in New Zealand is $845.7m in 2026.
There are 456 businesses in the Grain Growing industry in New Zealand, which has declined at a CAGR of 0.1 % between 2020 and 2025.
The Grain Growing industry in New Zealand is likely to be impacted by import tariffs with imports accounting for a moderate share of industry revenue.
The Grain Growing industry in New Zealand is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
The market size of the Grain Growing industry in New Zealand has been growing at a CAGR of 1.6 % between 2020 and 2025.
Over the next five years, the Grain Growing industry in New Zealand is expected to grow.
Barley and Wheat are part of the Grain Growing industry in New Zealand.
The level of competition is moderate and increasing in the Grain Growing industry in New Zealand.