Friday 17 January 2014

Which Industries Will Boom and Which Will Bust in 2014

Ibisworld predicts that organic farming will thrive in 2014 along with diamond & gemstone mining, superannuation funds, online shopping and internet publishing & broadcasting.

Australia’s organic farming is expected to increase by 13.7% over 2014 driven by health consciousness and environmental awareness. The sector has experienced supply chain improvements, better processing capabilities, and more variety with a greater range of retail outlets prepared to expand their range.

The industries expected to suffer in 2014 are CD’s & DVD’s, mining, horse racing, sugar-cane growing and newspaper publishing.