Advantages and Limitations of Olive Industry

Emerging or Recreational
Agricultural Industry

Table of Contents
INTRODUCTION...........................................................................................................................1
Location, Size and Production....................................................................................................1
Road map of the report................................................................................................................2
The Advantages and Limitations of Strawberry industry................................................................2
Significance of the industry........................................................................................................2
Advantages and limitations of the industry.................................................................................2
Situation in comparison to traditional established industry in Australia....................................2
CONCLUSION................................................................................................................................3
REFERENCES................................................................................................................................4

INTRODUCTION
Agriculture can be referred to as the art as well as science involving cultivation of
livestock along with plants (Eyhorn and et. al., 2019). The agriculture sector consists of
enterprises that are indulged in growth of crops, raising of animals as well as fish, logging of
wood and thereby includes dairy, farm, hatchery, ranch, etc. Now, Olive Industry is a kind of
emerging or recreational agriculture sector. Olive is identified as a species of small tree which
was conventionally found within the Mediterranean Basin.
Location, Size and Production
Olives are acknowledged to be grown in all nations of Mediterranean, India, China,
Australia, South Africa, South America, the US, and Mexico. Olives are a great source of olive
oil. Olives are planted and grown within every region of Australia. It generates significant
income within the agriculture sector of Australia.
Production
Within the year 2002, the olive oil production within the bounds of Australia was lower
than 1 million liters. This has undergone rapid growth to 2 million liters within the year 2004 and
20 million liters within the year 2013. This is a little less than 1% of the average olive oil
production across the world.
Consumption
During the year 2013, the consumption of olive oil within Australia had reached to 45,000
tonnes, undergoing an increment of almost 800% in more than 2 decades. The country currently
consumes over 2 times of the annual production and is acknowledged to be the biggest consumer
of olive oil per capita outside of the bounds of Mediterranean.
Area Planted
It is estimated there were almost 1500 olive growers within the bounds of Australia who grew
more than 35000 hectares of planted olives in the year 2013. Victoria has been the biggest
producing state, accounting to more than 25% of the plantation area and more than 60% of the
production within the year.
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