THREAT OF NEW ENTRY (HIGH) THREAT OF SUBSTITUTION (HIGH)
Entering the industry is not too expensive Low cost of substitution
Economies of Scale for large farms Food can be imported Initial investment is not too large Porters Five forces og Farming Industry COMPETITIVE RIVALRY Too many competitors Low Customer Loyalty
BARGAINING POWER OF BUYERS(HIGH) BARGAINING POWER OF SUPPLIER (LOW)
Extreme price sensitivity High ability to substitute Homogeneous/Commodity Product Low cost of substitute Low cost of substituting Few suppliers of raw material