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Queensland food and agribusiness opportunities could be worth $43 bln by 2030

New Food & Beverage Export Catalogue launched online

A new Food & Beverage Export Catalogue has been launched online to connect export-ready Queensland agri-food suppliers with overseas buyers. According to the Food and Agribusiness Industry Growth Centre, trading as Food Innovation Australia (FIAL), in the Capturing the prize report, there is an opportunity to unlock more than $200 billion by 2030 for Australia.

For Queensland, the food and agribusiness opportunity could be worth almost $43 billion by 2030 in value added, resulting in 176,000 new jobs and more than tripling the current size of the sector.

FIAL’s mission is to provide export ready food suppliers with an avenue to promote their products and connect with new domestic and international buyers via an online environment. FIAL general manager Commercial, Rod Arenas, said the world will need to produce 70 per cent more food by 2050 to meet the demands of a growing population.

Source: foodmag.com.au


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