Australia hazelnut production predicted to hit $400m by 2020
A Rural Industries Research and Development Corporation report has found the Australian hazelnut industry has the potential to be valued at $400 million with current annual production, 170 tonnes, anticipated to dramatically increase to 2000-3000 tonnes by 2020.
The report found Australian hazelnut growers wanted to expand their plantings and other horticultural producers wanted to diversify into newer crops.
And Ferrero Australasia, a major global processor of hazelnuts, has identified Australia as a country suitable for hazelnut production.
“With the aim of diversifying production regions and securing constant, reliable hazelnut supply, the Ferrero group has identified Australia as a country suitable for hazelnut production.”
source: weeklytimesnow.com.au
