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Opportunities
Food and Beverage Opportunities
- Affordable land and high levels of productivity
- Commercialisation of new aquaculture species
- Stone fruits, namely cherries and apricots
- Specialty field crops
- High-value, cool-climate wines
- Dairy industry
- High-value niche products such as truffles, saffron, ginseng and wasabi
- Controlled environment agriculture, greenhouse production
The food, agriculture and fisheries sector employs approximately 20,000 people and has a gross value of over A$1 billion prior to processing. Tasmania grows nearly 10 per cent of Australia’s vegetable exports and 60 per cent of Australia’s apple exports.
Tasmania is world competitive in milk production, and dairy outputs are rapidly increasing. A diverse range of products including confectionary, cheeses, milk and butter are exported.
Numerous opportunities exist for investment in food production and value-adding processes for both agriculture and aquaculture products.
Investors in Tasmania’s food industry benefit from a number of competitive features including:
- an international reputation for quality, with many products commanding premium prices
- overseas food and beverage sales into established markets earn Tasmania more than A$440 million a year
- easy access to the Australian market and niche export markets, particularly in Asia
- the ability to supply out-of-season fresh produce including fruit, vegetables and flowers to northern hemisphere markets
- island isolation, resulting in an absence of major pests and diseases
- a temperate climate, clean air, rich soils, reliable rain and clean surrounding oceans
- rich and varied marine resources and sophisticated aquaculture industry
- good supply of quality water
- low levels of chemical residues enable Tasmania to access a variety of international markets including Japan and Taiwan.
Related Links: Food Industry Council Food and Beverage Industry Dept of Primary Industries and Water
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