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Year

2024
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Sustaining Australia 2030

The Australian Food & Grocery Council (AFGC) primary priorities are outlined in Sustaining Australia: Food and Grocery Manufacturing 2030 [PDF 3.7 mb].

Based on an economic analysis, the report found:

  • The sector is under pressure from declining profitability due to a highly concentrated retail marketplace, resulting in a decade of stagnant capital investment and low innovation.
  • Food and grocery manufacturing risks losing ground to imports unless steps are taken to boost investment in new technology.
  • Non-food grocery, which includes vitamins and household products, should be included as a manufacturing priority alongside food and beverage under the federal government’s Modern Manufacturing Strategy.
  • The right policies and incentives can double the size of Australia’s food and grocery sector to $250 billion by 2030, with a resulting 54% increase in employment to 427,000 people.

AFGC wants to see the industry double its value to nearly $250 billion by 2030. This national vision is achievable through:

  • mutually beneficial supply chain practices
  • fair and equitable commercial processes and practices
  • access to global trade and investment markets
  • workforce skills
  • digital labelling.

Industry prosperity

The AFGC supports:

  • a stable, supportive, regulatory environment to stimulate business growth in the trading environment
  • a transparent and competitive retail environment
  • a strong and effective Food and Grocery Code of Conduct.

Other resources include: