AFGC releases the Food and Grocery Export Growth Strategy
20 February 2024
The AFGC has released the Food and Grocery Export Growth Strategy which identifies the opportunities and policy recommendations required to deliver the export growth needed to double the size of the Australian food and grocery (AFG) sector by 2030.
Background
The Sustaining Australia Food and Grocery Manufacturing 2030 report, released in 2020, laid down the vision to double the size of the sector by 2030. The report set a target of $112 billion for food and grocery exports by 2030 and recommended developing an export growth strategy that aims to deliver the growth. Since the release of the report, the global pandemic, geopolitics, and supply chain challenges severely impacted the ability of the Australian food and grocery sector to grow exports.
Food and Grocery Export Growth Strategy
Opportunity exists to recover and grow exports by resilient demand from top trading partners led by rising middle-income populations and urbanisation. Consumer mega trends like health and wellness, sustainability, personalisation, and convenience offer an opportunity to export innovative products to meet future demand.
The Food and Grocery Export Growth Strategy sets out a plan to achieve the 2030 goal through:
- Identifying the growth pillars required to deliver on the target
- Establishing action plans to increase exports to priority markets
- Developing a framework and policy recommendations to deliver long-term export growth for the sector.
The export strategy was developed in discussion with the AFGC International Trade Advisory Committee, and with the professional expertise from the Australian Centre for International Trade and Investment (ACITI).
Members can download the Food and Grocery Export Growth Strategy from the member portal.
Contact
Please contact Shalini Valecha, Associate Director – Industry Affairs for further information.
