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: