New Opportunities in Agriculture – AgriFutures report released

NEW Opportunities in New and Emerging Agricultural Industries

This article is an extract from an article originally published by AgriFutures Australia on 24/5/2018.

Full article: (Link)

Twenty six high potential rural industries have been identified in a new AgriFutures Australia report, offering insight into the industries that can meet changing demand and make a strong contribution to Australia’s economy.

The AgriFutures Australia funded report by Coriolis Australia scanned global food industries to identify new opportunities in emerging agricultural industries that have a potential $10 million annual turnover.

Fifty three industries were identified as having ‘global demand’, and ‘commercial presence’ in Australia. Of these, 26 priority industries with a combination of success factors, including premium products, health benefits and new or emerging cuisines, were profiled in the report.

The products have a combination of success factors that drive the industry, including premium products (e.g. marron, camel milk), on-trend (e.g. hemp seed, seaweed), new or emerging cuisine (e.g. jackfruit, sheep milk), and health benefits and attributes (e.g. chia, flaxseed).

Learn more about Australian agriculture’s emerging industries: Farm Diversity