Bright future for food exports

Submitted 24/06/2010

www.southaustralia.biz

 

South Australia's food sector has the potential to emulate the defence and mining industries in terms of export growth opportunities.

The Minister for Agriculture, Food and Regional Development, Michael O'Brien, has urged producers to continue being innovative in meeting challenges and capturing new markets.

"The South Australian Food Plan sets a target of $16 billion in gross food revenue by 2015 - that's nearly $4 billion more than the very commendable 2008-09 result.

"It is a target that is realistic and certainly achievable, but will require effort, innovative thinking and smart choices."

Mr O'Brien has addressed an Advantage SA industry forum focused on the State's agribusiness sector at Adelaide's Central Market.

This was the first stop on an Advantage SA "Around the State" tour that's taking members and guests to Kangaroo Island businesses Rare Breeds Farm, KI Abalone Farm, Southern Ocean Lodge and Lifetime Private Retreats.

"People around the world who appreciate the highest quality food and wine are deliberately seeking our products," Mr O'Brien says.

"We must capitalise on this preference and build demand in new and existing markets.

"I see no reason why our food sector cannot take advantage of emerging opportunities in the same way our defence and minerals and energy sectors are each building an international presence."

South Australia produced about 44 per cent of the nation's wine and 64 per cent of its wine exports, valued at $1.57 billion, in 2008-09.