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The Australian consumer foodservice industry is valued at A$60 (US$44) billion.
Global lentil exports in 2020 jumped from $1 billion to $2.6 billion compared to the year before. Canada and Australia led the surge, accounting for more than three-fourths of the exports. Lentil exports peaked at $2.7 billion in 2015 but drifted lower through 2019, primarily due to reduced shipments from Canada to India and Turkey and from the United States to Canada and India.
Australian beef supply is forecast to begin to recover in 2022 after falling to the lowest level in decades in 2021.
Australia, the world's 12th-largest economy, is a sophisticated market that is interested in new-to-market food products.
A synopsis of current news and events affecting the agricultural sectors in Australia and New Zealand.
The overall outlook for the dairy industry in Australia for 2014 is generally positive with milk production expected to increase by two percent. The August industry survey estimated overall industry confidence at 73 percent; a significant increase...
Growing demand for pet food is creating new opportunities for U.S exporters in both established and emerging markets worldwide.
While trade in chocolate confectionery remains small relative to overall demand, U.S. exporters are finding opportunities in both developed and emerging markets around the globe.