In November 2024 alone, South Australian wineries sold 11.8 million litres of wine, valued at more than $93 million Recent data from the Australian Bureau of Statistics (ABS) reveals that South Australian exports to China have reached new record levels. The state’s efforts to diversify its markets are proving successful,[Read More…]
Australia
KitKat introduces Neapolitan chocolate block & bar
This new offering aims to evoke a sense of nostalgia, featuring creamy vanilla and sweet strawberry flavours KitKat has introduced a new product, KitKat Neapolitan, inspired by the classic ice cream flavour trio. This new offering aims to evoke a sense of nostalgia, featuring creamy vanilla and sweet strawberry flavours,[Read More…]
Australian seafood to make impact in Chinese market
South Australian Southern Rock Lobster fisheries remain the state’s most valuable wild catch fishery with exports valued at $40 million in the year to October 2024 South Australia’s Southern Rock Lobster is ready to splash back into the Chinese market after officially lifting trade restrictions. Valued at over $20 billion[Read More…]
Treasury Wine Estates announces acquisition of winery and vineyard in China
It is a significant milestone in TWE’s efforts to enhance its presence in China and drive further connection and engagement with local consumers Treasury Wine Estates (TWE) announced it has agreed to acquire a 75 per cent equity interest in Ningxia Stone & Moon Winery Co. Ltd (Stone & Moon)[Read More…]
Australia’s Beerfarm eyes expansion with new brewery
This expansion will allow Beerfarm to supply its beers throughout the East Coast and increase overall production by 30 per cent Independent craft brewery Beerfarm from Western Australia is set to begin work on a new brewery and taphouse in Glenworth Valley, located on the NSW Central Coast. This expansion[Read More…]
Australian wine sector sees signs of adjustment, but red stocks remain high
Australian Wine Production, Sales and Inventory Report 2023-24 Total sales of Australian wine exceeded production for the second year in a row, following successive small vintages, according to the Australian Wine Production, Sales and Inventory Report 2024 released by Wine Australia. Wine production was just over 1 billion litres (116[Read More…]
Australians’ favourite herbs and spices: survey insight
A survey of 400 participants identified basil as the most consumed herb over the past year, followed by pepper and garlic Herbs and spices have been a cornerstone of culinary traditions for centuries, enhancing the flavour, aroma, and appearance of dishes while offering notable health benefits. Their antioxidant properties help[Read More…]
Coca-Cola to acquire alcohol ready-to-drink brand in Australia
The current owners of Billson’s, Nathan and Felicity Cowan, will continue to produce their well-known cordial, soda, and beer range under a new brand name The Coca-Cola Company announced that it has agreed to acquire Billson’s, an Australia-based brand of alcohol ready-to-drink products that include local market leaders Vodka with[Read More…]
Half a billion dollars worth of wine exports to China from South Australia
Wine exports from South Australia to all markets exceeded $1.7 billion, marking a 38 per cent increase compared to the previous year South Australian exporters sold $558 million worth of wine to China in the 12 months leading up to October, with over 99 per cent of those sales occurring[Read More…]
Australia’s Fresh Produce Group partners with Macquarie Asset Management
MAM’s Agriculture platform has extensive experience in establishing and investing in, leading Australian agribusinesses Fresh Produce Group (FPG) announced an important milestone in its more than 30-year history, with the successful completion of a majority investment by Australian agriculture investment manager, Macquarie Asset Management (MAM) on behalf of its managed[Read More…]
