Strong return to mainland China offsets declines in other markets In the 12 months that ended December 2024, Australian wine exports increased by 34 per cent in value to $2.55 billion and by 7 per cent in volume to 649 million litres, according to Wine Australia’s Export Report. The increase[Read More…]
Tag: australia
Beyond Oil expands to Australia with 5-Year T&J Oil distribution agreement
New partnership includes minimum purchase commitments for the first 5 years with expected revenue of $243,000 to be recognized in fiscal year 2025 Beyond Oil Ltd. a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, announced the signing of a Distribution Agreement[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…]
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…]
China launches investigation into imported beef amid domestic industry concerns
The applicants argue that this sharp increase has caused substantial harm to China’s domestic beef industry, claiming a direct causal link between the import surge and the industry’s struggles China’s Ministry of Commerce (MOFCOM) has initiated a safeguard investigation into imported beef, following an application from the China Animal Agriculture[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…]
SGS sign HEYTEA agreement to set benchmarks in nutritional labelling
SGS will provide HEYTEA are third-party testing of products and raw ingredients, store hygiene audits and nutritional assessments SGS announced the signing of a groundbreaking agreement with HEYTEA to support the development of a ‘New-style Tea Health Labeling System’ that ensures safety, quality and transparency in tea beverages. Signed at[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…]
