«As the national economy transitions away from mining - led growth,
the food and grocery sector is one of the key growth sectors for the future.
The Australian Food and Grocery Council's (AFGC) annual industry snapshot State of the Industry 2015, released today, shows a 28 % surge in Australia's food and beverage exports in 2014 - 15 underpinning growth in
the food and grocery sector despite challenging economic conditions.
However strong growth was recorded across a wide range of food and beverage categories which underlines the diversity of Australia's
food and grocery sector, from beef and dairy, to biscuits and confectionary.
Previously the AFGC Director of Economics, Trade and Sustainability, Tanya has strong experience with the $ 126 billion
food and grocery sector, led the secretariat's work on international market access and non-tariff barriers to international trade, as well as a range of issues relating to the competitiveness and environmental sustainability of the industry.
«One area of weakness exposed in the State of the Industry 2015 report is capital investment, which is falling at a time when a lift in investment is vital for the Australian
food and grocery sector to scale up and meet the opportunities of the future.
The Competition and Consumer (Industry Codes - Food and Grocery) Regulation 2015 (Regulation) provides for the Food and Grocery Code1 (the Code), a voluntary industry code for
the food and grocery sector made under the Act.
«This report underlines the value of the Australian
food and grocery sector at a time when other manufacturing is moving offshore and being buffeted by internal and external economic pressures,» said Tanya Barden, AFGC's Director of Economics.
The $ 90 billion
food and grocery sector risks turning high - margin, high - growth categories such as health and beauty into commodities through over-reliance on promotions, says Procter & Gamble's Australia and New Zealand managing director Antoine Brun.
Not exact matches
The Amazon - Whole Foods deal has thrown the entire
grocery sector, as well as
food producers
and even pharmacies, into a state of anxious upheaval, with stocks including Kroger Co., Target,
and even Wal - Mart taking hits.
Mobile payments are expected to find particularly eager adoption in hurry - up -
and - pay
sectors like
grocery, gas
and fast
food.
So while Astrachan acknowledged that the uncertainty surrounding the effects of the Amazon — Whole Foods merger will weigh on the
grocery sector, Costco, in his view, is likely to outperform its peer group, given its «competitive advantage, including an increased focus on e-commerce
and fresh
food strategies.»
The study, titled «Economic Impact of the U.S.
Grocery Manufacturing Industry,» is based on 2009 government data
and examines
food, beverage
and consumer products companies» impact on U.S. employment, labor income, gross domestic product,
and the industry's impact on related
sectors of the nation's economy.
The Australian
Food and Grocery Council's (AFGC) State of the Industry Report 2017 states that the rising cost of gas could put at risk the
sector's 33 % of Australian manufacturing jobs.
Food, beverage
and grocery — Australia's largest manufacturing
sectors — are set to be hard hit by rising gas prices
and other pressures.
Sioux Falls, S.D. - based Orion is a multiple - branded distributor
and supplier of
food products for the convenience store, military, healthcare, education, transportation,
grocery,
and sports
and entertainment
sectors.
Yet as organic remains the fastest growing
sector in
grocery, particularly fresh
foods, it will require creativity
and more private partnerships to meet demand with reliability.
«Initiatives such as the Courtauld Commitment, aimed at reducing the environmental impact of the
grocery sector, along with high profile
food recalls, mean that suppliers
and retailers are giving increasing priority to driving out waste, reducing risk
and optimising performance,» points out Alan Mutch.
BSR's analysis is based on self - reported survey data collected from
food manufacturers
and grocery retailers / wholesalers extrapolated to the entire U.S.
food manufacturing
sector and grocery retail / wholesale
sector.
Food and grocery stores are less reliant on pre-Christmas spending than general merchandise retailers, but the major supermarket chains are taking no chances, particularly after sales in the supermarket
sector grew in August at the slowest rate since June 2016.
Addressing an industry forum hosted by the Australian
Food and Grocery Council in Canberra, Chairman Rod Sims discusses the
Food and Grocery Code of Conduct, the ACCC's increased focus on the agricultural
sector, proposed changes to country of origin labelling
and truth in advertising.
Key facts from the State of the Industry 2015 report on the
food, beverage
and grocery sector, using the most up to date data from the ABS
and other sources:
29 Nov 2013 — The
Food and Drink Federation (FDF) has welcomed news that under the Courtauld Commitment Phase 2 agreement, the UK grocery sector reduced food and packaging waste by 1.7 million tons, the equivalent of 4.8 million tons of
Food and Drink Federation (FDF) has welcomed news that under the Courtauld Commitment Phase 2 agreement, the UK
grocery sector reduced
food and packaging waste by 1.7 million tons, the equivalent of 4.8 million tons of
food and packaging waste by 1.7 million tons, the equivalent of 4.8 million tons of CO2.
James has extensive career in government relations
and corporate affairs roles including senior representation of Australia's
food and grocery manufacturing, resources
and education
sectors as well as in consultancy
and ministerial offices.
In recent years, public debate about the competitiveness of the supermarket
sector has been focused on concerns about
food price inflation
and grocery prices being too high.
«
Food and grocery processing makes up almost one - third of Australia's manufacturing
sector and it is encouraging to see growth in both industry turnover
and jobs,» said Mr Dawson.
So whether the young person in question is working as a chef or in the retail
grocery sector, be it in a small convenience store or a large supermarket, or studying
food technology, we want to recognise those bright sparks who show the passion
and drive to succeed in this dynamic world.
Australia's A$ 126bn (US % 96bn)
food, beverage
and grocery sectors» value to Australian manufacturing has increased by nearly a third over the seven years to 2015.