Australian Government DFAT – Food News Bulletin
Among higher income Asian consumers, there is growing interest in food safety, food integrity, food quality, and health and nutrition issues, with growing expectation that supply chains will deliver these requirements.
Food and beverage processing, retailing and foodservice is modernizing in Asia, and corporate agri-food players within each Asian market are consolidating. This is translating into larger-scale sourcing of agri-food products and materials from fewer, bigger agri-food companies, both Asian and foreign, that operate in Asian markets.
These demand trends indicate that it will be important for Australian agri-food suppliers to consider their future potential capacity and strategies to supply both the increasing volumes and types of products that will be required by expanding Asian agri-food markets.