Emerging Animal and Plant Industries – their value to Australia

  • 105 pages

  • Published: 10 Nov 2005

  • Author(s): Foster, Max

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This publication profiles 27 emerging animal and plant industries, and for the first time gives us a picture of their overall worth to the Australian economy. – conservatively estimated at $673 million. These industries make significant contributions to the regions in which they operate by bringing diversity and resilience to the sector. They also contribute to the increasingly important niche and specialty food markets. The importance of this report is that it provides basic statistical information for new and emerging industries. As well as indicating the high aggregate value of the ‘new and emerging sector’, the report provides detailed statistical information for each new industry. It will be a useful basis for those contemplating investment or formulating policy and will help to inform RIRDC as it plans its research and development priorities into the future.