• Download report PDF

  Download

When conditions in the agricultural sector change, and established ways of making a profit are less secure, many industry players look for new methods and new markets to carry them through.

A new report by the Colere Group showed possible opportunities for the sector to expand through new export markets, niche markets, and adding value to established products.

After evaluating more than 150 products, the authors investigated 11 industries and products in more depth: jackfruit processing; fruit powders and other concentrates; avocado oil; macadamia shell briquettes; sugarcane byproducts; oat milling byproducts; rice straw; pigeonpea (in the north); integrated black soldier fly feed ingredient production; collagen and hydrolysates from sheep pelts; and seaweed byproducts from tuna farming.

The report presents a range of concepts to indicate the scope and diversity of opportunities, often from farm or production waste, available to these industries. While there is a clear driver for the identified value-added revenue stream, the industry in question will probably need R&D assistance to innovate.

The report includes two case studies of companies that have innovated to produce and launch new products. They provide insights into how the opportunity was identified and how key challenges were overcome.