Prospects for Australian emerging industries

  • 56 pages

  • Published: 3 Nov 2023

  • Author(s): Yuyang He, David Pearce, Tingsong Jiang

  • ISBN: 978-1-76053-432-5

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Emerging industries play an important role in the Australian agricultural landscape, contributing to the national economy and helping meet changing global demand.

This prospectus is a compendium to the detailed final report of a horizon scan of emerging rural industries. It begins with a broad overview of the composition of emerging industries and looks at the various macro trends influencing their development.

The prospectus then summarises the current state and prospects for eight nominated emerging industries: the broad category of Australian native foods, industrial hemp, insects, native bees, pomegranate, seaweed, sesame and truffle. The strengths, weaknesses, opportunities and threats that have been identified for each industry help predict how they might grow over the next 10 years.