Wattleseed: A compact business case

  • 13 pages

  • Published: 15 Dec 2022

  • Author(s): GHD

  • ISBN: 978-1-76053-334-2

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There are more than 1,000 wattle, Acacia spp., species indigenous to Australia and the industry supports about 20 commercial growers. Production has increased from about six tonnes in 2011-2012 to 18.5 tonnes in 2019-2020, with many indigenous communities actively involved in the collection, production and marketing of wattleseed. Highly versatile, wattleseed can be used as an ingredient or flavouring in baked goods, meat dishes, ice cream and sauces, and as a caffeine-free ‘coffee’. Supply is expected to grow significantly in the coming years as younger plantings begin to yield and in response to increased consumer demand from growing interest in native, unique and nutritious foods.

New and emerging industries in their infancy often lack the public awareness and resources to assist with industry growth. This compact business case provides a concise overview of the wattleseed industry. It provides a resource that can be used to drive awareness and engage with potential investors regarding opportunities to assist industry growth. 

The compact business case is the result of stakeholder consultation across the Australian wattleseed industry and pulls together the industry’s status, market opportunities, challenges, competition, governance and economics in one resource for the industry.