Food and fibre
As Australia's largest food and fibre exporter, Victoria accounts for 28 per cent of Australian food and fibre exports. In 2019-20, our state's total food and fibre exports were valued at $14.5 billion and accounted for 77 per cent of Australia's dairy exports, 50 per cent of horticultural exports and 31 per cent of prepared food exports.
The challenge is to keep up with rapidly changing and competitive markets here and abroad, with global population growth fuelling increased demand for high volume, high-quality and market-specific products.
Keeping up means more Victorian food and fibre businesses will need to find ways to add value to their products, ramp up production levels and adapt to meet consumer requirements.
Improving infrastructure, supporting regional communities, and helping small to medium businesses in the sector reduce costs while finding new ways to innovate are key parts of our strategy to ensure Victoria's food and fibre businesses continue to thrive well into the future.
The state's strengths include:
- Victoria is Australia's major food processing state, accounting for one-third of the processed food produced by Australia.
- Nearly half of Victoria's top 100 exporters are from the food and fibre sector, and eight of Victoria's top 10 food and fibre export markets are in Asia, with China the largest.
- Strong international reputation for food safety and biosecurity systems.
Food and fibre strategy - Business Victoria's Future Industries page
The current Victorian food and fibre export performance 2019-20 is available.
Boston Consulting Group report
An industry snapshot of Victoria's food and fibre sector Food and Fibre - Fact Pack - Boston Consulting Group (PDF 1474.74 KB) by the Boston Consulting Group.
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Page last updated: 24 December 2020