Published on : Jul 24, 2014
A report published by New Zealand Government, ‘What does Asia Want for Dinner? Emerging Market Opportunities for New Zealand food & beverages in East & South East Asia’, states that the whole of Asian food and beverages market have been a great driving force for New Zealand (NZ).
This demand has expanded New Zealand’s scope for diversification and helped in its growth.
The report was published by Nathan Guy, Primary Industries Minister and Steven Joyce, Economic Development Minister. The report throws light on the growing importance of Asia’s food market.
The report shows that beyond the core export products, New Zealand is now looking at supplying for demand of dairy nutritionals, infant formula, and other innovative food items. It also states that there is potential earning is also possible through premium items such as cherries, alcoholic spirits, beer, sparkling wine, chocolate, honey, chilled salmon, and avocadoes. Together these categories generate exports worth USD 1 billion.With Business Growth Agenda, New Zealand government has made massive investments to enable innovation, diversification, and productivity in the country’s food and beverage industry.