Australian Food Manufacturing: Surviving and Thriving Beyond 2020
Even before the COVID-19 pandemic swept the world, the food manufacturing industry in Australia faced many challenges, with performance lagging behind that of many other developed countries.
The additional challenges the pandemic has brought with it are vast. The economic crisis is having a profound effect on consumer behaviour and the food service industry has been particularly impacted by government restrictions and lockdowns.
However, government investment in Australian food manufacturing means that food manufacturers are now in a favourable position to plan and fund longer term improvements that build on our comparative advantage in food resources.
We take a closer look at the challenges now facing the industry and how food manufacturers can successfully navigate the weeks, months, and years ahead.