Details

  • Service: Geographic Markets, Asia Markets, China
  • Industry: Agribusiness, Food, Drink & Consumer Products, Retail
  • Type: White paper
  • Date: 22/08/2012

Opportunities for China and Australia in Food Security 

Food security is an important driver of market activity and a source for lucrative opportunity in the Australian agribusiness and food industry. This is evidenced in the Federal Government's green paper on the proposed National Food Plan released in July 2012.
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The Department of Foreign Affairs and Trade (DFAT) have also announced that they will shortly release their joint report on Food Security with the Chinese government, alongside the release of the Australia in the Asian Century report.

 

We examine the exciting opportunities for improved trade and investment flows in the food sector between Australia and China.

 

Key insights

  • The United Nations estimates our global population will grow from 7 billion to 9.2 billion by mid century.
  • The global demand for food is expected to rise by 77 percent by 2050. Coupled with the rise of the middle class, China is an important part of this global demographic shift.
  • Improved trade and investment flows in the food sector between Australia and China represents a long term sustainable and very complementary opportunity.
 

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Contact KPMG to find out more about our services or industry experience.

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