What is an emerging industry?
Emerging industries are those new industries with high growth potential. Emerging animal and plant industries play an important part in the Australian agricultural landscape, they contribute to the national economy and they will be key to meeting changing global food demands.
AgriFutures Australia supports a number of emerging rural industries including native plants such as kakadu plum, seaweeds and native pepper, as well as newer additions to Australian agricultural flora such as quinoa, hazelnuts and coffee. Emerging animal industries including sea urchin, camel milk, game birds, working dogs, alpaca and crocodile have also received funding to support RD&E.
AgriFutures Australia has developed a layout for visualising the Emerging Industries Program strategy.
The layout shows distinct developmental phases of emerging industries with guidelines to define them. Success criteria are described for each developmental phase. The Australian Tea Tree Oil industry, for example started at Phase 1 and is now ‘emerged’ as a levy paying industry.
We’ve set an ambitious goal of identifying supporting the emergence of agricultural industries that can reach or exceed a $10M per annum threshold in the next five years.
Research funding is provided in the context of clear commercial growth strategies for developing emerging industries. Research funding for the AgriFutures™ Emerging Industries Program is provided by AgriFutures Australia and industry voluntary contributions.
Expressions of Interest
AgriFutures Australia called for expressions of interest (EOI) from emerging rural industries to partner with AgriFutures Australia to increase the production capacity and value of their industries by applying research and development (R&D) to overcome technical and biological constraints. Submissions closed on Wednesday, 14 November 2018. For more information about the assessment process, visit the Emerging Industries EOI webpage.
AgriFutures Australia is aware there are many potentially important opportunities at different phases of Emerging Industries development. Once AgriFutures Australia’s investments are in place to achieve the objectives outlined in our Strategic R&D Plan, we may develop calls for partnerships and investments at other targeted phases of development.
Industry Advisory Panel
AgriFutures Australia is committed to working with industry to deliver research and development outcomes. We work in partnership with advisory panels to decide on research priorities and to make investment decisions each year.
AgriFutures Australia is calling for Preliminary Research Proposals from suitably qualified research providers/consultants to identify production facilities globally, review production methods and markets, conduct an economic analysis of insect farming, and build case studies of successful insect farms.
The public open call for research proposals has commenced closing at 10am (AEDT) Wednesday, 27 March 2019.
Manager, Business Development
02 6923 6912
0429 495 499
Looking to diversify
Farm Diversity is an AgriFutures Australia initiative that allows farmers to search crop and animal production alternatives by type or location to discover what is best suited to their farm.