With global environmental and market trends impacting food consumption, we have an opportunity to identify emerging food and fibre types and connect with new and expanding markets.

AgriFutures Australia is dedicated to identifying and supporting the development of new and emerging rural industries that can meet changing demand and make a valuable economic, social and environmental contribution to Australia.

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.

Emerging Industries strategy

Our strategy

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.

AgriFutures Emerging Industries Program Strategy 2021

*Direct costs of a project are those which would not be incurred unless the project took place e.g. salary, salary on costs, lab supplies, travel etc.

Our goal

We’ve set an ambitious goal of identifying and supporting the emergence of agricultural industries that can reach or exceed a $10M per annum threshold in the next five years.

Funding

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.

Insight wanted: Valuing emerging industries

AgriFutures Australia is working with Kynetec Australia to better understand the size and evolution of Australia’s emerging industries in order to track future growth and measure success.

Through a combination of interviews and desktop research, Kynetec are working with growers, processors and industry leaders to understand production levels, commodity pricing, growth to date and future plans. Research findings will support the AgriFutures Emerging Industries Program strategy and be used to support allocation of future RD&E funds.

Kynetec are seeking involvement from industry representatives to share commodity data and production information via structured interviews.

For more information or to contribute to this important project, contact:

Melinda Haley
Project Manager, Kynetec
0409 179 758
Melinda.haley@kynetec.com

Farm Diversity

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.

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Final report summary: Commencing implementation of a genetic evaluation system for livestock working dogs

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The next wave of emerging industry opportunities 2020 - Stage II

14.05.21

The next wave of emerging industry opportunities 2020 - Stage I

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03.05.21

New research to explore potential of pongamia as renewable fuel

Native to northern parts of Queensland and the Northern Territory, pongamia offers an opportunity for production as a sustainable, lower emission alternative to non-renewable transport fuels.

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Unlocking emerging potential at Northern Australia Food Futures Conference 2021

AgriFutures Emerging Industries Program investment in a range of diverse and burgeoning projects spanning new crop variety trials, development of research, development and extension (RD&E) plans, native foods, feasibility studies and agronomy projects will be in the spotlight at the upcoming Northern Australia Food Futures Conference in Darwin, 17 – 20 May 2021.