During the forecast period, the Biosecurity Protection Levy (BPL) is anticipated to have a significant impact on processed meat in terms of costs and imports. Introduced by the Australian Federal Government, the BPL aims to raise additional funds to enhance the country’s biosecurity measures.
In the forecast period, it is anticipated that an increasing number of processed seafood products will carry sustainability claims. According to Euromonitor’s Voice of the Consumer: Sustainability survey, fielded January to February 2023, there is growing demand for sustainable foods and beverages that are locally sourced or manufactured, with the percentage of consumers expressing this preference increasing from 31% in 2022 to 33% in 2023 in Australia.
Meat and seafood substitutes is expected to receive further investment and expansion to enhance taste, appearance, and variety during the forecast period. In terms of taste improvement, food tech companies such as Nourish Ingredients are unveiling animal-free fats that mimic the taste, smell, and cooking experience of traditional meat without using animal ingredients or artificial chemicals.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Processed Meat, Seafood and Alternatives to Meat industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Processed Meat, Seafood and Alternatives to Meat industry in Australia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Processed Meat, Seafood and Alternatives to Meat
This is the aggregation of processed meat, processed seafood and meat and seafood substitutes.
See All of Our DefinitionsThis report originates from Passport, our Processed Meat, Seafood and Alternatives to Meat research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!