the australian food and beverage landscape

THE
AUSTRALIAN
FOOD AND
BEVERAGE
LANDSCAPE
Market insights, consumer
trends and opportunities
for New Zealand
businesses
2016
newzealand.com/business
© Copyright New Zealand Trade and Enterprise (NZTE) 2016
Disclaimer: No part of this publication may be distributed or copied for any
commercial purpose nor incorporated in any work or publication (whether in
hard copy, electronic or any other form) without the prior written consent of
NZTE. While NZTE has verified the information in this document, we make
no representation as to the completeness, correctness, currency, accuracy
or purpose of the information. NZTE will not be responsible for any damage
or loss suffered by any person arising from the information contained in this
document, whether that damage or loss arises from negligence or otherwise.
CONTENTS
Foreword
2
What’s new
3
The Australian food and beverage retail market
4
Retail growth trends
8
Foodservice trends
10
Foodservice facts and figures
12
Tips for doing business in Australia
14
Useful contact information
15
Taste the opportunity across the Tasman
16
PLEASE NOTE:
The research findings and statistics from page 2 – 9 are from Retail Oasis,
commissioned by New Zealand Trade and Enterprise.
The foodservice information and statistics from page 10 – 13 are supplied
to New Zealand Trade and Enterprise by Food Industry Foresight.
THE AUSTRALIAN FOOD & BEVERAGE LANDSCAPE
1
Australia’s food and
beverage industry
is one of the most
competitive and
dynamic in the
world – driven by
consumers seeking
greater diversity,
quality and value
in their food and
beverage choices.
The Australian economy is entering
its 25th consecutive year of growth –
the second largest continuous period
of any advanced economy in the
world. Of this growth, the food and
beverage industry continues to be a
major contributor, with a turnover of
approximately A$94 billion in 2015.
Changing consumer sentiment and
shopping behaviours, the entrance
of major overseas retailers and a
shift towards private label products
are significantly influencing trading
conditions – presenting exciting
opportunities for export-ready
New Zealand companies.
WHAT’S NEW
Shopping habits
are changing
Embracing health
and wellness
The once-a-week grocery shop
is now a thing of the past, with
Australians shopping multiple times
over a weekly period. While most
shopping is still done at major
supermarkets, Australians like
to support local and independent
outlets and specialist stores for
premium or organic products.
Increasing urbanisation has
also seen the rise of convenient
smaller format stores and pop-up
restaurants in CBD areas, as
well as more online stores and
delivery apps.
The growing threat of serious
health epidemics such as obesity,
diabetes and heart health has led
to a significant shift in the way
Australians manage their health and
wellness. This has led to a thriving
innovation culture within food and
beverage. Wellness is a trend that
is here to stay.
The rise and rise of
private label
There is an ongoing tension
between high quality and price,
and today, price is winning. As a
result, there is a growing focus
on private label products by the
major supermarket chains. Once
considered a poorer substitute,
private label products are now
considered acceptable amongst
Australians. The entrance and
rapid growth of overseas players
such as Aldi and Costco has also
forced Australian industry giants
Woolworths and Coles to expand
their own private label ranges.
The trend for consumers switching
to purchasing organic products is
increasing. Those avoiding the
organic price premium are seeking
‘natural’ products, such as those
free from additives, sugar, gluten,
dairy and genetic modification.
Supplemented products to boost
wellness, such as vitamins, minerals
and superfoods is also booming,
particularly around new flavour
trends such as kale, turmeric
and quinoa.
This includes the rise of singleserve, two servings, multi pack
and mini variants of pantry items
and partially prepared foods such
as the Hello Fresh concept.
Sustainable future
Sustainability is a mainstream
concern for Australians and it
is not just about environmental
credentials. Australians are willing
to pay a premium for ethically
sourced food, including those with
Fair Trade credentials, free-range
and cruelty-free animal products,
and those demonstrating
sustainability.
Growth of premium
Australians are more food savvy
than ever. Thanks to Masterchef
and My Kitchen Rules, Australian
expectations of food and beverage
quality is at an all-time high, although
consumers are still price conscious.
The new convenience
The decreasing size of the average
Australian household and the rise
of the health conscious, time-poor
consumer is driving a push for more
fresh and healthy food and snack
options for eating and drinking
on the go.
Australian Food & Beverage Landscape Analysis and
Opportunity 2016 by Retail Oasis, commissioned by NZTE
THE AUSTRALIAN FOOD & BEVERAGE LANDSCAPE
3
THE AUSTRALIAN FOOD AND
BEVERAGE RETAIL MARKET
A$22,620
A$16,200
million
A$8,541
million
million
Staple food
Liquor
Fresh bread and cakes
Includes baby food (excluding
formula), cold and hot
beverages, biscuits, breakfast
cereals, cake mix, cakes and
desserts, condiments,
confectionery, cooking needs,
dried fruit, eggs, fish, frozen
foods, fruit – shelf stable, health
food, international meals, jams
and spreads, noodles and
noodle sauces, pasta and pasta
sauces, rice, snack foods, soups,
sugar and sugar substitutes.
Includes packaged and off
premise beer, wine, spirits, RTD/
RTS and cider.
Includes bread and bakery
products produced in-house
at supermarkets, supermarket
packaged bread and bakery
snacks, deli breads, cakes,
pastries and other bakery
products, white bread,
wholemeal and seeded bread,
artisan bread, mixes, cakes,
savouries and sweets, hot
pastries and pies.
A$12,597
million
Fresh fruit and vegetables
Includes all fresh fruit and
vegetables.
A$15,004
Includes beef, veal, poultry,
lamb, pork, seafood, other fresh
meats and deli meats.
million
A$14,663
million
Fresh meat, fish
and poultry
A$4,707
Convenience and fuel
retailing
million
Includes beverages, snacks,
confectionery and ice-cream,
groceries, ready-to-eat food
and fuel retailing (includes food
and grocery).
Dairy and deli
Includes cheese, chilled bread
and dough, chilled dairy, chilled
dips, butter and blends, nondairy spreads and milk.
A$1,636
million
A$344
million
Online grocery
Online liquor
Includes pantry, convenience and frozen foods,
fresh food, dairy, eggs and beverages.
Includes wine, spirits, beer, cider and other
alcoholic beverages.
Australian Food & Beverage Landscape Analysis and
Opportunity 2016 by Retail Oasis, commissioned by NZTE
Woolworths and Coles
remain the overwhelmingly
dominant supermarket
operators in Australia.
However, newer entrants
such as Aldi and Costco
are gaining ground.
WHERE THE OPPORTUNITIES LIE
Category
Rice crackers
Breakfast additives
Cakes
($M)
Volume
% change
in value
% change
in volume
128.74
7,930 tonnes
6.60%
14.50%
3.36
955 tonnes
-11.40%
-19.80%
175.57
34.3m units
-3.30%
-11.2
Cheesecake
11.68
2.3m units
32.20%
35.70%
Pie
2.76
0.5m units
8.70%
-3.40%
Tarts
2.34
0.5m units
36.10%
1.10%
52.80
19.7m units
8.20%
4.60%
Block chocolate
574.31
N/A
7.90%
N/A
Boxed chocolate
364.32
N/A
8.60%
N/A
Chocolate bars
301.07
N/A
8.10%
N/A
Chocolate bites
195.80
N/A
11.40%
N/A
Stock
138.80
30,352 tonnes
2.40%
7.20%
Free-range eggs
Vinegar
371.89
63m dozen
10.10%
9.30%
Barn eggs
77.20
16m dozen
7.30%
10.30%
Organic eggs
21.53
2.3m dozen
16%
16.20%
87.00
4718.8 tonnes
-7.40%
-7.50%
Salmon
Shellfish
12.90
513.0 tonnes
-7.00%
-8.00%
Fruit – shelf stable
219.60
41,054 tonnes
-2.90%
-10.90%
Nutritional snacks
84.03
29.1m units
10.60%
-0.60%
Snack foods (health food)
50.66
13.5m units
16.60%
5.20%
Seeds and grains
49.43
7m units
0.90%
-7.80%
Biscuits (health food)
44.49
12.2m units
8.20%
6.30%
Cooking (health food)
42.01
7.1m units
40.60%
20.10%
Nuts (health food)
38.31
5.6m units
-8.20%
-13.20%
Pasta (health food)
14.00
4m units
-9.10%
-9%
5.77
1m units
-2.40%
-13.70%
Dried fruit
Beverages (health food)
5.35
1.1m units
12.70%
19.20%
Meal fixes (health food)
4.53
1.5m units
-25.70%
-28.90%
Confectionery (health food)
2.47
0.7m units
3.10%
7.10%
Wraps and breads (health food)
0.41
0.1m units
-84.50%
-83.80%
Chocolate hazelnut spreads
77.50
7,935 tonnes
15.50%
9.50%
142.20
9,577.9 tonnes
12.30%
-6.30%
Fresh noodles and sauce
11.30
4.6m units
-7.50%
-6.40%
Nuts (snack foods)
117.10
7,928.9 tonnes
23.30%
15.80%
Soups
250.60
61,769 tonnes
-19.57%
-5.75%
Cheese
Honey
4,357.24
281,471m tonnes
21.50%
21.50%
Butter and blends (chilled spreads)
337.62
40,151.86m tonnes
6.50%
7.40%
Non-dairy spreads
374.67
107.05 units
-9.30%
-7.40%
486.00
N/A
4.50%
6.80%
Cider
% change in value and % change in volume represents changes when comparing the 2015 calendar year to the 2014
calendar year. Highlighted green categories represents the greatest positive % change in value and/or volume. Products
in bold, black font highlights the most negative % change in value and/or volume.
TOP 10 FOOD AND BEVERAGE RETAILERS IN AUSTRALIA
Retailer
Market share
2015
Market share Total turnover
2012
(AUD$B)
1.Woolworths
31.0%
32.4%
29.8
2. Wesfarmers (Coles)
26.4%
25.6%
22.8
3. Metcash (IGA)
7.0%
7.9%
7.6
4.Aldi
6.9%
3.7%
5.1
5.Australian United Retailers (FoodWorks)
1.8%
unknown
1.4
6.SPAR Australia (SPAR, 5 STAR and Jardin Fresh Life)
1.6%
unknown
1.2
7.Costco
1.5%
0.9%
1.1
8. Caltex Australia
0.8%
0.9%
0.4
9. 7 Eleven
0.6%
0.5%
0.3
10. BP Australia
0.5%
Woolworths
Aldi
Costco
Parent company:
Woolworths Food Group
Stores: 961
Parent company: Aldi
Stores: 400+
Parent company: Australian
Costco Connection
Stores: 8
Woolworths is Australia’s largest
supermarket chain. It has recently
launched a refreshed private label
strategy that rationalises their
private label to two tiers, Essentials
(better quality Homebrand) and
Select (mid-tier quality).
Coles
Parent company: Wesfarmers
Stores: 770+
Coles continues to cement their
everyday low price strategy,
resulting in increased revenues
for 2015. Coles has strengthened
its brand proposition by investing
in new fit outs and categories such
as bakery and food to go.
Aldi has secured a strong following
since launching in Australia in 2001.
Woolworths, Coles and Aldi are
generally competing for the
same consumers.
IGA
Parent company: Metcash
Stores: 1,400
0.3
Costco is yet to penetrate the
market in any significant way,
although consumers show that
they are willing to travel to Costco
stores for the perceived value.
Interestingly, Costco shoppers
come from both ends of the
socio-economic spectrum.
Metcash continues to have a
smaller but still strong market
influence through its stores,
which are franchise and licensee
owned. These differentiate from
Coles and Woolworths as local
neighbourhood stores supporting
community initiatives.
Australian Food & Beverage Landscape Analysis and
Opportunity 2016 by Retail Oasis, commissioned by NZTE
THE AUSTRALIAN FOOD & BEVERAGE LANDSCAPE
7
RETAIL GROWTH TRENDS
Price deflation from the expansion of private label products
is expected to constrain revenue growth across bricks-andmortar stores. Meanwhile, online retailing is set to take off.
Supermarkets
(bricks-and-mortar/online)
Liquor retailing
(bricks-and-mortar/online)
Annual growth
Annual growth
3.8% 2.2%
3.2% 2.8%
Fierce competition, the continued
expansion of private label and the
growth of discount companies such
as Aldi and Costco will continue to
influence shopping trends over the
next five years.
The industry is expected to
continue growing over the next
five years driven by expanding
interest in premium product and a
rise in consumption rates at home.
Independent liquor retailers are
expected to feel the squeeze and
will be forced to band together
to compete.
FY11-16
FY16-21
FY11-16
FY16-21
Supermarkets
(online only)
Liquor retailing
(online only)
Annual growth
Annual growth
15.3% 13%
10.9% 7.8%
The use of virtual grocery stores
is anticipated to become more
common, with retailers capitalising
on the growing use of mobile
devices like smartphones and
tablets.
Like supermarkets and grocery,
online alcohol purchases are
expected to increase as delivery
systems and technologies continue
to improve. The sector will remain
an attractive option for consumers
due to its diverse product range
available at competitive prices.
FY11-16
FY16-21
FY11-16
FY16-21
Trends per category
Fruit and vegetables
Rising disposable incomes, and
awareness of health benefits for
fruit and vegetables, will likely
drive higher consumer demand
over the next five years
Bread and bakery
Alternative bread such as gluten
free and artisan loaves are on
the rise
Meat and seafood
Demand for ethically sourced
meats and seafood
Deli
Decline in traditional delis, some
consumer rejection of processed
foods and high fat content
Dairy
Rise of premium offers such as
in ice-cream and alternative milk
Confectionery
Challenge to provide “free-from”
options. Rise in premium
confectionery, particularly
chocolate
Fresh prepared meals
Race to establish high-quality,
competitive prepared meal
options
Pantry and other
Polarisation in pantry goods
between own brand, basic
and premium offers
Alcohol
Wine and spirits on the rise as are
boutique beers, healthier beers
and ciders
Non-alcoholic beverages
Juice, bottled water and coconut
water continue to boom
Flour, cereal and pasta
Rise of new grains and cereals
as a new source of low GI food
Australian Food & Beverage Landscape Analysis and
Opportunity 2016 by Retail Oasis, commissioned by NZTE
Vegan
Australia is the third fastest
growing vegan market in the
world behind the UAE and China.
THE AUSTRALIAN FOOD & BEVERAGE LANDSCAPE
9
FOODSERVICE TRENDS
Around
THE FOODSERVICE DOLLAR
65
%
of the Australian
population dine out at
least once per month.
%
45
40
35
30
25
The foodservice dollar
depicts the percentage of
Australian households’ food
and non-alcoholic beverage
expenditure spent on eating
out-of-home. It portrays a
nation’s propensity to eat out
and the overall development
of a foodservice market.
In 1960, Australians spent
12 CENTS
in every food and beverage
dollar on eating out
By 1980, eating out more
than doubled, rising to
25 CENTS
in every dollar
In 2005, eating out peaked at
38.4 CENTS
in every dollar
From 2012 to 2015, eating out
stabilised at around
20
15
10
5
0
1960
1965
1970
1975
1980
1985
Foodservice market
channels in Australia
There are 82,707 foodservice
outlets nationally spending a total
of A$15.5 billion on food and
non-alcoholic beverage.
The commercial sector
Three quarters of the foodservice
market in Australia is commercial,
such as restaurants, hotels and
cafes.
Of the more than 62,000 commercial
foodservice outlets in Australia,
around 80 percent are located on
the eastern seaboard (Queensland,
New South Wales and Victoria).
33.5 CENTS
in every dollar
Research supplied to NZTE by Food Industry Foresight
1990
1995
2000
2005
2010
The institutional sector
One quarter of the Australian
foodservice market is made up
of institutional outlets, such as
hospitals, day care centres and
military messes.
2015
FOODSERVICE MARKET CHANNELS AUSTRALIA
INSTITUTIONAL SECTOR – MARKET SIZE: A$2.3 BILLION
HEALTH
1
EDUCATION
2
MILITARY
CORRECTIONAL
WORKPLACE
CANTEENS
Military messes
Prisons
Factory
canteens
Hospitals
Children’s day
care centres
Nursing homes
Primary and
secondary
schools
Office canteens
Tertiary
institutions
Mining Site
canteens
Notes:
1.
Includes aged care and other welfare
facilities serving food
2.Includes only schools with canteens.
COMMERCIAL SECTOR – MARKET SIZE: A$13.3 BILLION
FULL SERVICE
RESTAURANTS
(FSR)
(15,300+)
HOTELS/
3
MOTELS
(4,200+)
CAFÉS
4
(13,700+)
QSR CHAINS
(18,200+)
5
QSR
INDEPENDENTS
CATERERS
(3,000+)
CLUBS
(1,800+)
Independent
fast food
outlets
Institutional/
contract
Social/sports
clubs
Other private
clubs
4/5 Star
restaurants
4/5 Star
hotels/resorts
Café/coffee
shop chains
International/
western fast
food chains
Mid to low end
restaurants
2/3 Star
hotels/resorts
Café/
coffee shop
independents
Regional/
local fast food
chains
Sole/ function
operators
Motels
Bakery chains
with café
Snack food
chains
Airlines
Bakery
independents
with café
Ice-cream
chain outlets
Notes:
PUBS
(3,400+)
FUNCTION
CENTRES
(900+)
SPORTING
VENUES
(1,300+)
Juice bars
3.Only outlets serving food included
4.Includes both local and international
5.Includes dine-in take-away and home delivery.
THE AUSTRALIAN FOOD & BEVERAGE LANDSCAPE
11
FOODSERVICE FACTS AND FIGURES
Over the last five years,
the trend to dine out
has stabilised, with
Australians typically
spending around
PERCENTAGE OF THE AUSTRALIAN POPULATION DINING
OUT AT LEAST ONCE A MONTH
%
100
90
80
33.5
%
of their food and
non-alcoholic beverage
budget on foodservice.
87%
70
73%
65%
60
56
50
—— The total number of restaurants
has remained the same
—— The number of independent
cafés has grown by
approximately 3 percent
—— There has been virtually no
growth in café and coffee chains
—— Fast food chains have declined
by almost 3 percent as this
market reaches a plateau
—— There has been a considerable
decrease in the number of snack
food chain outlets, with this
sector reducing by 11 percent
in one year
—— The number of pubs has
increased by almost 4 percent.
%
59%
57%
MAY
2014*
NOV
2014
64%
40
30
20
10
0
MAY
2011
Channel movements
73%
MAY
2012
NOV
2012
MAY
2013
Foodservice opportunities
—— In the past couple of years
there has been strong growth
in the breakfast and brunch
meal services
—— Australia is now a coffee
loving nation
—— Hamburgers are becoming
more popular fare at pubs
—— Gluten free products are small
but consistently growing
—— Cafés have experienced strong
growth in casual dining, with
the rise in lunch meals served
—— There has been growth in
the number of meals served
by hotels, with breakfast
being one of the largest meal
segments in this channel.
Research supplied to NZTE by Food Industry Foresight
NOV
2013
MAY
2015
Value and volume by category*
The rise of health awareness amongst Australians has impacted on the
foodservice industry, with many operators responding by introducing
healthier choices that are low in, or free of, fat, sugar and salt. This has
also impacted on the value and volume of food and beverage bought
in each category.
A$2.5M
14% 14%
A$1.5M
10% 20%
approx value
percentage
of market
approx value
percentage
of market
volume
of market
Beverages
volume
of market
Dairy
A$6.5M 41%
approx
value
percentage
of market
19%
volume
of market
Fresh meat, fish, seafood and poultry
A$1M
6% 11%
approx value
percentage
of market
volume
of market
Breads, flour, pasta, cereal
and biscuits
*2014 figures
A$3M
18% 21%
approx value
percentage
of market
Fruit and vegetables
volume
of market
TIPS FOR DOING BUSINESS
IN AUSTRALIA
Compared to New Zealand,
Australia is a pretty big
place – both in landmass
(it is the sixth largest country
on the planet) and population
(more than 24 million). For
New Zealanders looking to
break into the market, it can
be a daunting place.
Despite the increased competition,
there is also increased opportunity.
The key is understanding the
subtle, yet very real, business and
cultural differences and learning
to adapt your business approach
to maximise opportunity.
Gaining credibility in
Australia
You may have built a successful
business in New Zealand, but that
won’t mean much in Australia.
Do not assume that flavour profiles
and packaging that work in
New Zealand will be successful
across the Tasman. You will need to
show you can perform consistently
in Australia to build your reputation.
Professional Advice
Ensure you seek professional advice
before you sign any contract (be it a
distribution partnership, employing
staff or leasing property). Seeking
advice early can help you avoid
unwanted pitfalls.
Capacity and cash flow
If you are targeting the major
supermarkets, Coles and
Woolworths, you will need to
ensure that you are well prepared
and have the capacity and cash
flow to respond.
Australia’s major supermarkets
work differently to New Zealand’s
supermarkets, so you need to
understand the buyers through
meeting with them and
doing research.
trying to establish relationships from
a distance or overly relying on their
distributors to sell their product
for them. Be prepared to spend
significant amounts of time on the
ground, face-to-face.
Understand your costs
Expect longer sales cycles
Costs will vary depending on how
you choose to sell into the market –
distributor, agent, direct etc.
Distributor and retailer margins,
transport and delivery costs are
higher in Australia. Get a thorough
understanding of all the costs
involved and develop a well thought
out pricing strategy that will allow
for different margin requirements
for different channels.
Australia’s larger companies and
Government have much longer
sales cycles compared to in
New Zealand. Typically they can be
anywhere from six months to two
years. It is important to nurture
these relationships, to understand
the proposal/procurement process
and make sure you take time to
effectively respond to the brief.
Don’t be afraid of a little
sport talk
Succeeding in Australia is a lot
about having the right attitude.
There is more competition in
Australia, which is why, in business,
Australians tend to be more
direct. Know your unique value
propositions, get to the point
quickly and be prepared for some
knock backs. Factor in some time
to adjust and learn each market,
state by state and don’t give up
after one or two rejections.
No matter what you are selling,
sport can provide an excellent way
to build rapport with Australian
business partners. On-the-field
rivals we may be, but in business,
Australians love talking sport with
New Zealanders in a humorous and
friendly manner.
Recognise state differences
Australia is not a single market. Each
state has its own regulation and
legislative requirements as well as
cultural differences. Having access
to local networks and resources that
help you understand and manage
those differences is crucial.
Develop local relationships
In Australia, building relationships
is vital. Too many New Zealand
businesses make the mistake
Be resilient
Attend events
Networking events can often be full
of very useful contacts who you can
meet informally afterwards.
USEFUL CONTACT INFORMATION
Getting set up in Australia
NZTE
nzte.govt.nz
Australian Taxation Office
ato.gov.au
Australian Business Register
abr.gov.au
Australian Stock Exchange
asx.com.au
Committee for the Economic
Development of Australia
ceda.com.au
Australian Bureau of Statistics
abs.gov.au
Understanding Australian
regulation
Department of Agriculture
agriculture.gov.au
Customs
border.gov.au
Australian Competition and
Consumers Commission
accc.gov.au
Product Safety Australia
productsafety.gov.au
Standards Australia
standards.org.au
Therapeutic Goods Administration
tga.gov.au
National Industrial Chemicals
Notification and Assessment Scheme
nicnas.gov.au
The Sydney Morning Herald (NSW)
smh.com.au
The West Australian (WA)
thewest.com.au
Trans Tasman Business Circle
buscircle.com
The Courier Mail (QLD)
couriermail.com.au
The Adelaide Advertiser (SA)
adelaidenow.com.au
KEA New Zealand
keanewzealand.com
The Mercury (TAS)
themercury.com.au
Kiwi Connect
kiwiconnect.org
Northern Territory News (NT)
ntnews.com.au
Kiwi Expats List
kiwiexpatslist.com
Inside Retail
insideretail.com.au
Connect Web
connectweb.com.au/directories.aspx
Online Retailer
onlineretailer.com.au
Accountants, lawyers
and consultants
The Grocery Guide
thegroceryguide.com.au
Institute of Public Accountants
publicaccountants.org.au
Food Source
food-source.com.au
Charted Accountants
charteredaccountants.com.au
Media services
PR Wire
prwire.com.au
The Institute of Patent and Trade
Mark Attorneys of Australia
ipta.org.au
Public Relations Institute of Australia
pria.com.au
SBMS Experienced Business Mentors
sbms.org.au
AAP MediaNet
aapmedianet.com.au
iSentia
isentia.com
Media
Capital raising
Australian Financial Review
afr.com
Australian Private Equity and Venture
Capital Raising Association Limited
avcal.com.au
News Limited
news.com.au
Australian Small Scale Offerings
Board
assob.com.au
The Age (VIC)
theage.com.au
Business Strategies International
bsi.com.au
Networking groups/associations
Austrade
austrade.gov.au
Smart Company
smartcompany.com.au
Business Angels
businessangels.com.au
Australian Securities and Investment
Commission
asic.gov.au
General business information
business.gov.au
The Australian
theaustralian.com.au
The Australian Association of
Angel Investors
aaai.net.au
ABC
abc.com.au
THE AUSTRALIAN FOOD & BEVERAGE LANDSCAPE
15
TASTE THE OPPORTUNITY
ACROSS THE TASMAN
About NZTE
New Zealand Trade and Enterprise
(NZTE) is the Government’s
international business development
agency. Our purpose is to grow
companies internationally – bigger,
better, faster – for the benefit of
New Zealand.
We work to increase New Zealand
companies’ international success
by helping them boost their
global reach and build capability.
We use our connections and
Government influence on behalf
of businesses, and apply local
knowledge – from the NZTE team
and a network of private sector
experts – to help them enter and
grow in international markets.
We also link businesses with
services designed to improve
efficiency and operations, spark
innovation, refine strategy, enhance
leadership, and access capital –
building the capability they need
to be successful. More successful
international businesses will
grow our economy to benefit all
New Zealanders, by providing jobs
and raising our standard of living.
We also work alongside our NZ
Inc partners within Government
and the business community to
protect and build credibility in our
national brand – helping businesses
to open doors in global markets.
Talk to us
NEW ZEALAND TRADE
AND ENTERPRISE
P: 0800 555 888
E:[email protected]
nzte.govt.nz
New Zealand Trade and Enterprise
has offices based in the following
Australian cities:
—— Sydney (regional office)
—— Melbourne
—— Brisbane.
© Copyright New Zealand Trade and Enterprise (NZTE) 2016
Disclaimer: No part of this publication may be distributed or copied for any
commercial purpose nor incorporated in any work or publication (whether in hard
copy, electronic or any other form) without the prior written consent of NZTE. While
NZTE has verified the information in this document, we make no representation as
to the completeness, correctness, currency, accuracy or purpose of the information.
NZTE will not be responsible for any damage or loss suffered by any person arising
from the information contained in this document, whether that damage or loss
arises from negligence or otherwise.
ISBN: 978-0-908344-36-9 June 2016