Food Innovation Australia Ltd (FIAL) has recognised 50 innovative companies from across the Australian food, beverage, packaging and agribusiness sectors in the second edition of its innovation book.
The book, Celebrating Australian Food and Agribusiness Innovations, showcases diverse innovations from across Australia’s food and agribusiness industry and were chosen by an expert panel of judges from industry, academia and research, according to FIAL.
FIAL created the book to share the success stories of companies that overcame challenges, in order to inspire the industry and to motivate change.
Stories in the book, which was launched at the Australian Food and Grocery Council conference in Brisbane last week, come from micro businesses right up to multinationals, and span the entire food and agribusiness value chain.
Innovations featured include new varieties of wheat and novel ingredients, revolutionary packaging formats and alternative processing methods.
Each are aligned to one of seven global megatrends, as identified by the Commonwealth Scientific and Industrial Research Organisation (CSIRO), that are shaping the world as we know it today and into the future.
These megatrends include an ageing global population; rapidly evolving digital economy; consumer demand for products that are highly personalised and aligned to their values; an increasing focus on health and environmental concerns; and the continuing growth of Asian economies and their appetite for quality food and beverage products.
FIAL managing director Mirjana Prica came up with the concept for the book as a way to celebrate industry success stories.
“In 2016, the book was the first of its kind. Twelve months on, we are thrilled to be launching a second edition. The book not only highlights success stories but demonstrates how the industry is collectively sharing and overcoming challenges to build our competitiveness in the global marketplace.”
CSIRO agriculture & food director, John Manners said, “A vibrant food and agribusiness sector will use innovative thinking across the value chain to drive sustainable growth and profitability.”
“Companies from across the industry can use this book to inspire their own innovation journey.”
A copy of the book can be ordered at www.fial.com.au.
