The Commonwealth Scientific and Industrial Research Organisation's (CSIRO) has published a Food and Agribusiness Roadmap to which identifies key growth areas for Australia's food exports.
The document was produced in collaboration with FIAL and names climate change, geopolitical instability and technological advances among the primary challenges facing Australian agribusinesses in the coming decades and warns that previous successes cannot be sustained through productivity improvements alone.
Five key growth enablers arose from industry consultation, each requiring a unique mix of science and technology investment, business action and ecosystem assistance:
1) Traceability and provenance
2 ) Food safety and biosecurity
3) Market intelligence and access
4) Collaboration and knowledge sharing
The report states that food fraud is estimated to cost around 40 billion U.S. dollars per year worldwide, with the United States (29.8%), China (13.6%) and India (12.6%) being the largest sources of fraudulent production. However, the report also highlights breakthroughs in tracking RFID chips, barcodes and QR codes in food labels and predicts that these will help address some of industry's concerns in traceability and provenance.