This project identifies high potential growth opportunities in New Zealand food and beverage exports.
New Zealand has a clear comparative advantage in food & beverage (and the wider agricultural value chain). Food & beverages exports are $29b and account for 43% of New Zealand’s total exports (goods and services).
New Zealand has a long history in producing and exporting food & beverages. New Zealand firms have a limited number of large export categories, including dairy, beef, lamb, seafood, apples and more recently kiwifruit. Wine has also emerged in the last 20 years to become a billion dollar export. Growth has come from more volume but more importantly more value.
Past research as part of the Food & Beverage Information Project (see Emerging Growth Opportunities 2012) identified a range of growing and emerging export sectors.
Industry and the government recognise that high growth industries typically need new capital and new capabilities to continue to grow and develop.
Coriolis and the Ministry of Business, Innovation and Employment 2017