Australian plant-based meat product company v2food, a joint venture between CSIRO, Main Sequence Ventures and Hungry Jack’s franchisee Jack Cowin, has expanded its export reach into China. The company is now valued at more than half a billion dollars.
Online pre-sales of Australia’s first plant-based, certified-organic infant and toddler formulae are strong, at home and worldwide. The bad news? The formulae’s base ingredient, certified-organic rice, must be imported from the Middle East as it’s not available in Australia.
On 15 November 2020, Australia signed the Regional Comprehensive Economic Partnership (RCEP), alongside China, Hong Kong, Japan, New Zealand and all the ASEAN nations, together comprising the world’s biggest trading bloc.
Australian producers could profit from perusing this practical, data-driven exporters’ guide, which includes detailed information on Indonesia’s food and beverage market landscape, supply chains and regulatory framework for import.
China’s recent suspension of Australian meat exports highlights the need to improve supply-chain transparency and traceability, contends farmer and digital ag-tech entrepreneur Justin Webb in this opinion piece for AgFunder News.