Australia Food Processing Ingredients 2025
A major driver of Australia’s manufacturing sector is its food, beverage, and grocery industries, which account for a third of all activity. Recent growth has been strong, with an 11% increase in turnover to US$107 billion in 2022-23. In 2024, Australia’s imports of food processing ingredients totaled US$13.6 billion, of which the United States provided US$1.4 billion.