This analysis of food and beverage manufacturing companies’ turnover, would assist you furthermore in evaluating the success rate of the industry.
The rates vary each year depending on several factors such as local demand and international exports.
Here’s the food and beverage manufacturing companies’ cumulative turnover in Australia:
|Sr No||Food & Beverage Items||Australian Dollars (in million)|
|Processed & Fresh Seafood||964|
|Chocolates, Sugar and Other Confectionaries||9,162|
|Veggies and Fruits||5,220|
|Soft Drink and Syrups||6,019|
|Cereals, Pulses, and Grain Items||5,803|
|Oil and Fat Products||1,880|
|Meat and Packaged Products||29,512|
|Miscellaneous Food Items||11,906|
Conclusion On Food and Beverage Manufacturing Industry
As you can observe, the least demand for seafood products was the least which still brought in $964 Australian million dollars. Oil and fat items got in $1880 AUD (million). All major commodities did have a very close turnover including veggies & fruits, grains, soft drinks. Further, the bakery items brought about $8064 million AUD.
Whereas most demanding products include confectioneries and dairy products with a turnover of about $9,162 and $13765 AUD (millions).
The highest selling commodities are Meat and products calculating AUD $29,512m, And miscellaneous items contributing $11,906 (million) AUD.
Overall, the food and beverage manufacturers in Australia have brought up immense growth in the industry.