Food-sector report says NZ has potential to become a fruit bowl for Asia

Economic Development Minister Steven Joyce today released a report showing opportunities for further growth in the New Zealand fresh fruit sector, including into Asia.

The Coriolis Research report, Driving Growth in the Fresh Fruit Sector, says NZ’s fruit exports are shifting towards Asia and away from traditional markets like Europe and North America.

Joyce announced the report’s release in a media release (here).

“The report highlights that we can become a fruit bowl for Asia. Asian consumers prefer the sweetness and quality of New Zealand fruit and we are achieving considerable success there,” Mr Joyce says.

“New Zealand is sending fruit to more countries and there has also been a significant growth in the export value of fruit. Kiwifruit’s export value has almost doubled over the last decade, going from $567 million in 2002 to $1.043 billion in 2012.”

Industry comments in the report indicate that PSA has had a significant impact on the industry’s profitability, but export value growth is likely to continue into the future when the impact of the disease has passed.

The report highlights a number of potential directions for growth in the fresh fruit sector including new varieties, value-added products and new and emerging fruits.

“The report says that avocados, cherries and blueberries stand out as fruit that have the potential to create meaningful export growth. There are also opportunities to develop fruit extracts and ingredients for foodservice and nutraceuticals”, Mr Joyce says.

Driving Growth in the Fresh Fruit Sector is part of a series of reports released under the Food & Beverage Information Project, described as the most comprehensive analysis of NZ’s food industry ever undertaken.

The full report is available here.

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