Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Strong growth opportunities in the food and beverage sector

Hon David Parker

Minister for Economic Development


14 March 2018

Strong growth opportunities in the food and beverage sector

Three reports launched today by Minister for Economic Development David Parker show New Zealand’s food and beverage sector is growing quickly.

“The Food and Beverage reports highlight double digit growth across many non-traditional categories in the sector,” says Mr Parker.

“That’s great news for our economy, in particular our regions who are well placed to capitalise.

“Leading products include mānuka honey, chocolate, cherries and shellfish all showing strong growth.

“The reports highlight that authentic and natural products utilising New Zealand’s brand attributes are attracting significant price premiums, which is great news for our producers.

“It’s important we as a Government continue to support innovation in the sector while fostering the economic conditions for it to thrive,” says Mr Parker.

The reports are part of the Ministry of Business, Innovation and Employment’s Food and Beverage Information Project. They identify 51 high growth non-traditional categories with export revenue of over NZ$10 billion.

They also profile the 20 food and beverage categories that have shown very strong growth and have significant upside. Exports of these 20 categories were valued at NZ$3.64 billion in 2016 and have grown at 14 per cent a year over the past five years.

“The coalition Government is committed to expanding the economies of New Zealand’s regions,” says Mr Parker. “Reports like these are vital resource which help private enterprise, economic development agencies and officials target areas likely to provide the greatest economic benefit.”

The reports are available from

http://www.mbie.govt.nz/info-services/sectors-industries/food-beverage/information-project


ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Whether Trump Is Likely To Be Impeached

'Tis the season to be jolly, and for wrapping a plea bargain under the Christmas tree for all ye formerly merry, Trump-connected gentlemen.

Reportedly, Michael Cohen, Paul Manafort and Michael Flynn have all been co-operating with the probe led by special counsel Robert Mueller.

Flynn has done 19 interviews so far. So what chance has the Trump presidency got of surviving, all things considered? More>>

 
 

Dealing Crackdown, Addiction Support: Government Action On Synthetics

The NZ Drug Foundation has welcomed the Government’s response to synthetic drug deaths. The response strikes a balance between giving law enforcement the tools they need to target criminal networks and changing drug law to make it easier for people to access help when they need it. More>>

ALSO:

Strategy Committee Unanimous: Wellington To Forge Ahead With Convention Centre

The three-storey Cable Street building, with around 18,000-square metres of floor space, will comfortably be able to host 1500 people for conventions. It includes a 1651sq m exhibition area that will attract international exhibitions too big for nearby Te Papa and provide an always-changing visitor attraction. More>>

ALSO:

Surveying The Surveillance: First IGIS Review Of Warrants Under New Act

The report sets out the Inspector-General’s interpretation of the new warrant provisions under the ISA and her expectations of the GCSB and NZSIS when they prepare warrant applications. More>>

SSC: 2018 Public Service Workforce Data Published

State Services Commissioner Peter Hughes has published the 2018 Our People, Public Service Workforce Data , which shows the Public Service is making significant progress in important areas. More>>

ALSO:

Sinking Cap: Auctions, Permanent Forests, Added To ETS

The move to auctions, signalled in an August consultation paper, will help put a cap on the number of emission units available over time. Annual announcements, looking forward five years, will help provide certainty for scheme participants, she said. More>>

ALSO:

Joint Select Committee Report: Achieving Smokefree 2025

In a historic first for select committees, the Māori Affairs Committee and the Health Committee presented their joint report on achieving the Smokefree 2025 goal to the House on Tuesday, 11 December 2018. More>>

"Shared Interests And Democratic Values": Peters To Visit USA

Deputy Prime Minister and Foreign Affairs Minister Winston Peters will travel to Washington D.C. for talks with US Secretary of State Michael R. Pompeo and other senior members of the US Administration. More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels