The Department of Primary Industries and Regional Development (DPIRD) is highlighting a number of investment opportunities in an effort to boost development across 15 key areas.
The Department’s Business Opportunity Outline details opportunities in plant protein processing, plant-based milk, nutraceutical oat extracts, natural health supplements, hemp, animal-based health products, apples and other growth areas.
Executive Director of Agribusiness, Food and Trade at DPIRD, Susan Hall ( pictured) said the business openings reflected the State’s comparative advantage, diversification opportunities, value-adding prospects and development potential.
“WA’s agribusiness and food and beverage sectors have incredible potential for growth with demand strengthening in Asia and broader strategic export markets as well as domestically,” Ms Hall said.
“The example of plant protein processing opportunities reflects shifting consumer attitudes, changing eating habits and the growth of fitness activities that are supercharging demand for sustainable plant-based proteins that address health, environmental and social concerns,” she said.
Ms Hall said other opportunities such as pet food, essential oils, nutritional supplements, avocados and premium honey represented a few of many opportunities that would add value to the production base.
Supporting brochures provide summary-level information across the 15 areas to promote innovation and diversification across the State’s primary industries.
Further information can be accessed at this PS News link.