Australia

The global agriculture industry recorded moderate positive growth in 2022, mainly driven by high commodity prices and global food inflation. Climate change, natural disasters, rising labour shortages, geopolitical tensions, rising protectionism and…

Value sales of premium and luxury cars remained fairly static at AUD11.3 billion in 2023, owing mainly to the challenges across the macroeconomic and geopolitical landscape. The shortage of new luxury cars available was a bottleneck for the industry.…

In 2022, Chobani from Bead Foods Pty Ltd launched a no added sugar yoghurt range, to meet the rising demand for healthier options. Yoghurt is considered a healthy food, containing nutritional benefits such as protein, calcium, and probiotics.…

Plant-based milk has been growing steadily in Australia, maintaining both value and volume growth, when its dairy counterparts have struggled to grow in terms of the latter measure. In a more recent development, the growth of oat milk has also been…

Personal luxury retail value sales rose by 9% in 2023 to reach AUD8.6 billion, supporting growth recorded by leading brand providers, such as Louis Vuitton Australia Pty Ltd and L’Oréal Australia Pty Ltd. 2023 value sales growth was boosted by…