Australian organics aims for $1bln sales target
next five years reaching $1 billion in domestic and export sales by
2006, reports IndustrySearch this week.
The Australian organic industry aims to quadruple production in the next five years reaching $1 billion in domestic and export sales by 2006, reports IndustrySearch this week. As part of a five-year strategy launched by the Organic Federation of Australia (OFA) on Tuesday more than 2,000 producers will have to convert to organic farming to meet the target. Speaking at the National Organics conference in Sydney this week OFA chairman Rod May said that while the Australian organic market is expanding by up to 30 per cent each year, it remains fragmented with little cohesion between farmers, processors, retailers, certifiers and exporters, The OFA strategy aims to bring all the groups together, create regulatory guidelines and encourage traditional farmers to convert to organic. Currently organic products account for about 1 per cent of total agricultural production, earning about $300,000 in domestic and export sales. According to May if it is to expand, a strong regulatory and monitoring system would have to be introduced so that consumers could be certain products labelled organic met the proper standards. "The OFA will be lobbying government in the next two or three months prior to the election to secure their very strong commitment for putting into place regulations to protect the industry," he told reporters this week.