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Australia: Victoria gets new food innovation center
From left to right: Elesha Kelly, R and D end to end manager Monash University, Daryl Thompson, Design and visualisation manager, Monash University, Minister Noonan, Minister for Industry and Employment
The centre, based in Clayton, will be a one-stop-shop for food and fibre businesses to access world-class product and packaging design and development services, sensory evaluation, consumer testing, visualisation, and research laboratories.
As part of the Victorian Government's collaboration with the China based China National Cereals, Oils and Foodstuffs Corporation (COFCO) Group, the centre will provide new insights into Chinese consumer needs, regulatory requirements and better access to platforms to fast track export opportunities.
With the middle class population across Asia expected to grow to more than three billion people by 2030, there are real opportunities for Victorian food businesses.
Victoria's food and fibre sector employs 190,000 people and accounts for more than one quarter of national food and fibre exports, valued at $12 billion in 2014-15.
The Victorian Government has provided $2.5 million over three years for the establishment and expansion of the centre at Monash University and supports high growth sectors, such as the food and fibre industry, through the $200 million Future Industries Fund to boost growth and create jobs for Victoria.
Read more about Victoria's Food and fibre sector.
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Other news in this sector:
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