Key Market Indicators
Australian food production is set to reach $36 billion by 2026. Growing at an average rate of 0.7% year on year, it reached $34.3 billion in 2021, putting the country at number 22. Thailand was ahead of Australia with $34.3 billion, while India, the United States and Brazil respectively ranked numbers 2, 3 and 4. Since 1966, Australia's food production has grown at an average rate of 1.3% year on year.