The food and agribusiness opportunity in the NT could be worth almost AUD$3.5 billion by 2030 in value-added, resulting in 13,000 jobs
Taken together, the value of the 19 opportunities assessed in this study could be worth nearly AUD3.5 billion in the Northern Territory by 2030, in terms of value-added. In perspective, this is over four times the current value-added by the food and agribusiness sector in the Northern Territory. These opportunities could also create over 12,000 jobs – over four times higher than the state’s food and agribusiness workforce today. Pre-farm gate opportunities constitute over 55 per cent of potential value added and potential jobs created. Export markets account for 27 per cent of these opportunities, while 53 per cent of the opportunities cater to improving production standards and supply chain capacity domestically.