The food and agribusiness opportunity in Western Australia could be worth almost AUD$26 billion by 2030 in value-added, resulting in 113,000 jobs
Taken together, the value of the 19 opportunities assessed in this study could be worth AUD26 billion in Western Australia by 2030, in terms of value-added. In perspective, this is over three times the current value-added by the food and agribusiness sector in Western Australia. These opportunities could result in 113,000 jobs, including the creation of more than 61,400 jobs – twice the state’s food and agribusiness workforce today. Similar to its current share of gross value-added in food and agribusiness, Western Australia ranks fourth among all states and territories in Australia in terms of 2030 opportunities by value-added. In terms of potential jobs created in 2030, Western Australia also ranks in fourth – however, this is one rank higher than its share of employment in 2018-19. Post-farm gate opportunities constitute over two-thirds of potential value-added and 70 per cent of potential jobs.