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Food: Fall back in love with lunch

Woolworths HY Profit Up 28 0%; Sees Endeavour Separation To Take Place In June 2021

Woolies digital, loyalty and ecom strategy delivering results in H1 FY21

Woolies digital, loyalty and ecom strategy delivering results in H1 FY21
mumbrella.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mumbrella.com.au Daily Mail and Mail on Sunday newspapers.

New Venture Capital Raising for Food and Beverage Industry

  Answer: A research conducted by Friedman School of Nutrition Science in 2017 ranks New Zealand and Australia as the world’s biggest consumers of fruit juice in the world (Theisinger, & Smidt, 2017). Australia is also ranked fifth in the consumption of Alcohol only behind Germany, Norway, Finland and the Netherlands. The demand for beverage products such as juice as well as alcohol thus provides a ready market for any startup seeking to set up shop in the country (Kemp, 2013). The revenue from the food is also projected to rise rapidly in the coming years as a result of consumer demand. The beverage industry is thus a very viable investment venture for willing entrepreneurs.

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