APAC Outlook - issue 55

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INDUSTRY SPOTLIGHT

SPOTLIGHT ON AUSTRALIAN BEVERAGES COUNCIL LTD (ABCL) Championing sustainability and circularity, the Australian Beverages Council (ABCL) is the peak body unifying Australia’s non-alcoholic beverage industry Writer: Phoebe Harper | Project Manager: Krisha Canlas

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n the Australian economy, the food and beverage sector is a major force. As the country’s largest manufacturing industry, the sector is a key national economic driver and source of employment. From small players specialising in niche items, the range of industry members escalates to vast multinationals offering fast-moving consumer goods (FMCG). As a staple of Australian manufacturing, food and beverage is receiving renewed attention under the

22 | APAC Outlook issue 55

government’s Modern Manufacturing Strategy (MMS), launched in 2020, which aims to develop competition, scale, and resiliency on the global market backed by a $1.5 billion investment. Within MMS, the Australian government is supporting projects that will harness the sector’s strengths, leverage innovation to overcome barriers in value creation, and will effectively transform the industry by furthering its high-value and dynamic reputation.


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