![\"1mod-4-artisan-food-350.jpg\"](\"\/wp-content\/uploads\/2012\/07\/1mod-4-artisan-food-350.jpg.jpg\")
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Australia may have a supermarket duopoly that is allegedly squeezing suppliers, but that doesn\u2019t mean there aren\u2019t opportunities for the right kind of products.<\/p>\n
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Over the past five years, Australia\u2019s organic farming industry has grown at a robust pace of 11.6% per annum and IBISWorld expects the industry will continue to soar, increasing its revenue by 14.9% over 2012-13 to be worth $578.9 million.<\/p>\n
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Demand for organic produce has been mainly driven by growing consumer interest in sustainable food production and rising disposable incomes.<\/p>\n
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Supermarkets have responded quickly to increasing demand for organic products by increasing organic product ranges to improve accessibility.<\/p>\n
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This has resulted in supermarkets accounting for around 60% of all organic sales, although supply chain challenges remain an issue for organic producers.<\/p>\n
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Traditional food retail should survive and prosper too, albeit in a different form. For example, the recent financial woe faced by chocolate retailer Darrel Lea shouldn\u2019t deter start-ups from this area.<\/p>\n
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\u201cIn the chocolate bar segment, you\u2019re going up against heavyweights \u2013 the Nestl\u00e9s and Cadburys of the world,\u201d says IBISWorld analyst Naren Sivasailam. \u201cIt\u2019s going to be very hard to compete with those given their brand recognition.\u201d<\/p>\n
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\u201cBut in the premium high end \u2013 fine chocolates made experientially by expert chocolatiers \u2013 that market has been growing by about 14-15% a year.\u201d<\/p>\n
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\u201cFair trade chocolate is the biggest growth segment \u2013 it has experienced growth of about 11,000% in the last five years but that\u2019s going off a base close to zero.\u201d<\/p>\n
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\u201cIt doesn\u2019t mean it\u2019s premium, but it\u2019s appealing to certain ethical stances of consumers. Consumers care about this, and producers will lose out if they don\u2019t tap into it.\u201d<\/p>\n
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4. Artisan food \u00a0 \u00a0 Australia may have a supermarket duopoly that is allegedly squeezing suppliers, but that doesn\u2019t mean<\/p>\n","protected":false},"author":2,"featured_media":58224,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,23,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/53788"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=53788"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/53788\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/58224"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=53788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=53788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=53788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}