Released on = November 5, 2006, 9:35 pm

Press Release Author = RNCOS

Industry = Food & Beverage

Press Release Summary = Food and beverage Industry is one of the largest
sub-divisions of the overall manufacturing industry in Australia, constituting a
share of around 20%.

Press Release Body = Food and Beverages Industry is one of the two strong export
drivers within the 9 manufacturing sectors in Australia. In 2006 Australia exported
meat of $7.85 Billion, wine of around $2.7 Billion and dairy products worth $2.95
Billion. Most of the exports of wine and meat are directed towards USA, while the
Middle East and Asian countries are showing great appetite for dairy products.

To ensure that the exports in Food and Beverages Industry remain high, Australian
manufacturers must persistently enhance those qualities that continue to offer
competitive advantage to Australian manufacturers. The two primary factors that have
been the backbone of the Australian success are high productivity coupled with
consistently high quality. There is heightened health awareness among Australian
consumers who demand food items that can satisfy their concerns and readily agree to
pay a premium for that purpose.

RNCOS’ recent report,“Food and Beverages Market: A Global Review
(2006-2007)” undertakes an analysis of the Global Food And Beverages Industry.

As is true with the other developed economies, the domestic Food And Beverages
Market in Australia is quite mature but the exports are playing crucial role in
overall growth of the industry. For example, wine industry has shown remarkable
growth within a short span of time, largely because of strong growth in exports,
particularly to UK, which imported roughly 263 Million Liters of Australian wine in
2004/05. Exports to untapped regions will thus continue to drive the growth of the
food and beverages industry in Australia as well as across the globe. Globally, the
food and beverage market is forecasted to reach a value of around 1180 Billion US$
by 2010, as per research analyst at RNCOS.

The research report also addresses the issues and facts that critical to business
success:

- The performance of Food and Beverages industry and the future prospects.
- The growth potential in regional markets.
- The opportunities existing for Food and Beverages Industry in different countries.
- The market share of major players in confectionary market.
- The key challenges of the Global Food and Beverages Industry.

The report “Food and Beverages Market: A Global Review
(2006-2007)”provides an updated and detailed analysis of the Food and Beverage
Market worldwide and focuses exclusively on ten important countries.

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To get more information about the report visit: http://www.rncos.com/Report/IM070.htm
For Current Industry News: http://www.rncos.com/blog


Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
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info@rncos.com