Taste and nutrition company Kerry has announced it will develop a purpose-built food technology and innovation centre of excellence in Queensland.
The new Kerry Australia and New Zealand Development and Application Centre in Brisbane will be the new headquarters for Kerry in Australia and New Zealand while its existing facility in Sydney will remain a specialist research and development applications hub.
With end-to-end capabilities including pilot plants, laboratories and tasting facilities, the centre will bring the end-to-end food innovation cycle under one roof. It will reduce the time to market for new product development and increase Kerry’s capacity to drive food innovation in the region.
“The new facility aligns with Kerry’s globally-recognised innovation strategy focused on value creation for the consumer, as it reflects changing industry needs and unlocks sector growth opportunities in Australia and New Zealand,” Kerry Australia and New Zealand general manager Christine Giuliano said.
“More importantly, it will bring the benefits of our global technologies to local food and beverage producers – supporting regional industry development. Our team at the new centre will be able to leverage Kerry’s R&D network around the world, as well as global insights, market knowledge, and culinary and applications expertise to customise solutions that ultimately deliver exciting products that resonate with the local market.”
The food and beverage industry is Australia’s largest manufacturing sector with an annual turnover of $50 billion, representing more than 18 per cent of total domestic manufacturing turnover. Food Innovation Australia Limited’s (FIAL) forecast for the global food and agribusiness market is between $8.8 and $11.1 trillion by 2025.
For the food and beverage industry, the major challenges outlined by FIAL include changing business and market conditions and the ability for businesses to easily adapt and respond to rapidly evolving consumer needs.
“This investment, which is supported by the Queensland government’s Advance Queensland Industry Attraction Fund, will pave an economical and efficient path for commercialisation of new products and focus on Kerry’s global innovation initiatives in health and wellness, sustainability, convenience, affordability and premiumisation; allowing regional businesses to connect and access the global market by leveraging the Kerry brand,” Giuliano said.
The Development and Application Centre will create ongoing employment opportunities for graduates through Kerry’s Graduate Programme and facilitate placements through partnerships with local universities.
“We are committed to investing in local talent and developing the next generation of Australian food scientists. Considering Queensland’s alignment with Kerry’s growth strategies, we are looking forward to supporting a strong, sustainable and critical food and beverage manufacturing sector in the region,” Giuliano said.