At Steric, we’re proud to be an Australian manufacturer. Overall, the Australian manufacturing sector has been gradually declining in recent years, so it’s good to know that we’re part of the food production industry that is thriving in Australia.
The food and beverage sector makes a major contribution to the Australian economy, in both its financial impact as well as employment. It is the largest single manufacturing sector in Australia and accounts for 27.9 per cent of manufacturing turnover.
Food processing is growing
Australia’s food processing sector is a particularly important part of Australia’s overall food production. It has been growing at a very healthy rate over the last decade.
Industry players are diverse in size – from multinationals producing large volume fast-moving consumer goods, through to smaller players with the flexibility to meet the demand for niche gourmet items.
“By developing new technologies and innovations, Australia is staying at the forefront of the food industry worldwide.”
The industry is highly dynamic and driven by demanding consumers seeking diversity, quality and value. Our ethnic and cultural diversity in Australia is reflected in the food range available.
By developing new food processing, separation and packaging technologies and innovations, Australia is staying at the forefront of the food industry worldwide.
Combine these strengths with a reliable supply of high-quality raw materials, a strong food safety regime, an environment that encourages creativity, innovation and collaboration, and Australia is an ideal location for investment all along the chain.
In October 2020, the Australian Government announced a $1.5 billion investment to help Australian manufacturers become more competitive, resilient, and build scale in the global market. One of the six key areas that were identified for support was the food and beverage sector.
Additionally, the Government’s Food and Beverage National Manufacturing Priority Road Map will help inform the investment decisions that both Government and industry make over the next 10 years to support projects that will:
- harness and grow the sector’s strengths and advantages;
- provide innovative solutions to overcome constraints that limit value creation and that may prevent the sector from achieving its full potential; and
- transform the sector by growing a high-value, reputable and dynamic food and beverage manufacturing industry.
Local food manufacturing benefits agriculture
Successful high-value food and beverage manufacturing projects can also build better returns for our farmers and our agriculture producers. The food sector’s strong economic contribution and employment are supported by Australia’s high-quality agricultural products and production capabilities.
The sector has also demonstrated resilience throughout the COVID-19 pandemic by being agile and accommodating when faced with challenges that have never been seen before.
“Steric Foodservice supplies restaurants, cafes, hotels, hospitals, schools and more with a wide range of essential food products.”
The Australian agriculture, fisheries and forestry sector aims to achieve $100 billion in farm gate output by 2030 through a program called Ag2030. This will have a knock-on effect to the thriving food processing sector in Australia.
Australian food manufacturers making major contributions
Steric is an Australian-owned family business that actively supports foodservice operators through a comprehensive range of Australian-made food products.
There are plenty of benefits to partnering with a food supplier who manufactures all of its foodservice products in-house at its owned facilities in Australia.
Partnering with Steric enables organisations to benefit from:
- Our comprehensive understanding of the local food, retail and hospitality markets.
- Our ability to be flexible and nimble with product development.
- Quick order turnarounds and guaranteed supply.
- Supporting Australian food manufacturing workers.
- Supporting a thriving sector of the Australian economy.
Steric is a leading producer of generic brands of food products, while also diversifying across the foodservice industry, and developing our own branded retail products divisions.
Over our 50-year history, our team of Australian food scientists and product development experts have constantly worked to innovate with our product range and manufacturing. All Steric products are developed and manufactured in-house at our state of the art food production facility in Western Sydney.
While most Australians may not have heard the Steric name, there’s a good chance that most have consumed some of the 50 key food products that we supply to the foodservice and hospitality industry. Steric Foodservice supplies restaurants, cafes, hotels, hospitals, schools and more with a wide range of essential food products. These include, but are not limited to sauces, oils & vinegars, dry ingredients, toppings, and beverages.
Steric also produces private label food products for the biggest supermarkets in Australia and New Zealand.
Explore the Steric range of foodservice products, or call 1800 008 155 to discuss how we can help you.