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Functional Food 112004
Functional Food 112004
Functional Food 112004
strategic destination
for
functional food
industry
investment
Commitment to quality and safety, investment in innovation, collaboration between industry and government, and a well-established food industry are among the many reasons why Australia is well-placed to develop the functional foods industry for domestic and export markets.
Functional Foods are considered to be any food or food component that may provide demonstrated physiological benefits or reduce the risk of chronic diseases, above and beyond basic nutritional functions. In 2003, US based Health Strategy Consulting (HSC) estimated that the Australian and New Zealand nutrition industry represented around 1.4 per cent of the A$208 billion global nutrition market, valued at A$2.9 billion.1 The global market for bioactives is predicted to grow by 300 per cent in the next five years to be worth around A$1.4 billion per year.2 Australia is expecting to capture a significant share of this market.
innovation
The National Centre of Excellence in Functional Foods is co-ordinating collaborative research in functional foods. A partnership consisting of CSIRO, Health Sciences and Nutrition, Food Science Australia, Department of Primary Industries, Victoria and the Smart Food Centre of the University of Wollongong is undertaking the research. The strategic research is focussed on macronutrients and includes the role of foods high in protein, the health benefits of antioxidants and the role of foods containing low GI carbohydrates.
[1] The San Diego-based Nutrition Business Journal (NBJ) estimated the global nutrition market as being valued at US$150 billion in 2001. Of this, by its definition, functional foods accounted for 37%, vitamin and minerals (14%), herbs and botanicals (13%), sports nutrition (8%), natural and organic foods (20%), and natural personal care (8%) [2] Source: MLA media release Productivity gains needed across red meat supply chain on 19 November 2003.
Functional Foods US$M 19,520 18,560 18,500 2,210 1,650 700 550 310 190 170 62,360
Supplement US$M 7,590 14,010 17,760 5,770 1,280 560 1,310 940 370 330 49,920
industry opportunities
Dairy-based products Dairy products are a good source of valuable bioactive ingredients which are highly sought after in the functional foods market. Several Australian dairy companies have set up processes to manufacture functional ingredients such as lactoferrin, lactoperoxidase, glycomacropeptide, milk minerals, immunoglobulins and colostrum products. These ingredients can be used in infant formula and healthcare products. Meat-based products A growing international interest in bioactives presents significant opportunities for meat producers and processors. By-products and waste streams, such as carcases and bovine blood, contain bio-chemical ingredients which can be developed into high-value bioactives. This includes nutraceuticals such as chondroitin sulphate, which is extracted from beef or sheep cartilage which are used in the treatment of arthritis. Blood fractions are also being used in the pharmaceutical industry to help grow cell cultures to manufacture drugs and medical products.3
[3] Source: MLA media release Productivity gains needed across red meat supply chain on 19 November 2003.
recent projects
meat and dairy bioactives for better health
The CSIRO Food Futures National Research Flagship has chosen two bioactives for development dermatan sulfate from meat, which has anti-inflammatory properties, and glycomacropeptide (GMP) from dairy for its satiety effect. New ways of isolating these bioactives efficiently and economically, and incorporating them back into foods, are being developed. The research into these initial bioactives will provide the foundation for researching a further seven bioactives in the Flagship.
Plant-based products Omega-3 oils and fatty acids traditionally come from fish sources. Breads, dairy products and meats enriched in omega-3 fatty acids are being produced by adding fish oils or by feeding fish oils and other omega-3 feeds to livestock. The potential benefits of omega-3 include reduced risk of cancer, heart disease, arthritis, eczema and fatigue. Omega-3 oils for use in functional foods can potentially be derived through plant sources to replace declining fish sources and researchers are investigating this further. Grain-based products Hi-maize has been added to white bread, pasta and breakfast cereals to increase their resistant starch content and help improve bowel health. Hi-maize is also applied to probiotic foods such as yoghurt to improve the effectiveness of beneficial bacteria. Soy flour and linseeds have been added to breads and breakfast cereals to potentially reduce the risk of cancer. Oat bran and barley bran have been added to grain-based foods for their cholesterol-lowering effect.4
Invest Australia
Invest Australia is the Australian Government agency that helps international companies build their business in Australia. We're the first point-of-contact for all your investment inquiries, offering free, comprehensive and confidential assistance, saving you valuable time and money. Invest Australia can facilitate investment in key functional food industry projects and investment in commercialising Australian functional food technologies and expertise. HEAD OFFICE, CANBERRA +61 2 6213 6711 askus@investaustralia.gov.au SYDNEY +61 2 9397 1600 askus@investaustralia.gov.au SAN FRANCISCO +1 415 243 2071 sanfrancisco@investaustralia.gov.au NEW YORK +1 212 351 6570 newyork@investaustralia.gov.au FRANKFURT +49 69 9055 8200 frankfurt@investaustralia.gov.au LONDON +44 20 7632 0011 london@investaustralia.gov.au PARIS +331 40 59 33 91 paris@investaustralia.gov.au SHANGHAI +86 21 5292 8686 shanghai@investaustralia.gov.au BEIJING +86 10 6532 2331 beijing@investaustralia.gov.au SINGAPORE +65 6836 4109 singapore@investaustralia.gov.au TOKYO +81 3 5232 3053 tokyo@investaustralia.gov.au www.investaustralia.gov.au
Invest Australia has prepared this work in the belief that it will be of assistance to the reader. This document covers a wide range of issues and it is not intended to be a detailed nor exhaustive reference. Accordingly, before relying on the material, readers should independently verify its accuracy, currency, completeness and relevance for their purposes and should obtain appropriate professional advice. Any reference to companies or investment activities is for illustrative purposes only and does not constitute an endorsement of those companies or investment activities. The Commonwealth does not accept any liability in relation to the contents of this work.
Commonwealth of Australia 2004 ITR 2004/136 ISBN 0 642 272336 2 This work is copyright. Apart from any use as permitted under the Copyright Act 1968, no part may be reproduced by any process without prior written permission from the Commonwealth available from the Department of Communications, Information Technology and the Arts. Requests and inquiries concerning reproduction and rights should be addressed to: The Commonwealth Copyright Administration, Intellectual Property Branch, Department of Communications, Information Technology and the Arts, GPO Box 2154, Canberra ACT 2601 or posted at http://www.dcita.gov.au/cca ABN 51-835-430-479-001 11 2004