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Food Is Bigger Than the Internet

December 20, 2016

Food Is Bigger Than the Internet
I went to a business seminar last month. The statement was made: “Food is bigger than the Internet.” In the eyes of international business guru Verne Harnish, the financial value of the food industry supersedes the Internet.

This got me thinking.

From paddock to plate, there is a supply chain that benefits financially from food. Everyone involved in food production, processing, distribution, preparation, service and consumption profit through their products or services.

Farmers, chefs and waiters earn money from producing and serving food, while those who work in food processing, packaging, transport and logistics distribute food to retailers and consumers.
Manufacturers of farming machines and food equipment aid in harvesting ingredients and cooking mouthwatering dishes. Other necessities are provided by suppliers of high quality furniture, crockery and cutlery. Let’s not forget infrastructure companies, shopfitters and furniture manufacturers who create eating environments that compliment delicious food, providing a memorable foodie experience to diners.

As Australia’s foodservice industry grows, food/chef training organisations ensure that a new generation of professionals will cater to the needs of consumers.

Dining area of a cafeteria with tables and chairsFact: the food industry is the only one that can touch every living person on the planet - with or without the Internet.  

With a rapidly growing population in Australia, there has never been a better time to be involved in food. Our foodservice design business (Food Strategy) is growing, too - and it doesn't look like it’s slowing down.

There is a quiet trend about to boom in aged care meals and associated services. As we live longer, the aged care market is expanding rapidly. The demands on quality care and healthy food is exploding as big business.

According to the Silver Chef Hospitality Industry Success Index (HISI) Report 2016, there's a long term boom for cafes and restaurants. Australians have emerged as big spenders on eating out.
In the age of longer working hours, rising fresh produce costs and innovative new takeaway technology (such as menu ordering apps), more and more people are ordering out when it comes to their meals.

Where households spent around one-fifth of their weekly budget on eating out in 1984, it has now jumped to closer to one-third.

With more people on the planet, living longer and an increasing demand for convenience, there has never been a better time to get on the gravy train of the food industry!
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