An economic report has backed the state’s food industry as the one to watch as it continues to anchor its place as a significant player in South Australia’s future growth.

According to BankSA’s economic bulletin Trends, put together with Deloitte, SA’s agricultural industries could become the state’s largest employer with the demand for premium food internationally and domestically set to increase enormously over the coming decade.

“Around 47,000 people are employed in South Australia’s food industry, which is four times the combined workforce of our car and defence manufacturing sectors,” BankSA chief executive, Nick Reade said.

The report said the focus was building premium food trade with Asia and at home with the domestic market.

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