Envy apple sales soar in Taiwan amid growing demand for premium fruit
Sales of premium brand Envy apples are booming in Taiwan.
T&G Global are predicting that their Envy apple will become a billion-dollar brand by 2025.
The apple had a record season in 2020, with the entire New Zealand crop sold well before the end of the year.
In 2020, 1.9 million tray carton equivalents (TCEs) of New Zealand grown Envy were sold, a 23% increase on the previous year across the United States, China and Asia.
This was part of a wider Envy sales programme of TCEs per annum, grown in both hemispheres.
T&G Global's chief executive Gareth Edgecombe says that despite the market volatility caused by Covid-19, Envy sales have remained strong and the company is moving quickly to plant new trees to meet global consumer demand.
"The strength of the brand and its orcharding qualities means growers have the potential to make over 15% return on their investment, once their orchard is at full maturity," he says.
He says that there is 'appetite' for Envy on a global scale.
"Independent research has forecast that need at at least another 25 million TCEs by 2030 to meet potential consumer demand, especially in China, Vietnam, Thailand and the United States.
"Recent planting will soon produce another 10 million TCEs per annum and we're investing in market development programmes and further supply growth to make the most of the brand's significant long-term potential," Edgecumbe says.
"This season's sales reinforce the global demand we're seeing for the brand. As a result of Envy selling out early in the season, our sales team had to scramble to move product around to keep our retail programmes going for as long as possible. This positioned us well for a strong start to our northern hemisphere growing season," he says.
In November 2020, T&G won Marketing Campaign of the Year at the Asia Fruit Logistics 2020 Awards for its marketing activities for its Envy and Jazz apple brands.
The DairyNZ Farmers Forum is back with three events - in Waikato, Canterbury and Southland.
To celebrate 25 years of the Hugh Williams Memorial Scholarship, Ravensdown caught up with past recipients to see where their careers have taken them, and what the future holds for the industry.
Among this year’s Primary Industry NZ (PINZ) Awards finalists are a Southlander who created edible bale netting and rural New Zealanders who advocate for pragmatic regulation and support stressed out farmers.
Rockit Global has appointed Ivan Angland as its new chief operating officer as it continues its growth strategy into 2025.
Nominations are now open for the Horticulture New Zealand (HortNZ) board.
A Mid-Canterbury dairy farmer is bringing a millennial mindset to his family farm and is reaping the rewards, with a 50% uplift in milksolids production since he took over.
OPINION: The good fight against "banking wokery" continues with a draft bill to scrap the red tape forcing banks and…
OPINION: Despite the volatility created by the shoot-from-the-hip trade tariff 'stratefy' being deployed by the new state tenants in the…