Hort Innovation 2024/25 Annual Report: $171M in impacting investments

Hort Innovation has released its 2024/25 Annual Report, showcasing a year of strong investment, industry collaboration and impact across Australia’s $17 billion horticulture sector.

In the 2024/25 reporting period Hort Innovation invested $171.2 million across more than 400 projects, funded by grower levies, Australian Government contributions, grants and co-investment. These investments have delivered tangible outcomes, from grower-led technology trials and food safety research to new export market access and varietal development.

The report showcases the results of Hort Innovation’s ongoing R&D levy management – practical, on-farm outcomes that respond to real challenges and opportunities, reflecting the organisation’s commitment to delivering value at the farm gate and supporting the sector’s long-term resilience.

“This year’s investments have helped growers tackle real challenges – from climate volatility and labour shortages to shifting consumer expectations and driving demand – while unlocking new opportunities through innovation and collaboration,” CEO Brett Fifield said.

“From grower-led tech trials and rapid on-farm biosecurity testing to new market access and varietal development, we’re delivering impact where it matters most, backing the people, technologies and ideas that safeguard the industry’s reputation and readiness, while building a stronger future for Australian horticulture.”

The Annual Report also highlights major initiatives launched during the year, including the Hort Innovation Venture Fund to support ag-tech start-ups, the Australian-Grown Innovation mentoring program, and record investments in labour-saving farm technologies and weed control.

Read the full 2024-25 Hort Innovation Annual Report on the Hort Innovation website here, where you can also access past reports back to 2015-16.