Welcome to the latest issue of Food & Drink Business. As the end of the year approaches at a rate of knots, this edition reveals the sector is showing no signs of slowing down. From large-scale builds to rethinking rum and non-alc beverages, this edition scales all aspects of the sector. Our processing and packaging tech feature looks at the latest equipment and its application, while our cover story with Neogen offers a rethink on how businesses approach food safety (hint: it's not a cost centre).

In this episode, Food & Drink Business editor, Kim Berry, talks with Michelle Thomson, GM of Kerry ANZ, about current market and consumer trends and how companies can maximise opportunities for success.

From printing to publishing, Yaffa Media has always been about its people and niche audiences. Founded in 1925, it is one of Australia’s largest independent media companies. This year marks a centenary of storytelling.

Food & Drink Business presents its annual flagship Top 100 Food & Drink Companies Report for 2024. Compiled in collaboration with IBISWorld, the report ranks by revenue Australia’s biggest players in the food and drink sector. It’s your go-to industry resource into Australia’s largest manufacturing sector.

QUT completes $18m BioPilot facility upgrade

The Queensland University of Technology has completed an $18 million upgrade of its Mackay-based QUT Pioneer BioPilot, formerly known as the Mackay Renewable Biocommodities Pilot Plant, transforming it into a leading fermentation facility.

“Step change” for Synlait with North Island assets sale

Synlait Milk has sold its North Island assets to its customer and global healthcare company, Abbott, for $270 million (NZD$307 million). CEO Richard Wyeth said the deal will allow Synlait to focus on core business at its Dunsandel facility in Canterbury.

McNab appointed builder for Turbine Precinct project

Turbine Sunshine Coast has partnered with McNab to undertake construction and delivery of Australia’s first purpose-built collaborative food and beverage manufacturing precinct, located in the Sunshine Coast Industrial Park.

Chair resigns at Bubs Australia

Bubs Australia chair, Katrina Rathie, has resigned after four years on the board and two years as chair. She joined the company during a period of significant change, including the ousting of founder, Kristy Carr, and executive chair, Dennis Linn.

DMG Fine Wine adds Krinklewood to distribution portfolio

DMG Fine Wine has signed an exclusive distribution agreement with New South Wales based wine producer, Krinklewood Estate.

Murray Cod Australia looks to raise $17m

The producer of Aquna Sustainable Murray Cod, Murray Cod Australia, says it has received firm commitments from domestic and offshore investors to raise $17 million, with proceeds used to expand production capacity and develop in-house sales and marketing capabilities.

India opens up for Australian organics producers

Australia and India have signed a mutual recognition arrangement on organics equivalence, opening up opportunities for Australian organic producers to market their products in one of the largest economies in the world.

Packaging News

Costa Group has partnered with Coles and Opal in a large-scale trial to replace rPET plastic punnets with recyclable cardboard packaging for Perino tomatoes, now available across Coles’ Victorian stores.

Rawson Print & Packaging has strengthened its position in the Australian commercial print sector with the acquisition of Sydney-based print operation IntoPrint.

Woolworths has shifted its Own Brand sliced bread packaging to LDPE bags made by Amcor with 30 per cent recycled plastic, a move the retailer says will save about 50,000 kilograms of virgin plastic annually.