Every week, Food & Drink Business editor Kim Berry brings you the latest news in the food and beverage manufacturing sector. This week: Foodbank Hunger Report, Treasury Wines Estate, The Aussie Plant Based Co., Australian Vintage, Goodman Fielder, Roma Food Group, Orgran, Suntory House, and Top 100 Food & Drink Companies Report. 

Future Food Systems has released the first line-up of speakers for For Food’s Sake. With conversations ranging from circular economy to strengthening local economies, the summit is on 27-28 February 2025 at the Pacific Bay Resort, Coffs Harbour.

In the second Beyond Talk series, Yume CEO, Katy Barfield, will be joined by Michelle Mullins from Tyson Foods and Justin Merrell from Lion to discuss groundbreaking food waste programs in the US, Scope 3 emissions, and preparing for emissions reporting.

Welcome to The Food & Drink Business Top 100 Food & Drink Companies 2023 report. Compiled in collaboration with IBISWorld, this flagship report ranks by revenue Australia’s biggest players in the food and drink sector. Who made it into the Top 10, which companies rose in the ranks with impressive revenue growth, and which ones fell – it’s a fascinating informative glimpse into Australia’s largest manufacturing sector.

Former Noumi CFO fined, disqualified 

The Federal Court has ordered Campbell Nicholas, the former CFO and company secretary of Noumi, when it was trading as Freedom Foods Group, pay a $100,000 penalty and be disqualified from managing corporations for four years.

Breakthrough Vic invests $2.5m in insect protein pioneer, Viridian

Breakthrough Victoria has invested $2.4 million in the Australian company pioneering sustainable insect protein manufacturing, Viridian Renewable Technology. The money will increase factory capacity and production as well as create new jobs.

Aussie Plant Based Co. acquired by Smart Foods, production resumes

Gold Coast-based food manufacturer, Smart Foods, has acquired The Aussie Plant Based Co., eight days after it went into liquidation. Smart Foods CEO, Raghu Reddy, says he saw the company’s “immense potential”.

RTDs: Growing up, not slowing down

As the ready-to-drink category shows signs of maturing, its share of total beverage alcohol (TBA) in its top 10 markets is forecast to keep growing, according to beverage alcohol data and intelligence company, IWSR.

Latest R&D investment report shows need for “uplift”

A new report on Australia’s innovation system, published by the Office of the Chief Economist, shows investment is still languishing despite almost half of businesses engaging in innovative activities.

Predictive modelling for longer shelf life and less food waste

Keeping food safe and extending its shelf life is a huge priority for food producers because it’s not just about taste – it’s about our health, trust in the products we buy and food waste reduction. That’s where the science of predictive modelling steps in, transforming the way food businesses ensure the longevity of our beloved foods.

Foodbank Hunger Report: Two million households at breaking point

More than half (59 per cent) of households experiencing food insecurity in Australia are experiencing the most extreme level of hardship, regularly skipping meals or going entire days without food, food relief organisation, Foodbank Australia says in its latest Hunger Report.

Packaging News

AANA has launched its new Environmental Claims Code, which reinforces responsible advertising practices and supporting efforts against greenwashing.

Mountain Blue, a leader in blueberry genetics, is conducting a paper-based packaging trial on its Eureka blueberry brand, in collaboration with packaging and systems solutions company, Opal, and supermarket retailer Coles Group.

This year’s board election for peak industry body, the Australian Packaging & Processing Machinery Association, saw one of the closest contests in recent years, with the highest voter turnout compared to previous rounds, and a hard-fought campaign from nominees.