Cider has become one of Australia’s fastest growing beverage exports despite a dip in alcohol consumption, according to fresh research released by IBISWorld.

Its data shows Australia’s cider industry has recorded growth of 11.4 per cent across the sector, turning over $309.7 million in revenue in the last 12 months.

Growth has come largely from small craft ciders and small businesses capitalising on Australia’s changing drinking culture.

The Australian Bureau of Statistics says that despite a 14 per cent drop in total alcohol consumed over the past five years, total cider consumption in Australia has more than doubled.

According to IBISWorld, cider is number four in its list of the nation’s top 20 exporting industries by growth in merchandise exports.

Cider grew 25.8 per cent in the five years, and in 2015-16 it grew 6.6 per cent and accounted for $16.5 million in export value.

Martin Thatcher, the managing director of Thatchers Cider, which is kegged and distributed by Coopers in Australia, told Food & Drink Business the main difference between the UK and Australian market in terms of cider was that it’s quite mature, whereas in Australia it’s young, new and exciting.

Read the rest of this article >>

Packaging News

It was a full house at Melbourne’s Arts Centre for the annual Food & Drink Business + PKN LIVE breakfast forum, where guests, speakers and an industry panel shared methods, insights and discussions on what it means to be a brave brand.

Brownes Dairy Company will become the first dairy in Australia to move to a fully renewable and recyclable milk carton. It is switching 25 products – more than 17.8 million milk cartons per year – to the new fully renewable packaging format.

Orora has entered into a binding agreement to sell its Australasian Fibre business to a wholly owned subsidiary of Nippon Paper, for an enterprise value of A$1.72bn.