In the Top 100 Australian Food & Drink Companies 2017 report, developed in collaboration with IBISWorld, we take a look at the top 10 Australian companies – the industry’s biggest by annual revenue – and how their results and their rankings have changed over the year.
NZ dairy giant Fonterra remained our Top 100 number one, while Coca-Cola Amatil dropped from number two to three, to be replaced in second place by last year’s number four, JBS Australia, with Lion dropping from third to fourth position.
The biggest change in the top 10, however, was Treasury Wine Estates, which rose four spots to number five on the back of strong revenue increases, according to IBISWorld senior industry analyst Bao Vuong.
Last year’s number five, Bidvest – now Bidfood – was this year excluded from the top 100 due to its reclassification by IBISWorld as a grocery wholesaler.
Despite falling revenues, Murray Goulburn rose one spot to six, while Ingham’s moved into seventh place, to be replaced in eighth place by last year’s number six, Teys.
In ninth and tenth position were George Weston Foods and Nestlé, rising on the list from 12th and 11th respectively.
Editorial by Food & Drink Business. All data sourced from IBISWorld.