The Top 100 Australian Food & Drink Companies 2016 report, developed in collaboration with IBISWorld, ranks the nation's largest food and beverage manufacturers based on their most recently reported revenue.
The information reveals which companies are reaping the most revenue growth, and as a result, rocketing up the rankings - as well as those that didn't. For example, this year's report shows:
- The a2 Milk Company jumped from 100th to 59th spot, benefiting from growth in the ANZ and China markets.
- Freedom Foods Group rose from 97th spot up to 84 thanks to some changes in shareholdings in other companies.
- Bellamy’s Organic saw growth in its organic infant formula business, bringing this new arrival to the list at number 76.
- Warnambool Cheese & Butter benefited from its acquisition of the everyday cheese business unit from Lion, moving it from 48 to 37.
- AACo made its debut on this year's Top 100 in 33rd position, helped along by investments in the supply chain.
- G&K O'Connor, Midfield Meat International, Teys, and Sanger Australia moved up the ranks, helped along by drought conditions in eastern Australia.
- Ferrero and Lindt did well on the back of adaptation to changing consumer confectionery tastes and innovation, moving to 82nd and 85th spot respectively.
- Northern Co-operative Meat Company and Beam Global saw the biggest falls on the list. NCMC fell 20 spots to 81, while Beam dropped from 73 to 98th position.
- Sydney Fish Market and Samuel Smith & Son fell off the 2016 list despite experiencing increases in revenue due to higher growth from other companies and industries.
Editorial by Food & Drink Business. All data sourced from IBISWorld.