We reveal the companies that found their way onto this year’s Top 100 Food & Drink Companies report, developed in collaboration with IBISWorld, as well as some of those that didn’t quite make it.
There were several new arrivals this year as we tightened eligibility requirements. McCain Foods arrived at #33 and Bindaree Beef Group at #34. Bindaree opened a new manufacturing plant, which increased its production and therefore revenue. Both had been excluded last year because of no new financials since 20 July 2017, so welcome back.
The six new entrants from #95 through to #100 were Chobani, De Bortoli Wines, Tully Sugar, Boundary Bend, Australian Bakels and McCormick Foods.
Boundary Bend (#98) is one of Australia’s largest olive farmers and producers of extra virgin olive oil. It owns 2.2 million olive trees over more than 6000 hectares in the Murray Valley region of north-west Victoria. Its brands are Cobram Estate and Red Island.
Synlait is not on the list as it didn’t have any Australian operations until it acquired Dairyworks Limited this year, which has an Australian subsidiary.
Kraft Heinz Australia Pty Ltd isn’t in the Top 100 as it hasn’t consolidated revenue from Heinz Wattie’s Pty Ltd yet after a restructure in 2018. Heinz Wattie’s wasn’t included as it has not released financials since 2017.
Top 100: Food & Drink Business Podcast – editor Kim Berry and IBISWorld industry analyst Matthew Reeves dissect this year’s report.
Editorial by Food & Drink Business. All data sourced from IBISWorld.