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Despite challenging conditions, agriculturally focused industries made their mark in the Australian market, as this year's Top 100 Food & Drink Companies report, developed in collaboration with IBISWorld reveals.

Meat processors had a strong year, benefitting from longstanding export markets that boost performance, with 17 companies in the Top 100 and two in the Top 10 – JBS Australia (#2) and Teys Australia (#6).

AACo rose 13 places to #38 and reported a 34.23 per cent increase in revenue.

Five companies recorded double digit revenue growth: AACo, Bindaree Beef Group (entered the Top 100 for the first time at #34), 31.48 per cent; Kilcoy Pastoral Company, #32, 24.65 per cent; JBS Australia, #2, 11.83 per cent; and Rivalea, #55, 10.24 per cent.

The poultry sector also performed well. Cordina Chicken Farms jumped 16 places to #72, Golden Cockerel 11 places to #80 and Hazeldene’s Chicken Farm nine places to #63.

 Where does your company rank? 

EXCLUSIVE: Australia’s Top 100 Food & Drink Companies 2020

Top 100: The Top 10

Top 100: The fastest movers in 2020

Top 100: Arrivals and departures in 2020

Top 100: The biggest losers of 2020

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.

Packaging News

In the APPMA’s free Digital Lunchtime Series, starting tomorrow a panel of industry experts from AMGC, APCO, Ai Group, and Detmold Group will dissect the topic Manufacturing: Adapting to the New Normal.

TricorBraun has entered into an agreement to buy Australian closures manufacturer Cormack Packaging, marking its first acquisition in ANZ. The transaction is expected to close end September.

The ongoing shipping crisis is causing an increasing number of Australian companies to look at sourcing packaging locally, as importing from China becomes more costly and takes longer.