Food & Drink Business and IBISWorld present this year’s Top 100 companies, a ranking of Australia’s largest food and drink companies by revenue. This year reflects a sector positioning itself for immediate term viability and long-term competitiveness.

Top 100 2025: The Top 10

The Top 10 remained a stable list this year, with five companies holding their position – Fonterra (#1), JBS (#2), Coca-Cola Europacific Partners (#3), Asahi (#4), and Thomas Foods International (#7). The biggest change was Treasury Wine Estates dropping out of the list, from #10 to #13.

Pure Foods Tasmania acquires Elato Ice Cream

Pure Foods Tasmania (PFT) has acquired premium ice cream brand, Elato, as it looks to restructure its frozen desserts portfolio and establish a new multi-brand ice cream division.

Time to future-proof for 2026

As 2025 draws to a close, many businesses are taking time to reflect and assess how they can stand their business in good stead for the year ahead. RSM Australia national manufacturing lead, Manufacturing, Louis Quintal, explains why future-proofing your business should be your 2026 new year’s resolution.

New Mondelēz facility wins award for Swisslog system

Intralogistics leader, Swisslog, and global snack food leader, Mondelēz International, have won an Australian Supply Chain and Logistics Association (ASCLA) award for a new automated distribution centre (DC) in Truganina, Victoria.

Banks Botanicals sold to Alchemy Distillers

Yarra Valley-based non-alcoholic distillery, Banks Botanicals, has been acquired by Alchemy Distillers – aiming to support the brand in its next stage of expansion and innovation.

Modelling resilient supply chains with food hubs

Australia’s food system is under pressure. Climate disruption, rising costs and growing demand for transparency are creating complex challenges for farmers, food businesses and communities. A new report from Food Connect Foundation argues that the solution lies in rebuilding the “missing middle” of food infrastructure, and offers a strategy for how communities, industry and investors can do exactly that.

Packaging News

As 2025 draws to a close, it is clear the packaging sector has undergone one of its most consequential years in over a decade. Consolidation at the top, restructuring in the middle, and bold innovation at the edges have reshaped the industry’s horizons. At the same time, regulators, brand owners and recyclers have inched closer to a new circular operating model, even as policy clarity remains elusive.

Pact has reported a decline in revenue and earnings for the first five months of FY26, citing subdued market demand, as chair Raphael Geminder pursues settlement of the long-running TIC earn-out dispute.

PKN brings you the top 20 clicks on our website this year, a healthy mix of surprise and no-surprise. Pro-Pac Packaging led the list, Women in Packaging came in at #4, and Zipform's paper bottle at #15.