Our Top 100 2025 edition of Food & Drink Business magazine is more than the annual flagship Top 100 Report. Industry leaders reflect on the year past and the one ahead, we provide our annual news review, M&A wrap-up, and all the executive moves, and a Roman-inspired sports drink, Posca, is our final Rising Star for 2025.

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.

Woolworths achieves 100% renewable electricity milestone

Woolworths Group has achieved 100 per cent renewable electricity powering its business across Australia and New Zealand. The milestone is projected to deliver a reduction of over 74 per cent in operational emissions.

Suntory Oceania backs disability partnerships

Suntory Oceania has announced two new three-year partnerships with The Dylan Alcott Foundation in Australia and Recreate NZ in New Zealand, investing more than $450,000 to support young adults living with disability.

Kalfresh receives $80m investment for bioenergy facility build

One of Queensland’s largest vegetable farming and production companies, Kalfresh, has received a joint $80 million investment from the Queensland Investment Corporation (QIC) and Wollemi Capital to build Australia’s first integrated food and energy precinct.

New CEO for Murray Cod Australia

Murray Cod Australia non-executive director, Steven Chaur, will become managing director and CEO from 20 April 2026. Mat Ryan and Roger Commins will remain as Interim joint CEOs until that time.

Aus Vintage flags stronger second half as 1H sales soften

Australian Vintage has flagged a stronger second half, saying it remains on track to deliver FY26 sales growth and free cash flow neutrality (excluding investments), despite a softer first half and break-even operating earnings. 

Cobram profit dips as brand sales grow

Cobram Estate Olives reported a weaker 1HFY26 result on earnings and profit, but held packaged goods sales broadly flat, grew its flagship Cobram Estate brand, and significantly strengthened its balance sheet ahead of the proposed California Olive Ranch (COR) acquisition.

Packaging News

The PKN Women in Packaging Awards returns for 2026, inviting nominations to recognise the women delivering impact, innovation and leadership across the Australasian packaging value chain.

Close the Loop Limited has reported mixed half-year results, with its Packaging Division delivering double-digit growth and providing a stabilising influence across the Group.

Fonterra Oceania has rolled out Amcor’s AmPrima Recycle-Ready flexible packaging for shredded cheese, replacing multi-material laminates in one of dairy’s most technically demanding formats.