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Noumi has lifted net revenue 8.8 per cent to $648.4 million and adjusted operating EBITDA 7.6 per cent to $61.8 million in FY26, in what is likely its final full year result as a listed company. Read more
A little idea from a little region in the Queensland Tablelands has evolved into a big global opportunity in the functional foods market. Samantha Schelling writes.
Metcash has announced a $237.4 million impairment to goodwill and other assets in its food business. It comes after 7-Eleven would not renew its east coast supply contract, which expires in August 2020.
v2food has secured a factory site in Wodonga, Victoria, with the plant-based meat company expecting to invest around $20 million in the facility. The new site follows only a week after the company’s $32 million Series A funding announcement.
More than a quarter of Australians over the age of 18 have consumed spirits in an average four-week period, with gin representing the largest pick-up in recent times, a report from Roy Morgan has found.
The AIP has called for speakers for the 2020 Australasian Packaging Conference, to be held in Melbourne in April.
A study by James Cook University's Molecular Allergy Research Laboratory has found an "alarming" level of undeclared and potentially deadly allergens in imported products.
New Zealand is a key supplier to the global food market. Its capacity to meet future nutritional demand is linked to the speed at which technology is adopted, writes Emma Wheeler of KPMG New Zealand.
Global food industry deals totalled $10.28 billion in Q3 2019, the latest report from research firm GlobalData said. KKR's acquisition some of Campbell Soup Co including Arnott's was the biggest deal.
AgTech company RotoGro and fresh produce grower Freshero expect to reach agreement on a joint venture (JV) by the end of the year, a RotoGro statement to the ASX said today.
Melbourne whisky distillery Starward has announced its new CEO, Simon Marton and multi-million-dollar expansion plans for 2020.
Small food manufacturers will have better access to commercial kitchen spaces through a new technology platform, Chefs Cluster. The program allows start-ups and small producers to find and hire short-term cooking space.
Food fraud is estimated to affect up to 10 per cent of commercially sold food products, according to risk management company SAI Global. There are seven types of food fraud businesses in the food supply chain need to be aware of.
Our bumper November-December issue is here. Leading with our annual, exclusive and not-to-be-missed Top 100 Food and Drink Companies in Australia, we also take a look back at the year that was, the companies to watch and much more.
PepsiCo Australia is now using Australian canola oil to make its major snack brands, reducing the saturated fat product for some popular products by as much as 86 per cent.
Despite growing consumer awareness and campaigns to counter food waste, Australia’s annual food waste spend grew in 2019 to $10.1 billion. The Rabobank 2019 Food Waste Report shows it increased by 13 per cent from $8.9 million in 2018.
Australian Organic Ltd (AOL) has signed a licensing agreement with certifying body AUS-QUAL to offer its bud logo licensing to certified organic businesses.