It’s that time of year when Food & Drink Business joins forces with market research firm IBISWorld to compile our Top 100 report – a comprehensive list of the nation’s largest food and drink companies, based on their most recently reported revenues.
The top 10 in this list – the industry's real heavyweights – remained mostly the same as last year, although the deck has been shuffled slightly.
In 2015, Dairy giant Fonterra remained steady at number one, and the rest of the top five remained the same: Lion, Coca-Cola Amatil, JBS Australia and Murray Goulburn.
But last year's number six, food service company Bidvest, has swapped places with meat producer and processor Teys Australia – last year's number seven.
Last year's number 11, Inghams, is now number eight – albeit as a different business entity – followed by last year's number 10, George Weston Foods, with last year's number nine, Nestlé, nestling into the number 10 spot.
The reshuffle sees the recently acquired Goodman Fielder bumped to number 11 on the back of lower revenues, which IBISWorld says is due to the sale of its biscuit business to Green’s Foods.
