Every year, in collaboration with market research firm IBISWorld, we gather together all of the latest company data to reveal a ranking by revenue of Australia’s heaviest hitters in food and beverage to create our Australia’s Top 100 Food & Drink Companies report.
This report, which is sponsored by Foodmach, lists companies according to their most recently reported revenues in an easy-to-read format, and in this special edition, we’ll also reveal the shuffling of the ranks of Australia’s top ten companies, the best performing industry sectors, and the companies that rocketed up the list on rising revenues.
Australia’s food and beverage sector is worth an annual $131 billion and is the nation’s largest manufacturing sector, and according to IBISWorld, the top 100 food and beverage companies in Australia collectively generate in excess of $104 billion in revenue (up from more than $100 billion in 2017-18) and employ more than 130,000 Australians.
The report also shows that the dairy category is performing strongly in Australia with the help of increased exports of fresh milk to growing Asian markets, particularly China, and the fruit industry has benefitted from increased demand for avocado and citrus domestically and internationally.
Many of the Top 100 companies have successfully expanded into large export markets, with notable examples including Turners & Growers, Costa Group, Teys Australia, Freedom Foods and The a2 Milk Company.
The fastest movers on the list include Allied Pinnacle, Superior Food Group, The a2 Milk Company, Bellamy’s Organic, and Freedom Foods Group.
Several new companies also entered this year’s Top 100, either though market consolidation, organic growth, or due to their reclassification by IBISWorld, including PepsiCo Australia & New Zealand, Saputo Dairy Australia, Tassal Group, and Huon Aquaculture Group.
List drop-offs included Mars and Burra Foods due to consolidation, while falling revenues saw last year’s #74 – Cerebos Foods, last year’s #94 – Tully Sugar, and last year’s #100 – Milne AgriGroup exit the list.
Welcome to our Top 100 Food & Drink Companies 2018 report, where you’ll find the nation’s food and beverage heavyweights listed in order of their most recently reported revenue
Read more at http://www.foodanddrinkbusiness.com.au/top-100/exclusive-australia-s-top-100-food-and-drink-companies-2018#cRp08vibbjfVYtLj.99