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Every year, in collaboration with market research firm IBISWorld, PKN stablemate publication Food & Drink Business gathers all of the latest company data to reveal a ranking by revenue of Australia's heaviest hitters in food and beverage to create Australia's Top 100 Food & Drink Companies report.

This report, 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 manufacturing sector is the largest in the country. It accounts for more than a quarter of all manufacturing and has been the leading sector since 2012. But it is a volatile space as some on this list can attest.

According to IBISWorld, the top 100 food and beverage companies in Australia collectively generate in excess of $108 billion in revenue (up from $104 billion in 2017-2018) and employ more than 130,000 Australians.

See the full list of companies here >>> 

MORE COVERAGE:

TOP 100: The Top Ten companies and how they fared>>
TOP 100: The fastest movers of 2019>>
TOP 100: The stellar sectors>>
TOP 100: Arrivals and departures>>
TOP 100: The biggest losers of 2019>>

Editorial by Food & Drink Business. All data sourced from IBISWorld.

Food & Drink Business

Nestlé has invested more than 100 million Swiss Francs (RMB 730 million, AU$155.6 million) in a significant expansion of its operations in China. While it will grow its existing pet food plant in Tianjin, it will also develop new production facility – the company’s first in Asia – for plant-based products.

Yowie Group has proposed a four per cent share capital return, subject to shareholder approval and an ASX waiver. Company secretary Neville Bassett said the decision reflected the board’s consideration that Yowie had surplus capital at the end of April 2020 in excess of its working capital requirements.

Meal kit company Marley Spoon has added snacks to its home delivery service. The snacks are designed to be made at home and will launch on 1 June.