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The aluminium aerosol can market is on a growth path due to the popularity of deoderants, dry shampoos, and shower foams.

The first half of 2016 saw a boost in output of these cans by 4.5 per cent compared with the previous year.

The total output was 2.9 billion cans.

These figures are based on the output of member companies of Aerobal, the international organisation of aluminium aerosol container manufacturers.

These companies account for about 70 per cent of the world’s production of aluminium aerosol cans.

Aerobal president Eric Frantz said deodorants have shown “impressive growth” for years, while dry shampoos and shower foams are growing in popularity at the moment.

“In both the cosmetics and pharma sectors we're seeing a range of hidden marketing opportunities for aluminium aerosol cans due to the outstanding material properties of the packaging,” he said.

“This will open up market potential and give us reasons to be optimistic about the future of our industry despite a tougher competitive environment.”

Overall, the positive performance of the aluminium aerosol can is mainly due to solid growth in the North and South American markets, which have recovered again from a small dip in 2015.

User markets in Asia were very robust, and despite the difficult economic environment in the Middle East, the markets there were also stable with slight growth.

In contrast, shipments in the largely saturated European market stagnated in the first half of the year.

Food & Drink Business

Australia’s native food industry has received a boost – with Indigenous-owned Cooee Foods Australia acquiring native ingredients suppliers, Creative Native Foods – placing it under First Nations ownership for the first time in its 25 years.

The Top 10 remained a stable list this year, with five companies holding their position – Fonterra (#1), JBS (#2), Coca-Cola Europacific Partners (#3), Asahi (#4), and Thomas Foods International (#7). The biggest change was Treasury Wine Estates dropping out of the list, from #10 to #13.

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.