Since launching in 2019, Korean pear juice brand and hangover drink pioneer, Bae Juice, has sold over 5 million units across Australia, surpassing $10 million in total revenue, and growing 18 per cent year-on-year. As the company launches its first new formula since starting out, Food & Drink Business catches up with the Bae Juice team to discuss growth in the functional drink market.
Fonterra Co-operative Group is investing a further NZ$70 million towards decarbonisation of its Edendale site, building two new electrode boilers to replace its existing coal-fired boilers.
Taylors Wines is making a key leadership transition as part of its long-term succession plan – with managing director, Mitchell Taylor, stepping into the role of chairman of the board, and new CEO, John Freeman, commencing 21 July.