• Shining example of success: Steve Chapman (CEO), Andrew Dewez (COO) and Dr Sam Prince (co-founder) accept the NSW Telstra Business Award in the Small & Succeeding category.
    Shining example of success: Steve Chapman (CEO), Andrew Dewez (COO) and Dr Sam Prince (co-founder) accept the NSW Telstra Business Award in the Small & Succeeding category.
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Beverage start-up Shine+ Drink has won the Small & Succeeding Award at the NSW Telstra Business Awards. PKN spoke to co-founder Steve Chapman.

I first met Steve Chapman at AUSPACK 2017 in Sydney, on the stand of the company's contract packer, Multipack. At the time, the start-up had launched its first SKU in a brand new functional beverage category – nootropic drinks. Nootropics are a group of ingredients and compounds that have been shown to assist cognitive function and mental clarity, and Chapman and co-founder Dr Sam Prince had developed a 100ml nootropic 'shot' branded shine+.  They were listed in 150 retail outlets and Chapman was excited about the future.

Peach & Passionfruit 400ml Shine+ has just launched in Seven-11 stores.
Peach & Passionfruit 400ml Shine+ has just launched in 7-Eleven stores.

With due cause, it turns out. Fast forward to today, Shine+ Drink products are available in multiple SKUs and two sizes, 100ml and 400ml, and are listed in 5000 stores, including Coles, Woolworths, Coles Express, Harris Farm, IGA and Caltex Starmart. Speaking to PKN shortly after the award was announced, Chapman said that the company has just launched into 7-Eleven stores with a new Peach & Passionfruit SKU in its 400ml carbonated range.

"Winning the NSW Telstra Award gives us major credibility as a brand. The judging process involved a thorough scrutiny of our business, and the win validates our business model and our marketing strategy," Chapman says.

It's not the company's first accolade either. Shine+ Drink was a finalist in the packaging industry's PIDA awards earlier this year in the Beverage category for its custom tall and thin 400ml bottle which "conjures thoughts of health and wellbeing through bottle shape and the shrink sleeve label design".

It has also won a World Beverage Award for its social corporate give-back programme, Shine for Water. Every bottle of Shine+ sold gives a day’s worth of clean drinking water to someone in need.

Shine+ Drink now goes on to compete in the National Telstra Business awards, to be announced at a gala dinner in Melbourne in November.

Food & Drink Business

The Top 10 remained a stable list this year, with five companies holding their position – Fonterra (#1), JBS (#2), Coca-Cola Eurpacific 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.

Welcome to this year’s Top 100 edition. Each year, when we sit-down with IBISWorld to review the list, there is a sense of anticipation about what it will reveal. New entrants, big jumps and the inevitable tumbles, the list has it all.

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.