In this episode, Food & Drink Business editor Kim Berry is joined by Cormac Henry, the Associate Director for Food and Drink at Mintel for their annual catch-up on the trends to watch. 

From printing to publishing, Yaffa Media has always been about its people and niche audiences. Founded in 1925, it is one of Australia’s largest independent media companies. This year marks a centenary of storytelling.

Food & Drink Business presents its annual flagship Top 100 Food & Drink Companies Report for 2024. Compiled in collaboration with IBISWorld, the report ranks by revenue Australia’s biggest players in the food and drink sector. It’s your go-to industry resource into Australia’s largest manufacturing sector.

Former FAL CEO found guilty of fiduciary crimes

Former CEO and director of FAL Healthy Beverages (FAL HB), Efthymios (Tim) Xenos, has been found guilty of making business decisions while bankrupt, and using company funds to pay personal legal costs, in a case that has taken almost a decade to resolve.

Prohibition Liquor raises $2.693m in crowdfunding campaign

Award-winning South Australian distillery, Prohibition Liquor, has closed its equity crowdfunding campaign, after raising $2.693 million from 1183 investors – becoming the third largest liquor raise in Australian crowdfunding history.

Tackling food waste, one dram at a time

Hang 10 Distillery was created by Deon Rowe and Marine Raynard after the ABC’s War on Waste series inspired them to find a way to tackle food waste by making sustainable spirits. Keira Joyce speaks to the pair about the road to making a world-first whisky with leftover sourdough.

Farm Frites plans $425m plant in the Wimmera

Potato product manufacturer, Farm Frites, has selected a site in Dooen in Victoria’s Wimmera district for its first Australian production facility. The company’s Australian business was founded in 2016 and supplies the food service industry and quick service restaurants.

NSW gov releases Industry Policy, drags feet on Innovation Blueprint

The NSW government has released the state’s first Industry Policy, aiming to promote collaboration across industry, the innovation sector, and trade businesses to grow the economy. However, businesses are left waiting for its Innovation Blueprint, originally expected in July 2024.

Fonterra partners with Mars and Nestlé on dairy farm sustainability

Dairy co-operative, Fonterra, is working towards its sustainability targets through new funding from the company itself, and through separate agreements with Mars and Nestlé, aiming to reduce emissions from its farmers.

FSANZ opens submissions for caffeine restriction update

Food Standards Australia New Zealand has undertaken a second round of public consultation on its review of the addition of caffeine to food, closing 15 April, which will specifically target sports foods and consider the risk posed to sensitive sub-populations.

Packaging News

Huskee is launching a turnkey reusable cup system for venues and events, ‘Borrow by Huskee’ – a free program allowing patrons to borrow Huskee’s innovative reusable cups and return them via a SmartBin.

Veolia has signed a $109m contract to build, operate and maintain a new materials recovery facility in Hume, ACT, with capacity to process up to 115,000 tonnes of mixed recyclables annually.

Visy has introduced an interactive virtual tour of its recycling facility, timed to coincide with Global Recycling Day (18 March), and aiming to demystify the recycling process for Australians.