July News Review

In this episode of PLAY, Food & Drink Business editor Kim Berry looks at the major news stories of July. The executive appointments, grand openings, acquisitions, and more.  

June/July issue out now

Welcome to the June/July issue of Food & Drink Business magazine. We catch-up on the latest for the RTD market with Lion's director of RTD and Spirits, Albertus Lombard, and furthering our Beverage Business feature T Garage provides its insights on natural beverages and opportunities for brands. And while winter is upon us, it is certainly not dampening the joy and success of this year's Hive Awards as our wrap-up and gallery attest. These stories and so much more are ready for your reading. Enjoy. 

Personalised food, sustainability, alternative protein sources, and the growing influence of private labels are major themes for the food and beverage sector. A recent webinar hosted by Anuga and its knowledge partner, Innova Market Insights, identified key trends currently at play and emerging.

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.

Australian Distillers appoints Kylie Lethbridge as GM

Australian Distillers has appointed Kylie Lethbridge as its new general manager. She will start in the role on 27 October. Her most recent role was CEO of the Independent Brewers Association.

Maxwell Wines acquires Fox Creek Wines

Maxwell Wines says its acquisition of the McLaren Vale wine producer, Fox Creek Wines, is aimed at safeguarding the legacy of the region’s wine heritage. The winery says it will preserve the brand’s integrity while breathing life into its operations.

On your marks: Lion releases latest RTD

With beverage company, Lion, releasing the latest flavour for its Japanese-style ready-to-drink, Kirin Hyoketsu, Food & Drink Business spoke with Lion director of RTD and Spirits, Albertus Lombard, to discuss the company's portfolio and recent market trends.

TFI cuts shifts amidst livestock shortage

Thomas Foods International has moved from two shifts to one extended single shift at its Lobethal processing facility, due to drought and lower livestock supply. The company said it was a “difficult but necessary decision”, given current market conditions.

Food price inflation slows, key categories still climb

Annual food price inflation eased to 3 per cent in the June quarter, according to the latest Consumer Price Index (CPI) data from the Australian Bureau of Statistics (ABS), down from 3.2 per cent in the March quarter. Meanwhile, egg prices continue to soar.

Sydney craft brewers acquired by UK hospo collective

Sydney craft breweries, Wayward Brewing Company and Akasha Brewing Company, have been acquired by Powder Monkey Group, an independent hospitality collective with operations across the UK and Australia.

Packaging News

iQRenew has been awarded $9.1 million in joint funding from the Australian and NSW governments to upgrade its SPEC recycling facility to increase its capacity to process soft plastic packaging.

The ACCC's Draft Determination to authorise Soft Plastics Stewardship Australia’s nationwide recycling scheme marks the most significant step yet in rebuilding the nation’s ability to recycle one of the hardest packaging formats in the waste stream.

Henkel Australia is celebrating five decades of operations, reflecting on its commitment to sustainable practices, long-standing partnerships, and community support.