News Wrap: 19 June

Every week, Food & Drink Business editor, Kim Berry, brings you the top stories in the food and beverage manufacturing sector. This week: Vow, FSANZ and the cell-cultured meat decision.

Every two years, Anuga provides the platform, creates the events, and the program that enables the world’s food and beverage sector to showcase the trends and directions of the industry around the world. Food & Drink Business editor, Kim Berry, speaks with the director of Anuga, Jan Phillip Hartman, about what visitors can expect at Anuga 2025.

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.

Lion adjusts sustainability action with greater collaboration

Lion’s 2024 Sustainability Performance Update outlines progress and projects it has undertaken against evidence based goals with an evolving approach to increase collaboration with its supply chain.

Mountain Culture announces plans for Fox Friday

Mountain Culture Beer Co has finalised its acquisition of Fox Friday Brewing and announced plans for its assets including rebranding some venues and on-selling Carwyn Cellars and the Perth brewpub.

Magic Valley cultured meat takes on NSW parliament

Members of the New South Wales parliament had the unique opportunity last week to taste the signature lamb meatballs and pork dumplings of cultivated meat company, Magic Valley. Cellular agriculture offers an opportunity for Australian biotechnology to lead the future of food, and Magic Valley is one of the forerunners.

Maggie Beer sells Paris Creek Farm

Victorian food manufacturer and distributor, Katoomba Global Foods (KG Foods), has acquired Paris Creek Farms (PCF) from Maggie Beer Holdings (MBH), three years after the company first announced it would offload its dairy assets.

Dilmah celebrates 40 years of teatime down under

Dilmah Tea is celebrating 40 years on Australian shelves, since first coming to Coles in 1985. In that time, Australians have consumed more than 28 billion cups of Dilmah Single Origin Ceylon Tea – that's 700 million cups per year, or nearly 2 million every day.

Bubs reaches major milestone in US

Bubs Australia has lodged its New Infant Formula Submission (NIFS) with the US Food & Drug Administration (FDA) - the final step in the FDA’s regulatory process to gain permanent access to the American market.

IWSR report: APAC opportunities for beverage alcohol

The latest research from IWSR has shown that overall growth is slowing in Asia Pacific’s beverage alcohol scene. A market that has previously been strongly driven by Australia is undergoing significant change as alcohol consumption declines, with emerging regions taking the lead.

Packaging News

Shareholders in Pact Group have voted overwhelmingly in favour of the company’s proposal to delist from the ASX, despite opposition from several smaller shareholders.

Australia has stepped firmly onto the global stage in support of an ambitious treaty to end plastic pollution, with Environment Minister Murray Watt announcing the nation’s commitment during the United Nations Ocean Conference in France. Meanwhile, local environmental leaders are urging the government to back its global words with accelerated domestic action.

Plastic resin made from recycled milk and juice bottles at a Pact-operated recycling facility in Melbourne meets US FDA safety requirements for use in HDPE food and drink packaging.