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.

Top 100 2025: The Top 10

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

Pure Foods Tasmania acquires Elato Ice Cream

Pure Foods Tasmania (PFT) has acquired premium ice cream brand, Elato, as it looks to restructure its frozen desserts portfolio and establish a new multi-brand ice cream division.

Time to future-proof for 2026

As 2025 draws to a close, many businesses are taking time to reflect and assess how they can stand their business in good stead for the year ahead. RSM Australia national manufacturing lead, Manufacturing, Louis Quintal, explains why future-proofing your business should be your 2026 new year’s resolution.

New Mondelēz facility wins award for Swisslog system

Intralogistics leader, Swisslog, and global snack food leader, Mondelēz International, have won an Australian Supply Chain and Logistics Association (ASCLA) award for a new automated distribution centre (DC) in Truganina, Victoria.

Banks Botanicals sold to Alchemy Distillers

Yarra Valley-based non-alcoholic distillery, Banks Botanicals, has been acquired by Alchemy Distillers – aiming to support the brand in its next stage of expansion and innovation.

Modelling resilient supply chains with food hubs

Australia’s food system is under pressure. Climate disruption, rising costs and growing demand for transparency are creating complex challenges for farmers, food businesses and communities. A new report from Food Connect Foundation argues that the solution lies in rebuilding the “missing middle” of food infrastructure, and offers a strategy for how communities, industry and investors can do exactly that.

Packaging News

Melbourne-based Wallaby Water has unveiled a next-generation automated line dedicated to filling and capping aluminium bottles and cans – a facility purpose-built to process local spring waters, including sparkling mineral formats, with high precision and throughput.

iQRenew is supplying the recycled household soft-plastic material used to produce a satchel at the centre of a national circular clothing pilot by Australia Post and R.M.Williams.

Foodcare is set to acquire UPAC, a manufacturer and distributor of food packaging including printed bags and flexibles, in a move the company says will strengthen its offering in the packaging sector.