The overall production value of $5.83 billion represents a record high in dollar terms, which is an increase of 5.4 per cent compared to the previous year According to the newly released Australian Horticulture Statistics Handbook, Australia produced 3.59 million tonnes of vegetables in 2022-23, which had a production value[Read More…]
Australia
PepsiCo promotes Kyle Faulconer as CEO IndoChina Foods
To support Faulconer’s promotion, PepsiCo has also made two new General Manager appointments PepsiCo has recently announced that Kyle Faulconer, the current CEO of Australia and New Zealand (ANZ), will now be responsible for IndoChina Foods as well. Faulconer, who moved from the US business to join PepsiCo ANZ as[Read More…]
Coles launches Australia’s first veggie powder range
The company reduces food waste by converting imperfect Aussie vegetables such as broccoli, pumpkin and cauliflower into a powder that can be added to meals such as smoothies, muffins, and pasta sauce Coles has teamed up with vegetable company Nutri V to launch a range of new and innovative vegetable[Read More…]
Trek One Capital completes acquisition of Alter Eco Foods
Alter Eco is a leading manufacturer of premium organic dark chocolate bars, truffles, granola and quinoa and markets its products in the U.S., Canada, Australia and New Zealand Trek One Capital announces the acquisition of Alter Eco Foods. Alter Eco is a leading manufacturer of premium organic dark chocolate bars, truffles, granola and quinoa[Read More…]
Cadbury Australia announces to reduce use of virgin plastic packaging
The rollout of recycled material is expected to begin in Q1 of 2024 with blocks, then expanding into bar lines such as Cherry Ripe, Crunchie, and Twirl, as well as pieces of wrappers for Roses and Favourites Australian food and beverage brand Cadbury has partnered with global packaging leader Amcor[Read More…]
Australia exports $80Bn agri and food products in 2023
China remains Australia’s largest single export market, worth approximately $17 billion in 2022-23 Australia exported $80.4 billion in agriculture, fisheries and forestry (AFF) products in the 2022–23 financial year – a record high, and a 17 per cent increase on the previous year. Record crop production in 2022-23 coincided with[Read More…]
dsm firmenich announces approval of HMO ingredients for infant nutrition in Australia and New Zealand
dsm-firmenich is the first HMO manufacturer to apply and obtain approval for the four HMOs in this region dsm-firmenich, a leading innovator in health, nutrition and beauty, announced that it has gained approval for an additional four human milk oligosaccharide (HMO) ingredients for use as nutritive substances in infant formula products in[Read More…]
58% of Australians resolve to eat healthier in 2024
New data from OpenTable has unveiled new revelations about Aussies New Year’s Resolutions, with findings showing 38 per cent of Australians admitting to lying about breaking theirs With the New Year upon us, OpenTable has revealed brand new consumer insights that delve into Aussie’s resolutions for 2024, with more than half (58 per[Read More…]
Australia opens consultation on operation of dairy industry code
The Dairy Industry Code provides a fairer process for negotiating contractual arrangements between dairy farmers and dairy processors Australia’s Department of Agriculture, Fisheries and Forestry (DAFF) has opened a consultation on the operation of the Dairy Industry Code. The Dairy Industry Code provides a fairer process for negotiating contractual arrangements[Read More…]
Singapore’s luckin coffee and Australian Open announces multi-year partnership
The brand will introduce limited edition coffee cups and paper bags, all themed around the Australian Open Singapore-based luckin coffee and the Australian Open have announced their multi-year partnership with luckin coffee to become the Official Coffee Partner for the Australian Open in China and Southeast Asia. This partnership between luckin coffee and[Read More…]