The Australian Food and Grocery Council has released its latest State of the Industry report, which it says highlights the industry’s resilience in the face of rising costs, growing 11.6 per cent by value in 2022/23 though seeing a 7 per cent decrease in operating profit. Among highlights in the report: – The sector’s total…
Evolve Group expands production Brisbane-based product developer and manufacturer Evolve Group has announced “a major phase of growth” and an increase in capacity with three new machines. “Our production area is scaling up impressively with the addition of… a Yizumi UN260 A5 260 Ton and two Yizumi PAC350K 350 Ton machines, each featuring high-tech robotic…
Prime100 launches new packaged pet food product Melbourne-based pet food company Prime100 has partnered with Tetra Pak to launch a premium dog food product line in cartons (pictured) with “the lowest CO2 footprint in the market”. The new SPD (Single Protein Diet) product range is available in seven flavours and packaged in Tetra Recart. Products for…
Food and grocery manufacturing turnover grew 7.4 per cent in value over 2021-22, though capital investment stalled and employment shrunk by a per cent, according to a report from the industry’s peak body. The Australian Food and Grocery’s annual State of the Industry report recorded an increase in revenues to $144.1 billion – driven by…
