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Milk flavouring straw brand Sipahh is going through its second "brand evolution" in five years to appeal to consumer demand for low-sugar products.

The milk modifier has less than half a teaspoon of sugar per straw and is a precise portion-controlled drink which encourages consumption of plain milk.

Sipahh has worked to improve the lower-sugar message on packaging to help consumers choose well in a high-pressure category.

"The new look will also include softened pack colours so the product looks more natural, supporting the 'less than half a teaspoon of sugar' message," marketing manager Georgie Scott said.

Food & Drink Business

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.

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.

The surge in usage of ‘GLP-1’-style weight loss medications is seeing a “ripple effect” begin to unfold, impacting eating patterns in a number of countries around the world, Rabobank says in recently released research.