Australian ready-made meal business, Fast Fuel Meals, has entered voluntary administration, with more than $20m in creditor claims outstanding as the company considers a change of ownership.
CocoCoast is targeting $200m in annual revenue within five years after growing 53% in the past year, as it looks to exploit gaps in the US beverage market created amid tariff disruption.
The evolution of fermentation from familiar tradition to a powerful platform for future food innovation was the topic of conversation at a recent invitation-only Novonesis business breakfast for business leaders from the Australian and New Zealand food and beverage industry.
