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Twenty-twenty was an eventful year to say the least. As the tumultuous year comes to a close, the world is still reeling from the deadly Covid-19 pandemic, which has impacted every aspect of life and business.

But there was more to this year than disease and strife. Big deals were done, innovations launched, and progress towards sustainability was made.

To read the roundup of the most important stories of the year, published in PKN's Nov-Dec 2020 issue, click here.

Food & Drink Business

Good Drinks Australia has reported an 18 per cent lift in sales volume to 7.5 million litres for the first quarter of FY27, with own brand volumes up 25 per cent to 4.6 million litres and Matso’s up 71 per cent.

Bega Group has taken its Dairy Farmers brand into ready-to-drink meal replacement and added creatine and collagen to its protein smoothie range, as consumer research shows snacks displacing sit-down meals.

The latest report from RaboResearch has found impact from the Reserve Bank’s fifth interest rate rise this year on the food and beverage sector is weakening demand, raising input costs and splintering food inflation by category.