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A biodegradable cup suited to both food and beverages of different temperatures will be launched next month.

Made to be used for ice cream, hot drinks, and takeaway food, the Foopak Bio Natura Cup uses a biodegradable aqueous coating as an alternative to a PE lining, ensuring the packaging is easily recyclable and compostable at end-of-life without the need for expensive plastic separation.

The cup joins the range of Foopak products spanning greaseproof papers and boards, cupcake and other bakery liners, as well as heat-sealable, PE and folding boxboards.

The Foopak range is halal-certified to the Indonesian HAS 23000 standard, helping brands to appeal to the growing number of Muslim consumers.

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.