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PMMI, The Association for Packaging and Processing Technologies, has reported a 25 per cent increase in vegetarian and a 257 per cent rise in vegan global food and drink product launches between 2010 and 2016.

“Increasing consumer demand for more healthful foods and beverages continues to fuel the rise of organic, vegetarian, and vegan products,” Jorge Izquierdo, vice president of market development at PMMI, said.

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“Meanwhile, growing demand for convenient, on-the-go and single-serve options underscores the need for brand owners to accommodate more active consumer lifestyles.”

In addition to their own health and wellness, consumers are also showing greater concern for the environmental impact of the supply chain, particularly food waste.

Meanwhile, interest in greater packaging sustainability remains strong.

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“Shifting consumer preferences for natural, healthy and earth-friendly brands place new demands on the manufacturing operations of food and beverage processors,” Izquierdo said.

“These companies must fine-tune product lines to accommodate new ingredients, implement alternatives to chemical preservatives, and often build or modify lines for greater flexibility.

"And they must do it all while minimising changeover times and learning curves for operators.”

Food & Drink Business

Western Australian producer, Brownes Dairy, has been put up for sale according to the Australian Financial Review (AFR), as one of its biggest lenders, China Mengniu Dairy, calls in its $200 million loan. A reduced demand for milk in China and the current positioning of the global market could be driving the decision.

The Central Coast is about to receive a boost to its local food and beverage manufacturing industry, with construction starting on the $17.14 million Food Manufacturing Innovation Hub, funded by the federal government’s National Reconstruction Fund (NFR).

The Australian Industry Group (Ai Group) says Australia is at a “critical crossroads” when it comes to R&D and decades of rhetoric have not delivered material change.