IBISWorld reveals Australia's top drinks manufacturers for 2019
Lion has been named Australia's top drinks manufacturer in IBISWorld’s list of Australia’s Top 100 Manufacturers in 2019.
The Australia’s Top 100 Manufacturers 2019 list is based on reports lodged with ASIC for the financial year.
Overall, Caltex Australia was placed first, followed by Fonterra Australia, Perth Mint, BP Australia and Viva Energy.
Lion came in at No.15, up from 16th place in 2018. It was followed at No.16 by Coca-Cola Amatil (down from No.13 last year); Carlton & United Breweries at No.22; Treasury Wine Estates was at No.27 (down from No.23); Asahi at No.41 (up from No.44); Pernod Ricard at No.94 (up from No.99) and Accolade Wines at No.100.
It's shaping up to be another exciting year for Lion. It launched gluten-free Hahn Ultra Crisp in February and acquired 50% of Four Pillars Gin and 100% of UK brewery Magic Rock in March.
Drought and other extreme weather strongly impacted the performance of many food and drinks manufacturers in the top 100.
“While the leading group of manufacturers in this year’s ‘Top 100’, [they] also made up a strong proportion of the companies that fell the most or completely dropped off the list,” said Liam Harrison, a Senior Industry Analyst at IBISWorld.
“This problem is often compounded, with most food producers are unwilling or unable to pass these increased costs onto consumers due to their contractual agreements with the major supermarket chains.”
Harrison predicted that trade uncertainty, Chinese demand for agricultural products and commodity prices would have the largest impact on the industry in the next 12 months.
The Top 10
2. Fonterra Co-op Group
3. Perth Mint
4. BP Australia
5. Viva Energy
7. BlueScope Steel
Click here for the full report
Pictured: Lion's Amy Darvill, Jeff Potter and James Brindley.