Food Business Update: Feb 27 - Australia (5 stories)

Friday, 27 Feb 2026 Daily Food & Beverage Australia

Here is your Daily summary for Food & Beverage across Australia for Fri 27th February 2026

Iceland Seafood is projecting record profits driven by high cod prices and plans for shrimp expansion, highlighting a significant growth opportunity in the seafood sector. Meanwhile, the Baker’s Dozen event will return to Melbourne in 2026, continuing its tradition as a key attraction during the Melbourne Food & Wine Festival, which underscores the city's vibrant culinary scene. In earnings reports, Where Food Comes From showed mixed results, while Danone reported growth despite currency challenges, indicating resilience in the food industry. Freshpet's upcoming earnings will be closely watched to see if the premium for fresh food can be justified in a competitive market.

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