Food Business Update: Apr 20 - Australia (5 stories)

Here is your Daily summary for Food & Beverage across Australia for Mon 20th April 2026

Nutella is shaking up its long-standing product lineup with the introduction of its first new flavor in 60 years, blending its classic cocoa and hazelnut spread with roasted peanuts. This innovation could attract both loyal fans and new customers, highlighting the brand's commitment to evolving in a competitive market.

In corporate news, McCormick has appointed a chief integration officer to oversee its merger with Unilever's food division, signaling a strategic move to streamline operations and enhance product offerings. Meanwhile, BTIG has identified key U.S. food stocks likely to see profit growth, indicating a positive outlook for the sector.

Brinker International is also in the spotlight, maintaining a Buy rating from UBS following the launch of a new chicken sandwich, which is expected to boost sales and market presence. These developments reflect a dynamic landscape in the food and beverage industry, where innovation and strategic leadership are crucial for success.