Food Industry News: Jul 15 - Australia (5 stories)

Wednesday, 15 Jul 2026 Daily Food & Beverage Australia

Here is your Daily summary for Food & Beverage across Australia for Wed 15th July 2026

Benchmark has raised the stock price target for Chefs’ Warehouse, reflecting strong dining trends that indicate a robust recovery in the food service sector. This adjustment signals investor confidence in the company’s growth potential amid increasing consumer spending on dining experiences.

In beverage news, Taste of Awesomeness is expanding its global distribution network, now reaching markets in Oceania, New Zealand, and parts of Asia and Canada. This expansion is significant as it positions the brand for greater international visibility and sales growth.

The 2026 Queensland Baking Show is set to attract bakers from across the region, highlighting the ongoing enthusiasm for baking competitions and community engagement in the culinary arts. This event underscores the importance of local food culture and innovation.

Aker BioMarine reported a 5% revenue increase in Q2, driven by rising demand for krill oil, a key ingredient in health supplements. This growth reflects a broader trend towards natural health products, emphasizing consumer interest in wellness-oriented food and beverage options. Meanwhile, a recall has been issued for Tasmanian Mountain Waters due to microbial contamination, reminding consumers of the importance of safety in food and beverage products.

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