Food & Drink News: Aug 19 - Australia (5 stories)

Wednesday, 19 Aug 2026 Daily Food & Beverage Australia

Here is your Daily summary for Food & Beverage across Australia for Wed 19th August 2026

Magnum Ice Cream is set to buy back €90 million in shares, signaling confidence in its market position and potentially enhancing shareholder value. Meanwhile, A2 Milk has reported double-digit revenue growth, overcoming previous supply chain disruptions in China, which bodes well for its recovery and future sales prospects.

Nestlé is innovating by developing products aimed at consumers experiencing nutritional side effects from rapid weight loss, reflecting a shift towards health-conscious offerings. In local news, Sweet Belem has expanded with a second bakery in Barangaroo, indicating strong demand for its products and a successful growth strategy.

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