Food Business Update: Jan 9 - Australia (5 stories)

Friday, 9 Jan 2026 Daily Food & Beverage Australia

Here is your Daily summary for Food & Beverage across Australia for Fri 9th January 2026

Buda Juice made a significant splash on the NYSE American, with shares soaring 60% upon debut, highlighting investor enthusiasm for health-focused beverage brands. Meanwhile, food, beverages, and alcohol continue to drive inflation, with coffee, tea, and cocoa seeing notable price increases, impacting consumer spending patterns.

In a concerning trend, global food waste is projected to reach $800 billion this year, underscoring inefficiencies in the retail supply chain. Additionally, Lamb Weston is set to close its Argentina plant as part of a strategy to enhance operational efficiency. In contrast, Nestlé's stock took a hit following a recall of infant formula in Germany and Austria, raising concerns about product safety and brand reputation.

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