July 2026
Largest Food & Beverages Public Companies in Australia
Benchmark revenue and EBITDA valuation multiples for public comps like
Bega Cheese, Cobram Estate Olives, SunRice, Inghams Group and SPC Global Holdings.
 | Bega Group is an Australia-based dairy processor and food manufacturer of well-known brands including Bega Cheese and Vegemite. Bega operates two segments: The branded segment produces consumer packaged goods primarily sold through the supermarket and foodservice channels, while the bulk segment produces commodity dairy ingredients primarily sold through the business-to-business channel. | $4 | +11% | $1.3B | $1.5B | 0.6x | 11.9x | ||
| Cobram Estate Olives Ltd is a producer and marketer of premium quality extra virgin olive oil. It owns the two Australian extra virgin olive oil brands, Cobram Estate and Red Island. The company's geographical segment includes Australia; United States of America and Innovation and value-added products. It derives a majority of revenue from Australian operations. | $3 | +42% | $1.2B | $1.4B | 6.4x | 17.1x | ||
| Ricegrowers Ltd is engaged in offering varieties of rice and related products. The business activities of the company are operated under Rice Pool, International Rice, Rice Food, Riviana, CopRice, and Corporate segments. The principal activities of the company and its entities consist of the purchase and storage of paddy rice, the milling, processing, manufacturing, procurement, distribution, and marketing of rice and related products, animal feed and nutrition products, groceries, and others. The company generates maximum revenue from the International Rice segment. | $9 | +13% | $647M | $752M | 0.6x | 7.3x | ||
| Inghams is the largest vertically integrated poultry producer in Australia and New Zealand. The firm enjoys a number-one position in Australia with approximately 40% market share and a number-two position in New Zealand with around 35% share. Inghams supplies poultry products, notably to major Australian supermarkets Woolworths and Coles and quick-service restaurants McDonald's and KFC. Sales are heavily skewed toward poultry, which includes the production and sale of chicken and turkey products. | $1 | -42% | $533M | $1.4B | 0.7x | 5.9x | ||
| SPC Global Holdings Ltd, formerly The Original Juice Co Ltd is an Australian beverage and wellness supplement company, specializing in the development of inventive health-focused products for retail in Australia and Asia. The Group has three reportable segments: SPC, Original Beverage Co, and Nature One. The company generates key revenue from SPC segment. | $0 | -71% | $81M | $289M | 1.2x | 14.6x | ||
| FFI Holdings Ltd engages in the processing, manufacturing, packaging, and distribution of food products. The company serves a range of food products for the Australian industrial, wholesale and retail markets. Its food operations include the manufacturing of chocolate, confectionery products, jam fillings, processed apple products, and other small goods. The firm operates in Food Operations and Investment Property Segment. The Food Operations segment manufactures a wide range of predominantly bakery and home cooking needs food products for distribution to a diverse customer base.. Its Investment Property segment manages the company's industrial or commercial land which is held for investment purposes. Key revenue is generated from the Food Operations segment. | $3 | +2% | $40M | $38M | 0.9x | 5.1x | ||
| Farm Pride Foods Ltd is engaged in the production, processing, manufacturing, and sales of egg and egg products. It grades, packs, processes, supplies, and markets shell eggs and processed egg products within Australia, and exports to Asia. Egg varieties include freshly laid cage eggs, barn-laid eggs, and free-range egg varieties. | $0 | -20% | $35M | $47M | 0.7x | 3.8x | ||
| Noumi Ltd is an Australian company engaged in the business of sourcing, manufacturing, selling, marketing, and distribution of food products. Its product portfolio includes dairy, plant-based, and nutritional food and beverages. The brands offered by the company include Milklab, Australia's Own, Vital Strength, Uprotein, Crankt, and So Natural. The company operates in two segments which include Dairy and Nutritionals and plant-based Milks. The majority of its revenue derives from the Dairy and Nutritionals segment. | $0 | -17% | $21M | $460M | 1.1x | 12.4x | ||
| Australian Dairy Nutritionals Ltd is a vertically integrated dairy producer in Australia. The company's reportable segments include Nutritional Powders and Dairy Farms. It generates maximum revenue from the Dairy Farms segment which includes the ownership and operation of dairy farms and dairy livestock for the production and sale of fresh raw milk for conversion to milk and milk products. The Nutritional Powders segment includes the processing and sale of dairy and nutritional products to domestic and international markets. Its product portfolio includes milk; yogurt; butter and stockist among others. Geographically, it derives a majority of its revenue from Australia. | $0 | -- | $10M | $10M | 1.9x | (3.2x) | ||
| Jatcorp Ltd is a producer of dairy and nutrient products in Australia. The company's products include Moroka, Neurio, iOne, and Jinvigorate. Its Geographical segment includes Australia, China, New Zealand, and Vietnam. The company derives the majority of its revenue from Australia. | $0 | -67% | $9M | $12M | 0.5x | (2.8x) | ||
| Nuchev Ltd is a globally-oriented food business focused on developing, marketing, and selling a range of premium Australian made goat nutritional products. Its products include those branded under the Oli6 Bio Practica and Medicine Tree and a number of globally recognized European brands sold under exclusive license in Australia and New Zealand by bWellness. | $0 | -- | $9M | $7M | 0.4x | (3.2x) | ||
| Innovation Beverage Group Ltd is a developer, manufacturer, marketer, exporter, and retailer of a growing beverage portfolio of 70 formulations across 14 alcoholic and non-alcoholic brands. The company's focus is on premium and super premium brands. The Group has two reportable geographic segments: Australia and the United States. | Alcohol+1 | $1 | -- | $2M | $2M | 0.8x | (1.0x) | |
| Median | $1 | -17% | $38M | $168M | 0.8x | 5.5x |
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