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Top 10 FMCG Companies in Australia 2026

From Bega Group and Treasury Wine Estates to Inghams and Arnott's, here are the top 10 FMCG companies in Australia for 2026, with verified FY26 results.

Top 10 FMCG Companies in Australia

Look around any Australian supermarket and you’ll see a lot of big brands. Biscuits, cheese, chicken, beer, soft drinks and even vitamins mostly come from a fairly short list of companies.

Some of them go back more than 100 years, and some have changed owners in deals worth billions. 2026 has been a big year for several of them, too. Bega Group lifted revenue to A$3.77 billion in FY26 while shutting one of its factories. Treasury Wine Estates wrote down US assets, and Inghams grew volume while its earnings fell.

That’s why our 2024 list is out of date. Cost pressure, private equity and foreign ownership are reshaping Australia’s FMCG companies. This guide looks at the top 10 FMCG companies in Australia for 2026, ranked on scale, brand strength, local manufacturing and verified 2025-2026 performance.

Also Read: Top 10 Healthcare companies in Australia 2024

Why the FMCG Sector Matters to Australia

FMCG stands for fast-moving consumer goods: the everyday items Australians buy again and again. Here, the sector links farmers, factories, retailers and export markets.

Local Manufacturing and Regional Jobs

Most of the companies on this list still make their products in Australia. Bega Group is based in the NSW town of Bega, SunRice runs from Leeton in the Riverina, and Inghams employs 8,200 people across Australia and New Zealand.

A Link Between Farms and Shelves

A lot of Australian produce goes through these companies before it reaches the supermarket, whether it’s dairy, chicken, rice, grapes or fresh fruit and vegetables. When they invest or cut back, growers feel it quickly.

Export Earnings

Australia’s FMCG companies send their products around the world. Penfolds wine is sold globally, SunRice reaches about 50 markets, and Blackmores is sold in 17 Asia-Pacific markets.

Strict Food and Health Rules

All food sold in Australia must meet the Food Standards Code set by Food Standards Australia New Zealand (FSANZ). Vitamins and supplements count as complementary medicines, which the Therapeutic Goods Administration (TGA) regulates. Those rules raise the bar for every company on this list.

Top 10 FMCG Companies in Australia at a Glance

RankNameCore segmentKey 2026 figure
1Bega GroupDairy, spreads, milk and yoghurtFY26 revenue of A$3,774.6 million
2Treasury Wine EstatesWineFY26 EBITS of A$492.3 million
3Coca-Cola Europacific Partners AustraliaSoft drinks and waterNine production facilities, 3,000+ staff
4Carlton & United Breweries (Asahi)Beer and ciderBought by Asahi for A$16 billion (2020)
5LionBeer and spiritsSingle Lion ANZ business since October 2025
6Inghams GroupPoultryFY26 revenue of A$3,227.4 million
7The Arnott’s GroupBiscuits, snacks, soups, cerealsMore than 4,000 employees
8SunRice GroupRice and rice foodsFY26 net profit of A$73.3 million
9BlackmoresVitamins and supplementsSold in 17 Asia-Pacific markets
10Costa GroupFresh producePrivately owned since February 2024

Top 10 FMCG Companies in Australia (2026)

Below are the top 10 FMCG companies in Australia, in order.

1. Bega Group

Bega Group began in 1899, when local farmers set up the Bega Co-operative Creamery Company, and it’s still based in Bega, New South Wales. It grew into a national food company by buying Vegemite from Mondelez International in January 2017. In November 2020, Bega agreed to buy Lion Dairy & Drinks from Kirin for A$534 million, which brought in Pura milk, Dare and Yoplait.

FY26 was a good year for Bega. Revenue grew 6.7% to A$3,774.6 million, normalized EBITDA rose 12% to A$225.6 million, and the group posted a statutory profit of A$54.8 million. It got there by closing its Strathmerton site in Victoria, consolidating cheese work at Bega and selling its Kingaroy and Tolga peanut facilities. For FY27, it’s guiding to normalized EBITDA of A$240-245 million.

Key FMCG Strengths
✔ Vegemite and Bega Peanut Butter
✔ Pura, Dare and Yoplait dairy brands
✔ Cheese, milk and yoghurt at national scale
✔ Strong international sales, especially in Southeast Asia

Best for: Retailers and partners who want Australia’s broadest home-grown dairy and spreads portfolio.

2. Treasury Wine Estates

Treasury Wine Estates (TWE) was set up in 2011 when it demerged from Foster’s Group, and it’s based in Melbourne. It owns well-known wine brands such as Penfolds, Wynns Coonawarra Estate, 19 Crimes, Squealing Pig and Matua, plus US labels DAOU and Frank Family Vineyards. TWE announced the DAOU purchase in October 2023.

TWE had a mixed FY26. EBITS rose 19.2% to A$492.3 million, with Penfolds a strong performer, but write-downs on US assets left it with a statutory net loss of A$1,078.7 million, and it paid no final dividend. CEO Sam Fischer, who previously ran Lion, is leading a program called TWE Ascent that targets A$100 million a year in cost savings by FY29. Management expects FY27 EBITS to be at least level with FY26.

Key FMCG Strengths
✔ Penfolds, one of the best-known names in wine
✔ Brands across Australia, the US and New Zealand
✔ Key brands growing depletions ahead of their categories
✔ Clear cost-reduction plan under new leadership

Best for: Premium wine buyers, distributors and investors tracking Australia’s largest listed wine company.

3. Coca-Cola Europacific Partners Australia

Coca-Cola Europacific Partners Australia is one of the country’s biggest bottlers and distributors of non-alcoholic and alcoholic ready-to-drink beverages. Its parent company, Coca-Cola Europacific Partners, is based in Uxbridge, England, and took over Coca-Cola Amatil in 2021. The Australian business has a 117-year history here, and its head office is in North Sydney.

It has more than 3,000 employees, nine production facilities and eleven warehouses, and it serves more than 100,000 customers across over 90% of Australian postcodes. Its brands include Coca-Cola, Fanta, Sprite, Monster, Kirks and Mount Franklin. A new Warmfill line at its Moorabbin plant in Victoria, built to make the full Powerade and Fuze Tea range, was designed for up to 17.8 million unit cases a year and was due to be running by the first quarter of 2026.

Key FMCG Strengths
✔ Coca-Cola, Sprite and Fanta soft drinks
✔ Mount Franklin water and Kirks mixers
✔ Monster energy drinks
✔ Bottling or distribution sites in every state and territory

Best for: Retailers, venues and convenience stores that need national soft drink supply.

4. Carlton & United Breweries (Asahi Beverages)

Carlton & United Breweries (CUB) traces its roots to a merger of Melbourne breweries in the early 1900s and is based in Melbourne. Japan’s Asahi bought it from AB InBev for A$16 billion, completing the deal in 2020. Before it could, the ACCC required Asahi to sell some brands, including Strongbow, Stella Artois and Beck’s.

Asahi then merged CUB with Asahi Premium Beverages, and the combined business trades as CUB, selling beers from Australia and around the world. Its Australian beers include Victoria Bitter, Great Northern, Carlton Draught, Pure Blonde, Balter, 4 Pines and Pirate Life, alongside international brands such as Asahi Super Dry, Peroni and Corona. At the time of the deal, CUB was described as Australia’s biggest brewer.

Key FMCG Strengths
✔ VB, Great Northern and Carlton Draught
✔ Craft brands such as 4 Pines, Balter and Pirate Life
✔ Imported premium beers including Peroni and Corona
✔ Backing of the Asahi group

Best for: Pubs, bottle shops and retailers that need Australia’s best-known mainstream beer brands.

5. Lion

Lion has more than 180 years of heritage and has been fully owned by Japan’s Kirin Holdings since 2009. Its beers include XXXX, Tooheys, James Squire, Hahn and Little Creatures. It has sold businesses in the past, too, including Lion Dairy & Drinks, which went to Bega in 2021.

On 1 October 2025, Lion combined its Australian and New Zealand operations into a single business, Lion ANZ, under new CEO Anubha Sahasrabuddhe. She joined Lion in 2021 after senior roles at Coca-Cola and Mars Wrigley. Its US businesses, New Belgium Brewing and Distinguished Vineyards, now report directly to Kirin. In 2020, Lion Australia became the first major brewer in the country to be certified carbon neutral.

Key FMCG Strengths
✔ XXXX and Tooheys mainstream beers
✔ James Squire and Little Creatures craft ranges
✔ A spirits business
✔ Combined Australia and New Zealand operations

Best for: Venues and retailers looking for a strong mix of mainstream and craft beer.

6. Inghams Group

Inghams was founded by Walter Ingham in 1918 in Liverpool, New South Wales, as a family business. His sons Bob and Jack grew it, and the company now calls itself the largest integrated poultry producer across Australia and New Zealand. It has 8,200 employees and supplies supermarkets, quick-service restaurants, foodservice distributors and wholesalers.

In FY26, revenue rose 2.4% to A$3,227.4 million and core poultry volume grew 1.9%. Australian retail volumes excluding Woolworths jumped 17.2%. But higher costs cut underlying EBITDA by 21.2% to A$186.4 million, and net profit fell to A$34.6 million. CEO Ed Alexander delivered A$82.3 million in cost savings, and for FY27 the company is guiding to underlying EBIT of A$155-180 million.

Key FMCG Strengths
✔ Chicken for retail and foodservice
✔ A strong position in Australian turkey
✔ Stockfeed in Australia and dairy feed in New Zealand
✔ Supply to retail, QSR and foodservice

Best for: Retailers and food businesses that need reliable, large-scale poultry supply.

7. The Arnott’s Group

The Arnott’s Group’s story began in 1865, when William Arnott opened his first factory in Newcastle, New South Wales. Today it’s Australia’s largest biscuit producer, with its head office in Sydney. Campbell Soup agreed to sell the business to KKR in July 2019 for US$2.2 billion, and it has used the Arnott’s Group name since August 2020.

It has more than 4,000 employees across the Asia-Pacific and manufactures in Australia, New Zealand, Malaysia and Indonesia. It keeps investing. In November 2024, it bought the Mother Earth, Flemings and VP brands from New Zealand’s Prolife Foods. In February 2025, it opened a 45,000-square-meter site in Rowville, Victoria, that can make 180 million muesli and protein bars and 300 million bowls of muesli a year.

Key FMCG Strengths
✔ Tim Tam, Shapes, Jatz and Iced VoVo
✔ Campbell’s soups outside North America
✔ Freedom Cereals and Messy Monkeys
✔ Manufacturing in four countries

Best for: Retailers wanting Australia’s best-known biscuit and snack brands.

8. SunRice Group

SunRice was set up in 1950 by NSW rice farmers. It’s headquartered in Leeton in the Riverina, has a corporate office in Sydney and is listed on the ASX. The group owns around 35 major brands, including SunRice, Riviana, Mahatma, Trukai and Hinode, and sells into about 50 markets worldwide.

For FY26, reported in June 2026, SunRice posted net profit after tax of A$73.3 million, up 4%, on revenue of A$1.80 billion. It declared a record total dividend of 70 cents per B Class Share, fully franked. CEO and Managing Director Paul Serra has flagged that FY27 profit is expected to be materially lower, which makes SunRice one to watch over the next year.

Key FMCG Strengths
✔ SunRice, Riviana, Mahatma and Trukai
✔ Around 35 major brands
✔ Export reach across about 50 markets
✔ Grower-founded heritage dating to 1950

Best for: Shoppers and retailers who want Australian-grown rice and pantry staples.

9. Blackmores

Blackmores grew out of the work of naturopath Maurice Blackmore, who opened one of Australia’s first health food stores in Brisbane in the 1930s. Today it’s based in Warriewood on Sydney’s northern beaches. The company listed on the ASX in May 1985 and was bought by Japan’s Kirin Holdings in an A$1.88 billion takeover completed in August 2023.

Blackmores products are sold in 17 Asia-Pacific markets, and the group also owns the practitioner brand BioCeuticals, which it bought in 2012. In February 2026, Kirin set up Kirin Health Science International in Sydney to run its consumer health business outside Japan from April 2026. Blackmores CEO Alastair Symington was named its president and keeps his Blackmores role.

Key FMCG Strengths
✔ Vitamins, minerals and herbal supplements
✔ BioCeuticals practitioner products
✔ PAW by Blackmores pet care
✔ Lyprinol green-lipped mussel oil

Best for: Consumers and pharmacies looking for a trusted Australian supplement brand.

10. Costa Group

Costa Group began life as a family-owned fruit shop in Geelong in 1888. It’s now a leading Australian fresh produce company, with its head office in Ravenhall, Victoria. It grows and markets berries, mushrooms, tomatoes, citrus, bananas, avocados and table grapes.

In February 2024, Costa was taken private by a consortium led by Paine Schwartz Partners, alongside Driscoll’s and British Columbia Investment Management Corp. Deputy CEO Marc Werner became CEO shortly after. Costa also farms berries overseas, with about 368 hectares of blueberries in Morocco through its African Blue joint venture and about 381 hectares of berries in southern China.

Key FMCG Strengths
✔ Berries, including blueberries and raspberries
✔ Mushrooms and tomatoes
✔ Citrus, avocados and table grapes
✔ Farming operations in Morocco and China

Best for: Retailers that need year-round, large-volume fresh produce.

How to Choose the Right FMCG Partner in Australia

If you’re a retailer, distributor or supplier working with these companies, here are the things to consider.

Check Compliance First

Make sure food partners meet the FSANZ Food Standards Code, and that supplement makers have their products listed or registered with the TGA. Get it in writing before you sign anything.

Look at Local Manufacturing

Local manufacturing can matter in a business partnership. Bega, Inghams and Arnott’s make much of their range in Australia, and companies like them are often better placed to handle supply shocks. Ask where products are made and how many sites back up each line.

Study Recent Financial Results

Listed FMCG companies in Australia publish their results on the ASX. If a business is cutting costs or writing down assets, it may change its priorities, so check its latest annual report.

Weigh Brand Strength

Shoppers know brands like Tim Tam, VB and Vegemite by name. Household names drive traffic into stores, which is why category leaders still win shelf space.

Understand Ownership

Many large FMCG companies in Australia are owned by overseas groups or private equity. Make sure you know who you’re dealing with and where they stand on growth and investment.

Frequently Asked Questions About FMCG Companies in Australia

What is the largest FMCG company in Australia?

It’s hard to say, because many big players are privately owned or foreign-owned and don’t publish local revenue. Among ASX-listed names, Bega Group reported FY26 revenue of A$3,774.6 million and Inghams reported A$3,227.4 million.

Are most FMCG companies in Australia locally owned?

No. Several of the biggest are owned overseas. Kirin owns Lion and Blackmores, Asahi owns CUB, KKR owns Arnott’s and a Paine Schwartz-led consortium owns Costa. Bega Group, Inghams, SunRice and Treasury Wine Estates are listed on the ASX.

Which regulators oversee FMCG products in Australia?

FSANZ develops the Food Standards Code for food, and the TGA regulates complementary medicines such as vitamins. The ACCC reviews major mergers, as it did when Asahi bought CUB.

Which company is best to work with?

There’s no single best FMCG company for everyone. It comes down to your product category, your volume and whether you need national reach or a specialist.

Conclusion

From family-founded businesses to multinational groups, the top 10 FMCG companies in Australia for 2026 are a mix of old names and new owners. Bega, Inghams and Arnott’s still make much of what they sell here, while Lion, CUB, Blackmores and Coca-Cola Europacific Partners show how much of the sector is now owned offshore.

The year ahead will test all of them. Costs remain high, Inghams is still absorbing higher feed and transport bills, and SunRice expects lower profit in FY27. The FMCG companies in Australia that keep investing in local production and strong brands are the ones most likely to stay on top.

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Chirag Thakur

Editor, Business News · CEO Review Magazine

Chirag Thakur covers business news for CEO Review Magazine, along with markets, technology and industry explainers and the magazine's Top 10 rankings of companies and leaders.