Multinationals reap billions from strong processed food demand in New Zealand

Many international food brands operate in NZ.

Mon, 24 Mar 2025

Multinational food companies have been enjoying stellar annual growth in revenue, dividends and royalties from New Zealanders hooked on sweet, salty, ultra-processed, pre-packaged and takeaway food.Sales increases of up to and even higher than 10% feature annually in accounts filed by foreign-owned food distributors at the Companies Office. Covid disrupted global supply chains in some sectors during the pandemic, but recovery appears rapid. However, weather and other events have created issues. Cedenco Foods New Zealand, owned by Japa...

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