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AAP
AAP
Business
Adrian Black

Food icon turns to powder as new items fuel recovery

Australian-made products have picked up traction in Asian markets, according to SPC. (PR IMAGE PHOTO)

Australian food and beverage icon SPC is on the road to recovery after years in the financial doldrums, but it's powder rather than peaches driving its comeback.

Functional milk powder - powdered milk with added vitamins and other nutritional supplements - was now its core product for markets in Asia, SPC Global chief financial officer Brant Clutterbuck said.

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