Fellr is Australia’s fastest growing new company

The Australian Financial ReviewThe top rank in the Fast 100 has been taken out by Naked Life Non-Alcoholic Spirits, and the fastest of the Fast Starters is Fellr, which makes products in the only alcohol category still getting bigger after the record highs seen during the COVID-19 pandemic.

Meanwile, Fellr’s story involved a leap of faith to which most of their fellow Fast list finalists could relate. “We felt this method gave our drinks a fuller mouth feel and depth of flavour, versus a lot of the other seltzers that are made with distilled spirits or neutral grain spirit,” says Morgan.

“As soon as restrictions lifted we hit the pavement. We got a ton of ‘nos’ at first – nobody knows who the customers are for a new product – but because we over-invested in quality ingredients for our liquid, we gradually started to cut through.”in Australia grew 282 per cent in 2021-22 to become a $210 million category.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

This alcohol-free drinks maker is Australia’s fastest growing companyNaked Life, which produces non-alcoholic spirits, has topped the 2022 AFR Fast 100 list, achieving a compound annual growth rate of 331 per cent over the last three years.
Source: FinancialReview - 🏆 2. / 90 Read more »

Marine science business expands its footprint with environmental workRenewable energy push has boosted the bottom line for O2 Marine, a Fast 100 list company which has doubled its workforce in the past 12 months.
Source: FinancialReview - 🏆 2. / 90 Read more »

Fellr is Australia’s fastest growing new companyAFR Fast Starters list-topper has recorded a compound annual growth rate of 1863 per cent over the past three financial years.
Source: FinancialReview - 🏆 2. / 90 Read more »