National Foods LogoThe new food giant, National Foods, was created by the Adelaide Steamship Company by amalgamating several dairy and food-related businesses with brand names and histories dating back to the 19th century. National Foods was part of an increasing concentration of ownership of food manufacture and marketing in Australia. By 1992, as a result of take-overs and consolidations among the big corporates, 60% of Australia’s food market was shared by only 20 food manufacturing companies.