Bellamy’s Organic recorded $200 million in revenue in 2021, but CEO Tarsi Luo is not stopping there
At a time when operating globally is arguably trickier than ever — thanks to pandemic-related supply chain challenges and shipping delays — one of Australia’s biggest baby formula companies is hitting the accelerator.
Bellamy’s Organic, headquartered in South Melbourne, is forecast to grow 20-25% this calendar year, up from $200 million annual revenue in 2021.
It’s a long way from its beginnings as a small family business masterminded by Tasmanian mother Dooley Crighton-Bellamy, who wanted an organic baby food option for her first child.
With then-partner David Bellamy and a small band of family and friend investors, the business was founded in the early 2000s, and later bought out by Tasmanian Pure Foods.