Top Ten Food and Beverage Companies in the World - Tharawat Magazine (2022)

Top Ten Food and Beverage Companies in the World - Tharawat Magazine (1)

Food and beverage production represents one of the largest global industries today. According to 2018research from Statista Market Forecast, worldwide revenue from the food and beverage industry is expected to reach just over the US$90 billion by the end of the year. With an expected annual growth of 11.4 percent, that number is projected to reach close to the US$139 billion by 2022.

In recent times, this lucrative industry has faced some headwinds, as evidenced by the sluggish growth in emerging markets, the plunge in commodity prices and the shift in consumer preferences towards healthier products. One of the strongest global trends is the move away from the use of artificial colors and flavors in favor of all-natural ingredients. This trend has reached the point where it has become a real differentiator for consumers.

Here’s a snapshot of the top ten food and beverage companies vying for global dominance (all figures are for food sales as of 2017):

10. Danone

Country of Origin: Spain

Revenue: $27.88 billion

Founded in 1919 in Barcelona and now headquartered in Paris, Danone is an international player in the food and beverage industry. As of 2017, Danone has generated $27.88 billion in revenue across 120 markets. The company is perhaps best known for its line of dairy products, most notably their Activia brand. Other key brands include Actimel, Danimals, and Yocrunch, as well as bottled waters such as Evian, Aqua, Volvic, Aptamil and Badoit. More than half of their total revenue comes from their dairy products, while nearly 20 percent comes from their line of bottled water.

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In recent years, Danone has been central in the movement towards plant-based food consumption as a meat alternative. In September of 2018, Danone joined Hain Celestial and other plant-based food companies to create the Plant-Based Foods of Canada (PBFA). The lobbying organization aims to advance the interests of the plant-based foods sector in the country.

9. Cargill

Country of Origin: United States

Revenue: $30.5 billion

Cargill is a multinational family-owned business that boasts an astonishingly long list of products and activities including food, agriculture, financial and industrial products, and services. The Minnesota-headquartered company is wholly controlled by the Cargill and MacMillan families, who collectively own more than 90 percent of the business. With over 150 years of experience in agricultural production and export and meat production under its belt, Cargill is now the largest private company in the U.S., with over 150,000 employees serving customers in 70 countries.

Although it made total sales of $109.6 billion in 2017, revenue from its food-related services was only $30.5 billion (27.8 percent of total sales), revealing that a larger percentage of its revenue came from non-food-related business activities. Still, Cargill has managed to rank as the ninth largest food and beverage company in the world.

8. Archer Daniels Midland Company

Country of Origin: United States

Revenue: $34.2 billion

The Archer Daniels Midland Company (ADM) is one of the largest food processing companies in the world today, serving customers in 140 countries. The Illinois company also boasts 33,000 employees working in more than 460 crop-procurement locations and 340 other facilities worldwide, where it manufactures ingredients that are used to make food, animal feed, and industrial and energy products.

In an effort to improve returns, ADM recently sold its global cocoa business to Olam International for $1.2 billion, as it hopes to improve operational efficiency and focus on driving growth in its more profitable product segments.

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7. Mars

Country of Origin: United States

Revenue: $35 billion

Founded over a century ago, Mars is a global food-processing company owned by the Mars family. Headquartered in Virginia, the family-owned business has evolved into one of the largest food processing company in the world, earning $35 billion in 2017. Mars has a product portfolio that spans across some diverse segments including chocolate, pet care, food, drinks, and symbioscience.

As a result of growing competition from healthier confectionery products, Mars recently completed the buyout of its subsidiary Wrigley from billionaire Warren Buffet‘s Berkshire Hathaway. This move is expected to consolidate the company’s dominance in the global confectionery market, of which it controls 13.5 percent.

6. The Coca-Cola Company

Country of Origin: United States

Revenue: $35.4 billion

Founded in 1886 by pharmacist John Pemberton, Coca-Cola has since evolved into an iconic global brand, whose drinks are consumed 1.7 billion times daily in more than 200 countries. The Atlanta company operates under a business model where it only produces the cola syrup concentrate. The bottling, sale, and distribution of the finished product are franchised to bottling companies across the globe.

As a part of its plan to focus more on its profitable concentrate production, Coca-Cola sold some of its bottling operations in China for $1 billion. In the U.S., they recently announced plans to build a brand-new, state-of-the-art, one-million-square-foot factory in Houston. The $250-million project is slated to open in 2020.

5. Tyson Foods

Country of Origin: United States

Revenue: $38.26 billion

Tyson Foods is the largest beef producer and exporter in the United States and one of the largest in the world. From 111 facilities, 107 of which are located in the U.S., Tyson products, including chicken, beef, pork, and processed foods, are distributed in 130 countries. The Arkansas-based company also employs over 113,000 people who work at its facilities and plants worldwide.

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Tyson Foods recently acquired a 5 percent stake in Beyond Meat, a company that specializes in producing plant-based meat, which is believed by experts to be a healthier alternative to animal meat. Tyson is looking to be a forerunner in the U.S. meat industry with regards to this new meat product, which Microsoft founder Bill Gates has described as the “future of food.”

4. JBS

Country of Origin: Brazil

Revenue: $46.2 billion

JBS is the world’s largest meat (beef, pork and chicken) processing and exporting company, with over 300 production units in more than 15 countries. Headquartered in São Paulo, JBS has grown from a local beef company into a global leader in the meat production industry, serving 350,000 clients in over 150 countries. The company has seen phenomenal growth in recent years, with sales growing at 35.2 percent annually. The grows is largely driven by the U.S., which accounts for 48 percent of total sales.

The company’s expansion into the international market has been driven by acquisitions, starting with the $225 million purchase of Swift & Company, one of the largest U.S. beef and pork processors. In recent years, the company has spent more than $5 billion in the acquisition of rival companies, including Tyson de Mexico, Primo Group, Moy Park, Big Frango, Anhambi, and Cargill Pork.

3. Anheuser-Busch InBev

Country of Origin: Belgium

Revenue: $56.44 billion

Anheuser-Busch InBev was formed in 2008 through a merger between three giant brewing companies: Belgium-based Interbrew, Brazillian-based AmBev and American company Anheuser-Busch. Now operating out of Belgium, the company has since grown to become the largest brewer in the world, with more than 200 brands generating total revenue of $56.44 billion. Some of its popular drinks include Budweiser, Corona, Stella Artois, Beck’s, Hoegaarden and Leffe, Bud Light, Skol, Brahma , and Antarctica. InBev also employs more than 155,000 people in 25 countries.

In 2016, InBev acquired rival brewer SABMiller in a massive $107 billion purchase. The deal combined the world’s biggest brewers into a company that now controls about half the industry’s profit. The Belgian company has also set its sights on acquiring Coca-Cola, according to CEO Carlos Britto.

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2. PepsiCo, Inc

Country of Origin: United States

Revenue: $63.53 billion

With a portfolio of 22 iconic brands, including Pepsi, Lays, Gatorade and Tropicana, PepsiCo is the second-largest food and beverage company in the world today. The company’s origin dates back to the late 1980s when founder Caleb Bradham developed a cola recipe to rival Coca-Cola. The name PepsiCo, Inc was later adopted in 1965 when the company merged with snack giant Frito-Lay.

Recently, the company has shifted its focus to improving the nutritional and health value of its products, as consumers pivot away from traditional junk foods. The company has publically announced its intention to cut down the sugar and saturated fat content in its products without sacrificing taste. PepsiCo also entered into a partnership with TB Alliance, a non-profit organisation committed to advances in tuberculosis treatment. The partnership will see PepsiCo deploy its research expertise to develop unique flavors and recipes that would neutralize the unpleasant taste of TB drugs.

1. Nestlé

Country of Origin: Switzerland

Revenue: $78.9 billion

Nestlé is the global leader in the food and beverage industry, with revenues of $78.9 billion in 2017. From its modest beginning 150 years ago, the Swiss multinational now operates in 189 countries and boasts 335,000 employees globally. With more than 2,000 brands in segments such as baby foods, bottled water, cereals, chocolate and confectionery, coffee, culinary, chilled and frozen food, dairy and drinks, Nestlé has established itself as a global household name. Growth in recent times has been driven by its drinks business such as Nescafé and Nespresso, which accounts for 21.68 percent of its revenue.

The company has in recent years shifted its focus to improving the nutritional, health and wellness needs of its customers. In this regard, Nestlé Health Science recently entered into a partnership with Aimmune Therapeutics to invest $145 million towards the development of solutions for people with food allergies.

FAQs

What are the top 10 food companies in the world? ›

World's largest food and beverage companies
  • Cargill.
  • Sysco Corporation.
  • JBS.
  • George Weston.
  • Tyson Foods.
  • Danone.
  • PepsiCo.
  • Mondelez.

Who is the world largest food and beverage company? ›

According to the 2017 Forbes Global 2000, Swiss food giant Nestle continues to hold the top spot as the world's largest food company in 2017, followed by American beverage manufacturers PepsiCo and Coca-Cola rounding out the top three for the world's largest food & beverage companies list.

What is the largest food company in the world 2022? ›

Nestle S.A.

What are the 5 largest food companies 2020? ›

The top 5 companies—Nestlé, PepsiCo, Anheuser-Busch InBev, JBS and Tyson Foods, in order—are the same, and although there was some movement in spots 6-10, the companies in those spots have been around the top 10 range for several years.

What is the number 1 beverage company in the world? ›

ANHEUSER-BUSCH INBEV

What are the top 5 food companies? ›

The Top 10
  • PepsiCo.
  • Nestlé
  • JBS.
  • Anheuser-Busch InBev.
  • Tyson Foods.
  • Mars.
  • Archer Daniels Midland Company.
  • The Coca-Cola Company.
27 Aug 2021

What is the best food company in the world? ›

2019 Top 100 Food & Beverage Companies
RankCompanyYear End
1NestléDec-18
2PepsiCo, Inc.Dec-18
3Anheuser-Busch InBevDec-18
4JBSDec-18
62 more rows

Who are the biggest food companies in the world? ›

The three largest food and beverage companies for 2021 in the U.S. are PepsiCo., Tyson Foods, and Nestle. That's according to our annual reporting of the top food & beverage companies in North America.

Which is the No 1 food company in India? ›

Parle Agro is the largest Indian food and beverage company, which started in 1959 as Baroda Bottling Company for carbonated beverages.

Which food company makes the most money? ›

World's biggest food companies: Top ten by revenue
  • Cargill – $113.5bn.
  • Archer Daniels Midland Company – $64.65bn.
  • Nestle – $63.8bn.
  • Sysco Corporation – $60.1bn.
  • JBS – $51.7bn.
  • George Weston – $50.1bn.
  • Tyson Foods – $42.4bn.
  • Bunge – $41.14bn.
6 Nov 2020

Who is the largest producer of food in the world? ›

The 4 Top Food-Producing countries:
  1. China. China is the world's biggest producer, importer, and consumer of food. ...
  2. India. In terms of total calorie content, India is the second-largest food producer in the world. ...
  3. The United States. ...
  4. Brazil.

What is biggest company in the world? ›

This list comprises the world's largest companies by consolidated revenue, according to the Fortune Global 500 2022 rankings. American retail corporation Walmart has been the world's largest company by revenue since 2014.

What is the largest food company in the world 2020? ›

Nestle is again the world's largest food company, holding onto the top seat in the industry as sales of its frozen staples like Hot Pockets, Stouffer's and DiGiorno surge alongside coffee brands like Nespresso.

What is an F&B company? ›

The F&B Services providing businesses deliver food and beverages to their customers at a particular location (on-premise) such as hotel, restaurant, or at the customer's intended premises (off-premise).

Which is bigger Coca-Cola or Nestle? ›

The top place is taken by Nestlé – whose products include Nespresso and Nescafé among many others - with a portfolio value of $65.6bn. PepsiCo comes in second with a portfolio value of $59.2bn, followed by The Coca-Cola Company at $48.6bn.

Which country is the largest producer of beverage? ›

China was the leading producer of beer in terms of production volume in 2021. In that year, around 359.74 million hectoliters of beer were brewed in China. The United States was the second leading producer of beer in that year, at 203.57 million hectoliters.

What is the most popular soda in the world 2022? ›

Most Popular Soda by State 2022
  • -Texas – Cream Soda.
  • -Utah – Crush.
  • -Vermont – Cream Soda.
  • -Virginia – Fanta.
  • -Washington – Green River Soda.
  • -Wisconsin – Jolly Good Soda.
  • -West Virginia – Mountain Dew.
  • -Wyoming – Coke Zero.

Who has the largest market share in the food industry? ›

Largest food companies by market cap
#NamePrice
1Nestlé 1NESN.SW$108.60 0.49%
2McDonald 2MCD$230.74 1.56%
3Unilever 3UL$43.84 1.95%
4Hindustan Unilever 4HINDUNILVR.NS$33.08 0.15%
56 more rows

What are the top 10 food companies in India? ›

Top 20 Indian Food & Beverage Companies in 2021
  • Nestle.
  • Britannia Industries.
  • Godrej Consumer Products.
  • TATA Consumer Products.
  • Marico Limited.
  • Glaxosmithkline Consumer Healthcare.
  • Jubilant FoodWorks.
  • Varun Beverages.
6 Jun 2021

Which food industry is best? ›

20 Top Food Processing Companies in India
  • Kissan. ...
  • Godrej Beverages And Foods Limited. ...
  • PepsiCo India. ...
  • Kwality Dairy India Limited. ...
  • Hatsun Argo Products Ltd. ...
  • Heritage Food Limited. ...
  • Patanjali. ...
  • Sunfeast. Sunfeast is the biggest biscuit company in the country.

Where is the largest food processing plant in the world? ›

It is one of the largest food processing plants in Europe and the largest H. J. Heinz facility in the world.
...
H. J. Heinz, Wigan
LocationKitt Green, Wigan
Coordinates53°33′6″N 2°40′59″W
IndustryFood processing
Employees850
5 more rows

What companies are in the beverage industry? ›

Top 100 Beverage Companies of 2018 chart
COMPANY2018 SALES (IN U.S. $ MILLIONS)
1ANHEUSER-BUSCH INBEV54,619
2NESTLÉ SA38,737
3THE COCA-COLA CO.31,856
4PEPSICO INC.29,744
86 more rows

Which is famous food brand in India? ›

The most popular brands are Britannia Good Day, Britannia Cracker, Britannia Nutri Choice, Britannia Little Hearts, Britannia Bread and Britannia Fruit Cakes to name some.

Which is the biggest snack company in India? ›

MUMBAI: Haldiram has regained the top spot as the country's largest snack company after more than two decades, surpassing PepsiCo in sales thanks to increasing consumer preference for packaged namkeen over western snacks such as potato chips.

Which country is the biggest exporter of food? ›

The United States of America was the largest exporter of food (excluding fish) in 2020 with USD 124 billion (10 percent of the total), followed by the Netherlands (USD 79 billion, or 6 percent) and Brazil (USD 73 billion, or 6 percent).

Who is the biggest food distributor in the world? ›

Sysco, a Fortune 500 company, is the world's largest food distributor with over 650,000 clients serviced through 343 distribution facilities worldwide across 90 countries. For fiscal 2021 that ended July 3, 2021, Sysco generated sales of more than $51 billion.

Who is the biggest fast food chain in the world? ›

McDonald's is the world's largest fast-food restaurant chain and one of the best-known brand names. The company has more than 39,000 locations in about 100 countries.

Which country is No 1 in agriculture 2022? ›

1. China. Production – China has only 10% of arable land worldwide and produces a quarter of the global grain output. China leads the agriculture production of fruit, vegetables, cereals, cotton, eggs and poultry.

Which country has the best food? ›

  • Italy. #1 in Has great food. #14 in Best Countries Overall. ...
  • Mexico. #2 in Has great food. #33 in Best Countries Overall. ...
  • Spain. #3 in Has great food. #16 in Best Countries Overall. ...
  • Greece. #4 in Has great food. ...
  • Thailand. #5 in Has great food. ...
  • France. #6 in Has great food. ...
  • Turkey. #7 in Has great food. ...
  • India. #8 in Has great food.

Which country is No 1 in agriculture 2021? ›

China is the top country by gross value of agricultural production in the world.

What is the 10 biggest company in the world? ›

This can lower or even outweigh potential returns.
  • #1 Walmart Inc. (WMT)
  • #2 China Petroleum & Chemical Corp. (SNP)
  • #3 Amazon.com Inc. (AMZN)
  • #4 PetroChina Co. Ltd. (PTR)
  • #5 Apple Inc. (AAPL)
  • #6 CVS Health Corp. (CVS)
  • #7 Royal Dutch Shell PLC (RDS. A)
  • #8 Berkshire Hathaway Inc. (BRK. A)

What is the largest industry in the world 2022? ›

That's right, the financial industry is the largest industry in the world! Totalling $109 trillion, it dwarfs the competition.

What is the top 10 richest company in the world? ›

Top 10 Richest Companies In The World By Market Cap
  • Microsoft Corp. ...
  • Alphabet Inc. ...
  • Amazon.com Inc. ...
  • Tesla Inc. ...
  • Berkshire Hathaway Inc. ...
  • NVIDIA Corp. ...
  • Taiwan Semiconductor Manufacturing Co. ...
  • Meta Platforms Inc.
7 Sept 2022

Who is the world's largest food supplier? ›

The U.S. is the world's top food exporter thanks to high crop yields and extensive agricultural infrastructure.

Who is the largest producer of food in the world? ›

The 4 Top Food-Producing countries:
  1. China. China is the world's biggest producer, importer, and consumer of food. ...
  2. India. In terms of total calorie content, India is the second-largest food producer in the world. ...
  3. The United States. ...
  4. Brazil.

Who are the biggest food companies? ›

The three largest food and beverage companies for 2021 in the U.S. are PepsiCo., Tyson Foods, and Nestle. That's according to our annual reporting of the top food & beverage companies in North America. PepsiCo Inc.

Which country is No 1 in Agriculture 2022? ›

1. China. Production – China has only 10% of arable land worldwide and produces a quarter of the global grain output. China leads the agriculture production of fruit, vegetables, cereals, cotton, eggs and poultry.

What food industry makes the most money? ›

List of Most Profitable Food Businesses -Sorted by Highest Profit Margin:
  • Honey production – 30% average profit margin.
  • Coffee shop – 25% average profit margin.
  • Popcorn business – 22% average profit margin.
  • Custom cakes – 19% average profit margin.
  • Chicken poultry -17% average profit margin.
  • Pizza – 15% average profit margin.

Which country is No 1 in Agriculture 2021? ›

China is the top country by gross value of agricultural production in the world.

What country eats the most food? ›

Which Country Eats the Most?
RankCountryAverage Daily Intake Per Capita (Kilocalories)
1Austria3800
2United States3750
3Greece3710
4Belgium3690
11 more rows
9 Jul 2018

Which country has the best food? ›

  • Italy. #1 in Has great food. #14 in Best Countries Overall. ...
  • Mexico. #2 in Has great food. #33 in Best Countries Overall. ...
  • Spain. #3 in Has great food. #16 in Best Countries Overall. ...
  • Greece. #4 in Has great food. ...
  • Thailand. #5 in Has great food. ...
  • France. #6 in Has great food. ...
  • Turkey. #7 in Has great food. ...
  • India. #8 in Has great food.

Who controls the world's food supply? ›

Today, four corporations — Bayer, Corteva, ChemChina and Limagrain — control more than 50% of the world's seeds. These staggering monopolies dominate the global food supply.

What is the most popular food brand in the world? ›

With a brand value of over 19.4 billion U.S. dollars, Nestlé was by far the most valuable food brand in the world in 2020.

What is the biggest company in the world? ›

This list comprises the world's largest companies by consolidated revenue, according to the Fortune Global 500 2022 rankings. American retail corporation Walmart has been the world's largest company by revenue since 2014.

What beverage company makes the most money? ›

Leading beverage companies worldwide in 2020, based on sales (in million U.S. dollars)
CharacteristicSales in million U.S. dollars
Anheuser-Busch InBev46,881
Nestlé SA43,476
The Coca-Cola Co.33,014
PepsiCo Inc.32,567
9 more rows
24 Mar 2022

Which company sells the most food? ›

Walmart ranked no. 1 on the SN Top 50, with $433.9 billion in sales, an increase of 8.5% year over year.

Which is the No 1 food company in India? ›

Parle Agro is the largest Indian food and beverage company, which started in 1959 as Baroda Bottling Company for carbonated beverages.

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