The Most Important Food Industry Companies Around the World

The Most Important Food Industry Companies Around the World

Wednesday, October 7, 2020

The food and beverage industry is considered one of the most important global commercial markets that witness constant competition, which makes international companies face a great challenge, to provide the most distinctive, diverse, and widespread products. Some of these companies have become huge empires, with their factories spread around the world and their remarkable profits.

According to the classification of Global Economic Magazine, the most important food industry companies around the world are:

· Nestlé

Nestlé was founded by Henry Nestlé in 1905 when he began working on producing alternative foods for infants whose mothers could not breastfeed them naturally.

Its revenues amount to $ 93.1 billion. Its profits $ 12.7 billion. Its assets $ 132.1 billion. The number of employees 291,000.

In addition to that, Nestlé sells more than 8,500 food products in more than 194 countries in the world, including baby food products, milk, sweets, coffee, and cooking products.

· Coca Cola

Coca-Cola was founded in 1886 in Georgia when pharmacist John Stith Pemberton began       experimenting with the production of soft drinks.

Today, the company’s revenues reach $ 37.2 billion. Its profits of $ 10 billion. Its assets $ 94 billion. And the number of its employees 86,200.

The company produces non-alcoholic beverages that include sparkling soft drinks, sports drinks, juices, dairy products, tea, coffee, and energy drinks.

· PepsiCo

An American multinational company, headquartered in New York. It was founded in 1965, with revenues of $ 68.2 billion. Profits of $ 7.2 billion. Assets of $ 85.1 billion. And the number of its employees reached 267,000 employees.

The company manufactures and markets non-alcoholic beverages and is best known for the soft drink Pepsi, Chips Lays, Cheetos, and Tropicana Fruits.

· Mondelez International

An American company founded in 2012 as a result of the division of the global Kraft Foods Company, as the company split into two companies Kraft Foods and Mondelez.

Mondelez has revenues of $ 26 billion. Profits of $ 3.7 billion. Assets of $ 63.6 billion. And the number of employees reached 80 thousand employees. The company specializes in the production of snacks and fast desserts.

· Unilever

Unilever was founded in 1929 in the Netherlands, where the two largest companies Unie Margarine and Level Brothers at that time were merged. The company has revenues of $ 58.2 billion. Profits of $ 6.3 billion. Assets of $ 72.7 billion. And the number of its employees reached 149867 employees.

The company's products are divided into four divisions Personal Care, Food, moisturizers, and Home Care Products.

· General Mills

The company was founded by Ford Bell in 1928. It is headquartered in Golden Valley, Minnesota, in the United States of America.

The company has sales of about $ 16.9 billion. Its revenue $ 2.1 billion. Its assets $ 30.2 billion. And the number of its employees 40,000.

Its brand portfolio includes more than 89 US brands of food, beverage, and tobacco products.

· Kellogg's

The multinational Kellogg's Company was founded in 1906. It is headquartered in Battle Creek, Michigan, USA.

Its revenue is about $ 13.5 billion. Its profits of about 1 billion dollars. Its assets $ 18.20 billion. And they employed about 31 thousand employees.

Kellogg's produces breakfast chips, cookies, pretzels, chip bars, and fruit-flavored snacks. Kellogg's products are manufactured in 18 countries and marketed in more than 180 countries.

· Mars

Frank Mars founded the Mars Company in 1911 in Virginia. The company's revenue is about $ 33 billion. Its profits are about 10 billion dollars. And the number of its employees is more than 60 thousand employees.

Mars produces chocolate, candy, pet food, and other food products.

· Ferrero Rocher

Ferrero Rocher was founded in 1946 by Pietro Ferrero in Italy. The company has reached more than $ 9 billion in sales. Its profits were about $ 8.8 billion. And it employs about 33 thousand employees. Ferrero Rocher has produced Nutella and many other types of chocolate, and its products are sold in more than 100 countries.

· Hershey

The Hershey Company was founded by Milton Hershey in 1894 in Pennsylvania.

Its profits about $ 1.1 billion. Revenues about $ 8 billion. Assets about $ 8.9 billion. And the company employs about 14,800 employees. Its products are sold in more than 70 countries, and it is one of the most popular chocolate companies in the world.