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10 giants of the world’s food industry

Food and beverages are one of the biggest industries in the world today. During the recent years, this industry has faced storms on its way, which can be pointed to the slow growth in emerging markets, the drop in prices and the change in the taste of customers towards healthier products. However, the industry has continued to grow globally, and some of the world’s largest businesses now operate in the sector. According to the report of the International Economic Group of the “Duniya Ekhtaz” newspaper, the “Daily Records” website has reviewed the top 10 food and beverage production companies in a report, which will be reviewed below:

Nestlé

“Nestle” food company is actually a global giant in the food and beverage industry, whose revenue was 78.9 billion dollars in 2017. Since the beginning of the activity of this Swiss company (150 years ago), this multinational company is present in the market of 189 countries and 335 thousand personnel work for it. Having two thousand subcategory brands such as baby food, mineral water, breakfast cereals, chocolate and sweets, coffee, cooked food, frozen, dairy and beverages, this company has established itself as a global commercial brand. The growth of this brand in recent years has been affected by beverage businesses such as “Nescafe” and “Espresso” that 21.68% of the company’s total revenue comes from the sale of these two products. This food and beverage industry giant has focused on improving the quality of food and health of its customers in recent years. In this context, Nestlé’s health department has recently entered into a $145 million collaboration with a medical institution to develop new methods to reduce some people’s food allergies.

Pepsi

With 22 unique brands such as Pepsi, Lay’s, Gatorade and Tropicana, Pepsi Company is now the second largest food and beverage company. But the history of the establishment of this company goes back to 1898, when Caleb Bradham, its founder, created a new way of preparing cola to compete with “Coca Cola”. The name of this company was changed to Pepsi after the merger with “Fritoli” company. The company has recently focused on improving the nutritional and health value of its products, because these days customers are moving away from food products with low nutritional value. This company, whose revenue was 63.53 billion dollars in 2018, has announced its intention to reduce the amount of sugar and saturated fat in its products without changing its taste. This American company has recently entered into cooperation with the “TB” organization, which specializes in treating tuberculosis. The collaboration is expected to result in Pepsi’s creation of unique flavors that will help to tone down the unpleasant taste of TB drugs.

Anheiser Bosch Inbo

Ann Heiser Bosch Inbo was officially formed at the same time as the merger of three Belgian companies Interbro, Brazilian Ambo and American Anheiser Bosch. Since then, this company has become the largest beverage producer in the world, with more than 200 sub-brands and an annual revenue of $56.44 billion. Some of its popular drinks are Budweiser, Corona, Stella Artois, Beck’s, Hoogarden Brahama and Antarctica. This company also has 155,000 employees who are active in 25 countries. In 2016, the company was able to buy its rival brand, Submiller, for $107 billion. The mentioned contract led to the emergence of a company that now owns half of the production in the field of beverages. According to Carlos Brito, CEO of Anheiser Bosch, this company plans to buy Coca-Cola in the future.

GBS

“GBS” is the largest producer and exporter of meat products (veal, pork and chicken) in the world, which has more than 300 production units in 15 countries. This company, whose headquarters is in Sao Paulo, Brazil, has turned from a local company into an export giant in this industry, which now supplies its products to more than 350,000 customers in 150 countries. GBS, with an annual income of 46.2 billion dollars, has grown tremendously in recent years, so that its sales growth was 35.2%. A significant share of this growth is related to the American market, which imports 48% of GBS exports. But the development of this company in the world markets has been affected by the purchase of smaller companies such as “Swift & Company”, which is the largest producer of beef and pork products in America. In recent years, this company has spent more than 5 billion dollars to buy some of its rival companies in the region.

Tyson’s Food Products

Tyson Foods, located in Arkansas, is one of the largest producers and exporters of beef in the United States and the world. Out of 111 production units of this company, 107 units are in America. The products of this company, such as pork and chicken, are exported to the markets of 130 countries. With its revenue of 38.26 billion dollars, this company has 113 thousand personnel who are active in America and other production units around the world. Tyson Company is building to become the flagship of the American meat industry. Recently, Bill Gates, the founder of Microsoft, has considered the company to be the future of the food industry.

Coca Cola

The Coca-Cola Company, which was founded by pharmacist John Pemberton in 1886, has now become a unique brand that is drunk 1.7 billion times a day in more than 200 countries. This American company located in the state of Atlanta operates under a business model that only produces cola concentrate in this location and the packaging process

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