Food Engineering's annual report ranks the world's top 100 food and beverage companies based on annual sales. Read the full article for insights into how those companies are adjusting to the new challenges of food and beverage manufacturing.

The Food Engineering Top 100 Food and Beverage companies is compiled by an independent researcher based on the most up-to-date financial information possible. For companies that report results in currencies other than dollars, currency conversions are based on a 12-month average as reported on www.x-rates.com.

Rank 2020 | 2019	Company	Year end	Food revenue (In U.S. $B) 2020 | 2019
1 | 1	Nestle	Dec-19	76.802 | 80.195
2 | 2	PepsiCo, Inc.	Dec-19	67.161 | 64.661
3 | 3	Anheuser-Busch InBev	Dec-19	52.329 | 54.619
4 | 4	JBS	Dec-19	48.795 | 46.79
5 | 5	Tyson Foods	Oct-19	42.405 | 40.052
6 | 7	Mars	Dec-19	37.63 | 35
7 | 9	The Coca-Cola Company	Dec-19	37.266 | 31.856
8 | 6	Archer Daniels Midland Company	Dec-19	32.951 | 38.9
9 | 8	Cargill	May-19	31.7 | 32.5
10 | 14	Danone	Dec-19	28.322 | 20.83
11 | 17	Heineken	Dec-19	26.845 | 18.99
12 | 11	Mondelez International	Dec-19	25.868 | 25.938
13 | 10	Kraft Heinz Company	Dec-19	24.977 | 26.259
14 | 12	Smithfield Foods/WH Group	Dec-19	23.346 | 21.283
15 | 19	Unilever	Dec-19	21.6 | 17.095
16 | 13	Suntory	Dec-19	21.46 | 20.855
17 | 15	Olam International	Dec-19	21.137 | 19.365
18 | 22	Lactalis	Dec-18	20.72 | 15.635
19 | 18	Asahi Group	Dec-19	19.084 | 18.77
20 | 16	CHS Inc.	Aug-19	18.9 | 19.2
21 | 20	General Mills Inc.	May-19	16.865 | 16.865
22 | 21	Diageo	Jun-19	16.368 | 16.177
23 | 26	Dairy Farmers of America	Dec-19	15.86 | 13.6
24 | 23	Grupo Bimbo (Mexico)	Dec-19	15.1 | 15
25 | 24	Kirin Holdings	Dec-19	15.01 | 14.27
26 | 27	Kellogg Company	Dec-19	13.578 | 13.547
27 | 38	Coca-Cola European Partners	Dec-19	13.46 | 9.735
28 | 25	Fonterra	Jul-19	13.26 | 14.195
29 | 29	Yili Group	Dec-19	13.065 | 12.035
30 | 45	Ferrero	Aug-19	12.768 | 9.043
31 | 51	Marfrig Group	Dec-19	12.658 | 8.14
32 | 37	Royal FrieslandCampina	Dec-19	12.652 | 9.765
33 | 28	Bunge	Dec-19	12.213 | 13.077
34 | 47	Arla Foods	Dec-19	11.79 | 8.81
35 | 35	China Mengniu Dairy Company	Dec-19	11.444 | 10.435
36 | 34	Saputo	Mar-20	11.236 | 10.468
37 | 30	Keurig Dr Pepper	Dec-19	11.12 | 11
38 | 33	NH Foods	Mar-20	10.878 | 10.75
39 | 32	Molson Coors Brewing Company	Dec-19	10.579 | 10.77
40 | 59	Pernod Ricard	Jun-19	10.284 | 7.595
41 | 43	McCain Foods Ltd	Jun-19	10.265 | 9.5
42 | 31	Associated British Foods	Sep-19	10.217 | 10.77
43 | 44	Femsa	Dec-19	10.01 | 9.488
44 | 36	Carlsberg	Dec-19	9.88 | 9.905
45 | 40	Meiji Holdings	Mar-20	9.627 | 9.568
46 | 42	ConAgra Brands	May-19	9.538 | 9.538
47 | 41	Hormel Foods Corporation	Oct-19	9.497 | 9.546
48 | 46	Yamazaki Baking	Dec-19	9.134 | 8.975
49 | 60	ThaiBev	Sep-19	8.61 | 7.328
50 | 50	Brf Brasil Foods	Dec-19	8.49 | 8.27
51 | 39	Danish Crown	Sep-19	8.472 | 9.65
52 | 49	Coca-Cola Bottlers Japan	Dec-19	8.39 | 8.4
53 | 52	Constellation Brands	Feb-20	8.344 | 8.116
54 | 53	Maruha Nichiro Corporation	Mar-20	8.152 | 8.08
55 | 71	Kerry Group	Dec-19	8.11 | 5.585
56 | 48	Campbell Soup Company	Jul-19	8.107 | 8.685
57 | 56	The Hershey Company	Dec-19	7.986 | 7.791
58 | 65	Hangzhou Wahaha Group	Dec-18	7.965 | 6.05
59 | 54	Ajinomoto	Mar-20	7.908 | 7.848
60 | 70	Coca-Cola HBC	Dec-19	7.869 | 5.625
61 | 58	Itoham Yonekyu	Mar-20	7.82 | 7.705
62 | 55	The JM Smucker Company	Apr-20	7.801 | 7.838
63 | 66	Sudzucker	Feb-20	7.47 | 5.93
64 | 57	Dean Foods Company	Dec-20	7.33 | 7.775
65 | 61	Barry Callebaut	Aug-19	7.235 | 7.085
66 | 83	Oetker Group	Dec-18	7.232 | 4.538
67 | 80	DMK Deutsches Milchkontor	Dec-19	6.96 | 4.733
68 | 91	Total Produce	Dec-19	6.913 | 4.262
69 | 81	Red Bull	Dec-19	6.8 | 4.685
70 | 77	Jacobs Douwe Egberts	Dec-19	6.732 | 5.03
71 | 62	Bacardi	Mar-19	6.4 | 6.3
72 | 78	Muller Group	Dec-19	6.385 | 4.985
73 | 64	OSI Group	Dec-18	6.3 | 6.1
74 | 88	LVMH	Dec-19	6.245 | 4.347
75 | 67	Ingredion Inc.	Dec-19	6.209 | 5.841
76 | 90	Sodiaal	Dec-18	5.813 | 4.31
77 | 69	Nissui	Mar-20	5.75 | 5.728
78 | 63	Post Holdings	Sep-19	5.681 | 6.257
79 | 98	Vion	Dec-19	5.629 | 3.948
80 | 94	Savencia Fromage & Dairy	Dec-19	5.608 | 4.11
81 | 74	Agropur Cooperative	Nov-19	5.455 | 5.205
82 | 72	McCormick Corporation	Nov-19	5.347 | 5.409
83 | 75	Morinaga Milk Industry	Mar-20	5.225 | 5.108
84 | 76	Schreiber Foods	Dec-18	5.1 | 5.1
85 | 79	E & J Gallo Winery	Dec-19	5 | 4.8
86 | 100	Perdue Farms	Mar-19	4.9 | 3.9
87 | 89	Nisshin Seifun Group	Mar-19	4.658 | 4.337
88 | 87	Lindt & Sprungli	Dec-19	4.555 | 4.4
89 | 82	Ito En	Apr-20	4.434 | 4.6
90 | 95	Nissin Foods Group	Mar-20	4.3 | 4.085
91 | 68	Treehouse Foods	Dec-19	4.289 | 5.812
92 | 92	Sapporo Holdings	Dec-19	4.285 | 4.255
93 | —	Monster Beverage Corporation	Dec-19	4.201 | 3.807
94 | 93	J R Simplot	Sep-19	4.2 | 4.2
95 | 97	Flowers Foods	Dec-19	4.124 | 3.952
96 | —	Anadolu Efes	Dec-19	4.104 | 3.738
97 | 96	Tsingtao Brewery	Dec-19	4.052 | 4.02
98 | 84	Land O' Lakes Inc.	Dec-19	4 | 4.48
99 | —	Barilla	Dec-18	3.9 | 3.267
100 | —	Lamb Weston	May-19	3.757 | 3.423