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Top 100 Food & Beverage Companies

2021 Top 100

Top 100 Food and Beverage Company Highlights: #6 Mars

2021 Top 100 Mars, Grant F Reid, CEO and Office of the President

Grant F Reid, CEO and Office of the President, Mars

August 27, 2021

At the end of 2020, Mars announced its acquisition of Kind North America, a maker of healthy granola and energy bars. The financial terms of the transaction have not been disclosed; however, The New York Times reported that it valued Kind at approx. $5 billion, citing sources with knowledge of the deal. 

Mars launched numerous products, including its 100 calorie Mars, Snickers and Twix bars; vegan versions of its Bounty and Topic chocolate bars; M&M’s Crunchy Cookie in the US, which features a crunchy cookie-flavored center covered in milk chocolate and wrapped in the brand’s iconic candy shell; orange-flavored Malteser products; Snickers Peanut Brownie Ice Cream bar; and much more. 

In January, Mars U.K. announced a £350 million sustainable logistics project with DHL, in an effort to reduce its logistics carbon footprint. It also initiated a two-year partnership with Danimer Scientific, a manufacturer of biodegradable materials, which will see the companies develop biodegradable packaging from natural ingredients. Meanwhile, Mars and AAK joined forces with a number of organizations in a public-private partnership aimed at improving the livelihoods of women working in Ghana’s shea supply chain.


Ranking (last five years):
2021 6
2020 6
2019 7
2018 7
2017 8


Year end: December 2020
Currency: USD
Total sales, local currency: 37,000
Food sales, local currency: 37,000
Total sales, $m: 37,000
Food sales, $m: 37,000


KEY LEADERSHIP
Grant F Reid, CEO and Office of the President
Claus Aagaard, CFO
Stefanie Straub, VP and General Counsel
Jean-Christophe Flatin, President of Innovation, Science, Technology and Mars Edge
Andrew Clarke, Global President, Mars Wrigley


The Top 10

1. PepsiCo
2. Nestlé
3. JBS
4. Anheuser-Busch InBev
5. Tyson Foods

6. Mars
7. Archer Daniels Midland Company
8. The Coca-Cola Company
9. Cargill
10. Danone
 

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Return to 2021 Top 100 Ranking

KEYWORDS: food and beverage companies food and beverage industry trends

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