Top 100 Food & Beverage Companies

RSS

The maker of Budweiser and Corona said its results confirmed the resilience of the beer market in the face of economic challenges, notably inflation.>

A wider-than-expected first quarter loss was experienced because of high input costs, inflation and supply and demand imbalances, impacting performance in all units.

PepsiCo said investments made in its brands, consumer insights, manufacturing and go-to-market execution are fueling growth across the portfolio.

Securing the top spot once again, Nestlé reported 9.3% organic sales growth in the first quarter, driven by the company’s price hikes.

The rising cost of ingredients due to inflation and supply is deflating food and beverage manufacturers’ revenue, which has created movement in this year’s list.

After a brief stint in the top spot for PepsiCo, Nestlé reclaimed the mantle of top food and beverage producer by revenue in this year’s Top 100 Food and Beverage Companies. Plus, there was a massive jump in revenue reported by Archer Daniels Midland, giving the company enough to vault into the second spot, pushing PepsiCo down to third.

Danone has been busy. The company reported a return to growth across all categories in the second quarter after posting a 6.6% net sales increase on a like-for-like basis. 

Global commodities trader Cargill reported a 17% rise in revenue in fiscal year 2021, owing to raised prices for agricultural products. 

The Coca-Cola Company witnessed net revenues accelerate by 42% in Q2 this year, driven by ongoing recovery from the pandemic in several markets.

ADM reported strong Q2 results, with net earnings of $712 million and adjusted net earnings of $754 million.