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Home » Publications » Food Engineering

Food Engineering

FE September 2023 cover

2023 September

The September 2023 issue of FOOD ENGINEERING features the 2023 Top 100 Food & Beverage Companies, Driving Successful Digital Transformation, and much more!

  • Cover Story
  • Feature Articles
  • Columns
  • Products

Cover Story

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2023 Top 100 Food & Beverage Companies

2023 Top 100 Food & Beverage Companies

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.
Derrick Teal
Derrick Teal
September 14, 2023

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.


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Top 100 Food and Beverage Company Highlights: #1 Nestlé
2023 TOP 100

Top 100 Food and Beverage Company Highlights: #1 Nestlé

Securing the top spot once again, Nestlé reported 9.3% organic sales growth in the first quarter, driven by the company’s price hikes.
September 14, 2023

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


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Top 100 Food and Beverage Company Highlights: #2 PepsiCo
2023 TOP 100

Top 100 Food and Beverage Company Highlights: #2 PepsiCo

PepsiCo said investments made in its brands, consumer insights, manufacturing and go-to-market execution are fueling growth across the portfolio.
September 14, 2023

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


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Top 100 Food and Beverage Company Highlights: #3 JBS
2023 TOP 100

Top 100 Food and Beverage Company Highlights: #3 JBS

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.
September 14, 2023

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.


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Top 100 Food and Beverage Company Highlights: #4 AB InBev
2023 TOP 100

Top 100 Food and Beverage Company Highlights: #4 AB InBev

The maker of Budweiser and Corona said its results confirmed the resilience of the beer market in the face of economic challenges, notably inflation.
September 14, 2023

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


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Top 100 Food and Beverage Company Highlights: #5 Tyson
2023 TOP 100

Top 100 Food and Beverage Company Highlights: #5 Tyson

Lowered sales forecasts led to the closure of some chicken processing facilities, but the company is compensating by making investments elsewhere.
September 14, 2023

Lowered sales forecasts led to the closure of some chicken processing facilities, but the company is compensating by making investments elsewhere.


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Top 100 Food and Beverage Company Highlights: #6 ADM
2023 TOP 100

Top 100 Food and Beverage Company Highlights: #6 ADM

September 14, 2023

It has been a year of innovation for ADM. The company reported that its agriculture and oilseed results were strong but slightly lower than in the second quarter of 2022.


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Top 100 Food and Beverage Company Highlights: #7 Cargill
2023 TOP 100

Top 100 Food and Beverage Company Highlights: #7 Cargill

September 14, 2023

Cargill—agricultural giant and the largest private company in the US – has experienced a slowing of profits this year, owing to less volatility in the global grain market and the collapse of meatpacking margins in the US.


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Top 100 Food and Beverage Company Highlights: #8 The Coca-Cola Company
2023 TOP 100

Top 100 Food and Beverage Company Highlights: #8 The Coca-Cola Company

September 14, 2023

The Coca-Cola Company reported strong second-quarter results, posting a 6% rise in net revenue to $12.0 billion, after its results were boosted by price hikes.


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Top 100 Food and Beverage Company Highlights: #9 Olam International
2023 TOP 100

Top 100 Food and Beverage Company Highlights: #9 Olam International

September 14, 2023

Olam Group – one of the world’s biggest agricultural traders – posted an 8.3% drop in its annual net profit, as better performance at its agricultural unit was offset by higher finance and input costs.


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Top 100 Food and Beverage Company Highlights: #10 CHS
2023 TOP 100

Top 100 Food and Beverage Company Highlights: #10 CHS

September 14, 2023

Global agribusiness cooperative CHS posted $547.5 million in net income for Q3 2023 boosted by strong global demand, compared to its record third quarter net income of $576.6 million in fiscal year 2022.


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Feature Articles

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Recycling plastic
CASE STUDY

Flexible Packaging Flexes its Muscles with Recycling Pilot

A single-stream mechanical recycling pilot demonstration produces the rFlex bale, a flexible packaging byproduct that could be used for future end markets and as a possible feedstock.
Grant Gerke
Grant Gerke
September 18, 2023

A single-stream mechanical recycling pilot demonstration produces the rFlex bale, a flexible packaging byproduct that could be used for future end markets and as a possible feedstock.


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Quality control
Processing Technology

Analytical Instrumentation: When Exacting Information is Needed

Whether it’s maintaining quality or proving authenticity, precise measurements provide the data to make informed decisions.
Wayne Labs, Senior Contributing Technical Editor
Wayne Labs
September 15, 2023

Beyond the normal process measurements needed to check that production is on track, analytical instrumentation can track important variables that can keep difficult-to-control processes on track.


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Columns

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Track product movement throughout facilities
Digitalization

Driving Successful Digital Transformation in the Food and Beverage Industry

Engage a full-service business partner with OT expertise to improve supply chain traceability, navigate the cyberthreat landscape, and optimize operational and business workflows.
September 21, 2023

Engage a full-service business partner with OT expertise to improve supply chain traceability, navigate the cyberthreat landscape, and optimize operational and business workflows.


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Products

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SUDPACK's sustainable product portfolio
Announcements

SÜDPACK Exhibiting at PACK EXPO

August 8, 2023

The film manufacturer will be presenting its entire portfolio at the conference.


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DIAMIND software system in action for the food and beverage industry
Software/Devices

Antares Vision Group to Introduce DIAMIND Software Solution at PACK EXPO 2023

August 16, 2023

At the conference, the company will be showcasing its new software and hardware systems for the serialization of end-to-end production management.


Read More
Multi-Conveyor conveying solution
Conveyors

Multi-Conveyor to Showcase New Conveying Technologies at PACK EXPO

August 14, 2023

The company will be hosting conveyor, video and solution demonstrations at its PACK EXPO booth.


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LinMot USA's robotic linear motion solutions
Automation/Robotics

LinMot USA to Debut Pick-And-Place Robotic Motion Solutions at PACK EXPO 2023

August 10, 2023

The company has several demonstrations scheduled for the event that will showcase a few of its new robotic motion solutions designed for industrial and hygienic applications.


Read More
Loma's CW3 Lightweight
Vision/Inspection/Detection

Loma Systems to Showcase IQ4 Series, X5 Series and X5C at PACK EXPO 2023

August 7, 2023

The company will be exhibiting multiple series of products at PACK EXPO 2023


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Recent Advances in Ready-to-Eat Food Technology

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