With industrialization and technological innovations, fewer and fewer people produce their own foods, as it was in the past. Instead, they shop at different establishments, such as markets and restaurants, for example, while marks earn extremely high amounts from it. find out now what is the most valuable food brand in the world.
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As we mentioned initially, the process of globalization has meant that people no longer have as much time to produce their own food as they did a few years ago. That's because the new jobs don't allow enough time for planting, sowing, harvesting and cooking.
Life currently demands practicality, and this has given space for companies to become the main responsible for feeding the population, together with the small producers of rural regions.
Large companies in the food industry generated $1.5 trillion last year, benefiting from food inflation, and made more than $155 billion in profits. Consequently, some of these companies have entered the top 100 largest companies in the world.
According to Forbes, the Nestlé is the most valuable company in the food sector and the best seller in 2021, with a total of US$ 93 billion in sales. The company has a portfolio with practically everything in the food genre, from frozen products, baby formulas, bottled water and even its own coffee, the nespresso.
Nestlé has held the title of leading food company for over a decade, despite being dethroned in 2018 by Anheuser-Busch InBev, which is a multinational of beers and other beverages, formed in 2004 by the merger of Brazilian and Belgian Ambev Interbrew.
In the general ranking of Forbes, known as Forbes Global 2000, Nestlé occupies the 46th position among the companies that sell the most in the world. In second place among the giants of the food genre, Pepsico ended 2021 with almost US$ 80 billion in revenue, followed by AB InBev, which had US$ 54 billion.
While Nestlé has gone through all the difficulties related to the Covid-19 pandemic and the supply chain that other companies also faced in the last two years, its strategy of developing new products and focusing on the future allowed it to prosper.
