In the last couple of years, the whole world has had to deal with global issues such as war, inflation, and the lingering effects of the covid pandemic. But, it is the main factor of inflation that has assisted the food industry and boosted it to new heights. In fact, the 25 top food companies in the industry created almost $2 trillion in revenue. Meanwhile, profits increased to nearly $160 billion. So, let’s discuss food brands whose sales boomed in 2022.
In 2022, the largest and most successful of the food businesses was Nestlé with over $90 billion in sales. This is because they have many frozen products such as:
- Hot Pockets
- Stouffer’s
- DiGiorno
Many people have stayed home, and thus are more inclined to buy frozen meals to cook at home. Nestlé also has business with both water and coffee, thus, giving them more profit in the beverage industry. Nestlé has most of its sales in the U.S. and the Swiss-based business has almost 70 factories in the states. Their profits last year increased by 3%, giving them $49 billion in profit.
Forbes has the Forbes Global 2000 List, a list that takes the world’s influential public companies and calculates their ranking based on things like market value, assets, and more. Likewise, Nestlé is ranked No. 46. They have fallen from their previous rank of No. 39.
The Food Brands that Boomed in 2022
- Nestle S.A. (Switzerland) Global 2000 Rank 46
- PepsiCo, Inc. (United States) Global 2000 Rank 86
- Anheuser-Busch InBev SA (Belgium) Global 2000 Rank 93
- Coca-Cola Co. (United States) Global 2000 Rank 114
- Mondelez International (United States) Global 2000 Rank 222
- Archer-Daniels Midland Company (United States) Global 2000 Rank 237
- Diageo plc (United Kingdom) Global 2000 Rank 287
- Kweichow Moutan Co., Ltd. Class A (China) Global 2000 Rank 292
- Tyson Foods, Inc. Class A (United States) Global 2000 Rank 318
- Danone SA (France) Global 2000 Rank 330
The Food Brands of 2022
Below are each of the top 10 food brands of 2022. Some you will recognize and others you won’t. But, they all made record profits this year.
Nestlé
As stated above, the Swiss-based company is well-known for its many products that we find at the grocery store. However, they have faced multiple controversies in the past. Despite these controversies, they still manage to retain their place as the largest public food conglomerate in the world.
Some brands of Nestlé
- Nespresso
- Nescafé
- Kit Kat
- Smarties
- Nesquik
- Vittel
- Maggi
Pepsi Co, Inc.
As many know, Pepsi is one of the largest beverage companies in the world. Not to mention their long-standing rivalry with Coca-Cola. However, they also sell many foods as well besides drinks.
Brands of Pepsi include:
- Pepsi
- Lay’s
- Quaker
- Gatorade
- 7Up
- Doritos
- Cheetos
- Ruffles
Anheuser-Busch InBev
While less familiar to Americans, this company is known for its brewery. Some of their brands, you may have had before if you don’t recognize the company name. So, see if any of the below are recognizable.
Brands of Anheuser-Busch
- Beck’s
- Budweiser
- Corona
- Modelo
- Stella Artois
Coca-Cola
The long-standing rival of Pepsi, this beverage company has served people for well over a century and has locations in over 200 countries and territories. But, unlike Pepsi, Coca-Cola is solely just a beverage company. So, from water to soda, to alcohol, they have expanded their markets to a variety of products.
Brands of Coca-Cola
- Dasani
- Fanta
- Fresca
- Minute Maid
- Powerade
- Simply
- Sprite
Mondelez International
Based out in Chicago, this is one of the largest snack companies in the world. Having locations in over 150 countries, it makes sense that they are so popular.
Brands of Mondelez International
- Trident
- Sour Patch
- Newtons
- Oreo
- Ritz
- Triscuit
- Chips Ahoy
- Wheat Thins
Archer-Daniels-Midland Company
Another food brand whose sales boomed is the massive food processing company, ADM. So, it is known for animal feed, industry, and nutraceutical market products as well. So, they focus on cereal grains and oilseeds and transform them into food. ADM also takes many other food materials and turns them into food ingredients.
Products of ADM
- Baking
- Cereal
- Beverages
- Candy
- Dairy
- Meat Products
- Other Processed and Snack Foods
Diageo plc
This beverage company is based out across the pond in the United Kingdom. Likewise, they make a wide variety of alcohol and other drinks.
Drinks of Diageo plc
- Scotch and Other Whiskey
- Vodka
- Tequila
- Gin
- Rum
- Liqueurs
- Beer
- Wine
Kweichow Moutai Co., Ltd. Class A
Founded and based in China, this company has made it 8th in 2022 for profits. Besides their food industry, they also work on the development of anti-counterfeiting technology.
Brands of Kweichow Moutai Co:
- Moutai
- Zhizen
- Mhuzen
- Five Star
- Feitian
Tyson Foods, Inc. Class A
This company is well-known in the United States. Additionally, it is the world’s second-largest processor of meats.
Brands of Tyson Foods include:
- Jimmy Dean
- Hillshire Farm
- Fast Fixin’
- Landshire
Danone SA
Last on our list of food brands whose sales boomed, is the Danone SA company based in France. This food company might be based in France, however, it has markets in over 120 countries. Moreover, they have a focus on essential dairy and plant-based products, water, and specialized nutrition.
Brands of Danone SA
- Delight
- Danonino
- Bonafont
- Salus
The post Food Brands Whose Sales Boomed in 2022 appeared first on Under30CEO.
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