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Top 10 Food Companies in the World by Market Capitalization

Showing 10 out of 25 companies.

Nestle SA, Mondelez International Inc, The Hershey Co, General Mills Inc, and The Kraft Heinz Co are the top 5 food companies in the world in 2023 by market capitalization (as of Mar 31, 2023). Comprehensively, the top 10 Food companies in the world had a total market cap of $716,884 million (as of Mar 31, 2023), with Nestle SA having the highest ($335,686 million), followed by Mondelez International Inc ($95,050 million), and The Hershey Co ($51,909 million), while Grupo Bimbo SAB de CV is the lowest ($22,241 million). The Switzerland-based Nestle SA is the world’s leading Food company by market cap (as of Mar 31, 2023). The company reported revenues of $98,915 million for the fiscal year ended December 2022 (FY2022), an increase of 3.81% over FY2021. The company's product portfolio comprises baby foods, bottled water, cereals, chocolates and confectionery, coffee, culinary products, plant-based foods, chilled and frozen foods, dairy products, nutritional products, ice cream, and pet care products. It employs 275,000 people. The United States-based Mondelez International Inc is another leading Food company in the world by market cap (as of Mar 31, 2023). The company reported revenues of 31,496 for the fiscal year ended December 2022 (FY2022), an increase of 9.7% over FY2021. The company's product portfolio comprises snacks including cookies, crackers, salted snacks, chocolate, candy, cheese, and grocery and beverages. It employs 91,000 people.

Nestle SA

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Headquarters

Switzerland

Sector

Consumer Packaged Goods

Parent/Subsidiary/Independent

Parent

Market Cap ($M, Mar 31, 2024)

283,554

Mondelez International Inc

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Headquarters

United States of America

Sector

Consumer Packaged Goods

Parent/Subsidiary/Independent

Parent

Market Cap ($M, Mar 31, 2024)

94,253

The Kraft Heinz Co

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Headquarters

United States of America

Sector

Consumer Packaged Goods

Parent/Subsidiary/Independent

Parent

Market Cap ($M, Mar 31, 2024)

44,857

Danone SA

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Headquarters

France

Sector

Consumer Packaged Goods

Parent/Subsidiary/Independent

Parent

Market Cap ($M, Mar 31, 2024)

43,786

The Hershey Co

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Headquarters

United States of America

Sector

Consumer Packaged Goods

Parent/Subsidiary/Independent

Parent

Market Cap ($M, Mar 31, 2024)

39,719

General Mills Inc

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Headquarters

United States of America

Sector

Consumer Packaged Goods

Parent/Subsidiary/Independent

Parent

Market Cap ($M, Mar 31, 2024)

39,501

Inner Mongolia Yili Industrial Group Co Ltd

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Headquarters

China

Sector

Consumer Packaged Goods

Parent/Subsidiary/Independent

Parent

Market Cap ($M, Mar 31, 2024)

24,569

Associated British Foods Plc

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Headquarters

United Kingdom

Sector

Retailing

Parent/Subsidiary/Independent

Parent

Market Cap ($M, Mar 31, 2024)

23,788

Grupo Bimbo SAB de CV

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Headquarters

Mexico

Sector

Consumer Packaged Goods

Parent/Subsidiary/Independent

Parent

Market Cap ($M, Mar 31, 2024)

20,971

McCormick & Co Inc

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Headquarters

United States of America

Sector

Consumer Packaged Goods

Parent/Subsidiary/Independent

Parent

Market Cap ($M, Mar 31, 2024)

20,627

Showing 10 out of the top 25 companies.
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