Top 10 Food Companies in the World in 2021 by Retail Product Sales

Nestle SA, PepsiCo Inc, Mondelez International Inc, Unilever Plc, and Mars Inc are the top 5 food companies in the world in 2021 by retail product sales. Cumulatively, the top 10 food companies in the world generated retail product sales of $333,381 million, the highest retail product sales were reported by Nestle SA ($49,818 million), followed by PepsiCo Inc ($48,213 million) and Mondelez International Inc ($46,988 million), while the company Danone SA with $23,168 million stood the lowest. Switzerland-based Nestle SA is one of the leading food companies in the world in 2021 by retail product sales (FY 2021). It is a manufacturer and marketer of food products and beverages. The company's product portfolio comprises baby foods, bottled water, cereals, chocolates and confectionery, coffee, culinary products, chilled and frozen foods, dairy products, nutritional products, ice cream, and pet products. The company reported revenues of $98,915 million for the fiscal year ended December 2022 (FY2022), an increase of 3.81% over FY2021. Nestle operates 354 factories in 79 countries in Asia-Pacific, Europe, the Americas, Africa, and the Middle East. It employs 275,000 people. The United States-based PepsiCo Inc is another leading food company in the world in 2021 by retail product sales (FY 2021). The company reported revenues of $86,392.0 million for the fiscal year ended December 2022 (FY2022), an increase of 8.7% over FY2021. The company’s product portfolio comprises potato chips, cereals, oatmeal, rice, pasta, rice cake, packaged water, sports and energy drinks, juice, and fountain syrups, and it employs 309,000 people.