Rank Company Food revenue Previous Previous year food (In U.S. $B) year rank revenue (In U.S. $B)

1 Nestlé 76.802 1 80.195

2 PepsiCo Inc. 67.161 2 64.661

3 Anheuser-Busch InBev 52.329 3 54.619

4 JBS 48.795 4 46.79

5 Tyson Foods 42.405 5 40.052

6 Mars 37.63 7 35 7 The Coca-Cola Company 37.266 9 31.856 8 Archer Daniels Midland Co. 32.951 6 38.9 9 Cargill 31.7 8 32.5 10 Danone 28.322 14 20.83 11 Heineken 26.845 17 18.99 12 25.868 11 25.938 13 Kraft Company 24.977 10 26.259 14 /WH Group 23.346 12 21.283 15 Unilever 21.6 19 17.095 16 Suntory 21.46 13 20.855 17 Olam International 21.137 15 19.365 18 Lactalis 20.72 22 15.635 19 Asahi Group 19.084 18 18.77 20 CHS Inc. 18.9 16 19.2

21 Inc. 16.865 20 16.865

22 Diageo 16.368 21 16.177 Acquired 23 Dairy Farmers of America 15.86 26 13.6 much of Dean Foods in May 2020 24 Grupo Bimbo (Mexico) 15.1 23 15

25 Kirin Holdings 15.01 24 14.27

26 Kellogg Company 13.578 27 13.547

27 Coca-Cola European Partners 13.46 38 9.735 28 Fonterra 13.26 25 14.195

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September 2020 FOOD ENGINEERING foodengineeringmag.com 49 Rank Company Food revenue Previous Previous year food (In U.S. $B) year rank revenue (In U.S. $B)

29 Yili Group 13.065 29 12.035

30 Ferrero 12.768 45 9.043 Largest gainer from 31 Marfrig Group 12.658 51 8.14 2019 32 Royal FrieslandCampina 12.652 37 9.765

33 Bunge 12.213 28 13.077

34 Arla Foods 11.79 47 8.81 35 China Mengniu Dairy Co. 11.444 35 10.435 36 Saputo 11.236 34 10.468 37 Keurig Dr Pepper 11.12 30 11 38 NH Foods 10.878 33 10.75 39 Molson Coors Brewing Co. 10.579 32 10.77 Tied for second- 40 Pernod Ricard 10.284 59 7.595 largest gainer from 2019 41 McCain Foods Ltd 10.265 43 9.5 42 Associated British Foods 10.217 31 10.77 43 Femsa 10.01 44 9.488 44 Carlsberg 9.88 36 9.905 45 Meiji Holdings 9.627 40 9.568 46 ConAgra 9.538 42 9.538 47 Hormel Foods Corporation 9.497 41 9.546 48 Yamazaki Baking 9.134 46 8.975 49 ThaiBev 8.61 60 7.328 50 Brf Brasil Foods 8.49 50 8.27 51 Danish Crown 8.472 39 9.65 52 Coca-Cola Bottlers Japan 8.39 49 8.4 53 Constellation Brands 8.344 52 8.116 54 Maruha Nichiro Corp. 8.152 53 8.08 55 Kerry Group 8.11 71 5.585 56 Campbell Soup Company 8.107 48 8.685

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50 FOOD ENGINEERING foodengineeringmag.com September 2020 Rank Company Food revenue Previous Previous year food (In U.S. $B) year rank revenue (In U.S. $B)

57 The Hershey Company 7.986 56 7.791

58 Hangzhou Wahaha Group 7.965 65 6.05

59 Ajinomoto 7.908 54 7.848

60 Coca-Cola HBC 7.869 70 5.625

58 7.705 Winner of the 61 Itoham Yonekyu 7.82 2020 Food Engineering 7.801 55 7.838 Plant of the 62 The JM Smucker Company Year award 63 Sudzucker 7.47 66 5.93 Declared 64 Dean Foods Company 7.33 57 7.775 bankruptcy in November 2019 65 Barry Callebaut 7.235 61 7.085 66 Oetker Group 7.232 83 4.538 67 DMK Deutsches Milchkontor 6.96 80 4.733 68 Total Produce 6.913 91 4.262 69 Red Bull 6.8 81 4.685 70 Jacobs Douwe Egberts 6.732 77 5.03 71 Bacardi 6.4 62 6.3 72 Muller Group 6.385 78 4.985 73 OSI Group 6.3 64 6.1 74 LVMH 6.245 88 4.347 75 Inc. 6.209 67 5.841 76 Sodiaal 5.813 90 4.31 77 Nissui 5.75 69 5.728 78 5.681 63 6.257 Tied for 79 Vion 5.629 98 3.948 second- largest gainer from 80 Savencia Fromage & Dairy 5.608 94 4.11 2019 81 Agropur Cooperative 5.455 74 5.205 82 McCormick Corporation 5.347 72 5.409 83 Morinaga Milk Industry 5.225 75 5.108 84 Schreiber Foods 5.1 76 5.1

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September 2020 FOOD ENGINEERING foodengineeringmag.com 51 TOP 100

Rank Company Food revenue Previous Previous year food (In U.S. $B) year rank revenue (In U.S. $B)

85 E & J Gallo Winery 5 79 4.8 86 Perdue Farms 4.9 100 3.9 87 Nisshin Seifun Group 4.658 89 4.337 88 Lindt & Sprungli 4.555 87 4.4 89 Ito En 4.434 82 4.6 90 Nissin Foods Group 4.3 95 4.085 Largest decline from 91 Treehouse Foods 4.289 68 5.812 2019 92 Sapporo Holdings 4.285 92 4.255 The highest- ranking 93 Monster Beverage Corp. 4.201 N/A 3.807 company that was not on the 2019 list 94 J R Simplot 4.2 93 4.2 95 Flowers Foods 4.124 97 3.952 96 Anadolu Efes 4.104 N/A 3.738 97 Tsingtao Brewery 4.052 96 4.02 98 Land O’ Lakes Inc. 4 84 4.48 99 Barilla 3.9 N/A 3.267 100 Lamb Weston 3.757 N/A 3.423

Methodology The Food Engineering Top 100 Food and Beverage companies is compiled by an independent researcher based on the most up-to-date financial information possible. For companies that report results in currencies other than dollars, currency conversions are based on a 12-month average as reported on www.x-rates.com. CRB is the exclusive sponsor of the Top 100 section. CRB had no editorial input and Food Engineering retains full ownership of and takes full responsibility for the content.

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52 FOOD ENGINEERING foodengineeringmag.com September 2020