Food Processing's Top 100 - 2023 (2024)

The five largest food and beverage companies in the U.S. and Canada remain PepsiCo., Tyson Foods, JBS USA, Nestle and Kraft Heinz. That's according to our annual reporting of the top food & beverage companies in North America.

Food Processing's 48th annual Top 100© list (as of August 2023) ranks food and beverage processors based on their sales of value-added, consumer-ready goods that were processed in U.S. and Canadian facilities. Most of the sales figures are from calendar 2022, although a few companies have different fiscal years. In addition to the numbers below, click on a company's name and you'll get a profile of that processor, with address and contact info, key executives, brands owned and, in most cases, plant locations.

Learn more about the Food Processing Top 100© list as well as read our analysis by visitingTop 100 Food and Beverage Companies for 2023: Rich Company, Poor Company.

For an alphabetic list of all the companies, click here.

Footnotes in the Chart:A = Adjustments were made to figures supplied by the company | C = We converted foreign currency to U.S. dollars at the end of the company’s fiscal year | D = Figure is for the parent company | E = Estimate | P = Pet food only| R = Figure is restated from what we carried last year| NA = Not available | NR = Not ranked previously

This YearLast YearCompany2022 Food Sales2021 Food Sales2022 Total Company Sales2022 Net Income* (-Loss)2021 Net Income* (-Loss)
11PepsiCo Inc.52,66447,63586,3928,9107,618
22Tyson Foods Inc. (10/2/22)50,92745,05953,2823,2493,060
33Nestle (U.S. & Canada)35,729 C25,885 C102,208 D10,390 CD18,787CD
44JBS USA30,22229,070R70,882C2,931C,D3,678C,D
55Kraft Heinz Co.20,34020,35126,4852,3681,024
68General Mills Inc. (5/28/23)17,32415,67720,0942,5942,707
76Anheuser-Busch InBev16,56616,25757,786 D5,9694,670
87Smithfield Foods Inc.15,67514,18433,7811,015949
99Coca-Cola Co.15,67413,19043,0049,5429,771
1013Cargill Inc. (5/31/23)15,000 E14,000 E177,000NA-PrivateNA-Private
1110Mars Inc.13,000 E12,500 E45,000 ENA-PrivateNA-Private
1212Hormel Foods Corp. (10/30/22)12,45911,38612,4591,000909
1311Conagra Brands Inc. (5/30/23)12,27711,53612,277684882 R
1414Pilgrim’s Pride10,7489,11417,46874731
1516Bimbo Bakeries USA (U.S. & Canada)10,5248,59820,7001,6151,664
1620Mondelez International9,6808,30231,4962,7264,300
1719Saputo Inc. (3/31/23)9,624 C8,565 C13,174 C459 C220 C
1821Hershey Co.9,5668,23810,4191,6451,478
1915National Beef Packing Co.9,400 E9,300 E9,400 ENANA
2022Kellogg Co.8,9588,17415,3159601,488
21NRWayne-Sanderson Farms (3/31/23)8,800NA8,800NANA
2217Molson Coors Co.8,7128,48510,701(-187)1,009
2318Campbell Soup Co. (7/31/22)8,5628,4768,5627571,002
2423J.M. Smucker Co. (4/30/23)8,5297,9998,529(-91)632
2524Keurig Dr Pepper8,3327,36814,0571,4362,146
2625Lactalis American Group7,100 E6,045 E17,800NANA
2729Dairy Farmers of America6,9005,43424,500108199
2828Agropur Cooperative (10/31/22)6,246 C5,873 C6,246 C384 C374 C
2926Danone North America6,000 E6,000 E6,000 ENANA
3031Perdue Farms Inc. (4/30/23)5,9004,80011,000NA-PrivateNA-Private
3133Land O'Lakes Inc.5,4054,55219,000248295
3227Post Holdings Inc. (9/30/22)5,3745,7495,851523167
3335Flowers Foods Inc.4,8064,3314,806228206
3434Constellation Brands (2/28/23)4,727 E4,412E9,453(-71)(-40R)
3532Golden State Foods4,7005,000R5,180NA-PrivateNA-Private
41Koch Foods Inc.4,700 E3,900 E4,700 ENA-PrivateNA-Private
3737Unilever U.S.4,693 C4,244 C64,156C8,860 C7,498C
3838E&J Gallo Winery4,300 E4,200 E5,300 ENA-PrivateNA-Private
3939Prairie Farms Dairy Inc. (9/30/22)4,200 E3,600 E4,200NANA
4044Grupo Lala4,0403,1584,040NA(-17)
4148Hearthside Food Solutions LLC4,000 A3,050 A4,240NA-PrivateNA-Private
NRLamb Weston Holdings Inc.4,000 A3,570A4,099201318
4345Colgate-Palmolive Co.3,713 P3,111 P17,967850 P901P
4451Ferrara USA (8/31/22)3,600 E2,600 E3,600 ENANA
4570Grassland Dairy3,500 E1,8153,500 ENANA
42Great Lakes Cheese Co.3,500 E3,400 E3,500 ENA-PrivateNA-Private
4740Maple Leaf Foods3,491 C3,560 C3,491 C,G(-230)81
4836TreeHouse Foods Inc.3,4542,946 R3,454(-146)(-13)
4943Beam Suntory Inc. (U.S.)3,3273,30818,7441,3291,031C
5072Cal-Maine Foods (5/29/23)3,1461,7773,146757133
5146California Dairies Inc.3,100 E3,100 E4,100 ENANA
46McCain Foods (6/30/2022)3,100 E3,100 E8,120 CNA-PrivateNA-Private
5351Rich Products Corp.3,000 E2,600E5,800NA-PrivateNA-Private
5459Premium Brands Holdings Corp.2,754 C2,337C4,451C118C104C
5555Foster Farms LLC2,700 E2,400 E2,700 ENA-PrivateNA-Private
49H.P. Hood Inc.2,700 E2,700 E2,700 ENA-PrivateNA-Private
5749McCormick & Co. Inc. (11/30/22)2,6702,700A6,351684824R
5864Seaboard Corp.2,6052,481 H8,979580570
5965Schwan’s Co.2,600 E2,100E2,600ENANA
6053Trident Seafoods Corp.2,500 E2,500E3,000ENA-PrivateNA-Private
54Wonderful Co.2,500 E2500E5,000NA-PrivateNA-Private
6255American Foods Group LLC (9/30/22)2,400 E2,400 E3,500NA-PrivateNA-Private
55Mountaire Farms2,400 E2,400 E2,400ENA-PrivateNA-Private
6461Hilmar Cheese Co.2,209 E2,209 E2,800 ENA-PrivateNA-Private
6569Lindt & Sprungli2,198 C1852C5381C617C536C
6663B&G Foods2,1632,0562,163(-11)67
6762Boston Beer Co.2,0902,0582,0906715
6865OSI Group2,000 E2,000 E6,100NA-PrivateNA-Private
6958Schreiber Foods Inc.1,997 E2,397 E6,000 ENA-PrivateNA-Private
7068Brown-Forman Corp. (4/30/23)1,9681,9174,228783838
7177Associated Milk Producers1,800 E1,600 E1,800 ENANA
71J. R. Simplot Co. (8/31/22)1,800 E1,800 E9,700 ENA-PrivateNA-Private
7374Leprino Foods Co.1,750 E1,750 E3,500 ENA-PrivateNA-Private
7476Del Monte Pacific Ltd. (4/30/23)1,7161,6502,40072100
7582Lancaster Colony Corp. (6/30/22)1,6761,4671,67690142
7665Dreyer's Grand Ice Cream1,639 A,C2,000 E1,639 A,CNA-PrivateNA-Private
7775Triumph Foods1,600 E1,600 E1,600 ENANA
7884Seneca Foods Inc. (3/31/23)1,5091,3851,50910685
7979McKee Foods Corp.1,500 E1,500 E1,500 ENA-PrivateNA-Private
8086Sargento Foods Inc. (6/30/22)1,440 E1,200 E1,800 ENA-PrivateNA-Private
8178Bonduelle N.A.(6/30/22)1,4201,5223,08738C68C
8288Utz Brands1,4081,1811,408(-14)8
8385Reser's Fine Foods1,400 E1,300 E1,400 ENA-PrivateNA-Private
8489J&J Snack Foods (9/30/22)1,3811,1451,3816271
8590Hostess Brands Inc.1,3581,1421,358164119
86NRMonogram Foods1,3021,0301,302(-53)16
87NRCase Foods Inc.1,2891,0221,289NA-PrivateNA-Private
8879American Crystal Sugar Co. (8/31/22)1,200 E1,200 E1, 500 ENANA
83Borden Dairy Co.1,200 E1,400 E1,200 ENANA
86CROPP Cooperative/Organic Valley1,200 E1,200 E1,200 ENANA
9191National Beverage Corp. (4/29/23)1,1731,1381,173142159
9273Hain Celestial Group (6/30/22)1,1631,104R1,89294115
9396Foremost Farms USA1,1149022,100NANA
9492Darigold (3/31/23)1,0941,0492,400NANA
9593Agri-Mark1,000 E1,0121,000 ENANA
94Ocean Spray1,000 E1,000 R2,000 ENANA
9797SunOpta Inc.935813935(-8)(-5)
98NRGlanbia USA900 E600 E3,000 DNANA
NRJohn Soules Foods900 E700E900ENA-PrivateNA-Private
10079Chobani Inc.880 E900 E900 ENA-PrivateNA-Private
Food Processing's Top 100 - 2023 (2024)

FAQs

Food Processing's Top 100 - 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 ($51,909 million), while Grupo Bimbo SAB de CV is the lowest ($ ...

What are the top 10 food processing companies in the US? ›

Top 10 Food Companies in the US in 2021 by Retail Product Sales
  • PepsiCo Inc Headquarters. Consumer Packaged Goods. ...
  • The Kraft Heinz Co. Consumer Packaged Goods. ...
  • General Mills Inc. Consumer Packaged Goods. ...
  • Tyson Foods Inc. Consumer Packaged Goods. ...
  • Nestle SA. Switzerland. ...
  • Conagra Brands Inc. ...
  • Mars Inc. ...
  • Campbell Soup Co.

What is the biggest food company in the world in 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 ($51,909 million), while Grupo Bimbo SAB de CV is the lowest ($ ...

What are the top 3 food industries? ›

In this article, we'll take a closer look at the top 10 largest food and beverage companies in the world.
  • Nestlé
  • PepsiCo.
  • VINUT.
  • The Coca-Cola Company.
  • Danone.
  • Walmart.
  • Mars Company.
  • JBS.
Dec 11, 2023

What food companies are in the Fortune 500? ›

Company logos courtesy of Kraft Heinz, Mondelēz International, Land O'Lakes, Hershey, Kellogg's, PepsiCo, J.M. Smucker, General Mills, Conagra Brands, Campbell's and Hormel Foods. The Fortune 500 list is an annual ranking that showcases the largest US corporations by total revenue for their respective fiscal years.

What are the 11 big food companies? ›

When you walk into a grocery store you see A LOT of products. But the companies that provide these options are actually quite few.
  • PepsiCo.
  • Nestle.
  • Kellogg's.
  • Unilever.
  • Coca-Cola.
  • Procter & Gamble.
  • Mars.
  • Danone.

What are the big processed food companies? ›

The five largest food and beverage companies in the U.S. and Canada remain PepsiCo., Tyson Foods, JBS USA, Nestle and Kraft Heinz. That's according to our annual reporting of the top food & beverage companies in North America.

What is the world's largest food processing company? ›

Nestlé is the world's largest food company – a title the Swiss-based conglomerate has held for more than a decade.

What is the fastest growing food industry in the world? ›

Aquaculture has been the world's fastest-growing food production system for decades, and is now providing more fish than wild capture fisheries for human consumption. While critical to meet future demand for protein, such growth comes with environmental challenges.

What are the big 4 food companies? ›

The World's Largest Food and Beverage Companies in 2022
Food RankGlobal 2000 RankCompany
146Nestle S.A.
286PepsiCo, Inc.
393Anheuser-Busch InBev SA
4114Coca-Cola Co.
6 more rows
May 12, 2022

What is the richest food company? ›

Nestle – Nestle is a Swiss multinational food and drink processing conglomerate. It is the largest food company in the world, with revenues of over $92 billion in 2020. PepsiCo – PepsiCo is an American multinational food, snack, and beverage corporation. It had revenues of over $67 billion in 2020.

Which food industry dominates? ›

The correct answer is the Cereal-based industry.

Which food industry is most profitable? ›

Profitable Food Business Ideas
Food Business IdeaEstimated Profit MarginExample Roles
Poultry17%Farming, processing, packaging, distribution
Pizza15%Cooking, delivery, customer service, management
Fruit Juice Production14%Juicing, bottling, sales, distribution
Organic Farm10-15%Farming, harvesting, packaging, distribution
22 more rows

What company owns most of the food industry? ›

As one of the largest food and beverage companies in the world, Nestlé owns a wide range of food brands across different categories, including Carnation, Haagen-Dazs, KitKat, Tollhouse and many more. The company operates in over 190 countries and employs more than 300,000 people worldwide.

What food company is worth the most? ›

With a brand value of over 22,4 billion U.S. dollars, Nestlé was by far the most valuable food brand in the world in 2023. Yili, a Chinese dairy brand, was valued at about 12.4 billion U.S. dollars, putting the brand in second place.

What are the successful food companies? ›

Top Food Companies
  • McDonald's.
  • Hershey.
  • Kraft Heinz.
  • Wonders.
  • Goldbelly.
  • Nature's Fynd.
  • Restaurant365.
  • Restaurant Brands International.

Who are the food processors in the United States? ›

Many of the best-known food processors – including Anheuser-Busch InBev, Kraft Heinz, Nestle, Coca-Cola, and Grupo Bimbo – dominate entire markets. Each of these companies has built or bolstered its dominant position through mergers and acquisitions.

What are the largest food processing and packaging companies? ›

2021 Top 100 Food & Beverage Packaging Companies
RANKCOMPANY2020 REVENUE (in $B)
1Nestlé92.04
2PepsiCo70.37
3Anheuser-Busch InBev52.33
4JBS48.80
93 more rows

Who is the largest food supplier in the US? ›

Q: Who is the largest distributor in the USA? A: Sysco Corporation is the largest food and beverage distributor in the USA. Sysco has an annual revenue of $78+ billion; approximately 25 billion more than PFG, the next largest distributor in the USA.

Top Articles
Latest Posts
Article information

Author: Kelle Weber

Last Updated:

Views: 5990

Rating: 4.2 / 5 (53 voted)

Reviews: 84% of readers found this page helpful

Author information

Name: Kelle Weber

Birthday: 2000-08-05

Address: 6796 Juan Square, Markfort, MN 58988

Phone: +8215934114615

Job: Hospitality Director

Hobby: tabletop games, Foreign language learning, Leather crafting, Horseback riding, Swimming, Knapping, Handball

Introduction: My name is Kelle Weber, I am a magnificent, enchanting, fair, joyous, light, determined, joyous person who loves writing and wants to share my knowledge and understanding with you.