Top 10 Global Food Companies by Market Capitalization: Nestle Takes the Lead

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Cindy Mutia Annur 05/09/2023 16:32 WIB

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Based on Companies Market Cap data, Nestlé is the world's largest food company with a market capitalization of US$316.71 billion as of September 5, 2023.

Top 10 Food Companies by Market Capitalization (September 5, 2023)

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Top 10 Food Companies by Market Capitalization (September 5, 2023)

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Based on Companies Market Cap data, Nestle is the world's largest food company. The Swiss company has a market capitalization of US$316.71 billion, or approximately Rp4,836 trillion as of September 5, 2023 (exchange rate Rp15,272 per US$).

According to Nestle's official website, they currently operate 344 factories in 77 countries. Founded in 1866, the company now sells a variety of food and beverage products in 188 countries.

Some of Nestle's well-known food products include Koko Crunch, Honey Star, KitKat, Cerelac, and Maggi. Besides food products, Nestle is also known as a producer of several beverage products such as Milo, Dancow, Bear Brand, and Nescafe.

The next largest food company in the world is McDonald's (McD). This United States-based company has a market capitalization of US$204.73 billion.

According to the company's website, McD now has 38,000 restaurants in over 100 countries. Founded in 1955, their restaurants sell fast food such as hamburgers, french fries, fried chicken, and various breakfast menus.

McD also frequently launches collaborative products with world-class celebrities, such as BTS, Michael Jordan, Mariah Carey, and most recently, New Jeans.

Next, Unilever ranks third with a market capitalization of US$129.29 billion. Some of Unilever's well-known food products in Indonesia include Kecap Bango, Buavita, Cornetto, Knorr, Lipton, Magnum, Royco, and Wall's.

Then there's Mondelez, which has a market capitalization of US$94.8 billion. Some of the well-known products of this US-based company include Dairy Milk, Oreo, Ritz, and Toblerone.

Here is a complete list of the top 10 food companies with the largest market capitalization in the world as of September 5, 2023:

1. Nestle (Switzerland): US$316.71 billion
2. McDonald's (United States): US$204.73 billion
3. Unilever (United Kingdom): US$129.29 billion
4. Mondelez (United States): US$94.8 billion
5. Hindustan Unilever (India): US$71.44 billion
6. Chipotle Mexican Grill (United States): US$53.48 billion
7. Compass Group (United Kingdom): US$44.18 billion
8. The Hershey Company (United States): US$43.72 billion
9. Archer Daniels Midland (United States): US$42.77 billion
10. Kraft Heinz (United States): US$40.01 billion

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Top 10 Global Food Companies by Market Capitalization: Nestle Takes the Lead

Top 10 Global Food Companies by Market Capitalization: Nestle Takes the Lead

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Top 10 Global Food Companies by Market Capitalization: Nestle Takes the Lead

Top 10 Global Food Companies by Market Capitalization: Nestle Takes the Lead

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Average Length of Schooling in Bekasi City Reaches 12.11 Years in 2025

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