Top 100 companies worldwide: Food

The food industry is a multifaced, complex market that is responsible for the production of all food for consumption. This industry includes the processing of the products of agriculture, forestry, and fishing into food for both humans and animals as well as the production of various intermediate products that cannot directly be classified as food. With the help of technology, the food industry has gone through many changes within the last 20 years. These developments correlate to an increasing interest in convenience foods. In 2022, mainland China had the highest revenue within the industry. That same year, Nestlé S.A. recorded the largest revenue in the food industry.The number of large companies in the food industry is an indicator of the overall economic performance of that sector. Not only do these companies provide jobs for the local markets, but they are also able to achieve success in global markets, thus generating greater value.