5 Largest Food Companies in the World

2. Nestlé

Nestlé SA is a Swiss multinational food and drink processing conglomerate corporation, a nutrition, health and wellness company, which engages in the manufacture, supply and production of prepared dishes and cooking aids, milk-based products, pharmaceuticals and ophthalmic goods, baby foods and cereals. It is headquartered in Vevey, Vaud, Switzerland. The company was founded by Henri Nestlé in 1866., 154 years ago (as Anglo-Swiss Condensed Milk Company). CEO of the company us Ulf Mark Schneider and the chairman of the company is Paul Bulcke. Twenty-nine of Nestlé’s brands have annual sales of over US$1.1 billion, including Nespresso, Nescafé, Kit Kat, Smarties, Nesquik, Stouffer’s, Vittel, and Maggi. Nestlé has 447 factories, operates in 189 countries, and employs around 339,000 people. Nestle has a market capitalization of US$304,1 billion. The company reports revenues of US$93,1 billion in 2020.

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