Although the top 5 companies stayed the same, there was extensive movement throughout Food Engineering’s 2020 list of the Top 100 food and beverage companies.

A volatile year for food and beverage companies of every size has seen a reshuffling of Food Engineering’s Top 100 food and beverage companies.

PepsiCo has moved up from #2 to take the top spot. The company reported a 20.5% increase in net revenue in its Q2 results, raising its full-year guidance for organic revenue growth. 

Following closely behind PepsiCo, Nestlé reported organic sales growth of 8.1% for its first half, after its results were boosted by strong demand for its coffee products.

JBS reported its “best quarter in its history” in August, citing a net income that increased almost 30% to $839.2 million.

AB InBev reported a strong performance in Q2 after organic revenue grew by 27.6% to $13.53 billion. 

Tyson Foods recorded sales of $11.30 billion in Q2, an increase from 2020’s results of $10.89 billion. 

At the end of 2020, Mars announced its acquisition of Kind North America, a maker of healthy granola and energy bars.

ADM reported strong Q2 results, with net earnings of $712 million and adjusted net earnings of $754 million. 

The Coca-Cola Company witnessed net revenues accelerate by 42% in Q2 this year, driven by ongoing recovery from the pandemic in several markets.

Global commodities trader Cargill reported a 17% rise in revenue in fiscal year 2021, owing to raised prices for agricultural products. 

Danone has been busy. The company reported a return to growth across all categories in the second quarter after posting a 6.6% net sales increase on a like-for-like basis. 

After a brief stint in the top spot for PepsiCo, Nestlé reclaimed the mantle of top food and beverage producer by revenue in this year’s Top 100 Food and Beverage Companies. Plus, there was a massive jump in revenue reported by Archer Daniels Midland, giving the company enough to vault into the second spot, pushing PepsiCo down to third.

The rising cost of ingredients due to inflation and supply is deflating food and beverage manufacturers’ revenue, which has created movement in this year’s list.

Securing the top spot once again, Nestlé reported 9.3% organic sales growth in the first quarter, driven by the company’s price hikes.

PepsiCo said investments made in its brands, consumer insights, manufacturing and go-to-market execution are fueling growth across the portfolio.

A wider-than-expected first quarter loss was experienced because of high input costs, inflation and supply and demand imbalances, impacting performance in all units.

The maker of Budweiser and Corona said its results confirmed the resilience of the beer market in the face of economic challenges, notably inflation.>

Lowered sales forecasts led to the closure of some chicken processing facilities, but the company is compensating by making investments elsewhere.

It has been a year of innovation for ADM. The company reported that its agriculture and oilseed results were strong but slightly lower than in the second quarter of 2022.

Cargill—agricultural giant and the largest private company in the US – has experienced a slowing of profits this year, owing to less volatility in the global grain market and the collapse of meatpacking margins in the US.

The Coca-Cola Company reported strong second-quarter results, posting a 6% rise in net revenue to $12.0 billion, after its results were boosted by price hikes.

Olam Group – one of the world’s biggest agricultural traders – posted an 8.3% drop in its annual net profit, as better performance at its agricultural unit was offset by higher finance and input costs.

Global agribusiness cooperative CHS posted $547.5 million in net income for Q3 2023 boosted by strong global demand, compared to its record third quarter net income of $576.6 million in fiscal year 2022.

Inflation and changing consumer habits forced companies to get creative in terms of maintaining margins, and pet food is going strong.

PBNA tripled its local warehouse footprint with the relocation of its former downtown Nashville distribution warehouse facility.

The conveyor’s lanes combine product, making a mixed variety of can or bottle flavors to create a multi-flavor case pack.

Laticrete Spartacote has completed installation of customized, high-performance concrete floor coatings at the Texas Motor Speedway.

The pace of M&A activity in the food and beverage sector has trended much slower in 2024 compared to recent years, but several indicators suggest a pickup in activity.

The incredibly demanding operating application and washdown conditions, along with food safety concerns and regulations, have driven a shift toward IP69K-rated products.

Machine vision technology is emerging as a transformative force in driving productivity, enhancing quality control and revolutionizing packaging inspection processes.

Connectivity provides manufacturing plant operations many advantages like increased productivity, faster identification and remediation of quality defects, and better collaboration across functional areas. However, this connectivity is dramatically increasing smart factories’ vulnerabilities and leaving them exposed to cybersecurity threats.

As food and beverage manufacturers seek solutions to reduce operational costs and decarbonize, they may be surprised to find the answer in a solution that’s nearly a century old: absorption cooling.

Turn Industry 4.0 from a concept into a tangible business use case with this helpful assessment. Discover the key elements to implementing a successful project that provides business results that align with your company goals.

Phrases such as “artificial intelligence” and “machine learning” are dominating headlines – and boardroom discussions – but what do they really mean? And more importantly, what can they do for food and beverage manufacturers?

By embracing TSN, food and beverage companies not only improve their OEE but also set the stage for a future where production lines are not just automated but intelligently interconnected and extremely flexible.

The Modesto expansion is the second largest capital project in the company’s history.

Henry Avocado Corp. has expanded its cold storage distribution center in Charlotte, N.C. through collaboration with design-build firm A M King.

The expanded facility includes the addition of a new single-serve aseptic juice production line and a 104,000-sq.-ft. distribution center.

Situated on 15 acres, the 178,000-sq.-ft. facility maintains 32-ft. clear heights, 29 loading docks, 236 parking spaces and 116,000 sq. ft. of freezer space.

The state currently has over 3,000 children in foster care. And while DSS has made improvements in recent years, they still need help to give each child the support they deserve.

The post ‘If we’re not taking care of the youth, what are we really doing?’ Foster care advocates encourage more to get involved was curated by information for practice.

Sustained financing for Universal Health Coverage (UHC) has been a concern for the Cameroon government. Household contributions have been considered as a financing mechanism, but this raises concerns on the wi… Read the full article ›

The post Factors associated with household willingness to pay for Universal Health Coverage in Cameroon: a nationwide cross-sectional analysis was curated by information for practice.

February 22, 2013:

Is the context for the murderous rampage of Christopher Dorner one that people of color recognize? Tonight on Basic Black – anatomy of a killer’s racial experience… what happens at the intersection of racism, rage and mental illness?


Our panel:
- Callie Crossley, host and moderator, Boston Public Radio, WGBH
- Phillip Martin, senior reporter, 89.7 WGBH Radio
- Peniel Joseph, professor of history, Tufts University
- Kim McLarin, assistant professor of writing, literature, and publishing, Emerson College
- Dr. Chidi Achebe, President & CEO, Harvard Street Neighborhood Health Center




(Photo: War, Maria Gertsovskaya/Flickr.)

Have you hiked Mount Lafayette in N.H.'s Franconia Notch? We talk with N.H. author Ty Gagne, about his new book “The Last Traverse: Tragedy and Resilience in the Winter Whites." It’s the true story of two friends on a winter hike that goes awry, and the search-and-rescue efforts that keep it from becoming a bigger tragedy. What makes it especially relevant for this moment is the insight into how we make high-stakes decisions and manage risk in uncertain situations.

Archbishop of Canterbury Justin Welby, leader of the Church of England and the global Anglican Communion, has announced that he will be resigning amid outrage over an abuse cover-up scandal.

The president of Focus on the Family says he’s “encouraged” by Tuesday’s election results even as he acknowledged both victories and setbacks for the pro-life movement.

A major crisis broke out in Russia in the beginning of October 1993. It was the most serious crisis in post-Soviet history. Disagreements between President Boris Yeltsin and parliamentary leaders led to bloody massacre on the streets of Moscow.  The number of victims of the Black October crisis remains unknown even 30 years after. According to various departments and commissions, the number of victims varies from 124 to 158 people. Witnesses say, however, that hundreds were killed and thousands of others were injured.  After the collapse of the USSR in 1991, the 1978 Constitution of the RSFSR was still in force vesting supreme powers on the Supreme Council and the Congress of People's Deputies.

The Texas Department of Insurance, Division of Workers' Compensation (DWC) recognized Tyler Beverages with the Lone Star Safety Program Award on July 19, 2024, for its exemplary workplace health and safety programs and low rates of work-related injuries and illnesses.

The practice of "lotus births" has grown by 30 percent in Russia lately. When practicing lotus delivery, women leave the umbilical cord uncut after childbirth and wait for it to dry off naturally. It is believed that the child builds a connection with space and becomes less aggressive. Lotus births can be found on the list of services provided by private clinics. Newborns are left connected to the placenta for the period of time that they "need.” This period of time can last from a few hours to 10 days. The followers of the lotus birth practice believe that they thus do not disrupt the natural course of events. In classic childbirth, one allegedly programs an incorrect code of life into the baby, "where breathing is associated with aggression."

Russian President Vladimir Putin arrived in Beslan. The head of state visited the City of Angels memorial complex — a large cemetery where 266 victims of the monstrous 2004 terrorist attack were buried. The attack that took place on September 1 at Beslan's School No. 1 claimed the lives of 334 people. September 2024 will mark 20 years since the tragedy. A monument on the territory of the complex, the Tree of Sorrow, was built in memory of the hostages who fell victim to the terrorist attack. There is also a monument to the fighters of the Alpha and Vympel special forces who died during the assault.