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The combined revenue of these 10 is ~$393 Billion in 2015. The US spent $1.7 Trillion on food & beverages in 2018[0]. That's 23% of just the US market, and thes
by 11thEarlOfMar 6y ago
The combined revenue of these 10 is ~$393 Billion in 2015. The US spent $1.7 Trillion on food & beverages in 2018[0]. That's 23% of just the US market, and these are international brands, yes? Whoever said click bait was, well... we're talking about BI after all.
[0] https://www.fb.org/market-intel/u.s.-food-expenditures-at-home-and-abroad https://www.fb.org/market-intel/u.s.-food-expenditures-at-ho...
- Vaslo 6y agoYes and there are other major companies that are not on this list. Kraft Heinz is a $25b company much more ubiquitous than someone like Danone. Why take Danone over them? Clickbait indeed.
- boomboomsubban 6y agoRoughly half of that $1.7 trillion is categorized as "food away from home," meaning it includes the cut restaurants and such get from selling you those same brands. Further, it's unclear if that $1.7 trillion includes alcohol, but those ten companies do not.