Food and beverages business has always been one of the most profitable businesses since people need to consume food and water every day.
People need to eat and drink to keep themselves alive. Some people can prepare their meal but some other can’t, and this is why a lot of people needs packaged food. Packaged food and beverages help people fulfill their need for food and water without having a hard time preparing their meals. But, did you know that almost every food and drinks you see in grocery shops are owned and produced by only ten companies?
Without people realising it or not, everyday products like Lays and Cheetos are produced by one same company. Lays and Cheetos are produced by Pepsico, the same company that produces and owns Pepsi and Quaker. Surprising, isn’t it?
Not only Pepsico, but there are also nine other companies that are owning products with big names:
1. Nestle; owns and produces Nescafe, Milo, Polo candy, Cerelac, Kit-Kat, etc.
2. Coca-Cola Company; owns and produces Coca-Cola, Fanta, Sprite, Aquarius, etc.
3. Unilever; owns and produces Lipton, Bertolli, Walls, Skippy, Blue Band, etc.
4. Danone; owns and produces Dannon, Evian, Activia, Aqua (Indonesia), etc.
5. Mars; owns and produces Wrigley, M&M’s, Snickers, Doublemint, etc.
6. Mondelez/Kraft; owns and provides Toblerone, Ritz, Cadbury, Oreo, Belvita, etc.
7. AFH plc; owns and produces Ovaltine, Mazola, etc.
8. Kellog’s; owns and produces Keebler, Pringles, etc.
9. General Mills; holds and provides Haagen-Dazs, Cheerios, Nature Valley, etc.
The company doesn’t originally create some of the products. In fact, companies buy existing products and its name, or adapt them to the group, turning them to one of the company’s subsidiary. This strategy helps large enterprises attain as many customers as possible. Combined, these businesses generate revenues of more than $1.1 billion a day!