There can be no doubt that food is big business in the United States. In 2017, the U.S. market for packaged foods reached $378 billion, according to Statista, an online statistics portal. That’s a pretty amazing number, especially when it has been estimated that the 10 largest food and beverage manufacturers account for 80 percent of the product offerings in grocery stores.
For several years, the Packaging Strategies list of the Top 50 Food Packaging Companies has changed very little. Sure, there has been some juggling of the ranks as major manufacturers buy, sell or otherwise consolidate their divisions. But once again, Nestlé, JBS, Tyson, Pepsico and Mars round out the top five food packaging companies in the 2018 rankings.