We see the same companies at the top of the list again this year: Nestlé, PepsiCo, Anheuser-Busch InBev, JBS and Tyson Foods round out the top 5 with a combined revenue of $262.7 billion (food/beverage sales only).
The novel coronavirus pandemic has seen various food and beverage trends change drastically from pre-COVID. Working from home, job loss and furloughs, as well as home schooling has created the home as a work place, school, restaurant and a gathering place for family time. Consumers didn’t take to it well in March but mid-summer, they have seemed to settle into the “next normal.”