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.

Hello, Was looking at international flights and only OTAs are coming with a domestic flight that follows the international flight from USA. When I searched for reviews, not one OTA has sterling reviews :p Will OTAs be fine if one does not make...

Flooring professionals who need moldings to complete their projects can now order them via Versatrim's new e-commerce website. 

Vidre+ makes fresh produce packaging and label functional and adaptable into a smart version with adjustable protection against the negative effects of ethylene.

Developed by PurPod, the pods have replaced all of New England Coffee’s former single-serve plastic pods to deliver a richer aroma and fresher coffee flavor with materials that are friendlier to the environment, reducing plastic waste. 

Mad Tea pods are fully compatible with Nespresso machines, allowing consumers to brew teas in under 30 seconds.

The solution integrates Eastman’s biobased and compostable Solus performance additives with BioPBS polymer to form a thin coating on UPM’s compostable and recyclable barrier base papers.

Clif Bar's Twin Falls bakery was named Food Engineering’s Sustainable Plant of the Year in 2017. The Indianapolis bakery has a different—although equally successful—story to tell.

Situated between Madison and Milwaukee, Wis., on Interstate 94 in a 7,000-resident town called Lake Mills lies Crystal Farms Dairy Co.’s plant. 

The modern distribution facility includes 12,000 sq. ft. of fully automated freezer capacity, end-to-end research and development capabilities, automated production lines to increase sales capacity, and space for five additional production lines. 

A project team undaunted by constant challenges comes through for an on-time delivery of Meati’s Mega Ranch, FOOD ENGINEERING’s 2024 Sustainable Plant of the Year.

The ADVANTEC Narrow brings all of the capacity and functionality benefits of the original ADVANTEC Impingement Freeze, but with innovations aimed at reducing its footprint and alleviating the pressures of high cryogenic gas prices on companies.

This device combines a built-in full function controller, both onboard and expandable I/O, and a 4.3” touchscreen display, in a compact all-in-one form factor.

CULT Food Science Corp. has diversified its cell-based food portfolio via an investment into cultured chocolate manufacturer, California Cultured Inc., Davis, Calif. The company uses cell culture technology to produce cocoa products like cocoa powder, chocolate and cocoa butter with the goal of creating sustainable and ethical chocolate for consumption around the world.

The USDA says 2022 will be a great year for agriculture, and climate-smart farming practices can help.

Dot Foods, Inc., said to be North America’s largest food industry redistributor, has acquired Morsum, a food industry data and AI platform technology company.

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

Q.E.P. recently completed the acquisition of AC Products and Southern Cross Building Products.

The National Wood Flooring Association (NWFA) recognized 41 member companies for community service in 2016.

QuickDrain USA, announced the arrival of the SquareDrain point drain – an extension of the QuickDrain total shower solution that reimagines how a drain should look and perform. 

The System 550 includes A2L refrigerant leak sensing and mitigation functionality and optional two-way cloud connectivity.

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 requirements include those set by organizations such as the Food & Drug Administration (FDA), the U.S. Department of Agriculture (USDA), the Global Food Safety Initiative (GFSI) and even state and local agencies.

COMPASS is designed to identify and remove foreign material and product defects to protect food safety and final product quality.

The high value of honey and perceived cachet surrounding its provenance makes it a vulnerable target, whether through fraudsters claiming false geographical origin, declaring false botanical variety or diluting it with cheaper sugar syrups.

The company has divested its gripper business assets to the Schmalz Group to focus its resources and expertise on advancing the commercialization of its end-to-end visual AI solutions.

As the regulatory landscape becomes increasingly complex, forward-thinking organizations are turning to Internet of Things (IoT) technology to ensure adherence to evolving standards throughout the production process.

New remote service tools and robust asset management platforms enable food and beverage companies to envision AI-based strategies and facilitate product innovation across the enterprise.