Short answer
The largest US food and beverage companies by revenue are PepsiCo ($93.9 billion in 2025), Archer-Daniels-Midland ($80.3 billion), Tyson Foods ($54.4 billion in its year to September 2025), Coca-Cola ($47.9 billion) and Mondelez International ($38.5 billion), according to their latest 10-K filings. The list ranks US-headquartered public food and beverage makers by total revenue as reported. Food distributor Sysco ($84.6 billion) would rank second if distributors were counted.
- PepsiCo's $93.9 billion is more than Coca-Cola and Mondelez combined.
- Meat dominates the industry's workforce: animal slaughtering and processing has 32.6% of US food manufacturing employment and 156 of its 214 plants with 1,000 or more employees.
- Four meat companies make the top 11: Tyson, Pilgrim's Pride, Smithfield and Hormel.
- The three big broadline distributors, Sysco, Performance Food Group and US Foods, had $191.8 billion of revenue between them.
- Some of the biggest names report most staff outside the US: Coca-Cola employs 8,900 of its 65,900 in the US.
On this page
- The 25 largest US food and beverage companies
- Food distributors
- Large food companies headquartered outside the US
- Where the work happens: food manufacturing by segment
- How this list is built
- Where the buying happens at a food company
- Worked example: food safety training for meat and poultry plants
- Sources
- Questions people ask
This list is for anyone selling to food and beverage manufacturers (ingredients, packaging, equipment, automation, food safety, logistics, software and staffing) and for anyone who needs to know who the biggest food companies are. It ranks US-headquartered public food and beverage makers by total revenue for their latest fiscal year, as reported in their 10-K, with headquarters and headcount from the same filing. Food distributors and foreign giants are in separate tables below, because mixing them in hides who actually makes the food.
The 25 largest US food and beverage companies
| Rank | Company | Headquarters | Revenue, latest fiscal year | Main products | Employees |
|---|---|---|---|---|---|
| 1 | PepsiCo | Purchase, NY | $93.93 billion (year to Dec 27, 2025) | Snacks, beverages | about 306,000 (125,000 in the US) |
| 2 | Archer-Daniels-Midland | Chicago, IL | $80.27 billion (2025) | Oilseed and grain processing, ingredients | 41,496 |
| 3 | Tyson Foods | Springdale, AR | $54.44 billion (year to Sep 27, 2025) | Chicken, beef, pork, prepared foods | about 133,000 (116,000 in the US) |
| 4 | Coca-Cola | Atlanta, GA | $47.94 billion (2025) | Beverages | about 65,900 (8,900 in the US) |
| 5 | Mondelez International | Chicago, IL | $38.54 billion (2025) | Snacks, chocolate, biscuits | about 91,000 (12,000 in the US) |
| 6 | Kraft Heinz | Pittsburgh, PA | $24.94 billion (year to Dec 27, 2025) | Packaged foods, condiments | about 35,000 (16,000 in the US) |
| 7 | Pilgrim's Pride | Greeley, CO | $18.50 billion (year to Dec 28, 2025) | Chicken, pork | over 63,000 |
| 8 | General Mills | Minneapolis, MN | $18.42 billion (year to May 31, 2026) | Cereal, snacks, pet food | about 30,000 (15,000 in the US) |
| 9 | Keurig Dr Pepper | Frisco, TX | $16.60 billion (2025) | Beverages, coffee | about 30,600 (23,200 in the US) |
| 10 | Smithfield Foods | Smithfield, VA | $15.53 billion (year to Dec 28, 2025) | Pork | about 32,000 in the US, 2,500 in Mexico |
| 11 | Hormel Foods | Austin, MN | $12.11 billion (year to Oct 26, 2025) | Meat and packaged foods | about 20,000 |
| 12 | Hershey | Hershey, PA | $11.69 billion (2025) | Confectionery, snacks | 17,550 full-time, 2,045 part-time |
| 13 | Conagra Brands | Chicago, IL | $11.28 billion (year to May 31, 2026) | Frozen and packaged foods | about 17,400 |
| 14 | Molson Coors | Golden, CO | $11.14 billion (2025, net sales) | Beer | about 16,200 |
| 15 | Campbell's | Camden, NJ | $9.74 billion (year to Aug 2, 2026) | Soups, snacks | about 13,500 |
| 16 | Constellation Brands | Rochester, NY | $9.14 billion (year to Feb 28, 2026, net sales) | Beer, wine, spirits | about 9,400 |
| 17 | J.M. Smucker | Orrville, OH | $9.05 billion (year to Apr 30, 2026) | Coffee, pet food, snacks, spreads | not stated |
| 18 | Monster Beverage | Corona, CA | $8.29 billion (2025) | Energy drinks | 6,891 |
| 19 | Post Holdings | St. Louis, MO | $8.16 billion (year to Sep 30, 2025) | Cereal, foodservice, pet food | 13,180 |
| 20 | Coca-Cola Consolidated | Charlotte, NC | $7.23 billion (2025) | Bottling and distribution | about 17,000 |
| 21 | Ingredion | Westchester, IL | $7.22 billion (2025) | Starches, sweeteners, texturizers | about 11,200 |
| 22 | McCormick | Hunt Valley, MD | $6.84 billion (year to Nov 30, 2025) | Spices, seasonings, flavors | about 14,100 full-time |
| 23 | Primo Brands | Tampa, FL | $6.66 billion (2025) | Bottled water | over 12,600 |
| 24 | Lamb Weston | Eagle, ID | $6.61 billion (year to May 31, 2026) | Frozen potato products | about 10,000 |
| 25 | Darling Ingredients | Irving, TX | $6.14 billion (year to Jan 3, 2026) | Rendering, ingredients | about 15,000 |
Revenue is total revenue or net sales as reported in each company's latest 10-K. Molson Coors and Constellation report sales both before and after excise taxes; we use their net sales. Headquarters are each company's business address on its SEC filings. Employees are from the same filing; Smucker's 10-K gives union coverage but not a total headcount.
Flowers Foods ($5.26 billion) is next. Kellanova, the former Kellogg snacks business, reported $12.75 billion for 2024 in its last 10-K and would rank about 11th, but Mars, Incorporated completed its acquisition on December 11, 2025, and Kellanova stopped filing reports.
Food distributors
Broadline distributors buy from the companies above and sell to restaurants, schools, hospitals and hotels. They are buyers of food and sellers of logistics, and they're often the route to market for smaller food makers.
| Company | Headquarters | Revenue, latest fiscal year | Employees |
|---|---|---|---|
| Sysco | Houston, TX | $84.55 billion (year to Jun 27, 2026) | about 75,000 (52,000 in the US) |
| Performance Food Group | Richmond, VA | $67.84 billion (year to Jun 27, 2026) | over 44,000 |
| US Foods | Rosemont, IL | $39.42 billion (year to Dec 27, 2025) | about 30,000 |
Large food companies headquartered outside the US
Two of the world's largest food companies file with the SEC but are headquartered abroad, and both run large US operations:
| Company | Headquarters | Revenue, 2025 | Employees |
|---|---|---|---|
| JBS N.V. | Amstelveen, Netherlands | $86.18 billion (Form 20-F) | 282,806 |
| Bunge Global | Geneva, Switzerland | $70.33 billion (Form 10-K) | about 34,000 |
JBS beneficially owns about 82% of Pilgrim's Pride, which is listed on its own and appears in the main table.
Where the work happens: food manufacturing by segment
County Business Patterns counts manufacturing establishments (plants) with paid employees. These are all US food and beverage plants, not just the 25 companies above:
| Segment (NAICS 2022) | Plants | Employees | Plants with 1,000 or more employees |
|---|---|---|---|
| Animal slaughtering and processing (3116) | 3,716 | 556,205 | 156 |
| Bakeries and tortillas (3118) | 13,577 | 318,225 | 8 |
| Other food, such as snacks, coffee and seasonings (3119) | 4,836 | 257,870 | 21 |
| Fruit and vegetable preserving and specialty foods (3114) | 1,981 | 166,936 | 11 |
| Dairy products (3115) | 1,750 | 164,416 | 8 |
| Sugar and confectionery (3113) | 1,913 | 85,786 | 4 |
| All food manufacturing (311) | 31,130 | 1,707,316 | 214 |
| Beverage manufacturing (3121) | 12,452 | 279,743 | 7 |
County Business Patterns 2023. Segments not shown (grain milling, seafood, animal food) make up the rest of the food total.
Meat is where the large plants are: 156 of the 214 food plants with 1,000 or more workers slaughter or process animals, and the segment employs 32.6% of food manufacturing workers. Bakeries are the opposite, with the most plants and few large ones. That shapes who buys: in meat, a single plant can be a six-figure account; in bakeries and beverages, sellers usually work through regional groups or distributors.
How this list is built
- What's counted: total revenue or net sales for the latest fiscal year in each company's 10-K, which includes non-food lines such as General Mills' and Smucker's pet food or ADM's animal nutrition.
- Who's counted: US-headquartered companies whose main business is making food or beverages, including agricultural processors (ADM, Ingredion, Darling) whose products are food ingredients. Restaurants, grocers and tobacco companies are left out; see the largest fast food companies and largest grocery companies.
- What's left out: privately held companies that don't publish full financial statements, and cooperatives. Food Processing magazine's Top 100 and Fortune's lists rank food companies in their own ways; we didn't use them.
Where the buying happens at a food company
General guidance, informed by the filings. A large food company is a set of plants, brands and channels, and each buys differently.
- Plants. Plant managers and engineering teams buy equipment, maintenance, sanitation, automation and safety services, often against a corporate approved-vendor list. Tyson says about 110,000 of its 116,000 US team members work at production facilities, warehouses, truck shops, hatcheries and feed mills.
- Procurement. Ingredients and packaging are bought centrally by category managers on annual or multi-year contracts. Getting on the approved list matters more than any single plant.
- Brands and marketing. Brand teams buy research, agencies and retail media. They sit at headquarters and are organized by category.
- Food safety and quality. A corporate food safety leader sets standards that every plant follows, so a food safety product often needs a corporate sponsor before a plant can buy it.
Worked example: food safety training for meat and poultry plants
Illustrative example. The vendor and its pricing are fictional; the workforce and plant figures come from the companies' 10-Ks and County Business Patterns 2023.
The seller: Linecheck (linecheck.example) sells food safety and sanitation training for production workers at an illustrative $40 per worker per year.
The market. Meat and poultry processing employs 556,205 people at 3,716 plants, and 156 of those plants have 1,000 or more workers. Four of the 25 companies above are meat processors: Tyson (about 110,000 US workers at production and support sites), Pilgrim's Pride (over 63,000 employees), Smithfield (about 32,000 in the US) and Hormel (about 20,000, over 90% in the US).
The arithmetic. Tyson's production workforce at $40 each is about $4.4 million a year (110,000 × $40). A single plant of 1,500 workers is $60,000 a year, which a plant manager may be able to approve as a pilot.
The plan.
- Start with one large plant per company, where a plant manager and a plant food safety manager can run a pilot.
- Bring in the corporate food safety leader early, since a company-wide standard needs their approval.
- Use the pilot's results (audit findings, retraining time, turnover among new hires) to make the case for the next plants.
Finding the plant managers and food safety leads across dozens of plants is the slow part; Bebop researches each account in a list like this and writes a playbook for each.
Next step: for smaller food and beverage makers by state and product, see how to find manufacturing companies and filter by the food NAICS codes above.
Sources
- PepsiCo, Inc. Form 10-K for the fiscal year ended December 27, 2025, PepsiCo, Inc., via SEC EDGAR, 3 February 2026
- Archer-Daniels-Midland Company Form 10-K for the fiscal year ended December 31, 2025, Archer-Daniels-Midland Company, via SEC EDGAR, 17 February 2026
- Tyson Foods, Inc. Form 10-K for the fiscal year ended September 27, 2025, Tyson Foods, Inc., via SEC EDGAR, 10 November 2025
- The Coca-Cola Company Form 10-K for the fiscal year ended December 31, 2025, The Coca-Cola Company, via SEC EDGAR, 20 February 2026
- Mondelez International, Inc. Form 10-K for the fiscal year ended December 31, 2025, Mondelez International, Inc., via SEC EDGAR, 4 February 2026
- The Kraft Heinz Company Form 10-K for the fiscal year ended December 27, 2025, The Kraft Heinz Company, via SEC EDGAR, 12 February 2026
- Pilgrim's Pride Corporation Form 10-K for the fiscal year ended December 28, 2025, Pilgrim's Pride Corporation, via SEC EDGAR, 12 February 2026
- General Mills, Inc. Form 10-K for the fiscal year ended May 31, 2026, General Mills, Inc., via SEC EDGAR, 1 July 2026
- Keurig Dr Pepper Inc. Form 10-K for the fiscal year ended December 31, 2025, Keurig Dr Pepper Inc., via SEC EDGAR, 24 February 2026
- Smithfield Foods, Inc. Form 10-K for the fiscal year ended December 28, 2025, Smithfield Foods, Inc., via SEC EDGAR, 24 March 2026
- Hormel Foods Corporation Form 10-K for the fiscal year ended October 26, 2025, Hormel Foods Corporation, via SEC EDGAR, 5 December 2025
- The Hershey Company Form 10-K for the fiscal year ended December 31, 2025, The Hershey Company, via SEC EDGAR, 17 February 2026
- Conagra Brands, Inc. Form 10-K for the fiscal year ended May 31, 2026, Conagra Brands, Inc., via SEC EDGAR, 15 July 2026
- Molson Coors Beverage Company Form 10-K for the fiscal year ended December 31, 2025, Molson Coors Beverage Company, via SEC EDGAR, 18 February 2026
- The Campbell's Company Form 10-K for the fiscal year ended August 2, 2026, The Campbell's Company, via SEC EDGAR, 24 September 2026
- Constellation Brands, Inc. Form 10-K for the fiscal year ended February 28, 2026, Constellation Brands, Inc., via SEC EDGAR, 22 April 2026
- The J.M. Smucker Company Form 10-K for the fiscal year ended April 30, 2026, The J.M. Smucker Company, via SEC EDGAR, 9 June 2026
- Monster Beverage Corporation Form 10-K for the fiscal year ended December 31, 2025, Monster Beverage Corporation, via SEC EDGAR, 27 February 2026
- Post Holdings, Inc. Form 10-K for the fiscal year ended September 30, 2025, Post Holdings, Inc., via SEC EDGAR, 21 November 2025
- Coca-Cola Consolidated, Inc. Form 10-K for the fiscal year ended December 31, 2025, Coca-Cola Consolidated, Inc., via SEC EDGAR, 18 February 2026
- Ingredion Incorporated Form 10-K for the fiscal year ended December 31, 2025, Ingredion Incorporated, via SEC EDGAR, 17 February 2026
- McCormick & Company, Incorporated Form 10-K for the fiscal year ended November 30, 2025, McCormick & Company, Incorporated, via SEC EDGAR, 22 January 2026
- Primo Brands Corporation Form 10-K for the fiscal year ended December 31, 2025, Primo Brands Corporation, via SEC EDGAR, 27 February 2026
- Lamb Weston Holdings, Inc. Form 10-K for the fiscal year ended May 31, 2026, Lamb Weston Holdings, Inc., via SEC EDGAR, 24 July 2026
- Darling Ingredients Inc. Form 10-K for the fiscal year ended January 3, 2026, Darling Ingredients Inc., via SEC EDGAR, 3 March 2026
- Sysco Corporation Form 10-K for the fiscal year ended June 27, 2026, Sysco Corporation, via SEC EDGAR, 21 August 2026
- Performance Food Group Company Form 10-K for the fiscal year ended June 27, 2026, Performance Food Group Company, via SEC EDGAR, 12 August 2026
- US Foods Holding Corp. Form 10-K for the fiscal year ended December 27, 2025, US Foods Holding Corp., via SEC EDGAR, 12 February 2026
- JBS N.V. Form 20-F for the fiscal year ended December 31, 2025, JBS N.V., via SEC EDGAR, 25 March 2026
- Bunge Global SA Form 10-K for the fiscal year ended December 31, 2025, Bunge Global SA, via SEC EDGAR, 19 February 2026
- Kellanova Form 8-K: completion of merger with Mars, Incorporated, Kellanova, via SEC EDGAR, 11 December 2025
- Kellanova Form 10-K for the fiscal year ended December 28, 2024, Kellanova, via SEC EDGAR, 21 February 2025
- County Business Patterns 2023: NAICS 311 food manufacturing and 3121 beverage manufacturing, establishments and employment by size, US Census Bureau, 2023 data, accessed 30 October 2026
- North American Industry Classification System 2022: 311 Food Manufacturing, US Census Bureau, accessed 30 October 2026
Written by the Bebop team at Blackpearl Group. Published .
Questions people ask
What is the largest food company in the US?
PepsiCo, with $93.9 billion of revenue for its fiscal year ended December 27, 2025, and about 306,000 employees, according to its 10-K. Archer-Daniels-Midland is second with $80.3 billion, though much of that is grain and oilseed processing. Tyson Foods is the largest meat company, with $54.4 billion for its year to September 2025. Sysco, a distributor, had $84.6 billion.
What is the largest food company in the world?
Among companies that file with the SEC, PepsiCo ($93.9 billion in 2025) and JBS N.V. ($86.2 billion in 2025, reported in its Form 20-F) are the largest by revenue. JBS is headquartered in the Netherlands and owns about 82% of Pilgrim's Pride. Nestlé, based in Switzerland, reports in Swiss francs in its own annual report and isn't in this SEC-based list; compare it at a stated exchange rate.
Who are the biggest meat companies in the US?
By revenue in their latest 10-Ks: Tyson Foods ($54.4 billion, year to September 2025), Pilgrim's Pride ($18.5 billion, 2025), Smithfield Foods ($15.5 billion, 2025) and Hormel Foods ($12.1 billion, year to October 2025). JBS N.V., Pilgrim's parent, reported $86.2 billion globally. Animal slaughtering and processing employed 556,205 people at 3,716 US plants in 2023, per County Business Patterns.
What are the largest beverage companies in the US?
PepsiCo ($93.9 billion in 2025, including its snacks), Coca-Cola ($47.9 billion), Keurig Dr Pepper ($16.6 billion), Molson Coors ($11.1 billion net sales), Constellation Brands ($9.1 billion net sales, year to February 2026) and Monster Beverage ($8.3 billion), from their latest 10-Ks. Coca-Cola Consolidated, which calls itself the largest Coca-Cola bottler in the US, reported $7.2 billion, and Primo Brands, a bottled water company, $6.7 billion.
How many food manufacturing companies are there in the US?
County Business Patterns counted 31,130 food manufacturing establishments with paid employees in 2023, employing 1,707,316 people, plus 12,452 beverage plants employing 279,743. These are plants, not companies: one company can run dozens. Only 214 food plants had 1,000 or more employees, and 156 of those were meat and poultry plants. Plants without employees aren't counted.