Nestlé S.A., headquartered in Vevey, Switzerland, is widely recognized as the world’s most prominent food and beverage company. Founded in 1866, Nestlé operates in 189 countries and employs approximately 270,000 people. The company’s extensive product portfolio includes iconic brands such as Nescafé, KitKat, Maggi, and more.
In terms of market capitalization, as of March 31, 2023, Nestlé led the global food industry with a market cap of $335.686 billion. The company reported revenues of $98.915 billion for the fiscal year ending December 2022, marking a 3.81% increase over the previous year.
Forbes’ Global 2000 list in 2022 also highlighted Nestlé as the world’s largest food company, with sales exceeding $93 billion.
These metrics underscore Nestlé’s significant influence and leadership within the global food and beverage sector.
