9 World’s Largest Consumer Goods companies in 2020-There are 9 World’s largest Consumer Goods companies in 2020 based on the published annual report of each company in 2020. As we know, consumer goods are types of goods that are directly consumed/used by consumers frequently in their daily activity. Additionally, because of the needs of primary goods as human beings, many of us are aware of these items such as body care products (soap, toothpaste, shampoo), cosmetics, food, and soft drinks, and various other products. Of course, our society with different conditions, cultures, and environments will have a preference in terms of certain consumer good products with different brands/brands with have different qualities.
Regarding the consumer goods business, here are some lists of the best-performing companies in 2020 based on the net profit that companies had earned. Additionally, Some of these companies certainly already have an extensive market share with billions of US Dollars of Profit / net earnings worldwide.
Rank Table of 9 World’s Largest Consumer Goods Companies Based on Profit in 2020
| Rank | Name of Company | Revenue | Revenue | Profit | Profit | |
|---|---|---|---|---|---|---|
| in | (Conversion in | in | (Conversion in | |||
| Native Currency | US Dollar) | Native Currency | US Dollar) | |||
| 1 | Nestle | 84.3 Billion CHF | 92.73 Billion | 12.3 Billion CHF | 13.5 Billion | |
| 2 | P&G | 70.9 Billion US Dollar | 70.9 Billion | 13.1 Billion US Dollar | 13.1 Billion | |
| 3 | Coca-Cola Company | 33 Billion US Dollar | 33 Billion | 7.7 Billion US Dollar | 7.7 Billion | |
| 4 | Pepsico | 70.3 Billion US Dollar | 70.3 Billion | 7.1 Billion Euro | 7.1 Billion | |
| 5 | Unilever | 50.7 Billion Euro | 59.8 Billion | 6.0 Billion Euro | 7.08 Billion | |
| 6 | L'Oreal | 27.9 Billion Euro | 32.9 Billion | 3.5 Billion Euro | 4.13 Billion | |
| 7 | Mondelez International | 26.5 Billion US Dollar | 26.5 Billion | 3.5 Billion US Dollar | 3.5 Billion | |
| 8 | AB inbev | 46.8 Billion US Dollar | 46.8 Billion | 2.2 Billion US Dollar | 2.2 Billion | |
| 9 | Kraft Heinz | 26.1 Billion US Dollar | 26.1 Billion | 361 Million US Dollar | 361 Million | |
| Note: | Native Currency = Currency in The Annual Report | |||||
| Currency Rate : | ||||||
| 1 Swiss Franc (CHF) = 1.1 US Dollar | ||||||
| 1 Euro = 1.18 US Dollar | ||||||
Source: Annual Report, 2020
In addition to its performance, there is also additional data related to the company’s financial condition. In the following, we present data on the condition of the companies in assets and liabilities taken from the annual report of each company in 2020.
Assets and Liabilities of 9 World’s Largest Consumer Goods Companies in 2020
| Name of Company | Assets | Assets | Liabilities | Liabilities | ||
|---|---|---|---|---|---|---|
| in | Conversion in | in | Conversion in | |||
| Native Currency | US Dollar | Native Currency | US Dollar | |||
| Nestle | 124 Billion CHF | 141 Billion | 77.5 Billion CHF | 85 Billion | ||
| P&G | 120 Billion US Dollar | 120 Billion | 73.8 Billion | 73.8 Billion | ||
| Pepsico | 92.9 Billion US Dollar | 92.9 Billion | 79.3 Billion US Dollar | 79.3 Billion | ||
| Unilever | 67.6 Billion Euro | 79.7 Billion | 50 Billion Euro | 59 Billion | ||
| AB Inbev | 226 Billion US Dollar | 226 Billion | 147 Billion US Dollar | 147 Billion | ||
| L'Oreal | 43.6 Billion Euro | 51.4 Billion | 14.6 Billion Euro | 17.2 Billion | ||
| Coca-Coala | 87.2 Billion US Dollar | 87.2 Billion | 66 Billion US Dollar | 66 Billion | ||
| Mondelez | 67 Billion US Dollar | 67 Billion | 40 Billion | 40 Billion | ||
| Kraft Heinz | 99.8 Billion US Dollar | 99.8 Billion | 49.5 Billion US Dollar | 49.5 Billion | ||
| Note: | Native Currency = Currency in The Annual Report | |||||
| Currency Rate : | ||||||
| 1 Swiss Franc (CHF) = 1.1 US Dollar | ||||||
| 1 Euro = 1.18 US Dollar | ||||||
Source: Annual Report, 2020
Of the 9 companies, everyone certainly knows this company and its products. The following are some brief descriptions of these companies, their business conditions, and well-known brands/brands that have become worldwide.
1.Nestle
Nestle is a multinational company that has a main office in Vevey, Vaud, Switzerland. Recently, the total number of employees worldwide has reached 273,000 people and the branch offices spread out in 186 countries.
Historically, Nestlé was formed in 1905 through the merger of the Anglo-Swiss Milk Company and Farine Lactée Henri Nestlé. According to their history, Anglo-Swiss Milk Company was founded in 1866 by George and Charles Page, and Farine Lactée Henri Nestlé was founded in 1867 by Henri Nestlé. Various well-known products from Nestle, as we know, especially its food and beverage products, such as Nestea, Milo, Nescafe, KitKat, Maggi, and various other products. In 2020, in terms of business performance, the revenue of this company is about 92.7 billion US dollars, and the Profit is 13.5 billion US dollars.
2. P&G
Procter and Gamble or commonly known as P&G was founded by William Procter, a candle maker, and James Gamble, a soap maker on August 24, 1837. Currently, the company has a main office in Cincinnati, Ohio, U.S. Business-wise, P&G products are sold in more than 180 countries. Operationally, the company has built a distribution and marketing network for its products in 70 countries and employs 99,000 employees worldwide.
Various products come from this company including health, hygiene, baby care products. Famous brands from this company such as Head and Shoulder Shampoo, Downy Fabric Softener, Pantene Shampoo, Gillette, Pampers, Olay, Amphibur, Oral-B, and Vicks. In 2020, in terms of business performance, the revenue of this company is about 70.9 billion US dollars, and the Profit is 13.1 billion US dollars.
3. Coca Cola
The Coca-Cola Company is a multinational company with various brands of carbonated drinks. The origin of this company was formed when the discovery of the Coca-Cola beverage formulation by John Stith Pemberton. However, Asa Griggs Candle bought the Coca-Cola formulation and later founded the Coca-Cola Company in 1892. Until now the company has a main office in Atlanta, Georgia, United States. Along with the development of its business, this company has spread its major business in various countries. In terms of sales, this company has sold its products in 130 countries with its product brands reaching 200 brands worldwide. Additionally, this company is a leader in the carbonated soft drink market with well-known brands such as Coca-Cola, Sprite, Fanta, and Minute Maid. In 2020, in terms of business performance, the revenue of this company is about 33 billion US dollars, and the Profit is 7.7 billion US dollars.
4. PepsiCo
PepsiCo is a multinational company with the merger of the Pepsi-Cola Company and Frito-Lay. This company has main headquartered in Purchase, New York, U.S. The company’s brands include Pepsi-Cola, Mountain Dew, Diet Pepsi, Lay’s, Doritos, Tropicana, Gatorade, and Quaker. Total employees spread throughout the world reach 291,000 people. In 2020, in terms of business performance, the revenue of this company is about 70.3 billion US dollars, and the Profit is 7.1 billion US dollars.
5. Unilever
Founded on September 2, 1929, and currently has main headquartered in London, Unilever has become a world-class company. The company itself is a merger between Dutch margarine producer Margarine Unie and British soapmaker Lever Brothers.
In terms of their brands or products, Unilever products include a wide variety of foods, sweets, energy drinks, baby food, soft drinks, cheese, ice cream, tea, cleaning agents, instant coffee, pet food, bottled water, toothpaste, chewing gum, frozen pizza, pregnancy tests, juices, margarine, beauty products, personal care, breakfast cereals, pharmaceutical, and consumer health care products. in worldwide, various product brands come from this company such as Clear, Ponds, Pepsodent, Molto, Lifebuoy, Lux, Dove, Sunsilk, Rexona, Vaseline, Sunlight, Wall’s Ice Cream, Rexona, Royco, and other brands. In 2020, in terms of business performance, the revenue of this company is about 59.8 billion US dollars, and the Profit is 7.08 billion US dollars.
6. Loreal
This company is certainly no stranger to the ears of the worldwide. Various products from this company are especially their body care and beauty products. This company originates from France and has its main office in Clichy, France. Various body care and beauty products have been sold by this company in various countries in the world. Along with the development of its business until now, various products such as Loreal Paris, Maybelline, Garnier are some of the beauty products that are widely known by people. In 2020, in terms of business performance, the revenue of this company is about 32.9 billion US dollars, and the Profit is 4.19 billion US dollars.
7. Mondelez
Mondelez International is a snack food company based in Chicago, Illinois, United States. This company was formerly part of the Kraft Food Company and then left the snack food business in 2012. The name Mondelez itself comes from the Latin Mundus which means world and Delez, which means delicious. Along with the development of the company’s business, sales of its products are increasing. This is evident in its financial statements; the company has operational offices spread across 80 countries and employs around 80,000 people spread throughout the world. Perhaps many of the worldwide people are familiar with chocolate-based snack products. The company’s well-known brands include Oreo biscuits, Belvita, Cadbury Dairy Milk, and Toblerone. In 2020, in terms of business performance, the revenue of this company is about 26.5 billion US dollars, and the Profit is 3.5 billion US dollars.
8. AB Inbev
Anheuser-Busch InBev or commonly known as AB InBev is a world-leading beverage and beer company headquartered in Leuven, Belgium. The company was formed due to Inbev’s acquisition of Anheuser-Busch in 2008. Its various beverage products are sold in several countries around the world such as Budweiser, Stella Artois, and Beck’s brands. In 2020, in terms of business performance, the revenue of this company is about 46.8 billion US dollars, and the Profit is 2.2 billion US dollars.
9 Kraft Heinz
Kraft Heinz is a leading company from the United States which is merger of Kraft food and Heinz Company in 2015. Until now, the company has its main office in Chicago, Illinois, and Pittsburgh, Pennsylvania, United States. Along with the development of the company’s business, this company has employed as many as 40 thousand employees throughout the world. Famous brands from this company are Kraft Cheese, ABC Brand, and various other products. In 2020, in terms of business performance, the revenue of this company is about 26.1 billion US dollars, and the Profit is 361 million US dollars.
Source of the 9 largest Consumer Goods companies in the World in 2020:
Nestle. Annual Report 2020 Accessed via https://www.nestle.com/investors/annual-report on 20 May 2021.
The Coca-Cola Company. Annual Report 2020 Accessed via https://investors.coca-colacompany.com/filings-reports/annual-filings-10-k on 20 May 2021.
Procter and Gamble. Annual Report 2020. Accessed via https://www.pginvestor.com/financial-reporting/annual-reports/default.aspx on 20 May 2021.
Unilever. Annual Report 2020. Accessed via https://www.unilever.com/investor-relations/annual-report-and-accounts/ on 20 May 2021.
Mondelez International. Annual Report 2020. Accessed via https://www.mondelezinternational.com/Investors/Financials/Annual-Reports on 20 May 2021.
Kraft Heinz. Annual Report 2020. Accessed Via https://ir.kraftheinzcompany.com/sec-filings?field_nir_sec_form_group_target_id%5B%5D=471&field_nir_sec_date_filed_value=2020#views-exposed-form-widget-sec-filings-table#views-exposed-form-widget -sec-filings-table on May 20, 2021.
Loreal. Annual Report 2020. Accessed via https://www.loreal-finance.com/eng on 20 May 2021.
Pepsico. Annual Report 2020. Accessed via https://www.pepsico.com/investors/financial-information/annual-reports-and-proxy-information on 20 May 2021.
