The 10 Companies That Own Your Grocery List

With the endless variety of packaged food and beverage products available in grocery stores nowadays, one would assume that the industry is well-diversified with low barriers to entry and competition from all corners of the world. However, this is far from the truth – this infographic map shows that the majority of brands that we find in stores are actually owned by just TEN major corporations!

Nestlé, PepsiCo, General Mills, Kellogg’s, Associated British Foods, Mondelez (Kraft), Mars, Danone, Unilever and Coca-Cola own virtually everything in your pantry or refrigerator. I don’t know about you but the thought of this doesn’t quite sit right with me.

If this bothers you too, perhaps you should consider moving away from your usual grocery list and try out some local and/or artisan food products.In addition to support local farmers and small businesses, skipping out on sugary drinks and processed foods also has obvious health-related benefits.

The world’s largest food and beverage companies have a lot of power – but you have more. And because they’re not using theirs enough to help poor communities or the planet, you can use yours to change the way they do business.

Source: Oxfam International | Behind the Brands

Categories:   Business World, Health & Food