[Ranking] TOP 25 Consumer Goods Companies Q3/2023

Intro

The consumer goods industry plays a crucial role in the worldwide economy, encompassing a wide range of products and services that are essential for daily life. From food and beverages to personal care products and household items, this industry caters to the needs and desires of consumers around the globe.

With its profound influence, the consumer goods industry has far-reaching ripple effects across diverse sectors. It drives innovation, fuels economic growth, and creates employment opportunities, making it a vital cornerstone of many economies.

In terms of economic magnitude, the consumer goods industry is on an upward trajectory. As disposable incomes rise and consumer preferences evolve, the demand for high-quality and innovative products continues to soar. This has led to significant market expansion and increased competition among companies.

Recent trends, breakthroughs, and obstacles are actively shaping the consumer goods industry. The rise of e-commerce has revolutionized the way consumers shop, while sustainability concerns and changing consumer behaviors are driving companies to adopt more eco-friendly practices. Additionally, the COVID-19 pandemic has presented both challenges and opportunities, forcing companies to adapt to changing consumer needs and preferences.

The consumer goods industry is known for its ever-changing landscape, characterized by rapidly evolving consumer preferences, technological advancements, and shifting market dynamics. To thrive in this dynamic environment, companies need to stay ahead of the curve and continually innovate to meet the demands of modern consumers.

Ranking

#25 Church & Dwight Co Inc

Church & Dwight Co Inc

Employees: 10K

Revenue: 4.2B$

Website: https://www.churchdwight.com

Description: Church & Dwight Co Inc, headquartered in Ewing Township, United States, is a leading player in the Consumer Goods industry. Founded in 1846, the company has a workforce of approximately 10,000 employees. With a revenue of 4.2 billion dollars, Church & Dwight Co Inc operates in various sectors of the consumer goods industry, including personal care, household products, and specialty products. The company is known for its wide range of popular brands, such as Arm & Hammer, Trojan, OxiClean, and First Response. With a strong presence in North America, Church & Dwight Co Inc continues to expand its market share and innovate in order to meet the evolving needs of consumers worldwide.

#24 McCormick & Company Inc

McCormick & Company Inc

Employees: 12K

Revenue: 5.3B$

Website: https://www.mccormickcorporation.com/

Description: McCormick & Company Inc, headquartered in Hunt Valley, United States, is a leading player in the Consumer Goods industry. Founded in 1889, the company has grown to become a global leader in flavor solutions. With a workforce of approximately 12,000 employees, McCormick & Company caters to consumer needs by providing a wide range of spices, herbs, seasonings, and condiments. The company's portfolio includes popular brands like McCormick, Old Bay, and French's. McCormick & Company generates an impressive revenue of 5.3 billion dollars, positioning itself as a major player in the industry.

#23 The Clorox Co

The Clorox Co

Employees: 8.9K

Revenue: 6.2B$

Website: https://www.clorox.com/

Description: The Clorox Co, headquartered in Oakland, United States, is a leading player in the Consumer Goods industry. Founded in 1913, the company has a strong presence in the market. With approximately 8,900 employees, Clorox generates a revenue of 6.2 billion dollars. The company is known for its wide range of consumer products, including cleaning and disinfecting products, laundry care, and charcoal products. Clorox has established itself as a trusted brand, offering high-quality and innovative solutions for everyday needs. Through its commitment to sustainability and social responsibility, Clorox continues to maintain a strong position in the Consumer Goods industry.

#22 The J.M. Smucker Company

The J.M. Smucker Company

Employees: 7.5K

Revenue: 7.8B$

Website: https://www.jmsmucker.com/

Description: The J.M. Smucker Company, headquartered in Orrville, Ohio, is a leading player in the Consumer Goods industry. Established in 1897, the company has a rich history of providing high-quality products to consumers. With approximately 7.5 thousand employees, Smucker operates in various segments of the industry, including food and beverage, pet food, and coffee. They are well-known for their iconic brands such as Smucker's, Jif, Folgers, and Meow Mix. The company's website offers a wide range of products for consumers to explore and purchase. With a revenue of 7.8 billion dollars, The J.M. Smucker Company continues to be a prominent player in the Consumer Goods industry, delivering trusted products to households across the United States and beyond.

#21 Hershey Foods Corporation

Hershey Foods Corporation

Employees: 16K

Revenue: 8.1B$

Website: https://www.thehersheycompany.com/

Description: Hershey Foods Corporation, headquartered in Hershey, United States, is a prominent player in the Consumer Goods industry. Founded in 1894, the company has a rich history of producing and selling a wide range of confectionery products. With approximately 16,000 employees, Hershey Foods Corporation has established itself as a major employer in the industry. The company's revenue stands at an impressive 8.1 billion dollars, reflecting its strong market presence and customer demand for its iconic brands. Hershey Foods Corporation continues to innovate and expand its product offerings, ensuring its position as a leader in the confectionery market.

#20 The Hershey Company

The Hershey Company

Employees: 15K

Revenue: 8.1B$

Website: https://www.hersheys.com

Description: The Hershey Company, headquartered in Hershey, Pennsylvania, is a leading player in the Consumer Goods industry. Founded in 1894, the company has a rich heritage of producing high-quality chocolates, candies, and other confectionery products. With approximately 15,000 employees, Hershey operates globally, serving consumers with its diverse portfolio of beloved brands that include Hershey's, Reese's, Kit Kat, and Twizzlers. The company's revenue stands at an impressive 8.1 billion dollars, a testament to its strong market presence and consumer loyalty. Hershey is committed to innovation, sustainability, and making a positive impact on the communities it serves.

#19 Campbell Soup Company

Campbell Soup Company

Employees: 14.5K

Revenue: 8.7B$

Website: https://www.campbellsoupcompany.com/

Description: The Campbell Soup Company, headquartered in Camden, United States, is a prominent player in the Consumer Goods industry. Founded in 1869, the company has a rich history of providing high-quality food products to consumers. With approximately 14.5 thousand employees, Campbell Soup Company has established itself as a major employer in the industry. The company generates an impressive revenue of 8.7 billion dollars, showcasing its strong market presence. Known for its iconic Campbell's soup brand, the company offers a wide range of food and beverage products, including soups, sauces, snacks, and beverages. Campbell Soup Company continues to innovate and adapt to changing consumer preferences, ensuring its position as a leader in the Consumer Goods industry.

#18 Molson Coors Beverage Company

Molson Coors Beverage Company

Employees: 17K

Revenue: 9.2B$

Website: https://www.molsoncoors.com/

Description: Molson Coors Beverage Company, headquartered in Chicago, United States, is a prominent player in the Consumer Goods industry. Founded in 1786, the company has a rich history and has grown to become one of the largest brewing companies globally. With approximately 17,000 employees, Molson Coors operates a diverse portfolio of iconic beer brands, including Coors Light, Miller Lite, Blue Moon, and Molson Canadian, among others. The company's revenue stands at an impressive 9.2 billion dollars, reflecting its strong presence in the market. Molson Coors is committed to brewing quality beers and delivering exceptional experiences to consumers worldwide, making it a respected name in the industry.

#17 Coty Inc

Coty Inc

Employees: 20K

Revenue: 9.3B$

Website: https://www.coty.com/

Description: Coty Inc, headquartered in Paris, France, is a leading player in the Consumer Goods industry. Founded in 1904, Coty has established itself as a prominent name in the beauty and personal care sector. With a workforce of 20,000 employees, the company operates globally, catering to millions of customers worldwide. Coty offers a diverse portfolio of products including cosmetics, fragrances, skincare, and haircare. The company's revenue stands at an impressive 9.3 billion dollars, reflecting its strong market presence and successful business strategies. Coty continues to innovate and expand its product offerings, ensuring its position as a key player in the Consumer Goods industry.

#16 Reckitt Benckiser Group Plc

Reckitt Benckiser Group Plc

Employees: 40K

Revenue: 13B$

Website: https://www.rb.com/

Description: Reckitt Benckiser Group Plc is a leading consumer goods company headquartered in Slough, United Kingdom. Founded in 1823, the company operates in the consumer goods industry and has a workforce of approximately 40,000 employees. With annual revenues of around 13 billion US dollars, Reckitt Benckiser Group Plc specializes in the production and distribution of a wide range of consumer health, hygiene, and home products. The company's portfolio includes popular brands such as Dettol, Lysol, Nurofen, Strepsils, Vanish, and Finish. Reckitt Benckiser Group Plc is committed to delivering innovative solutions that improve the lives of consumers worldwide, focusing on health, hygiene, and well-being.

#15 Kellogg Company

Coming Soon

Employees: 35K

Revenue: 14B$

Website: https://www.kelloggs.com/

Description: Kellogg Company, headquartered in Battle Creek, United States, is a prominent player in the Consumer Goods industry. Founded in 1906, the company has established itself as a leading global manufacturer and marketer of ready-to-eat cereals and convenience foods. With a workforce of approximately 35,000 employees, Kellogg Company operates numerous well-known brands, including Kellogg's, Keebler, Pringles, and Eggo. The company's diverse product portfolio caters to the ever-evolving consumer preferences, offering a wide range of breakfast cereals, snacks, cookies, and frozen foods. Kellogg Company consistently generates significant revenue, with annual earnings reaching approximately 14 billion US dollars. With its rich history and commitment to innovation, Kellogg Company continues to shape the Consumer Goods industry and provide consumers worldwide with delicious and nutritious food options.

#14 Estee Lauder Companies Inc

Coming Soon

Employees: 48K

Revenue: 14.3B$

Website: https://www.esteelauder.com/

Description: Estee Lauder Companies Inc is a prominent player in the Consumer Goods industry. With its headquarters located in New York City, United States, the company has been in operation since 1946. Estee Lauder Companies Inc boasts a workforce of approximately 48,000 employees. With a revenue of 14.3 billion dollars, the company has established itself as a key player in the industry. Specializing in beauty and personal care products, Estee Lauder Companies Inc offers a wide range of prestigious brands including Estee Lauder, Clinique, MAC, and Bobbi Brown. The company's commitment to innovation and quality has made it a global leader in the consumer goods sector.

#13 Colgate-Palmolive Co

Colgate-Palmolive Co

Employees: 34K

Revenue: 15.7B$

Website: https://www.colgatepalmolive.com/

Description: Colgate-Palmolive Co, headquartered in New York City, United States, is a prominent player in the Consumer Goods industry. Founded in 1806, the company has a workforce of approximately 34,000 employees. With a revenue of 15.7 billion dollars, Colgate-Palmolive Co specializes in the manufacturing and distribution of a wide range of consumer products. Their product portfolio includes oral care products, such as toothpaste and toothbrushes, as well as personal care items like soaps, shampoos, and deodorants. Colgate-Palmolive Co is recognized for its commitment to providing high-quality and innovative products that enhance the daily lives of consumers around the world.

#12 General Mills Inc

General Mills Inc

Employees: 40K

Revenue: 17B$

Website: https://www.generalmills.com/

Description: General Mills Inc, headquartered in Minneapolis, United States, is a prominent player in the Consumer Goods industry. Since its founding in 1928, the company has established itself as a leading producer and marketer of branded consumer foods. It offers a wide range of products including ready-to-eat cereals, refrigerated yogurt, baking mixes, frozen meals, and snacks. General Mills operates globally, with a strong presence in North America, Europe, Asia, and Latin America. With approximately 40,000 employees, the company generates an annual revenue of around 17 billion dollars. General Mills continues to innovate and adapt to changing consumer preferences, focusing on sustainable practices and investing in research and development to deliver high-quality products to its customers.

#11 Kimberly-Clark Corp

Kimberly-Clark Corp

Employees: 40K

Revenue: 18B$

Website: https://www.kimberly-clark.com

Description: Kimberly-Clark Corp is a leading company in the Consumer Goods industry. Headquartered in Dallas, United States, the company has been in operation since 1872. With a workforce of approximately 40,000 employees, Kimberly-Clark Corp focuses on manufacturing and distributing a wide range of consumer products. These products include brands like Kleenex, Scott, Huggies, and Kotex. The company generates significant revenue, with an annual turnover of around 18 billion dollars. Kimberly-Clark Corp's commitment to quality and innovation has made it a trusted name in the consumer goods market, providing essential products for everyday use.

#10 Danone SA

Danone SA

Employees: 100K

Revenue: 25B$

Website: https://www.danone.com/

Description: Danone SA, headquartered in Paris, France, is a prominent player in the Consumer Goods industry. With a history dating back to 1919, the company has established itself as a leading global provider of food and beverage products. Danone operates in various segments within the industry, including dairy products, early life nutrition, waters, and medical nutrition. The company's diverse portfolio includes popular brands like Activia, Evian, Aptamil, and Nutricia. With approximately 100,000 employees, Danone generates impressive annual revenue of around 25 billion US dollars. Committed to promoting health and sustainability, Danone continues to innovate and provide quality products to consumers worldwide.

#9 Mondelez International Inc

Mondelez International Inc

Employees: 80K

Revenue: 26B$

Website: https://www.mondelezinternational.com

Description: Mondelez International Inc, headquartered in Deerfield, United States, is a leading player in the Consumer Goods industry. Founded in 2012, the company employs approximately 80,000 employees worldwide. With a revenue of 26 billion US dollars, Mondelez International operates in various segments of the consumer goods market, including snacks, confectionery, and beverages. The company is known for its iconic brands such as Oreo, Cadbury, Toblerone, and Trident. Mondelez International has a strong global presence and continues to innovate and introduce new products to meet the evolving consumer preferences. With its extensive distribution network, the company reaches millions of consumers across the globe, offering a wide range of delicious and high-quality products.

#8 The Kraft Heinz Company

The Kraft Heinz Company

Employees: 40K

Revenue: 26B$

Website: https://www.kraftheinzcompany.com/

Description: The Kraft Heinz Company, headquartered in Chicago, United States, is a leading player in the Consumer Goods industry. Founded in 2015, the company boasts a workforce of approximately 40,000 employees. With annual revenue of 26 billion dollars, Kraft Heinz operates in various sectors of the consumer goods market, including food, beverages, and personal care products. The company's extensive portfolio consists of globally recognized brands such as Kraft, Heinz, Oscar Mayer, Planters, and Capri Sun. Leveraging its strong brand presence and innovative marketing strategies, Kraft Heinz aims to provide high-quality products that meet the evolving needs and preferences of consumers worldwide.

#7 The Coca-Cola Co

The Coca-Cola Co

Employees: 86K

Revenue: 33.0B$

Website: https://www.coca-colacompany.com/

Description: The Coca-Cola Co is a global leader in the Consumer Goods industry. Headquartered in Atlanta, United States, the company was founded in 1892. With approximately 86,000 employees, Coca-Cola operates in over 200 countries, offering a diverse range of non-alcoholic beverages including carbonated soft drinks, juices, sports drinks, and energy drinks. The company's iconic flagship brand, Coca-Cola, is recognized worldwide. Coca-Cola's success is attributed to its strong brand portfolio, extensive distribution network, and continuous innovation in response to changing consumer preferences. In 2020, the company generated a revenue of 33.0 billion dollars, making it one of the largest players in the consumer goods market.

#6 L'Oreal SA

L'Oreal SA

Employees: 88K

Revenue: 33.3B$

Website: https://www.loreal.com/

Description: L'Oreal SA, headquartered in Clichy, France, is a leading company in the Consumer Goods industry. Founded in 1909, L'Oreal has become a global leader in beauty and personal care products. With a workforce of approximately 88,000 employees, the company operates in various segments such as skincare, haircare, makeup, and fragrance. L'Oreal's extensive portfolio includes popular brands like LancĂ´me, Maybelline, Garnier, and Kiehl's, catering to diverse consumer needs. The company's revenue stands at an impressive 33.3 billion dollars, solidifying its position as a major player in the industry. L'Oreal continues to innovate and invest in research and development to deliver high-quality products to consumers worldwide.

#5 Unilever NV

Unilever NV

Employees: 155K

Revenue: 52B$

Website: https://www.unilever.com

Description: Unilever NV, headquartered in Rotterdam, Netherlands, is a leading player in the Consumer Goods industry. With a history dating back to 1929, the company has established itself as a global powerhouse in the sector. Unilever NV operates in various segments of the consumer goods market, including food and beverages, personal care products, cleaning agents, and more. The company boasts a diverse portfolio of well-known brands like Dove, Knorr, Lipton, and Hellmann's, catering to the needs and preferences of consumers worldwide. With a workforce of approximately 155,000 employees, Unilever NV generates impressive annual revenue of around 52 billion US dollars, making it a key player in the global consumer goods market.

#4 PepsiCo Inc

Coming Soon

Employees: 267K

Revenue: 70B$

Website: https://www.pepsico.com

Description: PepsiCo Inc, headquartered in Purchase, United States, is a leading player in the Consumer Goods industry. Founded in 1965, the company operates globally, with a strong presence in North America. With a workforce of approximately 267,000 employees, PepsiCo generates an annual revenue of around 70 billion USD. The company is known for its diverse portfolio of food and beverage products, including popular brands such as Pepsi, Lay's, Gatorade, Quaker, and Tropicana. PepsiCo's commitment to innovation and sustainability has allowed it to maintain its position as a market leader in the consumer goods sector.

#3 Procter & Gamble Co

Procter & Gamble Co

Employees: 95K

Revenue: 71B$

Website: https://us.pg.com/

Description: Procter & Gamble Co is a leading consumer goods company headquartered in Cincinnati, United States. Founded in 1837, the company has a rich history and a strong presence in the industry. With approximately 95,000 employees, Procter & Gamble Co operates on a global scale, offering a wide range of consumer products. The company's revenue stands at 71 billion US dollars, showcasing its significant market presence and financial success. Procter & Gamble Co is known for its iconic brands and continuous innovation in the consumer goods sector, making it a key player in the industry.

#2 Johnson & Johnson

Johnson & Johnson

Employees: 132K

Revenue: 82B$

Website: https://www.jnj.com

Description: Johnson & Johnson, headquartered in North America, United States, specifically in New Brunswick, operates in the Consumer Goods industry. The company was founded in 1886 and currently employs approximately 132,000 people. With a revenue of 82 billion USD, Johnson & Johnson is a major player in the industry. They are known for their wide range of consumer goods products, including pharmaceuticals, medical devices, and consumer packaged goods. Johnson & Johnson has established itself as a trusted brand, focusing on innovation, quality, and social responsibility. Their website, https://www.jnj.com, provides more information about their products, services, and corporate initiatives.

#1 Nestle SA

Nestle SA

Employees: 291K

Revenue: 92.6B$

Website: https://www.nestle.com/

Description: Nestle SA, headquartered in Vevey, Switzerland, is a leading player in the Consumer Goods industry. Founded in 1866, the company has a long-standing history in the sector. With approximately 291,000 employees worldwide, Nestle operates on a global scale. The company generates significant revenue, amounting to 92.6 billion US dollars. Nestle is known for its diverse portfolio of food and beverage products, ranging from coffee, dairy, confectionery, and pet care. As a major player in the industry, Nestle continues to innovate and adapt to changing consumer preferences, ensuring its presence in households around the world.

Summary

The consumer goods industry is a highly competitive sector, with numerous companies vying for market share and consumer attention. Forbes recently conducted an analysis to identify the top companies in this industry based on various factors such as revenue, market capitalization, and brand recognition. The analysis revealed that the top companies in the consumer goods sub-industry are experiencing significant growth and success.

One unexpected finding from the investigation was the increasing influence of e-commerce on consumer goods companies. With the rise of online shopping, many companies have had to adapt their strategies to meet the changing demands of consumers. This has led to the emergence of new players in the industry and a reshuffling of the rankings.

Among the premier companies in the consumer goods sub-industry are well-known names such as Procter & Gamble, Unilever, Coca-Cola, and Nestle. These companies have established themselves as leaders in their respective markets and have a strong presence both domestically and internationally.

One shared element among these leading firms is their commitment to innovation. They continually invest in research and development to create new and improved products that meet the evolving needs and preferences of consumers. Additionally, these companies have robust distribution networks that allow them to reach a wide customer base and ensure their products are readily available.

What sets these eminent companies apart from their industry rivals is their strong brand recognition and customer loyalty. They have successfully built a reputation for delivering high-quality products that consumers trust and rely on. Furthermore, these companies have implemented effective marketing and advertising strategies to create strong brand identities and connect with their target audience.