TOP 10 FOOD COMPANIES OF INDIA
India is the second-largest producer in the world. According to the InvestIndia report, the food processing industry of India accounts for 32% of the total food market in India. In terms of production, consumption, and exports, the industry holds the fifth position and estimated to be worth USD 121 billion. There are various factors behind this growth like demand, development, time, etc. But the main driving force behind this growth is leading food companies that have created a wonderful milestone in THE field.
Here, we are presenting the list of top 10 food companies of India that have played a prominent role in taking Indian food industry on higher latitude:
- Nestle India Ltd
Established in 1866, Nestle India is one of the top food processing companies in India. It deals in a variety of food products like coffee, water, dairy products; The Company has branches in over 80 countries with four branches in India. Nestle was founded by Henri Nestle and its headquarter is in Switzerland.
- Parle Argo
Parle Argo owns product brands like Frooti, Appy, Bailey, and Coca-Cola. Initially, it was owned by the Chauhan family and later it was divided into three distinct fractions known as Parle Products, Parle Argo, and Parle Bisleri. Parle is one of the highest-grossing companies in the country and is among leading food companies.
An Indian dairy cooperative and the world’s largest producer of milk and milk products Amul was founded in 1946. It is based in Gujarat and managed by the Gujarat Co-operative Milk Marketing Federation Ltd, it is jointly owned by 3 million million milk producers in the state. The firm has annual revenue as high as the US $ 280 billion and it is among the most loved brands of India.
Started in 1892 with an initial investment of just Rs 295, Britannia is presently one of the most famous food companies in the world. There is a wide assortment of products that are leaders in the respective segments they belong to; some famous brands of the company include Britannia Good Day, Britannia Cracker, Britannia Fruit Cakes, Britannia Little Hearts, etc.
One of the major Indian sweets and snacks manufacturing company, Haldiram’s produces over 100 products like frozen meals, sweets, cookies, chips, and other snacks. Besides, the company has a chain of restaurants all across the country. Present days, Haldiram’s has an annual turnover of US $ 590 million and its products are exported to different countries including UAE, US, UK, Sri Lanka and many more.
- Hindustan Unilever
Hindustan Unilever is a subsidiary of the British-Dutch company Unilever. It is based in Mumbai and deals in a wide variety of products in food and beverages. Presently, Hindustan Unilever is one of the largest consumer goods and food companies in the country and flourishing with annual revenue of U. S. $ 4.8 billion.
- Cadbury India Limited
Famous for its multiple products like Dairy Milk, 5 Star, Park, Oreo, Bournvita, Cadbury is among the leading food companies in India. Initially, it was founded in 1824 in the UK and in the year 1948, the company entered the Indian market.
Kissan was established in the year 1935 mainly for the British settlers and later it was taken over by Late Vittal Mallya in 1950. Over the years, the company came up with numerous canned fruits and vegetables, baked beans, and emerged as the first-ever fruit and vegetable brand in India. Today it deals in a variety of products like hams, ketchup, and squashes.
- LT Foods
LT Foods has a strong nationwide distribution network in the domestic market. It sells branded rice, wheat and pulses, healthy snacks, spices and other value-added products like cashew nuts and brown flax seeds. LT Foods launched his flagship brand ‘Dwaat’ in 1908, which is now known as a renowned brand in the industry.
10. Kohinoor Foods
Famous for its finest Basmati Rice, Kohinoor Foods was founded in 1976 by three brothers in Amritsar. Today, the company has an annual revenue of over 1500 crore with more than 200 thousand retail outlets, 100 super distributors and 600 stockists.