Nestlé

Year Founded : 1866 Industry : Food and beverages

Nestlé has more than 2,000 brands and is present in 186 countries . Brands include baby foods ( Cerelac and Gerber ), bottled water ( Perrier and San Pellegrino ), breakfast cereals ( Cheerios ), chocolate and confectionery , coffee , dairy and drinks .

Nestlé started life as the Swiss Condensed Milk Company . Henri Nestlé developed infant food in 1867 , and in 1905 his company merged with Anglo- Swiss , to form what is now known as the Nestlé Group .

The Nestlé Group ' s net profits rose from US $ 7bn in 2017 to roughly $ 12.7bn in

2020 . The pandemic did not overly affect Nestlé . In lockdown , people bought more packaged foods and also pet products , which increased the company ' s sales .

PepsiCo

Year Founded : 1965 Industry : Food , snacks , beverages

Pepsi ’ s roots go back to 1898 , when Caleb Bradham , an entrepreneur from North Carolina , created Pepsi-Cola and began offering it to his pharmacy customers .

In 1965 , Pepsi-Cola CEO Donald Kendall and Herman Lay , CEO of Frito- Lay , formed a single company , delivering salty snacks served alongside a sweet cola . Their vision led to what became one of the world ' s leading food and beverage companies : PepsiCo .

PepsiCo products are consumed more than one billion times a day in 200 countries and territories . PepsiCo generated $ 70 billion in net revenue in 2020 , from a food and beverage portfolio that includes Frito-Lay , Gatorade , Pepsi- Cola , Quaker , Tropicana and SodaStream .

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