Saturday, 30 July 2016

This Infographic Depicts That Only 10 Companies Rule The Food Market In The World



You must have seen a diverse range of food products from different brands kept in the aisles of supermarkets but the reality is quite different. There are only 10 companies that own all the food brands in the world. 

80-20 is a thumb rule which states that 80% of outcomes can be attributed to 20% causes of the given event. This Pareto principle holds true for the condition of world's food market. 80% of the food market is full of products that belong to 10 famous brands which rule the world. 

Scroll down to know the name of those biggies and the various reasons behind their dominance in the food market.

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Believe it or not! Your shopping carts possess the products belonging to only 10 major companies in the world. 
Oxfam International came forward for the visual elucidation of this point. 
This comprehensive infographic discloses the extensive reach of the 10 big food and beverage companies in the market. 
Nestle, PepsiCo, General Mills, Kellogg's, Associated British Foods, Mondelez, Mars, Danone, Unilever and Coca-Cola own the maximum products in the food market.
Due to the ignorance of the ties between various brands, people are unable to understand the operations of the American food system. 
For example: People think that Pineapple Fanta is sourced from the legendary Fanta Islands but actually it is canned alongside Barq's root beer at the Coca-Cola factory. 
Massive corporations create obstacles for startups and small businesses to compete in the market. 
However, you can indirectly contribute in the avoidance of the Big 10 companies to suppress their dominance.
Instead of shopping at supermarkets, buy the local food products at local farmers' markets. This will not only help in the emergence of new companies but will also keep you healthy as you'll skip buying soft drinks and highly processed foods.
According to Oxfam's report, "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."
Share this information with your friends and family.