There are many companies in the Consumer Non-durables Field. The benefits of these companies to the economy are vast. This sector is responsible for generating millions of jobs, producing valuable export products, and driving innovation.
The non-durable goods sector is a major employer in the United States. Jobs in this sector are spread across many occupations, from engineers to scientists.
The industry is also a key exporter of products around the world. Leading exports include food, pharmaceuticals, plastics, and textiles. These products are sold worldwide, helping to support economic growth in countries around the globe.
More so, the industry drives innovation in several key areas. This sector is at the forefront of developing new materials and products that improve our quality of life.
This article discusses some of the companies in this industry, their founder, headquarters, and the services they render.
Few Companies In The Industry
Unilever
Unilever is a multinational corporation that owns many well-known brands, including Dove soap, Lipton tea, Ben & Jerry’s ice cream, Hellmann’s mayonnaise, Knorr soup, Magnum ice cream, and Lynx deodorant, and Vaseline.
Unilever was founded in
2 September 1929 in England and has since expanded globally.
Founder
Unilever was formed as a merger between
Lever Brothers branch:
William Lever,
James Darcy Lever
Margarine Unie line:
Samuel van den Bergh
Johann Schicht
Location
The company is headquartered in
London, England
Market Capitalization
The market capitalization of Unilever is estimated to be $124.49 Billion as of 2022. It is considered the 93rd most valuable company in the world.
Average Number Of Employees
Approximately 148,000 employees are working for Unilever as of 2021
Services
Unilever is a multinational corporation that produces consumer goods, including soap, shampoo, toothpaste, and household products.
Procter & Gamble
Procter & Gamble is a multinational company that sells consumer goods worldwide. Products include Pampers diapers, Tide laundry detergent, Head & Shoulders shampoo, and toothbrushes.
Founder
The company was founded by William Procter and James Gamble in Cincinnati, Ohio, in 1837
Location
The company is Headquartered In Cincinnati, Ohio, US.
Market Capitalization
The market capitalization of Procter and Gamble is estimated to be $346.14 Billion as of 2022. It is considered the 17th most valuable company in the world.
Average Number Of Employees
As of 2021, approximately 101,000 employees are working in Procter and Gamble.
Services
The products of the company range from soap to pet food to household cleaning supplies. In addition to being a manufacturer, Procter & Gamble is also a marketer of its brand name products.
Nestle
Nestle is a multinational food and beverage company. Its products include:
- Kit Kat chocolate bars.
- Nescafe coffee.
- Gerber baby foods.
- Lean Cuisine frozen meals.
- Maggi instant noodles.
Founder
The company was founded in 1866 by Henri Nestlé.
Location
The company is headquartered in Vevey, Vaud, Switzerland.
Market Capitalization
The market capitalization of Nestle is estimated to be $335.61 Billion as of 2022. It is considered the 18th most valuable company in the world.
Average Number Of Employees
As of 2021, there are only 276,000 employees in the company.
Services
In the company’s early days, Nestlé focused on selling milk and baby formula.
Nestlé sells a wide range of products and services, including pet care, coffee, tea, ice cream, chocolate, confectionery, bottled water, nutrition drinks, sauces, breakfast cereals, pasta, rice, soup, and many others.
Mars Incorporated
Mars Incorporated is a global food and beverage company based out of McLean, Virginia. It produces M&M’s candies, Snickers candy bars, Milky Way chocolates, Twix cookies, and Skittles sweets.
Founder
Mars Incorporated was founded in 1911 by Franklin Clarence Mars.
Location
The company is headquartered at 6885 Elm Street, McLean, Virginia, United States.
Market Capitalization
The market capitalization of Mars Incorporated is estimated to be $297.539M as of 2022.
Average Number Of Employees
As of 2021, there are 130,000 employees in the company.
Services
The company’s products include M&M’s candies, Snickers, Milky Way, Twix, Dove bars, Skittles, and many others.
Colgate Palmolive Company
Colgate Palmolive is a global manufacturer and marketer of personal care products. These products include Dawn dishwashing liquid, Ivory soap, Palmolive dishwashing liquids, and Palmolive hand soap.
Founder
The company was Founded in 1806, by
Burdett J. Johnson
William J. Peet and Robert Peet
Location
The company is headquartered at 300 Park Avenue, New York, United States.
Market Capitalization
The market capitalization of Colgate Palmolive is estimated to be $65.99 Billion as of 2022. It is considered to be the 211th most valuable company in the world.
Average Number Of Employees
As of 2021, there are 33,800 employees in the company.
Services
Colgate Palmolive produces toothpaste, mouthwashes, shampoos, and deodorants.
General Mills
General Mills produces branded food products. Its brands include Cheerios cereal, Yoplait yogurt, Nature Valley granola bars, Betty Crocker cake mixes, and Hamburger Helper boxed dinners.
Founder
The company was founded by
Cadwallader C. Washburn, John Crosby, and James Ford Bell in 1866.
Location
The company is headquartered in Golden Valley, Minnesota, United States.
Market value
The market capitalization of General Mills is estimated to be $44.08 Billion as of 2022. It is considered to be the 367th most valuable company in the world.
Average Number Of Employees
As of 2021, about 35,000 employees work in the company.
Services
The company produces various breakfast
cereals, snacks, and baked goods.
Conclusion
Consumer non-durables companies ensure the availability of products that consumers use and want daily.
People consume these products every day, generating high sales for these companies.
We hope this article helps analyze some of the companies in the industry.
