The food and beverage manufacturing industry in the United States is made of up of a small number of huge, diversified companies such as Tyson Foods, PepsiCo, and Nestle (“Top 100 2016”) and a large number of much smaller players. According to the 2012 U.S. Economic Census, the 50 largest food manufacturers in the United States accounted for more than half of all food manufacturing value creation. Not surprisingly, the large manufacturers enjoy significant efficiencies of scale, keeping food prices low.
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