The Del Monte, formally known as Fresh Del Monte Produce Inc, has been a synonym for premium quality processed food since its debut in 1886. For generations, the company has committed to the quality and earned a global reputation. Del Monte has its headquarters at California, United States and had net revenue of 4 Billion.
In any business, there are several companies & brands which compete with each other by offering similar products & services.
For any company to thrive, it is not only important for them to improve their own products, but to also look at what their competitor is offering.
Below we look at the top 6 competitors of Del Monte.
Founded in 1911 by Frank C Mars, since then the company is making chocolate confectioneries. Mars is a family owned business with more that one hundred thousand active associates over eighty countries. Since the inception, the company has remained the family-owned business with the dedicated associates who are guided by the five principles of the company: Responsibility, Mutuality, Freedom, Quality, and Efficiency.
Nestle – largest food company in terms of revenue is based out of Vaud, Switzerland. It has a wide range of product line such baby foods, coffee, tea, dairy products, Maggi and many more. It has presence in 194 countries having approximate 450 factories with a head count of 339,000 people.
ConAgra Foods is one of the biggest competitors of Del Monte.
Unilever is one of the biggest FMCG (fast moving consumer goods) company in the world. It is a British-Dutch company co headquartered in Rotterdam and London. Unilever has more than 400 brands and operates in more than 190 countries with a turnover of €50+ billion.
Pepsi Co, being a huge company has a lot of brands under its hat. There are various products of Pepsi Co, like Pepsi, Mountain Dew, Lays, Tropicana beverages, 7Ups, Cheetos, Lipton Tea, Aquafina, etc. Pepsi are mainly targeting the food and beverages market.
6. Coca Cola:
Coca Cola is a carbonated soft drink produced by Coca Cola company. It has a diverse product portfolio in the beverage industry. Coca Cola was founded in May,1886.
To conclude, the above article highlights the various competitors which compete with Del Monte. This understanding helps to evaluate the various external business factors for any company.
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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