Tuesday, May 27, 2014

Shopping Alert - Who Makes Your Food?

Six Giant Food Companies Dominate Grocery Store Categories

When buying soft drinks, which brand do you choose: 7Up, Dr Pepper or Schweppes? It doesn’t matter. Your choice is just an illusion, since you’re still buying from a single company that makes all these brands - Dr Pepper.

Did you know that:

Quaker Oats, which you may view as a healthy food, is produced by PepsiCo, a company which is known for its notorious love for junk food.
91% of the soda market is owned by only Coca-Cola, PepsiCo and Dr Pepper Group?
Nestle is the world’s largest food company and owns almost 8,000 brands?

Web journalist Alex Hillsberg says the same is true for other product groups like coffee, butter or soda. 

Hillsberg has investigated our most popular foods and brands and says, "In the competition for a slice of America’s $603-Billion grocery business there are only 4 big companies that count in each product category."

"We’ve analyzed food reports from US Department of Agriculture and other credible sources and gathered the findings.."  Hillsberg and Financesonline.com has an infographic that paints a very grim picture of the food industry today showing how little choice consumers really have at the grocery store:

http://comparisons.financesonline.com/top-grocery-brands-comparison/.

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