Why Freedom of Food Choice is Just An Illusion
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.
The same is true for other product groups like coffee, butter or soda. 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 in an infographic that paints a very grim picture of the food industry today: http://comparisons.financesonline.com/top-grocery-brands-comparison/.
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?
Alex Hillsberg has a keen interest in the stock market, small and medium enterprises and personal finance, pursuing news, stories and issues around these topics for nearly twenty years now. He has written for various financial websites helping average Americans to pursue their financial goals. Visit http://financesonline.com/.