2024 Capital Spending Outlook: Budgets of the Top Food & Beverage Companies

April 30, 2024
Food Processing's annual Capital Spending Report looks at the top food and beverage companies and their capital expenditures.

Each year, Food Processing evaluates the largest publicly-traded food and beverage companies and reports on their capital spending. In 2024, we identified more than $21 billion in capital spending budgeted for this year -- below are their budgets. All the columns are adjustable.
This is part of our three-part 2024 Capital Spending Outlook. For the main story click here. For the list of the 53 largest projects, click here.

Learn more: Visit our list of the Top 100 Food & Beverage Companies in the U.S. and Canada

E = Estimated based on forecasts

M = Midpoint of stated range

1 = Figures are for Grupo Bimbo, parent co. of Bimbo Bakeries USA, which ranks No. 16 in our Top 100

2 = Figures are for Kellogg Co., which was spun off into Kellanova and WK Kellogg Co in late 2023; and which ranked No. 20 in our Top 100

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