Nestlé has been named the world's most valuable food brand, while Coca-Cola continues to top the soft drinks sector, according to the latest Brand Finance Food & Drink 2021 report.
The report found that many of the world's top brands have seen their value decline over the past year, due to the COVID-19 pandemic, with the cumulative brand value of the world's top 25 soft drinks brands falling by 6% to $107.5 billion (€91.8 billion).
In food, the cumulative value of the top brands declined by 4%, while in chocolate, cumulative brand value fell by 3%, according to the report.
