A vast majority of the world's most recognizable food and beverage brands are owned by a small group of massive multinational conglomerates. Corporate giants such as Nestlé, PepsiCo, Unilever, Mondelez International, Mars, and The Coca-Cola Company collectively control hundreds of popular subsidiary brands spanning snacks, dairy, confectionery, and packaged goods. Furthermore, institutional asset management firms and global investment funds hold significant majorities of the equity shares in these publicly traded parent corporations.