Food and beverage is one of the most defensive sectors in equity markets, combining consumer staples stability with pockets of growth in premium brands and emerging markets. Coca-Cola and PepsiCo dominate global beverages with extensive distribution networks, while Nestle is the world's largest packaged food company by revenue. McDonald's, Starbucks, and Chipotle show how food service brands can generate durable growth by expanding internationally and continuously innovating their menus.
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