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30 Sep 2024 21:26

Advertising & Marketing

Top 100 US Brands Are Worth More Than the GDP of Germany

Totaling $3.81 Trillion in Value, the BrandZ™ Top 100 US Brands Are Worth More Than the GDP of Germany, the Fourth Largest Economy in the World.

The BrandZ US Top 100 grew 21% over the last three years, faster than any other market

Amazon is the most valuable brand in BrandZ history, worth more than a third of a trillion dollars

Instagram is the fastest riser, almost doubling in value to climb 22 places in the ranking

UnitedHealthcare, Aetna, Airbnb and Taco Bell are newcomers to the Top 100 this year

New York, US – The ability to offer consumers something they can’t get anywhere else has enabled US brands to grow their value far ahead of brands in other markets, according to the third annual BrandZ™ Top 100 US Most Valuable Brands ranking, announced today by WPP and Kantar. The total value of the brands in the Top 100 has risen 5% in the last year to $3.81 trillion, growing at twice the rate of the US GDP.

Thriving in uncertain times: Altogether, 54 of the listed US Top 100 brands have climbed in value over the past two years, by an average of +39%. The brands in the ranking are consistently strong, with 88 brands that were in the Top 100 in 2018 still listed today. The brands which consumers see as the most ‘meaningfully different’ (defined as truly meeting consumers’ needs in a way that makes their lives better) have grown their value 44% faster since 2018 than the least meaningfully different brands.

Amazon is the new no.1: Up 20% in brand value and leapfrogging Google (no.3, $303.22bn) and Apple (no.2, $303.38bn), Amazon is now worth more than a third of a trillion dollars ($334.65bn), the most of any brand in BrandZ history.

Fastest risers:Instagram (no.31, $28.88bn) grew 98% in brand value, followed by Pinterest (+45%), Salesforce (+40%), Chipotle (+33%), and Cisco (31%). Chipotle, the only non-tech brand in this group, rapidly returned to form through heavy innovation in food, delivery and digital ordering following the issues it experienced back in 2015. Successful innovations include Lifestyle Bowls that cater to specialized diets, in-store kiosks and a partnership with DoorDash.

David Roth, Chairman of BrandZ says: “With exemplary growth over the last three years and the variety of industries represented in the ranking, American brands are true global leaders. These brands are primed for continued growth, and even as economic headwinds mount, they are likely to weather the storm better than most.”

Reed Cundiff, CEO Kantar North America says: “Back in 2017, the high meaningful difference scores of this year’s fastest risers gave us early signs of their future success. Today, they are defined by their difference, purpose and innovation credentials. These brands fulfill people’s needs by innovating to create new categories and clearly delineating their offerings from those of their competitors.”

The brands in the US Top 100 come from 22 different categories, creating a diverse landscape which indicates that nearly any kind of company can build a strong brand in the US. Technology once again dominates, with 18 brands, worth $1.4 trillion, contributing 37% of the total value. The 11 brands in the retail category grew 15% to $517 billion, 13.5% of the total value.

Other highlights of the third annual BrandZ Top 100 US Most Valuable Brands ranking include:

Brand building continues to be an excellent investment in the US – the BrandZ Top 100 have delivered a 135% higher return than the companies in the S&P 500 since November 2017 – far higher than top brands in any other country.

US brands have a huge presence on the global stage, accounting for more than half of the world’s most valuable brands (54), a number which is at an all-time high.

The US leads all other markets on innovation, with 36% of all US brands ranking highly on this measure. The most innovative brand is Uber, followed by Amazon, Netflix, Disney and FedEx.

Delivering a great customer experience is crucial: According to consumers, Uber, Fedex, Pampers, UPS and Amazon provide the best experience.

It is harder than ever to make it into the US Top 100 – the brand at no.100, Clinique, is worth 46% more than the no.100 brand in 2017.

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