Top 10 most valuable food brands

Chinese dairy brand Yili is the third most valuable food brand in the world, with its brand value surging 43 percent year-on-year to $6.16 billion in 2018, according to British consultancy Brand Finance.

The consultancy said due to rising affluence and improved accessibility of products in China's lower tier cities, the country will surpass the US as the world's largest market for dairy products by 2022.

Let's look at the 10 most valuable food brands.

No 10 S-26 Progress Gold, Switzerland

Brand value: $3.84 billion