The State of the Global Meat Industry
The global meat industry is a thriving sector that plays a significant role in the global economy. Meat consumption is on the rise worldwide, driven by factors such as population growth, rising incomes, and changing dietary preferences. As a result, the demand for meat products continues to increase, leading to a growing market for meat importers.
According to a recent report by the World Trade Organization (WTO), the global meat trade has been steadily increasing over the past decade. In 2020, the total value of global meat exports reached $95 billion, with the largest exporters being countries such as the United States, Brazil, and Australia.
Top 10 Largest Meat Importing Companies Worldwide
1. Tyson Foods Inc.
2. JBS S.A.
3. Cargill Inc.
4. WH Group Limited
5. BRF S.A.
6. Marfrig Global Foods S.A.
7. NH Foods Ltd.
8. Vion Food Group
9. Danish Crown A/S
10. Sysco Corporation
1. Tyson Foods Inc.
Tyson Foods Inc. is one of the largest meat importing companies in the world, with a focus on poultry, beef, and pork products. The company is based in the United States and has a strong presence in the global meat market. In 2020, Tyson Foods reported total revenues of $42.4 billion, with a significant portion of its revenue coming from meat imports.
2. JBS S.A.
JBS S.A. is a Brazilian multinational company that is one of the largest meat processing companies in the world. The company operates in the beef, pork, and poultry sectors and has a strong international presence. In 2020, JBS reported total revenues of $51.7 billion, with a substantial portion of its revenue coming from meat imports.
3. Cargill Inc.
Cargill Inc. is an American multinational company that is involved in various sectors, including agriculture, food, and meat processing. The company is a major player in the global meat market, with a focus on beef, pork, and poultry products. In 2020, Cargill reported total revenues of $114.6 billion, with a significant portion of its revenue coming from meat imports.
4. WH Group Limited
WH Group Limited is a Chinese multinational company that is one of the largest meat processing companies in the world. The company is primarily focused on pork products and has a strong presence in the global meat market. In 2020, WH Group reported total revenues of $23.1 billion, with a substantial portion of its revenue coming from meat imports.
5. BRF S.A.
BRF S.A. is a Brazilian multinational company that is one of the largest meat processing companies in the world. The company is involved in the production of poultry, pork, and beef products and has a strong international presence. In 2020, BRF reported total revenues of $10.3 billion, with a significant portion of its revenue coming from meat imports.
6. Marfrig Global Foods S.A.
Marfrig Global Foods S.A. is a Brazilian multinational company that is involved in the production and distribution of beef products. The company has a strong presence in the global meat market and is one of the largest beef importers worldwide. In 2020, Marfrig reported total revenues of $11.6 billion, with a substantial portion of its revenue coming from meat imports.
7. NH Foods Ltd.
NH Foods Ltd. is a Japanese multinational company that is involved in the production and distribution of meat products. The company has a strong presence in the global meat market, with a focus on beef, pork, and poultry products. In 2020, NH Foods reported total revenues of $7.8 billion, with a significant portion of its revenue coming from meat imports.
8. Vion Food Group
Vion Food Group is a Dutch multinational company that is one of the largest meat processing companies in Europe. The company is involved in the production of pork, beef, and poultry products and has a strong international presence. In 2020, Vion Food Group reported total revenues of $9.2 billion, with a substantial portion of its revenue coming from meat imports.
9. Danish Crown A/S
Danish Crown A/S is a Danish cooperative company that is one of the largest meat processing companies in Europe. The company is primarily focused on pork products and has a strong presence in the global meat market. In 2020, Danish Crown reported total revenues of $8.7 billion, with a significant portion of its revenue coming from meat imports.
10. Sysco Corporation
Sysco Corporation is an American multinational company that is involved in the distribution of food products, including meat products. The company is one of the largest foodservice distributors in the world and has a strong presence in the global meat market. In 2020, Sysco reported total revenues of $52.9 billion, with a substantial portion of its revenue coming from meat imports.
Overall, the top 10 largest meat importing companies worldwide play a critical role in the global meat industry, driving trade and contributing to the growth of the sector. With the increasing demand for meat products globally, these companies are well-positioned to capitalize on the opportunities presented by the market and continue to expand their presence on a global scale.
