Introduction
The poultry industry is one of the fastest-growing sectors in the food industry, driven by increasing demand for poultry products worldwide. In recent years, many top poultry brands have been expanding through mergers and acquisitions to strengthen their market position, enhance their product offerings, and capitalize on synergies. This report will analyze the top 10 poultry brands that have been actively pursuing mergers and acquisitions to drive growth and competitiveness in the market.
1. Tyson Foods
Tyson Foods is one of the largest poultry brands globally, known for its wide range of poultry products and brands such as Tyson, Hillshire Farm, and Jimmy Dean. In recent years, Tyson Foods has been actively pursuing acquisitions to expand its market presence and diversify its product portfolio. One of the notable acquisitions by Tyson Foods was the purchase of Keystone Foods in 2018 for $2.16 billion, a move that strengthened its position in the global poultry market.
2. Pilgrim’s Pride Corporation
Pilgrim’s Pride Corporation is another major player in the poultry industry, specializing in chicken products. The company has been pursuing mergers and acquisitions to expand its market reach and enhance its operational efficiency. In 2017, Pilgrim’s Pride acquired Moy Park, a leading poultry producer in Europe, for $1.3 billion, allowing the company to access new markets and increase its global presence.
3. Sanderson Farms
Sanderson Farms is a leading poultry brand in the United States, known for its high-quality chicken products. The company has been actively seeking opportunities for mergers and acquisitions to drive growth and innovation. In 2021, Sanderson Farms announced a merger agreement with Cargill and Continental Grain Company, creating a new poultry powerhouse with combined revenues of over $4 billion.
4. Perdue Farms
Perdue Farms is a well-known poultry brand in the United States, offering a variety of chicken products to consumers. The company has a history of strategic acquisitions to expand its market presence and strengthen its product offerings. In 2019, Perdue Farms acquired Panorama Meats, a leading producer of organic, grass-fed beef, to diversify its product portfolio and cater to changing consumer preferences.
5. JBS SA
JBS SA is a global leader in the meat and poultry industry, with operations in multiple countries worldwide. The company has been actively pursuing mergers and acquisitions to expand its market share and increase its competitiveness. In 2020, JBS SA acquired European poultry producer, Pilgrim’s Pride, for $1 billion, a move that allowed the company to strengthen its presence in the European market.
6. Cargill
Cargill is a major player in the poultry industry, known for its diverse portfolio of poultry products and brands. The company has been focusing on strategic acquisitions to drive growth and innovation in the market. In 2018, Cargill acquired Konspol, a leading Polish poultry producer, to enhance its presence in the European market and expand its product offerings to customers.
7. BRF SA
BRF SA is a global poultry brand based in Brazil, known for its high-quality chicken products. The company has been actively pursuing mergers and acquisitions to expand its market presence and drive growth. In 2016, BRF SA acquired Grupo Alimentos, a leading poultry producer in Argentina, to strengthen its position in the South American market and increase its production capacity.
8. Koch Foods
Koch Foods is a prominent poultry brand in the United States, specializing in a wide range of chicken products. The company has been focusing on strategic acquisitions to expand its market reach and enhance its product offerings. In 2019, Koch Foods acquired Claxton Poultry, a leading poultry producer in Georgia, to strengthen its presence in the Southeastern United States and increase its market share.
9. Foster Farms
Foster Farms is a well-known poultry brand in the United States, offering a variety of chicken products to consumers. The company has a history of strategic acquisitions to expand its market presence and diversify its product portfolio. In 2017, Foster Farms acquired Uncle Sam’s, a popular brand of chicken snacks, to tap into the growing demand for convenient and healthy snack options.
10. Maple Leaf Foods
Maple Leaf Foods is a leading poultry brand in Canada, known for its high-quality chicken products and brands. The company has been actively pursuing mergers and acquisitions to expand its market presence and drive growth. In 2020, Maple Leaf Foods acquired Lightlife Foods, a plant-based protein company, to diversify its product portfolio and cater to the rising demand for vegetarian and vegan food options.
Overall, the top 10 poultry brands discussed in this report have been actively pursuing mergers and acquisitions to strengthen their market positions, enhance their product offerings, and capitalize on synergies. These strategic moves have allowed these companies to expand their global reach, increase their competitiveness, and drive growth in the highly competitive poultry industry.