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Top Players in the Meat Market

The global meat market exhibited moderate growth during 2016-2021. As per the analysis by the IMARC Group, the meat industry is experiencing an accelerating consumer demand. This, in turn, has led key players to perform extensive research and development (R&D) activities and adopt new processing technologies and ingredient systems, such as pacscalization and direct genetic manipulation by engineering genetically modified animals, to increase the production efficiency, while limiting the greenhouse gas (GHG) emissions. In addition to this, concerns regarding product safety are also being tackled by increasing the co-operation between farmers, livestock market operators, feed manufacturers, meat inspection services, veterinarians, food technologists, and epidemiology specialists, which is ensuring the application of effective control measurements at all stages of the production chain. In line with this, the rising health consciousness amongst consumers is also facilitating the demand for healthier meat products with lower sodium, cholesterol, and fat contents. This has prompted key players to develop new products with altered and novel formulations, such as using innovative microbial and plant or animal enzymes, replacing sodium chloride with potassium chloride, adding flavor enhancers, and incorporating conjugated linoleic acids (CLAs), which is also aiding in improving the meat texture. Moreover, leading players are applying high pressured, electrolyzed oxidizing water in combination with antimicrobials, irradiation, and surface sanitizers, to improve the shelf life and maintain the quality of meats and meat-derived products. Besides this, manufacturers are adopting advanced, automatic tools and machinery that can be integrated into new processing schemes for faster and safer operations. Packaging applications by using nanotechnology is another emerging trend that uses gold nano particles and sensors incorporated with enzymes for gas sensing, microbial detection, and meat product spoilage indications. Looking forward, the market is expected to grow at a CAGR of around 4.80% during 2021-2026.

meat companies

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Top Meat Companies in the World:

BRF S.A.

Establishment: 1934 
Headquarter: Brazil
Website: https://brf-me.com

BRF, formed through the merger between Sadia and Perdigao in 2013, is one of the leading food processor companies in Latin America. The company is engaged in the production and distribution of fresh and frozen meat products, including chicken, beef, turkey, frozen prepared entrees, portioned products, and specialty meats. It also offers butter, margarine, cream cheese, sandwiches, animal feed, and plant-based products. These goods are sold under several brands, such as Perdigao, Chester, Sadia, Qualy, and Perdix. BRF primarily functions through the Brazil, International, and other business segments. Vertically integrated, the organization operates its own animal-feed units, farms, slaughterhouses, incubators, and processing plants.

Cargill, Incorporated 

Establishment: 1865 
Headquarter: Minnesota, United States
Website: https://www.cargill.co.in

Cargill, Inc. is a privately held producer and marketer of food and agricultural, financial, and industrial goods and services. The company operates through animal nutrition and protein, food ingredients and applications, origination and processing, and industrial and financial services segments. Some of Cargill’s major businesses are trading, purchasing, and distributing energy, feed, and agricultural commodities. Cargill markets these products under Nature Fresh, Gemini, Sweeker, Rath, Sunflower, Provimi, Purina, Citura, and Cargill brands. Apart from this, the company provides farmer services, risk management solutions, animal nutrition, biofuels, and other industrial products. 

Clemens Food Group

Establishment:1895
Headquarter: United States 
Website: https://www.clemensfoodgroup.com

Clemens Food Group is a family-owned, vertically coordinated company that provides hog farming and pork goods production, logistics, and transportation services for the retail, foodservice, and manufacturing sectors. Its diverse product portfolio includes bacon, scrapple, deli ham, pork tenderloin, and breakfast and specialty sausages. Some of its prominent brands include Hatfield Quality Meats, Nick’s Sausage Company, Prima Porta, Butcher Wagon, Red’s Legendary. PV Transport, CFC Logistics, and Clemens Development. The company primarily sells its products through grocers in the northeastern and mid-Atlantic regions of the United Sates.

Conagra Brands Inc.

Establishment: 1919
Headquarter: United States
Website: https://conagrabrands.com

Conagra Brands Inc. is a US-based holding company that manufactures and markets processed and packaged goods for retail consumers, restaurants, institutions, and other foodservice suppliers. Grocery and Snacks, Refrigerated and Frozen, International, and Foodservice are its main business units. The company offers snacks, meals, entrees, condiments, specialty potatoes, milled grain ingredients, meat, and dehydrated vegetables and seasoning. These products are sold through grocery stores, mass merchandise, and club stores under several brands, such as Banquet, Birds Eye, Vlasic, Slim Jim, Reddi-Wip, Duke’s, Earth Balance, BOOMCHICKAPOP, Angie’s, Health Choice, and Gardein amongst others.

Hormel Foods Corporation

Establishment:1891
Headquarter: Minnesota, United States
Website: https://www.hormelfoods.com

Hormel Foods Corporation (HRL) is involved in the production of consumer-branded meat and poultry products. It operates through the Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International and Other business units. Under these segments, the company offers various perishable and shelf-stable products, which include fresh meats, frozen items, sausages, hams, refrigerated meal solutions, guacamoles, canned luncheon meats, nuts, and stews. HRL is also engaged in the marketing, processing, and sale of branded and unbranded pork, poultry, turkey, supplements, and nutritional food products. It primarily sells these items under the Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, Hormel Natural Choice, Herdez, and Columbus brands via sales personnel, distributors, and independent brokers.

JBS S.A.

Establishment: 1953
Headquarter: Brazil 
Website: https://jbs.com.br

JBS S.A. is engaged in the processing and exporting of animal protein products, such as beef, pork, lamb, and chicken. Its diverse product portfolio includes fresh and frozen meats, prepared meals, convenience food items, and dairy and value-added food products. The company also sells collagen, hygiene and cleaning products, metal packaging, natural casings for cold nuts, leather, packaging, transportation, biodiesel, and waste management solutions that promote sustainability along the entire business value chain. These activities are primarily divided into five business segments, namely Brazil, Seara, JBS USA Beef, JBS USA Pork, and PPC. JBS’s brands include Seara, Pilgrim’s, Gold Kist Farms, Cabana Las Lilas, Friboi, Maturatta, Seift, and Primo amongst others.

NH Foods Ltd.

Establishment: 1949
Headquarter: Japan
Website: https://www.nipponham.co

Nippon Ham (NH Foods) is a food processing conglomerate that produces, sells, and provides packaging services for beef, pork, ham, sausages, and dairy products. The company mainly functions through the processing, meat, associated company, and overseas business segments. The processing segment produces and sells sausages, hams, and other processed meat food items, whereas the meat segment is involved in the breeding of cattle, pigs, and broilers. On the other hand, the last two units are engaged in the production and marketing of dairy and aquatic products and overlooking the management of its subsidiaries.

Sysco Corporation

Establishment:1969
Headquarter: United States
Website: https://www.sysco.com

Systems and Services Company (Sysco Corporation) primarily markets and distributes food products to foodservice industry. Some of its products include meat, seafood, fruits, vegetables, canned foods, dairy items, and beverages. The company also sells various non-food items, such as personal care amenities, housekeeping supplies, kitchen equipment, and textile, to hospitals, schools, hotels, and industrial caterers. Sysco functions in the US Foodservice Operations, International Food service Operations, SYGMA, and other segments. Besides this, in 2019, the organization acquired three major companies, namely Armstrong Produce, J. Kings Food Service Professionals, and Kula Produce.

Tyson Foods

Establishment: 1935
Headquarter: United States
Website: https://www.tysonfoods.com

Tyson Foods is engaged in the production of processed foods with its integrated operations consisting of contract farmers, breeding stock, feed production, processing, marketing, and transportation of chicken and meat-related products. The company operates through the Chicken, Beef, Pork, and Prepared food segments. Amongst these, the chicken unit involves all the domestic operations related to raising and processing chicken inro fresh, frozen, and value-added products. The beef and pork segments oversee stages related to processing live fed cattle and market hogs and putting together dressed beef and pork carcasses into meat cuts and case-ready items. In addition to this, the prepared food unit manufactures and sells frozen food products and logistics services to grocery retailers, meat distributors, military commissaries, industrial food processing companies, distributors, and chain restaurants. Apart from this, Tyson encompasses numerous brands under its umbrella, such as Jimmy Dean, Hillshire Farm, Wright, Ball Park, and State Fair.

WH Group

Establishment: 1958
Headquarter: Hong Kong
Website: http://www.wh-group.com

WH Group is a publicly traded, China-based multinational meat and food processing company that is headquartered in Hong Kong. Its activities primarily involve a line of consolidated pork business, including hog production, hog slaughtering and processing, packaged meat, and the distribution of fresh pork. In addition to this, the company is engaged in the manufacturing and sale of packaging materials, production of flavoring ingredients, formulating biological pharmaceutical materials, and providing logistic services. WH, along with its subsidiaries, operates through the Packaged Meats, Fresh Pork, and Other segments. Some of its brands include Smithfield, Eckrich, Gwaltney, John Morrel, and Farmland.

 

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