This is not an easy task to develop the name of the company in the food sector. Customers love delicious and quality food, but everything else, there are always different tastes of people. This is making it difficult to improve the brand image because a big brand name means that a huge quantity of customers are liking the food products of the company. Food is an important component of the existence of humans in this world. All individuals are hedonists and want to enjoy quality foods, drinks, and meals. At present, food companies are even offering the option of food delivery which is preferred by many of us. Here, we are going to share information regarding the 5 Largest Food Companies as shared by Insider Monkey.
Let’s begin with the list without any further delay. The first company we are highlighting is CHS Inc. which is in the ownership of UN agricultural farmers, companies, ranchers, and a number of stockholders. The company is located in Inver Grove Heights, Minnesota. The company is engaged in the processes related to the processing of various food products and wholesale, Cenex brand fuel, farm supply, retail businesses, and financial services, and is being co-owned by a vegetable oil processing company known as Ventura Foods. CHS was started in 1931. Jay Debertin is the CEO of the company. There are approximately 11,000 employees working in the company. In the FY2020, the company has reported consolidated annual revenues of around $28.4 billion.
The next biggest food company on the list is a Brazilian company known as JBS S.A. which is considered as the biggest meat processing company in terms of its sales. This company was started by Jose Batista in 1953. The company is involved in the processing of chicken, lamb, beef, and also producing convenience and value-added food products. The company is currently involved in the business segments which involve Chicken USA, Beef USA, Seara, Brazil, and some others. The headquarter of the company is located in Sao Paulo, Brazil. There are more than 150 plants of the company all over the world as per the reports of 2017. Gilberto Tomazoni is the CEO of the firm and Jeremiah O’Callaghan is the chairman of the food company. There are more than 242,000 people employed by JBS S.A. According to the FY2020, the total revenues reported by the company are $51.7 billion. The list is long, which can be read directly at 15 Biggest Food Companies In The World.