There are the 5 Biggest livestock companies in the world based on the published annual reports of respective companies in 2019. Certainly, they are the giant players and market leaders in the Livestock Industry in this era. Based on Economical achievement, Of course, the sales turnover and the earned profits have reached Billion Dollar. They lead from their competitors at this time.
Rank of The Livestock Company Based on Economic Performance in 2019
|Rank||Name of Company||Revenue||Profit|
|in 2019||in 2019|
|(US Dollar)||(US Dollar)|
|1||Cargil||113, 5 Billion||2,82 Billion|
|2||Tyson Food||42,4 Billion||1,93 Billion|
|3||New Hope||12,3 Billion||929 Million|
|4||CP Group||17,7 Billion||803 Million|
|5||Land O Lakes||14 Billion||207 Million|
Source : Annual Report, 2019
Globally some of their products Spread over the world massively. Some people, especially cattleman, may be familiar with the products that company produce. Here are ranks of the 5 biggest companies in the field of livestock based on the performance of the respective company’s annual report in 2019.
Cargill is the largest multinational livestock company in the world Coming from the United States of America (USA). This company was founded in 1865 by William Wallace Cargill. Hitherto the company still headquartered in Wilmington, Delaware State, and Minnetonka, State of Minnesota. In de jure aspects this company is still fully owned by the Cargill Family with a share ownership percentage up to 88%.
This company combines long experience, technology, and new insights in its efforts to build its business. This company has developed into the giant one. It spread over 125 countries with 155 thousand employees and had 155 years of experience. In 2019, this company generated revenue of 113.5 billion US Dollars and the generated profit reached 2.82 billion US dollars. This performance has made Cargill the strongest company in the world in the livestock industry.
2. Tyson Food Inc
This one is United States of America (USA) multinational company headquartered in Springdale, Arkansas founded by John W. Tyson in 1935. This company processes and markets chicken, beef, and pork in the United States and annually exports large quantities of beef outside the United States of America (USA). In the USA, this company has several processed meat products, namely the Tyson®, Jimmy Dean®, Hillshire Farm®, BallPark®, and State Fair® brands.
Along with the advancement of the company, the total number of employees of this company has reached 141,000 worldwide. This company also supplies the chicken that they produce to well-known companies, namely Yum! A brand that has leading restaurant chains such as KFC, Taco Bell, McDonald’s, Burger King, Wendy’s, Wal-Mart, Kroger, IGA, and Beef O’Brady’s. Until 2019, based on published financial reports, this company generated revenues up to 42.4 billion US dollars and the earned profit reached 1.93 billion US dollars.
3.New Hope Grup
New Hope Group is a multinational livestock company coming from China founded in 1982 by Yonghao Liu, a leading private entrepreneur from China. The development of this company is getting faster along with the reform and openness of China during Deng Xiaoping’s prime minister. Over the past three decades, New Hope Group has remained among China’s top companies for 17 consecutive years. Until now, this company is still headquartered in Chengdu, China.
As the company’s business grows, New Hope Group now has more than 600 subsidiary companies in 30 countries, employing more than 100,000 people. Until 2019, the company’s assets continued to grow and reached more than 200 billion yuan while annual revenue reached more than 160 billion Yuan. By leveraging its resources and expertise, New Hope Group continues to expand its business units, not only feed production but also agricultural technology, food processing, construction, real estate, and tourism.
New Hope Group began expanding outside of China and established its first overseas factory in Vietnam in 1999. During its quest for global expansion in the past two decades, New Hope Group has established ongoing partnerships with well-known international companies and institutions such as Mitsui & Co, Cargill, and IFC. In 2019, this company recorded a brilliant performance with revenue generated reaching 12.3 billion US dollars and the profit generated reached 929 million US dollars.
4. Charoen Pokphand Grup (CP Grup)
Charoen Pokphand is a multinational livestock company based in Thailand. The company was founded in 1921 by Chia Exchor and Chia Seow Nooy, immigrants from Shantou, China who later became Thailand citizens. Initially, this company did buy and selling plant seeds and trading of livestock. As the company’s business grows, Charoen Pokphand continues to expand its business in the fields of animal feed production, upstream and downstream livestock trading. Until 2020, this company is considered as one of the big players in the feed of poultry, pigs, ruminants, and several other livestock. From year to year, this company has also opened branch offices in various countries in the world such as Mexico, Taiwan, Portugal, China, Indonesia, Turkey, and the United States with total employees currently reaching ± 360,000 people. In 2019, accumulatively, the company’s global revenue reached the US $ 17.7 billion and the profit generated reached US $ 803 million.
5. Land O’ Lakes
Lank O ‘Lakes is a livestock company owned by a livestock cooperative. This cooperative is headquartered in the Arden Hills, Minnesota, United States, whose members come from breeders in the United States. Land O ‘Lakes has 1,959 members who all of them are dairy cattle producers/breeders and this cooperative also employs around 10,000 employees who are tasked with processing and distributing its products to around 300,000 cooperative partners. Apart from that, in terms of business, this cooperative also has animal feed products which are well-known products in the United States namely the brands Purina Animal Nutrition, Mazuri, and O’Lakes Feed. In 2019, based on data from the company’s Annual Report, its revenue reached the US $ 14 billion and the generated profit reached the US $ 207 million
Cargill. 2020. Annual Report 2020. Retrieved from https://www.cargill.com/page/annual-report-2020 accessed December 25, 2020
Tyson Food. 2020. Annual Report 2019. Retrieved from https://ir.tyson.com/reports/annual-reports/default.aspx accessed 26 Desember 2020
Charoen Pokphand. 2020. Annual Report 2019. Retrieved from https://www.cpfworldwide.com/en/investors/annual accessed 25 Desember 2020.
New Hope Grup. 2020. New Hope Liuhe Co,. Ltd Disclosure Statement of the English Version Annual Report. Retrieved from https://pdf.dfcfw.com/pdf/H2_AN202005151379793650_1.pdf accessed 22 Desember 2020.
Land O’ Lakes. 2020. Annual Report 2019. Retrieved from https://www.landolakesinc.com/Investors accessed 22 Desember 2020