JBS Foods, Tyson Foods, Inc., and Vion Food Group have Dominated the Global Processed Meat in 2022

The Global Processed Meat Market is expected to grow with a CAGR of 5.4% in the forecast period of 2022 to 2029. The years considered for the study are as mentioned below.

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The global processed meat is a highly consolidated market, including a specific number of key players. The market has witnessed increased strategic developments owing to favorable market scenarios.

The major players dealing in global processed meat are introducing a strong range of products provider and launching new products, and adopting strategic initiatives such as acquisition, agreement, business expansion, award, and recognition into the market. This helped companies to maximize sales with an enhanced product portfolio.

For instance,

  • In November 2021, JBS Foods announced to bring cultivated meat to the market till 2024. The company is launching this product with BioTech Foods. This will help the company to attract more customer base and to widen its product portfolio

JBS Foods is the dominating player in global processed meat. Some of the other key players existing in the market are Cargill, Incorporated, Tyson Foods, Inc., Smithfield Foods, Inc., Hormel Foods Corporation, Groupe Bigard, NH Foods Ltd., Louis Dreyfus Company, Tönnies Group, Koch Foods., Gausepohl Fleisch Deutschland GmbH, HKScan, Gruppo Veronesi, TERRENA, Müller Gruppe, OSI Group, Charoen Pokphand Foods PCL., Perdue Farms Inc., Sanderson Farms, Incorporated., National Beef Packing Company L.L.C., Westfleisch SCE mbH, Marfrig, Vion Food Group, Danish Crown A.M.B.A, and The Kraft Heinz Company, among others.

Processed Meat MarketJBS Foods

JBS Foods has headquarters in São Paulo, Brazil, established in 1953. It has public owneeship. The company focuses on food processing and various processed meat products. The business segments of the company are food sector, leather, personal care, and cleaning products, collagen, metal, packaging, casings, biodiesel, transportation, waste management, and recycling. The market-focused segment is the food sector. The product category and market-focused category is processed meat.

For instance,

  • In October 2021, JBS Foods purchased a regional producer Sunnyvalley Smoked Meats of processed meats for $90 million. This has helped the company with regional expansion

The company has a wide presence across North America, South America, Asia-Pacific, Europe, the Middle East and Africa. The company also has various subsidiary companies such as JBS USA (U.S.), Pilgrim's Pride (U.S.), Seara Foods (Brazil), Bertin Ltda. (Brazil), Vivera B.V. (The Netherlands), among others.

Tyson Foods, Inc.

Tyson Foods, Inc. was founded in 1935 and has headquarters in Arkansas, U.S. It has public ownership. The company focuses on the processing and marketing chicken, beef, and pork. The company operates its business via several business segments, including beef, pork, chicken, and prepared foods, which are also the market-focused segment. The product category and market-focused category is processed meat.

For instance,

  • In December 2021, Tyson Foods Inc. announced to spend more than $1.3 billion to increase automation in meat plants over the next three years. This will help the company to grow and to increase the production capacity

The company has a presence across Europe, the Middle East and Africa, South America, North America. The company has various subsidiaries such as Keystone Foods (U.S.), Tyson Fresh Meats Inc (U.S.), Hillshire Brands (U.S.), River Valley Ingredients, LLC (U.S.), Mac Food Services (Malaysia) Sdn. Bhd. (Malaysia), among others.

Vion Food Group

Vion Food Group was founded in 2001 and has headquarters in Boxtel, Netherlands. It has private ownership. The company focuses on providing pork, beef, foodservice and retail, fresh pork, beef, meat products, plant-based alternatives, and by-products for retail, foodservice, and the meat processing industry. The product category and market-focused category is meat processing.

For instance,

  • In January 2021, Vion Food Group announced that it would acquire Adriaens, a beef producer based in Zottegem, Belgium, as Vion Food Group aims to expand its position in the country. With this acquisition, the company will establish a strong supply chain that guarantees quality and transparency in the beef market

The company has a presence across Europe.