Major Produce Companies Food

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WORLD'S BIGGEST FOOD COMPANIES: TOP TEN BY REVENUE
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From foodprocessing-technology.com
  • Cargill – $113.5bn. Cargill’s net revenues declined by 1% to $113.5bn in 2019 compared with the previous year, due to a challenging business environment and adverse weather conditions throughout the year.
  • Archer Daniels Midland (ADM) Company – $64.65bn. Multiple factors, including adverse weather conditions in the US, African Swine Fever, and the US-China trade dispute, significantly impacted Archer Daniels Midland’s 2019 performance, resulting in just 0.4% revenue growth compared with the preceding year.
  • Nestle – $63.8bn. Nestlereported organic growth of 3.5% in 2019, attributed to the strong momentum in the US and performance of Purina PetCare, Nestle’s pet foodcompany, worldwide.
  • Sysco Corporation – $60.1bn. The net sales of Sysco Corporationincreased by 2.4% to $60.1bn in 2019, aided by a 4.2% increase in sales of the US foodservice operations, while international sales declined by 0.2% compared to the prior year.
  • JBS – $51.7bn. The net revenue of JBS climbed by 12.6% to $51.7bn in 2019 compared with the previous year, attributed to strong demand from China. Beef and lamb exports from Australia to China increased by 80%, while the US pork export volume to China increased by 10% in 2019.


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