MEAT+POULTRY - March 2015 - 16

LEADERS of the PACK
Ranking the industry's top processors
BY K IM BE RL IE C LY M A | KCLY M A @ S O S LA N D. CO M

E

very year, the MEAT+POULTRY special-projects team
sets out to rank the top processors in the meat and
poultry industry (including those with operations
in North America). It is a challenging task requiring
countless hours of emailing, faxing and follow-up phone
calls followed by many hours of compiling and analyzing
the data. The goal of this annual listing is to provide an
overview of the meat and poultry processing industry's
leading companies based on annual sales and to include any
changes resulting from mergers, acquisitions or closures.
Companies featured in this year's Top 100 ranking range
from just more than $37.6 billion in annual sales at the top
of the list (Tyson Foods Inc.) down to $185 million in sales.
The Top 10 spots in the 2015 ranking were occupied by
nine of the same 10 companies as 2014, with most of them
staying in the same ranking positions regardless of sales
increases during the year.
The Top 10 spots belong to Tyson Foods Inc. ($37.6
billion); JBS USA ($30.4 billion); Cargill Meat Solutions ($23
billion); Smithfield Foods Inc. ($14 billion); Sysco Corp.
($12.18 billion); Hormel Foods Corp. ($9.3 billion); ConAgra
Foods Inc. ($8.2 billion); National Beef Packing Co. LLC
($7.4 billion); OSI Group, LLC ($6.13 billion); and Perdue
Inc. ($4.6 billion).
The total sales for all 100 companies in this year's
Top 100 listing represents more than $229.4 billion. Not
surprisingly, 66 percent of those sales come from the Top
10 companies (the combined sales figures equal $152.8
billion). The Top 25 companies' sales total $190.6 billion
(that's 83 percent of the total sales of the Top 100); and the
Top 50 companies make up 93 percent of the Top 100 sales
numbers (totaling $214.4 billion).
Big companies keep growing larger. This was
illustrated in 2014 with Tyson Foods' acquisition last June
of Hillshire Brands Co. (which held the No. 12 rank in
MEAT+POULTRY's 2014 Top 100 ranking). The $8.55 billion
purchase of Hillshire will move Tyson from being primarily
a processor of fresh meat and poultry products to being

16

MEAT+ POULTRY | 03.15 | www.meatpoultry.com

a diverse food company with a strong portfolio of iconic
processed, value-added brands - now including Jimmy
Dean, Ball Park, Hillshire Farm and Aidells. The acquisition
will also help lift Tyson's margins in the prepared foods
segment. Prepared foods currently accounts for 9 percent
of Tyson's revenue and 5 percent of operating income.
Including Hillshire's operations, it will account for 19
percent of revenue and 20 percent of operating income.
"We have a unique opportunity to transform an
important segment of our business and position Tyson to
meet American consumers' growing demand for protein
at breakfast and throughout the day," said Tyson President
and CEO Donnie Smith on July 2.
At Barclays Back-to-School Consumer Conference last
September, Tyson Foods' Executive Vice President and
CFO Dennis Leatherby said, "We're staying focused on our
strategy. We're going to leverage our iconic brands and
No. 1 market share positions to grow the Prepared Foods
segment, and we've hit the ground running to capture
synergies. If we do all these things well, the result will be
reduced volatility and expanded operating margins."
Despite the peaks, valleys and unknowns of each year's
business and commodities cycles, the Top 100 companies
managed not only to stay on the rails but surge forward,
thanks to their proven business strategies, talented managing
executives, top-notch team members throughout the ranks
and, of course, extraordinary product offerings.
Editor's Note: The arduous task of researching
and collecting the facts and figures that go into
MEAT+POULTRY's annual ranking of processors is
spearheaded each year by Dana Holt, manager of
directories with Sosland Publishing Co. along with
Mindy Meyer, information services coordinator. Their
attention to detail and tireless efforts to make the Top
100 as accurate and up to date as possible is a valuable
service to MEAT+POULTRY readers and is valued by the
editorial team.


http://www.meatpoultry.com

MEAT+POULTRY - March 2015

Table of Contents for the Digital Edition of MEAT+POULTRY - March 2015

MEAT+POULTRY - March 2015 - 1
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