Food Manufacturing

Food Manufacturing

Brief Excerpt from Industry Overview Chapter:

Companies in this industry manufacture and process a wide variety of foods, including meats, seafood, dairy products, fruits and vegetables, milled grains and oilseeds, baked goods, and candy. Major companies include ADM, Conagra Brands, Frito-Lay, General Mills, Kellogg Company, Kraft Heinz, Mondelez International, and Tyson Foods (all based in the US); along with COFCO (China), Danone (France), Fonterra (New Zealand), Grupo Bimbo (Mexico), JBS (Brazil), Maruha Nichiro (Japan), Nestlé (Switzerland), and Unilever (UK).


Food consumption drives demand, and this depends on population growth. The profitability of individual companies depends on efficient operations because products are commodities subject to intense price competition. Companies compete largely based on cost and their ability to distribute the finished product. Large companies have economies of scale in purchasing and distribution. Small companies can compete effectively in local or regional markets and by developing popular products. The industry is concentrated: the 50 largest companies account for about 50% of industry revenue.


Major products include meat products which account for about 30% of the industry revenue; dairy products account for about 15%; grains account for about 10%. Other sources of revenue include processed fruits and vegetables which account for about 10%, baked goods account for about 10%, pet food accounts for about 5%, and snack foods account for about 20%.

Industry Overview
Quarterly Industry Update
Business Challenges
Business Trends
Industry Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Web Links and Acronyms

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings