As of March 2023, the market capitalization of Hormel amounted to approximately 21.4 billion U.S. dollars worldwide, making the company the leading meat producer globally and overtaking competitors such as Tyson Foods, whose market capitalization reached around 20.3 billion U.S. dollars.
Leading meat producers worldwide based on market capitalization as of 2023 (in billion U.S. dollars)*
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Market capitalization in billion U.S. dollars
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YCharts. (March 12, 2023). Leading meat producers worldwide based on market capitalization as of 2023 (in billion U.S. dollars)* [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/911715/market-value-of-global-leading-meat-producers/
YCharts. "Leading meat producers worldwide based on market capitalization as of 2023 (in billion U.S. dollars)*." Chart. March 12, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/911715/market-value-of-global-leading-meat-producers/
YCharts. (2023). Leading meat producers worldwide based on market capitalization as of 2023 (in billion U.S. dollars)*. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/911715/market-value-of-global-leading-meat-producers/
YCharts. "Leading Meat Producers Worldwide Based on Market Capitalization as of 2023 (in Billion U.S. Dollars)*." Statista, Statista Inc., 12 Mar 2023, https://www.statista.com/statistics/911715/market-value-of-global-leading-meat-producers/
YCharts, Leading meat producers worldwide based on market capitalization as of 2023 (in billion U.S. dollars)* Statista, https://www.statista.com/statistics/911715/market-value-of-global-leading-meat-producers/ (last visited July 22, 2024)
Leading meat producers worldwide based on market capitalization as of 2023 (in billion U.S. dollars)* [Graph], YCharts, March 12, 2023. [Online]. Available: https://www.statista.com/statistics/911715/market-value-of-global-leading-meat-producers/