In 2022, JBS was the leading company in the food and beverage sector in Brazil, with a net revenue of close to 375 billion Brazilian reals. Ambev, a Brazilian beverage company, ranked third that year, with a net revenue of 79.7 billion reals.
JBS
JBS is one of the largest meat processing companies in the world. Headquartered in São Paulo, Brazil, it generates a considerable amount of its revenue from its sales in the United States. In 2022, the company’s gross profit reached a value of more than 59 billion Brazilian reals, and the number of employess surpassed 256 thousand people worldwide.
The meat industry in Brazil
Brazilian gastronomy is known for its regular use of meat as an ingredient. Unsurprisingly, meat consumption in Brazil has been annually increasing in recent years, reaching more than 21 million metric tons in 2024. That year, the country's per capita consumption of beef alone was estimated at 22.4 kilograms, while the consumption of poultry was at close to 43 kilograms per person.
Leading companies in the food and beverage sector in Brazil in 2022, based on net revenue
(in billion Brazilian reals)
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Valor Econômico. (September 6, 2023). Leading companies in the food and beverage sector in Brazil in 2022, based on net revenue (in billion Brazilian reals) [Graph]. In Statista. Retrieved September 19, 2024, from https://www.statista.com/statistics/806734/brazil-food-beverage-sector-company-net-revenue/
Valor Econômico. "Leading companies in the food and beverage sector in Brazil in 2022, based on net revenue (in billion Brazilian reals)." Chart. September 6, 2023. Statista. Accessed September 19, 2024. https://www.statista.com/statistics/806734/brazil-food-beverage-sector-company-net-revenue/
Valor Econômico. (2023). Leading companies in the food and beverage sector in Brazil in 2022, based on net revenue (in billion Brazilian reals). Statista. Statista Inc.. Accessed: September 19, 2024. https://www.statista.com/statistics/806734/brazil-food-beverage-sector-company-net-revenue/
Valor Econômico. "Leading Companies in The Food and Beverage Sector in Brazil in 2022, Based on Net Revenue (in Billion Brazilian Reals)." Statista, Statista Inc., 6 Sep 2023, https://www.statista.com/statistics/806734/brazil-food-beverage-sector-company-net-revenue/
Valor Econômico, Leading companies in the food and beverage sector in Brazil in 2022, based on net revenue (in billion Brazilian reals) Statista, https://www.statista.com/statistics/806734/brazil-food-beverage-sector-company-net-revenue/ (last visited September 19, 2024)
Leading companies in the food and beverage sector in Brazil in 2022, based on net revenue (in billion Brazilian reals) [Graph], Valor Econômico, September 6, 2023. [Online]. Available: https://www.statista.com/statistics/806734/brazil-food-beverage-sector-company-net-revenue/