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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YCharts. (March 12, 2023). Leading meat producers worldwide based on market capitalization as of 2023 (in billion U.S. dollars)* [Graph]. In Statista. Retrieved October 10, 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 October 10, 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: October 10, 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 October 10, 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/