A program of recognition led by National Hog Farmer sponsored by Genesus Inc.
and Mike Van Schepdael – Vice President, Genesus Inc.
CP Foods
CP Foods is recognized as a Global Mega Producer for 2019.
The Charoen Pokphand Group is a diversified transnational conglomerate that consists of three core businesses that operate in the agri-food industry, retail and distribution, and telecommunications, as well as involvement in 10 additional industries such as finance, real estate, pharmacy, etc.
CP Foods conducts business in more than 100 countries and employs more than 350,000 employees around the world. CP Group’s revenue from the agri-food sector totaled $5,6 million, with 65.6% coming from China and 34.5% from Thailand and Vietnam.
In 2018, CP China produced 2.8 million hogs. However, in 2019, China was hard hit by ASF which is forcing big changes within the pork industry. CP Group have new plans for significant growth in China to help fill the void left by the shortfall in the countries production. Let’s all recognize CP Group on their role in the rebuilding of the pork supply in China and significant presence in the global food industry. a in 2017, mostly in Hubei, Henan and Shanxi province.
CP Group features world leading technology advancement and efficiency and is expected to have a hog output of 20 million head on Chinese market by 2024 in a more comprehensive vertical integrated pork chain that will including breeding, finishing, slaughtering and packing.
Let’s congratulate CP Group for being part of the Global Mega Producers.
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This post was written by Genesus