Program sponsored by Genesus Inc. in collaboration with National Hog Farmer
The Charoen Pokphand Group (CP Group) is a transnational conglomerate that consists of three core businesses that operate in the Agri- food industry, Retail, Distribution, and Telecommunications.
Founded in 1921, the CP Group currently employs over 300,000 people operating worldwide. Annual revenue for the year 2016 was $ 50 Billion .
In 2017, the Group’s revenue from Agri-food sector totaled $ 5,6 million, with 65,6% coming from China and 34.5% from Vietnam. In 2016 CP Group undergone a rapid growth in hog production on Chinese Market.
As of 2018, global sow inventory of CP Group reaches 800,000 heads. CP produced 5 million hogs in China 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.