Ranking | World’s Largest Food and Beverage Company: Ahead of Nestlé and JBS, Annual Revenue Exceeds RMB 620 Billion

In September 2026, Food Engineering—a leading industry publication in the food sector—released its annual Global Top 100 Food & Beverage Companies ranking for 2026. Six Chinese enterprises made the list, unchanged from last year: WH Group (ranked 16th), Kweichow Moutai (21st), Yili Group (32nd), Mengniu Dairy (46th), Uni-President Enterprises (89th), and Wuliangye (91st). WH Group remains the highest-ranked Chinese company, reporting 2025 revenue of USD 28.026 billion, up 8.04% year-on-year; net profit stood at USD 1.567 billion, down 2.79% year-on-year. Regionally, China, North America, and Europe contributed 30.3%, 54.3%, and 15.4% of group revenue, respectively, and 35.8%, 53.3%, and 10.9% of operating profit. Annual processed meat volume declined 1.5% to 3.054 million tonnes, while pork volume rose 8.6% to 4.089 million tonnes. As of end-2025, WH Group’s annual meat processing capacity in China, North America, and Europe stood at approximately 2.07 million, 1.58 million, and 0.55 million tonnes, respectively; annual hog slaughter capacity totaled roughly 26.24 million, 30.68 million, and 6.65 million head, respectively. WH Group is the world’s largest pork-based food company, headquartered in Kowloon, Hong Kong. Its origins trace back to the Henan Luohe Meat Joint Processing Plant, where Wan Long assumed the role of general manager in 1984 and gradually transformed it into a multinational pork-focused enterprise. Its business spans processed meat products, hog farming, hog slaughter, wholesale and retail of fresh and chilled pork, poultry slaughter, condiment production, packaging materials manufacturing, and logistics services. It owns Asia’s largest processed meat enterprise—Shuanghui Development—and the United States’ largest pork company—Smithfield Foods. The Top 10 saw some reshuffling. Positions 4 through 10 were occupied by Bunge, Mars, Anheuser-Busch InBev, Tyson Foods, The Coca-Cola Company, Cargill, and Heineken. Olam International, ranked 9th last year, dropped to 25th this year. ADM (Archer Daniels Midland) also fell out of the Top 10. Bunge and Heineken replaced them: Bunge climbed 28 places to enter the Top 5 for the first time, while Heineken became the new “gatekeeper” of the Top 10. Public records indicate that Bunge was founded in 1818, incorporated in Geneva, Switzerland, and headquartered in St. Louis, Missouri, USA. Operating across more than 50 countries, it employs approximately 34,000 people and—alongside ADM, Cargill, and Louis Dreyfus—is one of the world’s four major grain traders collectively known as ABCD.

Soybean Price Quote as of October 31, 2024

In the short term, soybean prices have stabilized, exhibiting a generally weak but steady trend. United States: Chicago, October 30 — On Wednesday, soybean futures on the Chicago Board of Trade (CBOT) closed higher, with the benchmark contract rising 1.4%, ending a four-day losing streak. This rebound was driven by strength in the crude oil market and robust export sales demand. At close, soybean futures gained between 8.75 and 12.25 cents per bushel: the November contract rose 11.25 cents to settle at 976.50 cents/bushel; the January contract rose 12.25 cents to 991.25 cents/bushel; and the March contract rose 12.00 cents to 1005.50 cents/bushel. The most actively traded January contract ranged between 977.25 and 992.75 cents/bushel. Traders noted that soybean prices reversed after hitting a new contract low. Technically, the market had become oversold; after testing key support levels without breaking lower, the market attracted bargain-hunting buying interest. Strong gains in soybean oil futures and newly reported soybean sales also bolstered bullish sentiment. According to USDA’s daily export sales report, private exporters reported sales of 132,000 tonnes of soybeans to China and another 132,000 tonnes to unspecified destinations—all for delivery during the 2024/25 marketing year. The USDA will release its weekly export sales report on Thursday. Analysts forecast soybean export sales for the week ending October 24 at 1.6–2.8 million tonnes, compared to 2.15 million tonnes the previous week. Domestic U.S. soybean basis quotes are stable-to-firm, and harvest is entering its final stage. Weather forecasts indicate heavy rainfall across the U.S. Midwest beginning Wednesday, followed by another round over the weekend and early next week—helping alleviate worsening drought conditions that have persisted since August. Rainfall may temporarily ease low-water conditions on the Mississippi River, where shallow depths have imposed draft restrictions and raised barge transportation costs. The heaviest rain is expected across parts of Iowa, Missouri, Kansas, and Oklahoma. In South America, recent rainfall has helped replenish soil moisture, and current weather patterns favor planting and crop development. The November soybean futures contract enters its First Notice Day on Thursday, with currently available deliverable warehouse receipts totaling 155 contracts. Bunge reported third-quarter earnings exceeding Wall Street expectations on Wednesday, as global bumper harvests supplied ample soybeans, corn, and other crops to trading companies—offsetting pressure from declining margins. On Wednesday, estimated volume for the benchmark contract was 151,555 contracts, versus 152,870 contracts the prior trading day. Open interest stood at 341,566 contracts, up from 326,116 contracts the previous day. Brazil: October 30 — According to data from Brazil’s Secretariat of Foreign Trade, soybean exports from Brazil have continued to decline so far in October—suggesting that supply may be tightening after several months of strong growth.

Bunge Global Reports Improved Q3 Earnings Driven by Soybean Processing

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Bunge Global reported improved Q3 adjusted earnings per share of $2.56, driven by stronger soybean processing and early benefits from its Viterra combination. The company maintained its full-year outlook while noting challenges from volatile agricultural trading.

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