🇹🇭 CP Foods (Charoen Pokphand)

Bangkok, Thailand · Founded 1978 · www.cpfworldwide.com

Asia's most vertically integrated agri-food conglomerate — from feed manufacturing to retail. CP Foods produces 15M+ tonnes of animal feed annually across 17 countries, then uses that feed to grow its own chickens, shrimp, and pigs, which it processes and sells under the CP brand. A major competitor to Indian exports across Southeast Asia.

Revenue

$18.7B

FY2023 · USD (THB equivalent)

EBITDA Margin

8.5%

Latest annual

Employees

330,000

Worldwide

Processing Plants

200+

Globally

Production

3.5M t

Metric tonnes/yr

🤖

AnimStok Intelligence Analysis

Data-derived · Official filings · Jul 2026

Revenue was broadly flat at $18.7B in FY2023, consistent with a mature large-cap protein processor navigating a normalising commodity cycle. EBITDA of 8.5% reflects the thin-margin nature of large-scale protein processing — volumes and plant utilisation are the key drivers of profitability here. CP Foods (Charoen Pokphand)'s key export markets (Japan, South Korea) overlap with India's primary animal protein export destinations — Indian producers compete with CP Foods (Charoen Pokphand) products in these markets, making its pricing a relevant benchmark for Indian exporters. Revenue stable at $18.

Revenue History

2020–2023 · USD Billion (THB converted)

Business Segments

Revenue breakdown by division

Feed40%

Farm35%

Food Processing25%

Key Brands

Consumer & trade brands

CPFive StarCP Fresh MartMeiji (JV)CP Pokphand

Export Markets

Key international markets

JapanChinaSouth KoreaEUASEANMiddle EastUSA

Key Facts

What matters about CP Foods (Charoen Pokphand)

Produces 15M+ tonnes of animal feed annually — largest integrated feed producer in Asia

Operates across the full value chain: feed mills → farms → processing plants → 7,000+ CP Fresh Mart retail stores

Parent Charoen Pokphand Group has ~$75B in group revenue across telecom, retail, and agriculture

CP Foods competes directly with Indian shrimp exporters in Japan, EU, and South Korea — its ASF recovery plans will affect India's pork substitute export opportunity

Major feed customer of ADM and Bunge — a key demand signal for global soy crush markets

Live Stock Price

Latest Quarterly Highlight

Q4 2023

Revenue stable at $18.7B as feed margins supported by integrated model. Farm segment faced ASF-related pressure in Vietnam and Cambodia pork operations. Food segment continued expansion in Japan and China. Shrimp aquaculture recovered as disease pressure eased in Q4.