🐟 SeafoodData Quality: Manual · Updated Jul 2026
🇹🇭 Thai Union Group
Samut Sakhon
Thai Union is the world's largest tuna processor, owner of John West, Chicken of the Sea, and Mareblu brands. Also a major shrimp and salmon processor. Listed on SET.
Revenue
$4.4B
FY2024 · USD
EBITDA Margin
7.5%
Latest annual
Employees
45,000
Worldwide
📋 Source: Official company filings📅 Reporting period: FY2024 annual🔄 Updated: Jul 2026⚠️ AnimStok is not affiliated with Thai Union Group
📊
AnimStok Intelligence Analysis
Data-derived · Official filings · Jul 2026Algorithmic — not a financial recommendationEBITDA of 7.5% reflects the thin-margin nature of large-scale protein processing — volumes and plant utilisation are the key drivers of profitability here.
ANIMSTOK COMPANY SUMMARY
Deterministic rule-based prose from official filings — not AI-generated
Low Confidence
Thai Union Group is a publicly listed Seafood (tuna, shrimp, salmon) sector company headquartered in Samut Sakhon. Revenue was $4.4B in FY2024, with an EBITDA margin of 7.5% — consistent with the thin-margin nature of large-scale commodity protein processing. The company employs approximately 45,000 people.
WHAT CHANGED
Confirmed events linked to this company, then sector-level market context
🏢 Confirmed Company Eventsvia intel_event_companies
No confirmed event-company links in the current dataset.
Events are linked to companies via the
intel_event_companies junction table. No links exist for Thai Union Group at this time. Sector-matched market events are shown below for context.🌐 Recent Market EventsPlatform-wide — not specific to Thai Union Group
Most recent published events across all sectors. These are shown for market context only and are not linked to Thai Union Group.
criticalAcquisition
Bunge Completes Acquisition of Viterra, Creating the World's Largest Grain Trader by Volume
📅 2024-11-01
highInvestment
Smithfield Foods Lists on Nasdaq in First Public Offering Since WH Group Acquisition
📅 2024-09-25
mediumQuarterlyResults
Venky's India Q4 FY2024: Poultry Processing Revenue Grows on Domestic Demand Recovery
📅 2024-05-29
mediumQuarterlyResults
SalMar Q1 2024 Results: Harvest 56,600 Tonnes, Operational EBIT NOK 780 Million
📅 2024-05-14
mediumQuarterlyResults
Grieg Seafood Q1 2024: Harvest 20,000 Tonnes, Profitability Supported by Stable Salmon Prices
📅 2024-05-09
WHY THIS MATTERS
Aquafeed Cost
Marine ingredients (fishmeal, fish oil from Peru and Iceland) and plant-based alternatives (soy protein concentrate, pea protein) are the primary cost inputs. No single public index provides a comprehensive aquafeed cost benchmark.
Revenue Benchmark
Spot salmon prices are published weekly by Nasdaq Salmon Index and Fish Pool. Norwegian, Chilean, and Scottish export prices set global reference levels for Atlantic salmon contract negotiations.
Biological Risk
Sea lice outbreaks, ISA virus, and Salmon Alpha virus events cause direct biomass loss and operational cost increases. Norwegian Veterinary Institute weekly data is the primary monitoring signal.
Regulatory / Licensing
Salmon farming regulations — biomass limits, site licenses, MAB thresholds in Norway, Chile, and Scotland — directly constrain annual production volume and capital expansion plans.
RELEVANT MARKET INDICATORS
⚠ No direct FAO price index for this sector
No FAO price index directly tracks farmed salmon or marine shrimp. Primary external benchmarks for this sector: Nasdaq Salmon Index (Oslo, weekly spot prices), Norwegian Seafood Council export price data, and Fish Pool forward contracts.
WHAT TO WATCH
Monitoring variables — not procurement recommendations
1Nasdaq Salmon Index (Oslo) — weekly spot price for farmed Atlantic salmon, the global benchmark
2Norwegian Seafood Council weekly export data — price and volume trends for salmon and trout
3Fish Pool futures — forward prices for Norwegian salmon across 4–52 week contract tenors
4Norwegian Veterinary Institute sea lice reports — published monthly, site-level biomass data
5Feed ingredient prices: fishmeal (Peru), soy protein concentrate, rapeseed oil — primary aquafeed cost inputs
6Chile SalmCo and AquaChile harvest estimates — second-largest Atlantic salmon producer globally
EVIDENCE & METHODOLOGY
Data sourceOfficial company filings — annual reports, investor relations (URL pending)
VerificationProfile: partially_verified · Financial: verified
Revenue periodFY2024 annual
Summary methodDeterministic rule-based prose from filing data — no language model involved
Event linksintel_event_companies: 0 confirmed links — none exist yet for this company
Trade flowsAll trade flow records for this company are draft status and are not displayed publicly
Confidence logicVerified profile + verified financials → Medium; any unverified field → Low; never High without corroborating event or trade data
DISCLAIMER
This intelligence summary is compiled from publicly available official company filings. AnimStok is not affiliated with Thai Union Group and does not claim any endorsement. No investment, procurement, or commercial advice is implied. Data may not reflect post-filing corporate events.
Business Segments
Revenue breakdown by division
Ambient Seafood60%
Frozen & Chilled20%
Pet Care10%
Other10%
Key Facts
What matters about Thai Union Group
40000
10
SET: TU
Chicken of the Sea, John West, Petit Navire
Latest Quarterly Highlight
Quarterly earnings data for Thai Union Group is updated periodically. Check the investor relations page for the most recent quarterly report.
Country Intelligence
Data Quality
◑
Partially Verified
Profile Data Status
Last Reviewed: Not yet reviewed
Revenue
$4.4BFY2024Reported
✓ Verified — no source linkedEBITDA Margin
7.5%Reported
✓ Verified — no source linkedAbout this rating:“Partially Verified” means selected profile information has been checked against identified sources. It is not an audit, endorsement, credit rating, or investment recommendation.
Procurement
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