Charoen Pokphand Foods Public Company Limited ( CP Foods )
Charoen Pokphand Foods (CP Foods) is a leading vertically integrated food conglomerate headquartered in Bangkok, Thailand, operating across 17 countries globally. The company has established a complete supply chain from livestock farming and feed production to food processing and distribution, maintaining a global network of 8,200 farms and 85 food processing plants. Listed on the Stock Exchange o
ThailandEst. 1978125K+85+SET : CPF
Business Nature
Self-owned production 900+ factories globally, 90+ production bases in China
Core Business Areas
**3.1 Beef Products**
Frozen beef brisket, grain-fed ribeye — Among China's top 5 beef importers
**3.2 Pork Products**
Fresh pork belly, German-style pork hock — Among China's top 3 pig farming operations
**3.3 Poultry Products**
CP eggs, chicken breast — One of the world's largest poultry farming operations
**3.4 Lamb Products**
Xinjiang lamb cuts — Full coverage of China's Northwestern market
**3.5 Aquatic Products**
CP whiteleg shrimp, salmon fillet — Accountable for 12% of global shrimp production
**3.7 Ready-to-Cook Processed Meat**
Black pepper beef steak, Orleans chicken wings — Commanding 33% market share in China's convenience store prepared food segment
**3.8 Frozen Semi-Finished Products**
CP steamed dumplings, hotpot meat rolls — Holding 29% share in China's commercial frozen food market
**3.10 Organ By-Products**
Duck blood blocks, chicken liver — Southeast Asia's leading animal protein processor
**3.11 Deep-Processed Aquatic Products**
Shrimp paste, fish sauce — Supplied globally from Vietnam/Thailand processing facilities
**3.12 Pet-Grade Raw Materials**
Salmon trimmings — Developed from poultry by-product operations
# Summary: Charoen Pokphand Foods Public Company Limited (CP Foods) - 2024 Corporate Report
Charoen Pokphand Foods Public Company Limited (CP Foods) is a vertically integrated global food enterprise headquartered in Bangkok, Thailand, listed on the Stock Exchange of Thailand (SET: CPF). The company operates across 17 countries with over 150,000 employees, 100+ feed mills, thousands of farms, and 200+ processing facilities. CP Foods' core business focuses on poultry (50% of revenue) and aquatic products (20% of revenue), supplemented by animal feed, convenient foods, and other diversified operations.
In 2024, CP Foods achieved approximately $20 billion in revenue (+8.5% year-over-year), with operating profit of ~$1.2 billion (+9.2%) and net profit of ~$800 million (+8.8%). R&D investment reached ~$400 million, representing 2.0% of revenue and growing 10.5%. Geographically, Thailand represents 40% of revenue while international markets contribute 60%, reflecting the company's balanced global presence.
The company's competitive advantages stem from its fully integrated value chain spanning feed production, farming, processing, and distribution—allowing superior cost control and quality assurance. With annual feed capacity of 20 million tons and poultry production of 1 billion heads, CP Foods maintains industry-leading scale. The company scored 880/1000 on brand heat metrics, reflecting its leadership position in the Asian food industry.
Looking ahead to 2025, CP Foods is pursuing sustainability deepening, value chain elevation through high-value products, digital transformation across operations, and further globalization including emerging market expansion.
Quick Facts
Headquarters
Bangkok, Bangkok, Thailand
Shanghai, Shanghai, China