CP Group enters U.S. market to become kitchen of the world
Today, the Thailand-based food conglomerate produces more than 2,500 products, including duck, chicken, pork, shrimp, fish, eggs, ready meals and more.
Ninety-eight years ago, Charoen Pokphand Foods Public Co. Ltd. (CP Group) began as an agricultural company. Today, the Thailand-based food conglomerate produces more than 2,500 products, including duck, chicken, pork, shrimp, fish, eggs, ready meals and more, with approximately 64% of its revenue coming from overseas operations, 30% from its home market of Thailand, and 6% from export operations
“[We have] become a key player in three core business functions—food and agriculture, retail and distribution and telecommunications,” says Boonchai Opas-iam-likit, chairman of the U.S. division. “We are one of the global leaders in the agri-food value chain, and we are driven by our vision to be the ‘Kitchen of the World.’”