The 15 World’s Largest Agricultural Companies in 2024
The 15 World’s Largest Agricultural Companies in 2024-There are 15 Largest Agricultural
Companies in the World based on the annual report of each company in the year
2024. Commonly, Agriculture
is the practice of cultivating land and miscelleneaous resources to produce
food, fiber, and other goods necessary for human life and economic activity.
Principally, Agriculture encompasses a broad range of activities, including
growing crops, raising livestock, forestry, and even harvesting fish in
aquaculture.
Of course, currently, there are many world’s largest
agricultural companies in 2024 and they have become the market leaders in
agricultural fields in various specifications with excellent performance and
huge profit. With a long journey, experience, and expertise, they are able to
become leaders in every field of their business. In this article, the companies
which we analyzed are public companies whose shares/ stocks are partly owned by
the public. Meanwhile, Private agricultural companies such as Cargill were not
analyzed because they do not publicly publish annual financial reports.
Here is the rank of 15 World’s Largest Agricultural
Companies in 2024. Commonly, this company has huge revenue and net income of up to
billions of US dollars. Furthermore, overall, all the data were
obtained from the Annual report of the Company in 2024.
Table of Rank The 15
World’s Largest Agricultural Companies Based on Net Income in 2024
Ranks |
Companies |
Total Revenue in 2024 |
Total Revenue in 2024 |
Net Income in 2024 |
Net Income/ (Loss) in
2024 |
In origin Currency |
US Dollar |
In origin Currency |
in US Dollar |
||
1 |
John Deere |
USD 51.7 billion |
USD 51.7 billion |
USD 7 billion |
USD 7 billion |
2 |
Muyuan Food |
RMB 137 billion |
USD 19.18 billion |
RMB 18.7 billion |
USD 2.6 billion |
3 |
Westfarmers |
USD 44.1 billion |
USD 44.1 billion |
USD 2.5 billion |
USD 2.5 billion |
4 |
JBS |
USD 77.1 billion |
USD 77.1 billion |
USD 1.9 billion |
USD 1.9 billion |
5 |
ADM |
USD 85.5 billion |
USD 85.5 billion |
USD 1.8 billion |
USD 1.8 billion |
6 |
WH Group |
USD 25.9 billion |
USD 25.9 billion |
USD 1.8 billion |
USD 1.8 billion |
7 |
BASF |
EUR 65.2 billion |
USD 72.3 billion |
EUR 1.45 billion |
USD 1.60 billion |
8 |
Corteva |
USD 16.9 billion |
USD 16.9 billion |
USD 0.907 billion |
USD 0.907 billion |
9 |
Tyson Food |
USD 53.3 billion |
USD 53.3 billion |
USD 0.8 billion |
USD 0.8 billion |
10 |
Nutrien |
USD 25.9 billion |
USD 25.9 billion |
USD 0.7 billion |
USD 0.7 billion |
11 |
Charoen Pokphand Foods |
THB 586 billion |
USD 17.5 billion |
THB 22.2 billion |
USD 0.66 billion |
12 |
FMC |
USD 4.2 billion |
USD 4.2 billion |
USD 0.341 billion |
USD 0.341 billion |
13 |
Sumitomo Chemical |
JPY 2,606 billion |
USD 18.5 billion |
JPY 38 billion |
USD 0.27 billion |
14 |
Syngenta |
USD 16.9 bIllion |
USD 16.9 bIllion |
USD 0.26 billion |
USD 0.26 billion |
15 |
The Mosaic Company |
USD 11.1 billion |
USD 11.1 billion |
USD 0.17 billion |
USD 0.17 billion |
16 |
Yara |
USD 13.8 billion |
USD 13.8 billion |
USD 0.015 billion |
USD 0.015 billion |
17 |
Bayer AG |
EUR 46.6 billion |
USD 51.7 billion |
(EUR -2.5 billion) |
(USD - 2.8 billion) |
Source: Annual Report, 2024 |
|||||
Origin Currency - Official Currency used in Annual
Report 2024 |
|||||
US Dollar- Converted Currency from Origin Currency to
US Dollar using Currency Rates |
|||||
Currency Rate: |
|||||
1 EURO (EUR) = 1.1 US Dollar (USD) |
|||||
1 Thailand Baht (THB) = 0.03 US Dollar (USD) |
|||||
1 Japanese Yen (JPY) = 0.0071 US Dollar (USD) |
Besides total revenue and net income data, in this article,
we also showed some databases related to the financial position of total assets
and total liabilities. This data is obtained in the balance sheet on the annual
report of each Company in 2024. Here is the data on the total assets
and total liabilities of agriculture company in 2024.
The Condition of Total
Assets and Total Liabilities of 15 World’s Largest Agricultural Companies in
2024
Ranks |
Companies |
Total Assets |
Total Assets |
Total Liabilities |
Total Liabilities |
in Origin Currecy |
in US Dollar |
in Origin Currecy |
in US Dollar |
||
1 |
Bayer |
EUR 110 billion |
USD 129 billion |
EUR 78.8 billion |
USD 87.47 billion |
2 |
John Deere |
USD 107 billion |
USD 107 billion |
USD 84.3 billion |
USD 84.3 billion |
3 |
BASF |
EUR 80.4 billion |
USD 89.2 billion |
EUR 43.5 billion |
USD 48.2 billion |
4 |
ADM |
USD 53.2 billion |
USD 53.2 billion |
USD 30.8 billion |
USD 30.8 billion |
5 |
Nutrient |
USD 51.8 billion |
USD 51.8 billion |
USD 27.3 billion |
USD 27.3 billion |
6 |
Corteva |
USD 40.8 billion |
USD 40.8 billion |
USD 16.7 billion |
USD 16.7 billion |
7 |
JBS |
USD 40.6 billion |
USD 40.6 billion |
USD 32.5 billion |
USD 32.5 billion |
8 |
Tyson Food |
USD 37.1 billion |
USD 37.1 billion |
USD 18.5 billion |
USD 18.5 billion |
9 |
Syngenta |
USD 29.4 billion |
USD 29.4 billion |
USD 22.1 billion |
USD 22.1 billion |
10 |
Sumitomo Chemical |
JPY 3,934 billion |
USD 27.9 billion |
JPY 2,770 billion |
USD 19.6 billion |
11 |
Westfarmers |
USD 27.3 billion |
USD 27.3 billion |
USD 18.7 billion |
USD 18.7 billion |
12 |
Charoen Pokphand Foods |
THB 876 billion |
USD 26.2 billion |
THB 583 billion |
USD 17.5 billion |
13 |
Muyuan Food |
RMB 187 billion |
USD 26.1 billion |
RMB 115 billion |
USD 16.1 billion |
14 |
The Mosaic Company |
USD 22.9 billion |
USD 22.9 billion |
USD 11.3 billion |
USD 11.3 billion |
15 |
WH Group |
USD 19.8 billion |
USD 19.8 billion |
USD 8.4 billion |
USD 8.4 billion |
16 |
Yara |
USD 14.9 billion |
USD 14.9 billion |
USD 7.98 billion |
USD 7.98 billion |
17 |
FMC Corporation |
USD 11.6 billion |
USD 11.6 billion |
USD 7.15 billion |
USD 7.15 billion |
Source : Annual Report, 2024 |
|||||
Origin Currency - Official Currency used in Annual
Report 2024 |
|||||
US Dollar- Converted Currency from Origin Currency to
US Dollar using Currency Rates |
|||||
Currency Rate : |
|||||
1 EURO (EUR) = 1.1 US Dollar (USD) |
|||||
1 Thailand Baht (THB) = 0.03 US Dollar (USD) |
|||||
1 Japanese Yen (JPY) = 0.0071 US Dollar (USD) |
The World’s Largest Agricultural Company’s Brief Description, based on History and Business Performance
1.Deere and Company
Deere and Company is a leading tractor and heavy equipment
company with the “John Deere” brand originating from Moline,
Illinois, United States. In 2024, based on the annual report data published by
the company, the total revenue achieved by Deere and company reached USD 51.7
billion with the earned profit was USD 7 billion. In terms of financial
position, Deere and Company has total assets of around USD 107 billion and
total liabilities of USD 84.3 billion.
Until now, various types of machine tractors for agricultural activities produced by Deere and Co. range from tillage tractors, planting, plant maintenance, to harvesting. These various tractors are certainly able to increase efficiency and effectiveness in agricultural activities. Here are some types of tractors that come from Deere and Co:
● Tillage tractor (Cultivator, tandem
disk, seedbed finisher, Rotary Tiller, and other types)
● Planting tractor (Row Crop tractor,
air seeding equipment, drawn planter)
● Tractor for Processing (Fertilizer
spreader, Manure spreader, Sprayer)
● Tractors for Harvesting (Cotton
Harvesting, Sugarcane harvesting, Corn, and wheat harvesting)
In addition to manufacturing and
markerting some agricultural heavy-equipement, Deere and Company also produced
some agriucultural tools with different brands including Sprayers (Hagie,
Mazzotti), Planters and Cultivators (Monosem), Sprayers and Planters
(PLA), Carbon Fiber Sprayer Booms (King Agro), Sugarcane
Harvester Aftermarket Parts (Sunbelt Outdoor Products, Unimil by John
Deere), Aftermarket Parts for PPA Products (Vapormatic, A & I, Unimil,
Alternatives by John Deere, Frontier).
By 2025, this company has become one of the
world’s biggest companies. Based on the ranking of companies released
by “Fortune 500” in 2024, this company is 89th as
the world’s largest company. The marketing of its products spread out in many
countries in the world. Although so far, American and European markets are
dominantly based on Sales performance.
2. Archer-Daniels-Midland
Company (ADM)
Archer-Daniels-Midland Company (ADM) is one of the biggest
food processing and crop trading companies. Historically, the company was
founded in 1912 on the initiative of George A. Archer and John
W. Daniels. This headquarters is located in Chicago, Illinois,
United States. As business lines advance, the company has 270 factories and 420
facilities for plant processing.
Financially, in 2024, the Archer-Daniels-Midland Company
recorded a positive financial performance. The revenue earned reached USD 85.5
billion with a net income of USD 1.8 billion. Related to financial position, Archer-Daniels-Midland
Company has total assets of USD 53.2 billion with total liabilities of around USD
30.8 billion.
3.Tyson Food
Tyson Foods, Inc. is an American multinational corporation
based in Springdale, Arkansas founded by John W. Tyson. The company
processes and markets chicken, beef, and pork in the United States and annually
exports large quantities of beef outside the United States. In the United
States of America (USA), the company has several well-known processed meat
products/brands, namely Tyson®, Jimmy Dean®, Hillshire Farm®, BallPark®,
Wright®, Aidell’s®, and State Fair® brands.
To date, Tyson Food has a total of 141,000 employees
worldwide and also supplies the chicken to well-known companies, namely
Yum! Brands that have leading restaurant chains such as KFC, Taco Bell,
McDonald’s, Burger King, Wendy’s, Wal-Mart, Kroger, IGA, and Beef O’Brady’s. In
2024, based on the company’s financial statements on its annual report, Tyson
Food successfully earned total revenues of USD 53.3 billion and gained net
income reaching USD 0.8 billion.
4. Syngenta
Syngenta is one of the largest pesticide companies in 2024.
Historically, this agrochemical company was formed as a merger between Zeneca
Agrochemical and Novartis Agribusiness in 2000 and is
still headquartered in Basel, Switzerland. Until now, this company has been
considered the largest pesticide company in the world. Until 2017, Syngenta
company was officially bought/acquired by China National Chemical
(ChemChina), an agrochemical company from China, and is one of the largest
acquisitions made by a corporation from “Mao Zedong Country”.
Until now, Syngenta has produced various types of products
for plant protection ranging from insecticides, herbicides, and fungicides.
Many of its products have a positive impact on helping the farmers protect the
crops from pathogens and pests. Commonly, the products of Syngenta include the
herbicide with brand of Gramoxone (active ingredient Paraquat) and Callisto,
Fungicide Amistar (the active ingredient of Difenoconazole and
azoxystrobin), and Rhidomil. Furthermore, insecticides produced and
marketed include Virtako (active ingredients chlorantraniliprole and
thiamethoxam), Actara (active ingredients, namely thiametoksam), Plenum
(active ingredients Pimetrozine), Trigard®, Proclaim, Karate Zeon®, Curacron,
and the other brands.
Financially, in 2024, based on its business performance of the
annual report, Syngenta showed a positive performance by achieving total
revenue of USD 16.9 billion with a net income of USD 0.26 billion. Related to
financial position, Syngenta has total assets of USD 29.4 billion with total
liabilities of around USD 22.1 billion.
5.Corteva
Corteva Agriscience is one of the largest agricultural
pesticide companies from the United States. This Company was
formed as a merger between two large agribusiness companies namely Dow
Agro and Dupont in 2017. Financially, in 2024, according
to its annual report, Corteva successfully generate USD 16.9 billion of total revenue
from around the world with a net income/profit of USD 0.907 billion. In terms
of financial position, total assets of USD 40.8 billion with total liabilities
of around USD 16.7 billion.
Commonly, in the pesticides industry, various pesticide
products have been marketed by Corteva Agriscience. These products are
pesticides with the trademark i.e. Dithane™, Curzate™ and the other
brands, weed control i.e. Clincher™, Topshop™, and
the other brands. Some of the farmers may know the products
of this company to help control pests and plant pathogens. Meanwhile, Cortiva
has also produced and marketed the Seed product, namely “Pioneer Brand” (one
of the most popular maize seeds in the world).
6.Yara International
Yara International is one of the world’s largest fertilizer companies coming from Norway
which was founded in 1905. Operationally, the headquarters of this company is
located in the city of Oslo. Until now, the company has
employed around 15,000 employees with fertilizer production located on 6
continents and has sales branch offices in around 60 countries in the world. In
the worldwide, Yara has expanded its business. Perhaps many farmers are
familiar with Yara fertilizer, especially horticultural farmers such as chili,
tomato, melon, and various other vegetables.
Financially, in the year 2024, Yara Internasional’s
business performance showed positive results by generating sales of USD 13.8
billion with a net income of USD 0.015 billion. In terms of financial
position, Yara International has total assets of around USD 14.9 billion with
total liabilities of around USD 7.98 billion.
7. FMC Corporation
FMC Corporation (Food Machinery and Chemical Corporation) is an American agrochemical
company. The headquarters or main office is in Philadelphia, Pennsylvania.
Historically, the company was founded in 1883 by chemist Joh Bean and
was originally a pump company in Los Gatos, California. As time goes by and the
company’s business progresses, many chemical-based products are made and
marketed to various parts of the world. However, from time to time, FMC has
expanded its business by selling agrochemical products such as agricultural
pesticides and in 2017, FMC employed 7,000 people worldwide.
Financially, In 2024 based on business performance in
Annual Report 2024, the FMC Corporation successfully earned total revenues
of USD 4.2 billion with gained net income of USD 0.341 billion. In terms of
financial position, total assets of FMC Corporation reached USD 11.6 billion
with total liabilities of around USD 7.15 billion.
8. Nutrien
Nutrien is a merger between 2 world’s well-known fertilizer
companies from Canada, namely The Potash Corporation of Saskatchewan or
commonly called Potash Corp and Agrium. They
merged in 2018. With this merger, Nutrien became one of the largest producers
of Potassium (K) fertilizer in the world and the 3rd biggest
nitrogen (N) producers.
Commonly, in the fertilizer industry,
the fertilizer Products of Nutrien which are produced and marketed include
macronutrient and plant micronutrient fertilizers such as Blackmax 22,
Maritime, Radiate, Terramar, Fullback®, Lokomotive, Maximum N-Pact, Maximum
N-Pact B, Maximum N-Pact K, N-Pact, Re -Nforce K, Re-Nforce Ks, Signature 8%
Calcium and many more. Based on the operational office, the
company’s operational areas are still in the United States, Canada, and the
South American Continent.
Fiancially, In 2024, based on the
company’s business performance in its annual report, Nutrien’s performance
showed positive results by achieving revenue of USD 25.9 billion and a net income/
profit of USD 0.7 billion. In terms of financial position, total assets of
Nutrien is around USD 51.8 billion with total liability of around USD 27.3
billion.
9. Bayer AG
Bayer Aktiengesellschaft or better known as Bayer AG is
a leader and experienced pest control company in the agricultural sector.
Historically, this company was founded by Friedrich Bayer in 1863 and is
headquartered in Leverkusen, Germany. Until now, several business units have
been owned by Bayer, namely Bayer Crop Science, Bayer HealthCare, Bayer
Material Science, Bayer Chemicals. In 2018, to strengthen its position in the
field of agricultural pesticides, the company made a shocking business move by
acquiring Monsanto which is one of the largest agricultural pesticide and seed
companies from the United States. Basically, Monsanto is well-known for
controversial issues behind its business performance. So far, Monsanto company
is the producer and manufacturer of RoundUp herbicide and Dekalb corn seed.
Financially in 2024, according to its annual report, Bayer
AG recorded a negative performance with total revenue EUR 46.6 billion or
equvailent to USD 51.7 billion and suffered net loss of around EUR -2.5 billion
or equivalent to USD -2.8 billion. In terms of financial position, total assets
of Bayer AG reached EUR 110 billion or equivalent to USD 129 billion with total
liabilities of around EUR 78.8 billion or equivalent to USD 87.47 billion.
10. The Mosaic Company
As one of the biggest
fertilizer companies, The Mosaic Company had serves customers in approximately
40 countries. Operationally, Mosaic Company has phosphate rock mining sites in
Florida, Brazil and Peru. Furthermore, this company has processing facilities
of phosphate rock into finished phosphate products in Florida, Louisiana and
Brazil. In the Potash industry, Mosaic Company has
mining sites in Saskatchewan, New Mexico and Brazil.
According to its annual report in 2024, Mosaic company has
total assets around USD 23 billion with total liabilities around USD 10.6
billion. Based on the business performance in 2024, Mosaic company successfully
generated total revenue around USD 13.6 billion with net income around USD 1.1
billion.
11. JBS Foods
JBS Foods is a global, diversified agriculture
and livestock company headquartered in São Paulo, Brazil and founded by José
Batista Sobrinho in 1953. As of business development, JBS Foods in 2007 bought
Swift & Company which was the third largest U.S. beef and pork processor
with the acquisition cost reaching USD 225 million. Later, on September 17,
2009, JBS USA Holdings, Inc. decided to buy 64% of the shares of Pilgrim's
Pride, one of the largest chicken producers in the United States and Puerto
Rico and the second-largest chicken producer in Mexico.
As of 2024, JBS employed more than
280.000 people with more than 250 production facilities. AS of 2025, JBS Foods
is the leading beef producer in the
world, with operations in the United States, Australia and Canada, and the leading poultry producer in the world,
with operations in the United States, the United Kingdom, Mexico and Puerto
Rico as well as the second largest pork
producer in the world, with operations in the United States, Brazil, the
United Kingdom and Australia.
With huge production and many
production facilities, JBS Foods has some meat brands sold in many countries inclucding
Pork meat brands (swift, just bare, primo, adaptable
meals, dak, danepak, danola, denny, galtee, hans, primo reserve, principe,
wicked pig, and others), beef brands (swift, aspen ridge, great
southern, Aberdeen black, certified angus beef, blue ribbon beef, clear river
farms, fourstar beef, grass run farms, mattessons, wall's, and other brands), lamb (swift, grest southern, redgum
creek, and others), poultry ( primo, ballyfree, country pride, deldia, fridge raiders, gold kist, moy park, la
herencia, savoro and others).
Financially in 2024, according to the
annual report, JBS Foods has total assets of around USD 40.6 billion with total
liabilities of around USD 32.5 billion. In terms of business performance in
2024, JBS Foods successfully gained total revenue of USD 77.1 billion with net
income of around USD 1.9 billion.
12. WH Group
WH Group (formerly known as Shuanghui
Group) is a Chinese multinational meat and food processing company
headquartered in Hong Kong. Historically, WH Group Shuanghui was founded by the
Luohe municipal government in 1958 with a single processing plant. Later, the
Luohe government sold its share of Shuanghui to a joint venture of Goldman
Sachs and private equity firm CDH Investments. In the year of 2013, Shuanghui
Group bought Smithfield Foods, Smithfield Foods, Inc., an American pork
producer and food-processing company based in Smithfield, Virginia in 2013 and
it was finalized on September 26, 2013, with the value of the deal reaching USD
4.7 billion. Later in January 2014, Shuanghui International changed its name to
WH Group. To date, The WH Group is a leading global pork company with
operations in multiple geographical regions. Specifically, WH Group owned an
annual production capacity of packaged meats of approximately 2.08 million
tons, 1.60 million tons and 0.37 million tons with utilization rates of 67.6%,
87.0% and 117.1% in China, North America, and Europe, respectively.
Financially, according to its annual
report of 2024, WH Group has total
assets of USD 19.8 billion with total liabilities of around USD 8.4
billion. In terms of business performance in 2022, WH Group successfully gained
total revenue of around USD 25.9 billion with total net income reaching USD 1.8
billion.
13. Charoen Pokphand Foods
Charoen Pokphand is a multinational
livestock company based in Thailand. Historically, the company was founded in
1921 by Chia Exchor and Chia Seow Nooy, immigrants from
Shantou, China who later became Thailand citizens. In the beginning of the
business, this company just bought and sold plant seeds and traded livestock.
As the company’s business grows from time to time, Charoen Pokphand continues
to expand its business in the fields of animal feed production, upstream and
downstream livestock trading. Until 2024, this company is considered as one of
the big players in the feed of poultry, pigs, ruminants, and several other
livestock. As of 2024, Charoen Pokphand Foods has opened branch offices in
various countries in the world such as Mexico, Taiwan, Portugal, China,
Indonesia, Türkiye, and the United States with total employees currently
reaching ± 360,000 people.
Financially, in 2024, according to its
annual report, Charoen Pokphand’s global revenue reached THB 586 billion or
equivalent to USD 17.5 billion and successfully gained net income of THB 22.2
billion or equivalent to USD 0.66 billion. In terms of financial position,
according to its balance sheet, Total Assets of Charoen
Pokphand Foods reached THB 876 billion or equivalent to USD 26.2 billion
with total liabilities of around THB 583 billion or equivalent to USD 17.5
billion.
14. Sumitomo Chemical
Sumitomo Chemical Co., Ltd., or Sumitomo Kagaku
Kabushiki-gaisha is an experienced agrochemical company. Historically,
the foundation of Sumitomo Chemical in business was located in Ehime, September
1913. In the early years, this company produced some fertilizer, namely calcium
superphosphate fertilizer and diversified their business in agrochemicals.
Operationally, this company has a main office in Tokyo Sumitomo Twin Building
(East), 27-1, Shinkawa 2-chome, Chūō, Tokyo.
Financially, in 2024, according to the financial performance of the Annual Report,
the company successfully generated total revenue around JPY 2,606 billion or
equivalent to USD 18.5 billion and gaining net income reaching JPY 38 billion
or equivalent to USD 0.27 billion. In terms of financial position in 2024 based
on the balance sheet of Sumitomo Chemical in 2024, this company has total
assets around JPY 3,934 billion or equivalent to USD 27.9 billion and total
liabilities around JPY 2,770 billion or equivalent to USD 19.6 billion.
15. BASF
Badische
Anilin- und Soda-Fabrik or better known as BASF is a chemical
company founded in 1865 by Friedrich Engelhorm and headquartered in
Ludwigshafen am Rhein, Germany. This company is one of the largest chemical and
pesticide companies from Germany besides Bayer AG with a diversified business
products in the field of plant protection. On pest control products, BASF
has some products on crop protection/ pesticides. This pesticide brands from
BASF include Ascend, Fastac, Kotetsu, Perfekthion, Regent, Stampede and many
more.
Financially, in 2024, BASF succesffuly gained total revenue around EUR 65.2
billion or equivalent to USD 72.3 billion and this company successfully has positive performance which reaping
net income of around EUR 1.45 billion or equivalent to USD 1.60 billion.
Furthermore, related to financial position, based on the balance sheet of BASF
in 2024, this company has total assets of EUR 80.4 billion or equivalent to USD
89.2 billion and total liabilities around EUR 43.5 billion or equivalent to USD
48.2 billion.
16. WestFarmers
From its origins in 1914 as
a ‘Western Australian farmers’
cooperative, Wesfarmers has developed into one of Australia’s largest companies
with many diversified businesses. Specifically in the Chemicals, Energy and
Fertilisers business, Wesfarmers manages nine businesses in Australia and had employed
almost 1,500 team members in dealing with production and distribution
facilities and support offices. Through Wesfarmers Chemicals, Energy &
Fertilisers (WesCEF), this company produces and markets chemicals, fertilisers,
and gas products. Geographically, WesCEF has ammonia and ammonium nitrate
production facilities in Western Australia.
Financially, according to
its annual report in 2024, Wesfarmers has total assets of USD 27.3 billion with
total liabilities of around USD 18.7 billion. In terms of business performance
in 2024, Wesfarmers successfully gained total revenue of around USD 44.1
billion with net income of around USD 2.5 billion.
17. Muyuan Foodstuff
Muyuan Foodstuff is a Chinese food
company that concentrated in Pork raising and production. Historically, this
company was founded by Qin Yinglin
and Qian Ying in 1992. Along with
business development, Muyuan Foodstuff can slaughter approximately five million
pigs per year. Financially, according to its annual report in 2024, the Muyuan Foodstuff has total assets
around RMB 187 billion or equivalent to USD 26.1 billion with total liabilities
around RMB 115 billion or equivalent to USD 16.1 billion. Based on the business
performance in 2024, the Muyuan Foods successfully generated revenue RMB 137
billion or equivalent to USD 19.18 billion and gained net income of RMB 18.7
billion or equivalent to USD 2.6 billion.
Summary of the 15 World’s Largest Agricultural Companies in 2024 Based on Total Assets
Summary of the 15 World’s Largest Agricultural Companies in 2024 Based on Net Income
The Reference of the 15 World’s Largest Agricultural Companies in 2024
Archer Daniels Midland. 2025. Annual Report 2024. Accessed
via https://investors.adm.com/financials/annual-reports/default.aspx on 15 May 2025.
FMC. 2025. Annual Report 2024. Accessed via https://investors.fmc.com/financials/annual-reports-and-proxy-statements/default.aspx
on May 16, 2025.
Nutrients. 2025. Annual Report 2024. Accessed via https://www.nutrien.com/investors/financial-reporting on 19 May 2025.
Tyson Food. 2025. Annual Report 2024. Accessed via https://ir.tyson.com/reports/annual-reports/default.aspx
on 18 May 2025.
Deere and Co. 2025. Annual Report 2024. Accessed via https://investor.deere.com/home/ on 17 May 2025.
Corteva. 2025. Annual Report 2024. Accessed via https://investors.corteva.com/financial-information/default.aspx#sec-filings
on May 14, 2025.
Yara International. 2025. Annual Report 2024. Accessed
via https://www.yara.com/investor-relations/latest-annual-report/ on 13 May 2025.
Syngenta AG. 2025. Annual Report 2024. Accessed via https://www.syngenta.com/sites/syngenta/files/bond-investor-information/financial-results/Syngenta-AG-2020-Financial-Report.pdf on 19 May 2025.
JBS. 2025. Annual
Report 2024. Accessed via https://ri.jbs.com.br/en/financial-information/annual-reports/
on June 6th, 2025.
Sumitomo Chemical. 2025.
Annual Report 2024. Accessed via https://www.sumitomo-chem.co.jp/english/ir/library/annual_report/
on June 6th, 2025.
Westfarmers. 2025. Annual
Report 2024. Accessed via https://www.wesfarmers.com.au/investor-centre/company-performance-news/reports
on June 6th, 2025.
Charoen Pokphand Foods.
2025. Annual Report 2024. Accessed via https://www.cpfworldwide.com/index.php/en/investors/annual
on June 6th, 2025.
Muyuan Food. 2025. Annual
Report 2024. Accessed via https://www.wsj.com/market-data/quotes/CN/XSHE/002714/financials/annual/income-statement
on June 6th, 2025.
WH Group. 2025. Annual
Report 2024. Accessed via https://www.wh-group.com/html/ir_report.php
on June 6th, 2025.