The main competitors of Bachoco include JBS USA Holding, Tyson Foods, Cargill, Sysco Corp and Smithfiels Foods.
Industrias Bachoco owns and manages more than 1,000 facilities, organized into nine production complexes and more than 80 distribution centers in Mexico, and one production complex in the United States.
In addition to Tyson Foods and Sanderson Farms, other key competitors in the poultry and food processing industry include Hormel Foods, Perdue Farms, Osí Group, Conagra Foods, and Pilgrim’s Pride Corporation.
Pilgrim’s Pride Corporation, a significant player in the industry, specializes in the production, processing, marketing, and distribution of fresh, frozen, and value-added chicken and pork products to retailers, distributors, and food service operators. The company is majority-owned by JBS S.A., which, through its indirect subsidiaries, holds 80.21% of the outstanding common stock of Pilgrim’s Pride Corporation.
Industrias Bachoco is the leader in the Mexican poultry industry and, according to WATTPoultry, one of the largest poultry meat producers worldwide.
In 2011, the company entered the U.S. chicken market through the acquisition of OK Foods.
Bachoco
In Mexico, Industrias Bachoco’s core business is poultry (chicken and egg products), but it also produces and sells a wide range of other products, which it refers to as «others,» including, among others, balanced feed, pet food, value-added pork, beef and turkey products, breeders and day-old chicks, as well as a laboratory that produces vaccines for the poultry industry and other similar industries.
Tyson Foods, meanwhile, is one of the world’s largest food companies and a recognized leader in protein.
Tyson Foods, headquartered in Springdale, Arkansas, employed approximately 142,000 individuals as of October 1, 2022. Another major player in the poultry industry is Sanderson Farms, incorporated in Mississippi in 1955. Sanderson Farms is a fully integrated poultry processing company that handles the production, processing, marketing, and distribution of both fresh and frozen chicken products. Additionally, it processes, markets, and distributes processed and minimally prepared chicken.
For the fiscal year ending October 31, 2021, Sanderson Farms processed around 661 million chickens, equating to approximately 4.9 billion dressed pounds. Based on 2021 industry statistics, the company was the third-largest processor of dressed chicken in the United States, measured by average weekly pounds processed.
Finally, Chicago-based Conagra Brands is another of North America‘s leading branded feed companies. It uses many different raw materials, including wheat, corn, oats, soybeans, beef, pork, poultry, steel, aluminum and energy.