1978 marked the first chapter of Charoen Pokphand Foods PCL (CPF). CPF is an agriculture leg of the Charoen Pokphand Group, which was originally founded in 1921; the group also owns the
. Commenced as an animal feed and farming business, CPF has grown into an agri-food conglomerate. Over the years,
, and it has become one of the biggest feed producers in the world. Furthermore, the company has a significant presence in producing poultry, pork, seafood, and other food products. Therefore, exposure to food products with the CP logo is almost inevitable in Thailand.
Business structure of CPF
Headquartered in Thailand, CPF bundles its competencies in core businesses, including animal feed production, livestock farming, aquaculture, and food processing. The company has a comprehensive supply chain involvement. Livestock and aquaculture are the two segments of the company, which can be distributed into the
three main business lines: feed, food, and farming. CPF’s feed business covers the sourcing of raw materials, manufacturing, and the distribution of animal feed. On the other hand, the farming business primarily engages in breeding and farming for commercial purposes.
The company’s food business segment handles the processing and production of fresh and cooked food products, as well as ready-to-eat meals. Livestock operations include chicken broilers, chicken layers, ducks, and swine. In aquaculture, the two main marine animals are shrimp and fish. This all-around business model allows the company to deliver from animal feed to food processing. Despite suffering a net loss in 2023, the business bounces back the following year with a notable boost in profits. As of June 2025, CPF still ranked second by
revenue among the listed companies on the Stock Exchange of Thailand.
CPF as a global player
Overseas operations across 13 countries generated nearly two-thirds of the company’s revenue in 2024. CPF is present in Asia, Europe, North America, and South America, with China and Vietnam as the head. The company does not shy away from acquisitions. Its high-profile acquisitions include Bellisio Foods, Inc., one of the largest frozen food suppliers in the United States, as well as Westbridge Foods Group Ltd., a major British poultry producer. In 2024, through Westbridge Foods, CPF purchased 65 percent of Newburgh Foods Limited, an English food production and trading company. Like many large corporations, CP Foods has implemented sustainability initiatives to address environmental and social concerns associated with the food industry, and it has been on the Dow Jones Sustainability Index (DJSI) in the food products sector for multiple years.
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