China National Cereals, Oils and Foodstuffs Corporation Overview
Pro stress-test →COFCO is a Chinese state-owned food processing holding company and China's largest food processor, manufacturer and trader. Founded in 1949, COFCO has become a leading supplier of agri-products with grain, oil, sugar and cotton forming its core business and businesses ranging from branded products to financial services and real estate.
Strategic Profile
Pro stress-test →The establishment of COFCO International in the mid-2010s marked its entry as a global grain trader, and through acquisitions of Noble Agri and Nidera, COFCO gained strong footholds in South America and the Black Sea region. With assets approaching RMB 700 billion and revenues surpassing RMB 635 billion in 2024, it operates across six continents, handling roughly 180 million tonnes of agricultural products annually.
Competitive Landscape
Pro stress-test →COFCO is one of Asia's leading agribusiness groups alongside Wilmar International. Domestically, COFCO maintains quasi-monopolistic status in strategic grain and oil trade. Internationally, it competes with major global agribusiness traders including ADM, Bunge, and Cargill.
Industry Context
China National Cereals, Oils and Foodstuffs Corporation operates in Agriculture & Food Processing / Agribusiness.
Key facts
Founded: 1949 · Headquarters: Beijing, China · Employees: 10,000+ overseas; 60,000+ total (2007 figure) · Revenue: RMB 635 billion (2024)