United States Food Ranking 2023

SANTA MONICA, Calif. - July 5, 2023 - PRLog -- RealRate Inc.

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Press Release

U.S. Food Ranking 2023

The new Food industry rating for 2023 has just been released by RealRate.

These are the top three Food companies in the U.S., measured by Economic Capital Ratio:

1. TYSON FOODS INC. – 244.49%
2. LANCASTER COLONY CORP – 239.32%
3. BRIDGFORD FOODS CORP – 238.31%

The complete rating of 49 companies is published in https://realrate.ai/rankings/

12 companies achieved the 'Top Rated' award.

Tyson Foods was founded in 1935 and is headquartered in Springdale, Arkansas. It is an American multinational, and the company is the world's second-largest processor and marketer of chicken, beef, and pork. It has current total assets of $36 million. Lancaster Colony Corporation is also a stalwart of the food industry, having been founded in 1967, and is based in Westerville, Ohio. It is a manufacturer and marketer of specialty food products for the retail and food service markets. Total assets are just over $1 billion. Bridgford Foods is based in Anaheim, California and was founded in 1932. It manufactures frozen bread dough, biscuits, cinnamon roll doughs, sandwiches, beef jerky, snacks, and deli foods. Total assets are currently $176 million.

CEO Dr. Holger Bartel: "The U.S. Food Industry is a $6 trillion industry, with over $800 billion in both the sales of retail food and beverage stores and grocery store sales.

Shopping in supermarkets is preferred in the U.S. over online orders. However, this could radically change in the future with the digital market expected to show promising growth in the coming years.

High financial strength is the most important key figure for customers overall, ensuring profitable consumer food operations along the whole production cycle."

About RealRate:

RealRate is an international rating agency based in Santa Clara and Berlin, founded in 2021. Using cutting-edge explainable Artificial Intelligence, we provide fair company ratings, avoiding any conflicts of interest. Combining AI and expert knowledge, financial strength is evaluated based on published annual reports. RealRate provides rankings for dozens of industries, like insurance, IT, real estate, food, and pharma. Only the best-rated companies are awarded the RealRate TOP Rated seal.