United States Food Ranking 2024

SANTA CLARA, Calif. - July 10, 2024 - PRLog -- RealRate Inc.
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Press Release

U.S. Food Ranking 2024

The new Food industry rating for 2024 has just been released by RealRate.

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

1.    LANCASTER COLONY CORP. – 237%
2.    MEDIFAST INC. – 231%
3.    J&J SNACK FOODS CORP. – 230%

The complete rating of 45 Food companies is published at https://realrate.ai/rankings/
11 companies achieved the 'Top Rated' award.

Founded in 1961 and based in Westerville, Ohio, Lancaster Colony Corporation is a manufacturer and marketer of specialty food products for the retail and food service markets. Its current assets are $1.1 billion.

Headquartered in Baltimore, Maryland, and founded in 1981, Medifast Inc. operates as a health and wellness company. The Company offers habit-based and coach-guided lifestyle solutions that deliver health and wellness plans, as well as providing treatment plans for obesity and other health conditions. It has total current assets of $310 million.

J&J Snack Foods Corp. is an American manufacturer, marketer, and distributor of name-brand snack foods and frozen beverages. It uses over 175 facilities for manufacturing, warehousing, and distributing located in 44 states of the U.S., Mexico, and Canada. It was founded in 1971 and is based in Pennsauken Township, New Jersey. It has current assets of $1.2 billion.

CEO Dr. Holger Bartel: "The American food industry generates over $1.4 trillion annually, driven by diverse sectors including agriculture, food processing, and restaurants.
Innovations in plant-based foods and sustainability are reshaping the industry, reflecting changing consumer preferences toward health and environmental consciousness.

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.