About Hormel Foods
Hormel Foods is a company based in Austin (United States) founded in 1891. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. The company has 20,000 employees as of October 31, 2024. Hormel Foods has completed 15 acquisitions, including Applegate, Applegate Farms and Century Foods International. Hormel Foods offers products and services including HORMEL® Pepperoni, PLANTERS® Trail Mix, SPAM® Brand, and HORMEL GATHERINGS®. Hormel Foods operates in a competitive market with competitors including Panera Bread, Mars, HumanCo, Belgian Boys and Nona Lim, among others.
- Headquarter Austin, United States
- Employees 20000 as on 31 Oct, 2024
- Stage Public
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Hormel Foods Corporation
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IPO & Listings of Hormel Foods
Hormel Foods is a publicly listed company on the NYSE with ticker symbol HRL in USA, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Hormel Foods
Hormel Foods offers a comprehensive portfolio of products and services, including HORMEL® Pepperoni, PLANTERS® Trail Mix, SPAM® Brand, and HORMEL GATHERINGS®. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Pepperoni products are offered for pizza and snacks.
Trail mix blends are provided with premium nuts.
Canned meat products are sold as global staples.
Snacking and entertaining products are widely distributed.
Funding Insights of Hormel Foods
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2024 | Amount | Post-IPO - Hormel Foods | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Hormel Foods
Hormel Foods has secured backing from 1 investor. Prominent investors backing the company include ACA Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Regulatory software and compliance services are provided for financial institutions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hormel Foods
Hormel Foods has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include Applegate, Applegate Farms and Century Foods International. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Peanut butter products are manufactured and sold by Justin's.
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2004 | ||||
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Dairy proteins, nutritional products, and powder blends are manufactured.
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1998 | ||||
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Sports-oriented nutritional products and supplements are manufactured and distributed.
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1998 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hormel Foods
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hormel Foods Comparisons
Competitors of Hormel Foods
Hormel Foods operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Panera Bread, Mars, HumanCo, Belgian Boys and Nona Lim, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of bakery-cafe services and a loyalty program
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| domain | founded_year | HQ Location |
Grains, legumes, snacks, pet care, and confectionery products are produced.
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| domain | founded_year | HQ Location |
Venture capital investments are directed across multiple sectors by HumanCo.
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| domain | founded_year | HQ Location |
Internet first brand of cookies, desserts, and chocolate products
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| domain | founded_year | HQ Location |
Dairy-free and gluten-free convenience foods are produced by Nona Lim.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hormel Foods
Frequently Asked Questions about Hormel Foods
When was Hormel Foods founded?
Hormel Foods was founded in 1891 and raised its 1st funding round 133 years after it was founded.
Where is Hormel Foods located?
Hormel Foods is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
How many employees does Hormel Foods have?
As of Oct 31, 2024, the latest employee count at Hormel Foods is 20,000.
What is the annual revenue of Hormel Foods?
Annual revenue of Hormel Foods is $12.11B as on Oct 31, 2025.
What does Hormel Foods do?
Hormel Foods is established as a global branded food company with over 40 leading brands in categories like meat, proteins, and snacks. Operations are conducted in more than 80 countries, including key markets such as China, Japan, and Australia. Products are developed to be flavorful, nutritious, and convenient, catering to diverse consumer needs. The company is committed to sustainability and community impact through its Good Feeds Us All framework. Innovation is prioritized with new product launches and modern twists on staples. A workforce of over 20,000 employees worldwide is united by a shared purpose.
Who are the top competitors of Hormel Foods?
Hormel Foods's top competitors include Panera Bread, HumanCo and Belgian Boys.
What products or services does Hormel Foods offer?
Hormel Foods offers HORMEL® Pepperoni, PLANTERS® Trail Mix, SPAM® Brand, and HORMEL GATHERINGS®.
Is Hormel Foods publicly traded?
Yes, Hormel Foods is publicly traded on NYSE under the ticker symbol HRL.
How many acquisitions has Hormel Foods made?
Hormel Foods has made 15 acquisitions, including Applegate, Applegate Farms, and Century Foods International.
Who are Hormel Foods's investors?
Hormel Foods has 1 investor. Key investors include ACA Group.
What is Hormel Foods's ticker symbol?
The ticker symbol of Hormel Foods is HRL on NYSE.