Business Market - Minerva Foods | Criando conexões entre pessoas, alimentos e natureza.

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Number of operating units

2-6 FB-MP-000.A SDG 12
2020 2021 2022
Cattle slaughter units 25 25 25
Sheep slaughter units - 2 4
Protein processing units 3 3 3
Distribution centers 14 14 14
Commercial offices 16 16 12


With a business model based on an integrated platform, with geographical diversification and flexibility in accessing, processing and selling animal protein, the Company owns 29 industrial units for slaughtering and deboning cattle and sheep and three protein processing plants, of which one in Brazil and two in Argentina. To guarantee its export business, Minerva Foods has 12 commercial offices, two protein trading companies and 14 distribution centers (11 in Brazil, 1 in Paraguay, 1 in Argentina and 1 in Chile).

Sales amount

GRI 201-1
2020 2021 2022
Total sales volume (thousand tons) 1.051,80 1.161,00 1.223,70


Financial results

GRI 201-1
2020 2021 2022
Gross Revenue (BRL million) 20,554.30 28,572.30 32,898.00
Export Market (BRL million) 13,865.50 19,312.10 22,553.60
Domestic Market (BRL million) 6,688.80 9,260.20 10,344.30
Net Revenue (BRL million) 19,406.30 26,965.40 30,977.80
Net Income (BRL million) 697,10 598,90 655,1


The performance of Minerva Foods in 2022 reflected its solid position in the international market, with 69% of consolidated gross revenue generated by exports. The foreign market continued to be quite vibrant, offering great opportunities for exporters from South America. The strong imbalance between supply and demand created new opportunities in various markets, such as Asia, the United States and the Middle East. Together, they represented approximately 63% of Minerva Foods’ consolidated exports for the year.
Looking ahead, the global supply of beef is expected to continue to decline, a dynamic that is likely to be accentuated by the sharp curtailment of North American production in the coming years. In contrast, due to the renewed start of the cattle cycle, Brazil recorded an increase in the availability of cattle, a trend that should continue in the 2023-2024 biennium. When considered alongside the climatic scenario that impacts global grain production, reflecting on the production costs of alternative proteins such as chicken and pork, South America’s competitiveness in the international beef market should be further amplified.