Fresh Del Monte Produce Inc.

Headquarters: Florida, US

Founded: 1886

Workforce: ~42,000

Company Working: Fresh Del Monte Produce Inc., is a producer, marketer, and distributor of fruits and vegetables. It offers high-quality products in the form of fresh fruits and vegetables as well as freshly-cut fruits and vegetables. It also offers juices, beverages, and snacks. The company operates in the regional markets of the Middle East, Europe, and Africa. It offers its products under the brand name DEL MONTE. It sources its products from self-owned farms and independent growers located in the Americas, Africa, Asia, and Europe. It distributes its products through a global network of retail stores, club stores, wholesalers, distributors, and foodservice operators. It operates under three main business segments, namely, Banana, other fresh produce, and prepared food.

The main strategy adopted by Fresh Del Monte Produce Inc. is to expand into new markets to maximize revenue. It is focusing on increasing its production volume to cater to the surging demand for fresh produce and lower the per unit costs. The company is investing in its production facilities to expand its product offerings in established markets. It is taking up mergers and acquisitions to expand its product portfolio.