Protein is vital to a nutritious and well-balanced diet. The rise in low-carb, paleo and ketogenic diets in recent years, along with the growing body of research that supports the role of protein in health, has amplified interest in protein-rich foods. Consumption of beef, chicken, pork and turkey have each been on a steady incline over the past five years, reaching record highs in the U.S. during 2018, according to the U.S. Department of Agriculture. Responding to consumers looking to add more protein to their diets, we offer a broad portfolio of protein products that include such top-selling brands as Jimmy Dean®, Tyson®, Hillshire Farm®, Ball Park®, and Aidells®.
In 2018, we expanded our protein offerings by acquiring Keystone Foods, which increases our value-added protein Consumer Nutrition — We’re committed to offering product options that meet the unique nutrition needs of our diverse consumers capabilities with its portfolio of chicken nuggets, wings and tenders, and breaded fish fillets. We also acquired Tecumseh Poultry, making us one of the nation’s leading producers of organic branded chicken. The purchase included the air-chilled Smart Chicken® brand. And in February 2019, we announced a definitive agreement to acquire the Thai and European operations of BRF S.A. This purchase includes four processing facilities in Thailand, one processing facility in the Netherlands and one processing facility in the United Kingdom. This deal builds on our growth strategy to expand offerings of value-added protein in global markets.