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Mars Inc. - Company Profile

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Mars Inc. - Overview

Description
Mars is a private company with an estimated 130,000 employees. In the US, the company has a notable market share in at least seven industries: Animal Food Production, Chocolate Production, Candy Production, Confectionery Wholesaling, Pet Food Production, Dry Pet Food Production, Premium Pet Food Production and Animal Food Production. Their largest market share is in the Chocolate Production industry, where they account for an estimated 28.7% of total industry revenue.
Company Details

Registered Name: Mars Inc.

Company Type: Other

Employees: 130000

Mars Inc. - Operating Industries and Main Competitors

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Mars Inc. - Products and Services

  • Animal Food Production in the US

    • Of the 6 core revenue-generating products and services in the Animal Food Production in the US industry, Mars Inc. offers:
    • Cat food
    • Dog food
    • Other animal foods

  • Pet Food Production in the US

    • Of the 3 core revenue-generating products and services in the Pet Food Production in the US industry, Mars Inc. offers:
    • Cat food
    • Dog food
    • Other
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Mars Inc. - Analyst Insights

Mars experienced substantial growth by diversifying their portfolio through strategic acquisitions

Mars Inc. has made a slew of acquisition in recent years to diversify their portfolio and branch out into other industries. Most notably, the company is now a prominent player within the pet service industry through its acquisitions of Blue Pearl in 2015, VCA Animal Hospitals in 2017 and Linnaeus Group in 2018. The pet care industry has boomed throughout the COVID-19 (coronavirus) pandemic and continues to experience double digit growth. Consequently, company revenue has increased over 50.0% to reach an estimated $45.0 billion in 2021 (latest data available). Company employment has also risen to meet downstream demand, reaching 140,00 total employees in 2021, 85,000 of which are employed within the company’s pet care segment.

Balance Sheet|New Activity|M&A


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Mars Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Mars Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Animal Food Production in the US, Confectionery Wholesaling in the US, and Pet Food Production in the US industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
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Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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