JBS sees European acquisitions as meat market remains fragmented

17/09/2025
Food and tannery group JBS sees Europe as a key growth area due to its fragmented market, Reuters reported.

Controlling shareholder Wesley Batista said at a live-broadcast event on September 16 that “there are lots of opportunities in Europe and in other countries,” though expansion in the US and Brazil meat market is restricted by antitrust limits.

JBS listed in New York earlier this year, giving it access to more investors and lowering capital costs as it competes with US rival Tyson and Brazilian peers such as Minerva.

Batista also noted that the growing use of weight-loss drugs like Mounjaro and Ozempic is supporting global protein demand, though he said data on the impact remains limited.