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This statistic highlights General Mills’ Revenue Breakdown by Region, split between the United States and other International countries, reported annually from 2013 onwards.
General Mills is the leading worldwide maker and advertiser of branded customer foods sold through retail stores.
|Revenue by region||2018||2019||2020||Contribution in 2020|
|International (Rest of the World)||$4.62||$4.40||$4.26||24%|
(All figures are in billions, except percentages)
General Mills’ Revenue increased from $15.74 billion in 2018 to $16.86 billion in 2019, which was an increase of 7.11% on a year-on-year basis, while it increased from $16.86 billion in 2019 to $17.62 billion in 2020, which was an increase of 4.51% on a year-on-year basis. The United States accounts for a maximum contribution of about 76% of the total revenue, which is $13.36 billion. On the contrary, the revenue from International countries accounts for just 24% of the total revenue.
In the United States, General Mills works in its Convenience Stores & Foodservice and Pet operating segments. The majority of the principal raw materials, very much like, grains (wheat, oats, and corn), dairy products, sugar, fruits, vegetable oils, meats, nuts, vegetables, and other agricultural products along with significant amounts of carton board, corrugated, plastic and metal bundling materials, working supplies, and energy, that company utilizes, are bought from providers in the United States. The company, in the United States, offers to merchants and administrators through various customer channels including food service, corner stores, distributing, and general store bread shops.
The majority of the total revenue of the company is generated by the United States with a contribution of 76%. In fiscal 2020, the revenue of General Mills from operations in the United States, increased by $900 million as compared to fiscal 2019.
Other International Countries (Rest of the World)
General Mills manufactures their products in 13 nations and market them in excess of 100 nations. Apart from the consolidated operations, General Mills has a 50% premium in two key joint endeavors that manufacture and market food items sold in excess of 120 nations around the world. The Cereal Partners Worldwide (CPW) joint endeavor with Nestlé S.A. (Nestlé) contends in the ready to-eat grain classification in business sectors outside North America, and Häagen-Dazs Japan, Inc. (HDJ) joint endeavor contends in the super-superior frozen yogurt classification in Japan.
About General Mills Inc.
General Mills Inc. is a global packaged foods company. The company is the main provider of marked and unbranded food items to the North American food administration and commercial baking enterprises. They are also a dominant manufacturer and marketer in the wholesome natural pet food category. They develop distinctive value-added food products and market them under unique brand names.
Founded on 20 June 1928, by James Ford Bell, it is headquartered in Minneapolis, Minnesota. General Mills businesses are organized into five operating segments: North America Retail; Europe & Australia; Convenience Stores & Foodservice; Pet, and Asia & Latin America. Its common stocks are listed on the New York Stock Exchange under the ticker ‘GIS’.
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