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Hormel Foods Corporation competes with several companies in the food industry, including Tyson Foods, Conagra Brands, and Kraft Heinz. These competitors offer a range of products in the processed meats, packaged foods, and snacks categories. Hormel's focus on innovative products, such as its natural and organic lines, helps differentiate it in a competitive market. Additionally, regional and niche brands also pose competition, particularly in specific product categories.
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