Global Food, Beverage & Tobacco Undiscovered Gems With Strong Fundamentals

Torigoe

Market Cap: JP¥23.2b

Manufactures and sells flours and related products in Japan.

Anji Foodstuff

Market Cap: CN¥3.1b

Engages in the research and development, production, and sale of condiments in China and internationally.

Nestlé Pakistan

Market Cap: PK₨379.6b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Taisun Enterprise

Market Cap: NT$9.1b

Engages in the processing, manufacturing, wholesaling, and retailing of oil, food and beverages, and flour products in Taiwan.

Imuraya Group

Market Cap: JP¥32.5b

Manufactures and sells various food products in Japan and internationally.

Shandong Sinoglory Health Food

Market Cap: CN¥2.3b

Manufactures soy proteins in China.

PAN Group

Market Cap: ₫7.1t

Engages in agricultural, food, financial investment, and other related activities in Vietnam and internationally.

Natural Food International Holding

Market Cap: HK$2.0b

An investment holding company, manufactures and sells natural health food products in China.

Kanro

Market Cap: JP¥88.8b

Manufactures and sells confectionery and food products in Japan.

Indofood Agri Resources

Market Cap: S$502.5m

Operates as a vertically integrated agribusiness company in Singapore, Indonesia, China, Nigeria, Timor Leste, and internationally.

Tibet Development

Market Cap: CN¥2.8b

Engages in the production and sale of beer in China.

TSTE

Market Cap: ฿4.4b

Primarily engages in the production and distribution of wheat flour in Thailand.

Kaneko Seeds

Market Cap: JP¥15.7b

Engages in the agribusiness in Japan.

Nofoth Food Products

Market Cap: ر.س1.1b

Produces and sells bakery products in Saudi Arabia.

Nanfang Black Sesame GroupLtd

Market Cap: CN¥4.9b

Researches, develops, produces, and sells black sesame health products in China.

Segmen Kardesler Gida Üretim ve Ambalaj Sanayi Anonim Sirketi

Market Cap: ₺4.3b

Engages in the production and sale of food products in Turkey.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 308.6b

Engages in the manufacture and sale of beer, soft drinks, mineral water, alcomixes, and energy drink products.

PINAGO UTAMA

Market Cap: Rp1.9t

Engages in the oil palm and rubber plantation business in Indonesia.

Zambia Sugar

Market Cap: K14.3b

Engages in growing of sugar cane in Zambia, the Democratic Republic of Congo, Kenya, and South Africa.

AB Vilkyskiu pienine

Market Cap: €121.8m

Engages in the production and sale of dairy products in Lithuania, the rest of the European Union, and internationally.

Besler Gida Ve Kimya Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺10.1b

Produces and trades in frozen and canned products in Turkey.

Daodaoquan Grain and OilLtd

Market Cap: CN¥3.9b

Operates as an oil processing company in China.

Nichimo

Market Cap: JP¥21.7b

Primarily manufactures and sells fish products in Japan and internationally.

Rokiskio Suris

Market Cap: €128.2m

Engages in the production and sale of fermented cheese, whey, and skimmed milk powder products in Lithuania.

Far East Holdings Berhad

Market Cap: RM 2.4b

Engages in the cultivation of oil palms in Malaysia.

Iwatsuka Confectionery

Market Cap: JP¥31.6b

Manufactures and sells rice crackers in Japan.

Som Distilleries & Breweries

Market Cap: ₹28.4b

Engages in the manufacture and sale of beer and Indian made foreign liquor in India.

AVT Natural Products

Market Cap: ₹11.0b

Engages in the production, trading, and distribution of oleoresins, and value-added tea and animal nutritional products in India, Europe, the United States, and internationally.

Key Coffee

Market Cap: JP¥42.8b

Engages in the coffee business in Japan and internationally.

Pakistan Tobacco

Market Cap: PK₨339.3b

Manufactures and sells, tobacco, velo, and vuse in Pakistan and internationally.

Victorias Milling Company

Market Cap: ₱11.5b

Operates as an integrated raw and refined sugar company in the Philippines.

Teladan Prima Agro

Market Cap: Rp9.1t

Engages in managing palm oil plantations, mills, and renewable energy businesses in Indonesia.

Gokul Agro Resources

Market Cap: ₹48.9b

Engages in the manufacture and trading of edible and non-edible oils, meals, and other agro products in India.

Oenon Holdings

Market Cap: JP¥33.9b

Engages in development of alcoholic beverages, enzymes, pharmaceuticals, real estate, and other businesses based on biotechnologies derived from fermentation technologies in Japan.

Bull-Dog Sauce

Market Cap: JP¥27.1b

Manufactures and sells brown sauces and other seasonings in Japan.

Qinqin Foodstuffs Group (Cayman)

Market Cap: HK$943.5m

An investment holding company, engages in manufacturing, distributing, and selling food and snacks products in the People's Republic of China.