Global Food, Beverage & Tobacco Undiscovered Gems With Strong Fundamentals

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 276.8b

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

Zambia Sugar

Market Cap: K13.2b

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

Besler Gida Ve Kimya Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺8.9b

Produces and trades in frozen and canned products in Turkey.

Ve Wong

Market Cap: NT$9.8b

Produces and distributes foods, drinks, and seasonings in Taiwan, Thailand, and Vietnam.

Lotus Chocolate

Market Cap: ₹18.1b

Manufactures and sells chocolates, cocoa products, and cocoa derivatives to chocolate makers and users in India.

Nofoth Food Products

Market Cap: ر.س1.3b

Produces and sells bakery products in Saudi Arabia.

Taisun Enterprise

Market Cap: NT$9.9b

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

Segmen Kardesler Gida Üretim ve Ambalaj Sanayi Anonim Sirketi

Market Cap: ₺4.1b

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

Standard Foods

Market Cap: NT$30.1b

Manufactures and sells nutritious foods, edible oil, dairy products, and beverages in Taiwan and internationally.

TSTE

Market Cap: ฿4.3b

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

Nanfang Black Sesame GroupLtd

Market Cap: CN¥4.6b

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

PAN Group

Market Cap: ₫5.7t

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

Kanro

Market Cap: JP¥64.7b

Manufactures and sells confectionery and food products in Japan.

Shandong Sinoglory Health Food

Market Cap: CN¥2.2b

Manufactures soy proteins in China.

Anji Foodstuff

Market Cap: CN¥2.6b

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

Torigoe

Market Cap: JP¥21.2b

Manufactures and sells flours and related products in Japan.

Nestlé Pakistan

Market Cap: PK₨318.1b

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

Tibet Development

Market Cap: CN¥2.2b

Engages in the production and sale of beer in China.

Yukiguni Factory

Market Cap: JP¥43.3b

Manufactures and sells mushrooms and other processed food in Japan.

Imuraya Group

Market Cap: JP¥31.6b

Manufactures and sells various food products in Japan and internationally.

AB Vilkyskiu pienine

Market Cap: €135.6m

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

Indofood Agri Resources

Market Cap: S$446.7m

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

Natural Food International Holding

Market Cap: HK$1.7b

An investment holding company, engages in the manufacture and sale of natural health food products in China.

Sechaba Brewery Holdings

Market Cap: P3.8b

An investment holding company, manufactures, imports, markets, and distributes alcoholic and non-alcoholic beverages in Botswana.

Societe Ivoirienne Des Tabacs S A

Market Cap: XOF 321.4b

Operates as a subsidiary of Imperial Tobacco Group plc.

Organización Cultiba. de

Market Cap: Mex$7.3b

Produces, distributes, and sells beverages in Mexico and internationally.

British American Tobacco Uganda

Market Cap: USh736.2b

Engages in the importation, distribution, and sale of cigarettes in Uganda.

Honeywell Flour Mills

Market Cap: ₦170.5b

Manufactures and markets wheat-based products in Nigeria.

Lasco Manufacturing

Market Cap: JA$28.1b

Manufactures and sells soy-based products primarily Jamaica.

KENKO MayonnaiseLtd

Market Cap: JP¥25.3b

Engages in the manufacture and sale of salads and delicatessen, mayonnaise, dressings, sauces, and egg products in Japan.

Gokul Agro Resources

Market Cap: ₹43.0b

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

Qingdao Foods

Market Cap: CN¥2.6b

Engages in the production and sale of biscuits and other baked food in China.

Som Distilleries & Breweries

Market Cap: ₹33.5b

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

Yayla Agro Gida Sanayi ve Ticaret

Market Cap: ₺10.9b

Produces and sells various food and grains in Turkey and internationally.

Salim Ivomas Pratama

Market Cap: Rp7.8t

Produces and sells edible oils and fats in Indonesia, China, Singapore, Timor Leste, Nigeria, Haiti, Germany, the Philippines, Papua New Guinea, and internationally.

Victorias Milling Company

Market Cap: ₱10.5b

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