Global Food, Beverage & Tobacco Undiscovered Gems With Strong Fundamentals

KENKO MayonnaiseLtd

Market Cap: JP¥25.6b

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

Takara Holdings

Market Cap: JP¥231.1b

Primarily manufactures and sells alcoholic beverages, seasonings, and raw alcohol worldwide.

Gokul Agro Resources

Market Cap: ₹44.0b

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

Key Coffee

Market Cap: JP¥41.9b

Engages in the coffee business in Japan and internationally.

Rokiskio Suris

Market Cap: €121.3m

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

Wilmar Cahaya Indonesia

Market Cap: Rp1.8t

Produces and sells vegetable and specialty oils for the food industry in Indonesia and internationally.

Daodaoquan Grain and OilLtd

Market Cap: CN¥3.3b

Operates as an oil processing company in China.

Victorias Milling Company

Market Cap: ₱10.4b

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

Som Distilleries & Breweries

Market Cap: ₹33.6b

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

British American Tobacco Uganda

Market Cap: USh736.2b

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

Qingdao Foods

Market Cap: CN¥2.7b

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

Yayla Agro Gida Sanayi ve Ticaret

Market Cap: ₺10.9b

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

Sechaba Brewery Holdings

Market Cap: P3.8b

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

Socfinaf

Market Cap: €335.3m

Through its subsidiaries, primarily engages in the production, processing, and sale of palm oil in Sierra Leone, Liberia, Côte d'Ivoire, Ghana, Nigeria, Cameroon, São Tomé and Principe, Congo, and Europe.

Spadel

Market Cap: €830.1m

Produces and markets natural mineral water in Belgium.

Societe Ivoirienne Des Tabacs S A

Market Cap: XOF 321.4b

Operates as a subsidiary of Imperial Tobacco Group plc.

Honeywell Flour Mills

Market Cap: ₦170.5b

Manufactures and markets wheat-based products in Nigeria.

Elite Naturel Organik Gida Sanayi ve Ticaret

Market Cap: ₺4.3b

Elite Naturel Organik Gida Sanayi ve Ticaret A.S.

Organización Cultiba. de

Market Cap: Mex$7.3b

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

Austral GroupA

Market Cap: S/414.4m

A fishing company, produces and trades in marine based foods and ingredients in Peru and internationally.

Blumar

Market Cap: CL$323.6b

Engages in the fishing and aquaculture businesses.

J-Oil Mills

Market Cap: JP¥64.8b

Produces and sells edible oils in Japan.

Browns Investments

Market Cap: LK₨109.2b

Engages in the plantation management, agriculture, leisure, and construction sectors in Sri Lanka.

Chin Teck Plantations Berhad

Market Cap: RM 839.6m

An investment holding company, cultivates oil palms in Malaysia.

Emirates Reem Investments Company P.J.S.C

Market Cap: د.إ937.2m

Engages in the bottling, distribution, and trading of mineral water, carbonated drinks, soft drinks, juices, and evaporated milk in the United Arab Emirates, rest of the Middle East, and Africa.

Feed OneLtd

Market Cap: JP¥37.5b

Feed One Co.,Ltd. procures, produces, processes, markets, and sells meat, egg, seafood, and compound feed in Japan and internationally.

Chubu Shiryo

Market Cap: JP¥46.3b

Manufactures and sells compound feed for livestock and fisheries in Japan.

Akasha Wira International

Market Cap: Rp6.3t

Engages in the manufacture and distribution of bottled drinking water, soy milk, and cosmetic products in Indonesia and internationally.

AXYZ

Market Cap: JP¥16.3b

Engages in manufacture and sale of processed foods in Japan and internationally.

Hey Song

Market Cap: NT$16.1b

Produces, distributes, and sells beverages primarily in Taiwan.

IFBH

Market Cap: HK$10.5b

Produces fruit juice-based beverages and non-beverage fruit products.

S&B Foods

Market Cap: JP¥74.2b

Engages in the manufacture and sale of spices and herbs, instant foods, spicy seasonings, and other products primarily in Japan.

Vadilal Industries

Market Cap: ₹39.9b

Manufactures and sells ice-cream in India and internationally.

Venky's (India)

Market Cap: ₹22.5b

Primarily engages in the production and sale of poultry products in India and internationally.

Univanich Palm Oil

Market Cap: ฿9.1b

Engages in the oil palm plantations, crushing mills, and oil palm research and seed businesses in Thailand and the Philippines.

Südwestdeutsche Salzwerke

Market Cap: €619.9m

Südwestdeutsche Salzwerke AG, together with its subsidiaries, mines, produces, and sells salt in Germany, the European Union, and internationally.