Global Food, Beverage & Tobacco Undiscovered Gems With Strong Fundamentals

Vadilal Industries

Market Cap: ₹39.9b

Manufactures and sells ice-cream in India and internationally.

S&B Foods

Market Cap: JP¥73.6b

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

Univanich Palm Oil

Market Cap: ฿9.2b

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

Emirates Reem Investments Company P.J.S.C

Market Cap: د.إ930.8m

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.

Zwack Unicum Nyrt

Market Cap: Ft66.0b

Manufactures and sells alcoholic beverages in Hungary, Europe, and internationally.

AB Zemaitijos pienas

Market Cap: €122.9m

Produces and sells dairy products in Lithuania and internationally.

Hey Song

Market Cap: NT$16.2b

Produces, distributes, and sells beverages primarily in Taiwan.

AXYZ

Market Cap: JP¥16.4b

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

Associated Alcohols & Breweries

Market Cap: ₹20.5b

Engages in liquor manufacturing, distillation, and bottling activities in India and internationally.

Kernel Holding

Market Cap: zł4.9b

Engages in the diversified agricultural business in India, Hong Kong, China, Singapore, Switzerland, the Netherlands, Ukraine, Spain, and internationally.

Ceylon Beverage Holdings

Market Cap: LK₨58.1b

An investment holding company, brews and markets beers primarily in Sri Lanka.

IFBH

Market Cap: HK$10.5b

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

Carozzi

Market Cap: CL$987.5b

Produces and markets food products in Chile.

Socfinasia

Market Cap: €470.3m

Manages a portfolio of tropical oil palm and rubber plantations in Southeast Asia and Africa.

Kayseri Seker Fabrikasi Anonim Sirketi

Market Cap: ₺12.9b

Manufactures and sells sugar in Turkey and internationally.

Banvit Bandirma Vitaminli Yem Sanayii Anonim Sirketi

Market Cap: ₺18.7b

Operates as a food company in Turkey.

Guinness Ghana Breweries

Market Cap: GH₵1.9b

Manufactures, distributes, and sells spirits, alcoholic and non-alcoholic beverages, and other ancillary products.

Viña San Pedro Tarapacá

Market Cap: CL$159.9b

Produces and exports wines in Chile, Argentina, and internationally.

Kulmbacher Brauerei Aktien-Gesellschaft

Market Cap: €137.1m

Engages in the brewery business in Germany and internationally.

Corby Spirit and Wine

Market Cap: CA$395.2m

Manufactures, markets, and imports spirits, wines, and ready-to-drink cocktails in Canada, the United States, the United Kingdom, and internationally.

BLD Plantation Bhd

Market Cap: RM 1.0b

An investment holding company, engages in palm oil business in Bangladesh, China, India, Korea, Malaysia, and internationally.

Jhonlin Agro Raya

Market Cap: Rp3.4t

Engages in the oil palm plantation business in Indonesia.

Camanchaca

Market Cap: CL$207.6b

Engages in the industrial fishing business in Chile, the United States, Mexico, Japan, Europe, and China.

Maruha Nichiro

Market Cap: JP¥153.5b

Engages in the fishing, fish farming, food processing, trading, meat products, and distribution businesses in Japan and internationally.

Castilla Agrícola

Market Cap: Col$415.6b

Castilla Agrícola S.A. harvests, produces, and sells sugarcane.

Beingmate

Market Cap: CN¥6.5b

Researches, develops, produces, and sells children’s food and nutritious food products in China.

Neto Malinda Trading

Market Cap: ₪2.7b

Manufactures, imports, markets, and distributes kosher food products.

Fuji Nihon

Market Cap: JP¥27.5b

Engages in the manufacture and sale of refined sugar and sugar-related products in Japan.

Jinzi HamLtd

Market Cap: CN¥7.1b

Engages in the research and development, production, and sale of fermented meat products in China and internationally.

Gansu Dunhuang Seed GroupLtd

Market Cap: CN¥3.3b

Engages in the seed, cotton, and food processing businesses in China and internationally.

Leche Gloria

Market Cap: S/3.3b

Produces and sells milk and other dairy products in Peru, Bolivia, Ecuador.

Hagoromo Foods

Market Cap: JP¥30.4b

Manufactures and sells various food products in Japan.

Bombay Burmah Trading Corporation

Market Cap: ₹139.5b

Engages in the tea and coffee plantations, auto electric components, healthcare, and real estate businesses in India and internationally.

Unilever Pakistan Foods

Market Cap: PK₨149.0b

Manufactures and sells consumer and commercial food products in Pakistan.

KOIKE-YA

Market Cap: JP¥50.8b

Engages in the manufacture, production, and sale of snack and health foods under the KARAMUCHO and SCORN brands.

Sumber Tani Agung Resources

Market Cap: Rp8.5t

Engages in the management and cultivation of oil palm plantations and crude palm oil processed mills, and its derivative products in Indonesia, Singapore, and internationally.