Global Food, Beverage & Tobacco Undiscovered Gems With Strong Fundamentals

Okamura Foods

Market Cap: JP¥58.8b

Okamura Foods Co., Ltd. farms, produces, and sells salmon trout in Japan and internationally.

FuJian YanJing HuiQuan BreweryLtd

Market Cap: CN¥3.0b

Produces and sells beer under the Huiquan brand in China.

Jiangxi Huangshanghuang Group Food

Market Cap: CN¥7.0b

Develops, produces, and sells braised meat products in China.

Hup Seng Industries Berhad

Market Cap: RM 744.0m

An investment holding company, manufactures and sells biscuits and coffee mix in Malaysia and internationally.

Kaveri Seed

Market Cap: ₹59.5b

Researches, develops, produces, processes, and markets hybrid seeds and vegetable crop seeds in India.

Exotic Food

Market Cap: ฿7.4b

Manufactures and distributes various food products in Europe, the United States, and internationally.

East African Breweries

Market Cap: KSh173.2b

Engages in the brewery, production, marketing, distribution, and sale of beer, spirits, adult non-alcoholic drinks, and malt and barley products in Kenya, Uganda, and Tanzania.

Sipef

Market Cap: €789.6m

Operates as an agro-industrial company.

Cairo Poultry CompanyE

Market Cap: ج.م9.3b

Operates as an integrated poultry company in Egypt.

Ricegrowers

Market Cap: AU$1.1b

Operates as a rice food company in Australia, New Zealand, the Pacific Islands, Europe, the Middle East, Africa, Asia, and North America.

Zhejiang Wufangzhai Industry

Market Cap: CN¥3.5b

Provides Chinese seasonal foods.

Ceylon Cold Stores

Market Cap: LK₨104.5b

Manufactures, markets, and distributes beverages and confectionery products in Sri Lanka and internationally.

British American Tobacco Bangladesh

Market Cap: ৳154.1b

Manufactures and sells cigarettes in Bangladesh.

ForFarmers

Market Cap: €412.8m

Provides feed solutions for conventional and organic livestock farming under the ForFarmers brand in the Netherlands, the United Kingdom, Germany, Poland, Belgium, and internationally.

Astarta Holding

Market Cap: zł1.2b

Through its subsidiaries, engages in the sugar production, crop growing, soybean processing, and cattle farming businesses in Ukraine, Europe, Asia, and internationally.

Qingdao Richen FoodLtd

Market Cap: CN¥2.6b

Engages in the research and development, production, and sale of compound seasoning and condiments for food processing and catering companies in China.

Able Global Berhad

Market Cap: RM 479.8m

An investment holding company, manufactures and sells tin cans and dairy products in Africa, Asia, Central America, North America, South America, Mexico, Malaysia, and internationally.

Taokaenoi Food & Marketing

Market Cap: ฿7.6b

Manufactures and distributes fried, grilled, and baked seaweed and seaweed snacks.

Asian Alliance International

Market Cap: ฿10.3b

Produces and sells pet food and ready-to-eat human food products in Thailand, the United States, the United Kingdom, Thailand, the Kingdom of Saudi Arabia, Japan, Italy, Germany, and internationally.

Avanti Feeds

Market Cap: ₹86.5b

Manufactures and sells shrimp feeds in India, Europe, the United States of America, Japan, Korea, China, Russia, Canada, and the Middle East.

International Breweries

Market Cap: ₦2.1t

Engages in the brewing, packaging, and marketing of beer, alcoholic flavored/non-alcoholic beverages, and soft drinks in Nigeria.

Presco

Market Cap: ₦1.5t

Engages in the oil palm plantations development, palm oil milling, palm kernel processing, and vegetable oil refining businesses in Nigeria and Ghana.

Morinaga&Co

Market Cap: JP¥226.9b

Manufactures, purchases, and sells confectionaries, food stuffs, frozen desserts, and health products in Japan and internationally.

Xiamen Yan Palace Bird's Nest Industry

Market Cap: HK$3.6b

Engages in the research, development, production, and marketing of edible bird’s nest (EBN) products to distributors, e-commerce platforms, and retail customers in the People’s Republic of China.

Ceylon Tobacco

Market Cap: LK₨309.7b

Manufactures, markets, and sells cigarettes in Sri Lanka.

Savencia

Market Cap: €810.5m

Produces, distributes, and markets dairy and cheese products in France, the rest of Europe, and internationally.

RFG Holdings

Market Cap: R4.3b

Manufactures and markets convenience meal solutions in South Africa, the Kingdom of Eswatini, and internationally.

What's Cooking Group

Market Cap: €218.1m

Produces and sells meat products and ready meals.

Okomu Oil Palm

Market Cap: ₦973.0b

Engages in the cultivation and plantation of oil palm and rubber in Nigeria.

Shanghai Bright Meat Group

Market Cap: CN¥7.1b

Engages in the production, manufacture, and distribution of food products in China.

United Malacca Berhad

Market Cap: RM 1.1b

An investment holding company, engages in the palm oil cultivation, palm oil milling, and agroforestry plantation businesses in Malaysia and Indonesia.

Thai Vegetable Oil

Market Cap: ฿22.2b

Together with its subsidiary, Prodigy Public Company Limited, manufactures and distributes soy meal and soybean oil in Thailand and internationally.

Mission Produce

Market Cap: US$881.3m

Engages in the sourcing, farming, packaging, marketing, and distribution of avocados, mangoes, and blueberries to food retailers, wholesalers, and foodservice customers in the United States and internationally.

Scales

Market Cap: NZ$714.4m

Engages in manufacturing and trading of food ingredients in New Zealand, Asia, Europe, North America, and internationally.

Fresh Del Monte Produce

Market Cap: US$1.8b

Through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Central America, South America, Europe, the Middle East, Africa, Asia, and internationally.

Kri-Kri Milk Industry

Market Cap: €641.6m

Operates in the dairy industry in Greece and internationally.