U.S. Food, Beverage & Tobacco Potentially Undervalued Companies

Budweiser Brewing Company APAC

Market Cap: US$106.4b

An investment holding company, engages in brewing and distribution of beer in South Korea, Japan, New Zealand, China, India, Vietnam, and internationally.

JDE Peet's

Market Cap: US$15.1b

Operates as a coffee and tea company worldwide.

Cresud Sociedad Anónima Comercial Inmobiliaria Financiera y Agropecuaria

Market Cap: US$816.1b

An agricultural company, engages in the production of agricultural commodities in Brazil and other Latin American countries.

British American Tobacco

Market Cap: US$85.9b

Provides tobacco and nicotine products to consumers in the Americas, Europe, the Asia-Pacific, the Middle East, Africa, and the United States.

Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi

Market Cap: US$83.0b

Engages in the production, bottling, distribution, and sale of beer, malt, non-carbonated, and non-alcoholic beverages in Turkey and internationally.

Local Bounti

Market Cap: US$64.8m

Produces and sells fresh greens in the United States.

Univanich Palm Oil

Market Cap: US$8.6b

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

ARYZTA

Market Cap: US$2.0b

Provides products and services for in-store bakery solutions in Europe and internationally.

NH Foods

Market Cap: US$567.6b

Engages in manufacturing and selling ham, sausage, processed food, meat, and dairy product in Japan and internationally.

Yamazaki Baking

Market Cap: US$658.6b

Engages in food business in Japan.

Cranswick

Market Cap: US$2.7b

Engages in the production and supply of food products to grocery retailers, food service sector, and other food producers in the United Kingdom, Continental Europe, and internationally.

TreeHouse Foods

Market Cap: US$823.2m

Manufactures and distributes private brands snacks and beverages in the United States and internationally.

McCormick

Market Cap: US$17.6b

Manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry.

Coca-Cola Consolidated

Market Cap: US$10.0b

Manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States.

Heineken Holding

Market Cap: US$16.2b

Engages in brewing and selling beer and cider in the Netherlands and internationally.

John B. Sanfilippo & Son

Market Cap: US$737.0m

Through its subsidiary, JBSS Ventures, LLC, processes and distributes tree nuts and peanuts in the United States.

British American Tobacco

Market Cap: US$85.9b

Provides tobacco and nicotine products to consumers in the Americas, Europe, the Asia-Pacific, the Middle East, Africa, and the United States.

Grupo Bimbo. de

Market Cap: US$280.3b

Produces, distributes, and sells various bakery products.

Arcadia Biosciences

Market Cap: US$4.7m

Produces and markets plant-based food and beverage products in the United States.

Mowi

Market Cap: US$110.0b

A seafood company, produces and sells Atlantic salmon products worldwide.

Village Farms International

Market Cap: US$297.4m

Produces, markets, and distributes greenhouse grown tomatoes, bell peppers, cucumbers, and mini-cukes in North America.

Health and Happiness (H&H) International Holdings

Market Cap: US$8.4b

An investment holding company, manufactures and sells pediatric nutrition, baby care, adult nutrition and care, and pet nutrition and care products in Mainland China, Australia, New Zealand, North America, and internationally.

Global Bio-chem Technology Group

Market Cap: US$877.4m

An investment holding company, manufactures and sells corn refined products and corn-based biochemical products in the People's Republic of China, rest of Asia, the Americas, and internationally.

Tate & Lyle

Market Cap: US$2.0b

Engages in the provision of ingredients and solutions to the food, beverages, and other industries in North America, Asia, Middle East, Africa, Latin America, and Europe.

Meiji Holdings

Market Cap: US$897.7b

Through its subsidiaries, engages in the manufacture and sale of dairy products, confectioneries, nutritional products, and pharmaceuticals in Japan and internationally.

AVI

Market Cap: US$31.4b

Manufactures, processes, markets, and distributes branded consumer products in the food, beverage, footwear, apparel, and cosmetics sectors in South Africa, other African countries, Europe, and internationally.

Elders

Market Cap: US$1.4b

Provides agricultural products and services to rural and regional customers primarily in Australia.

Thai Union Group

Market Cap: US$47.4b

Manufactures and sells frozen, chilled, and canned seafood in Thailand and internationally.

Premium Brands Holdings

Market Cap: US$4.1b

Manufactures and distributes food products under various brands in the United States, Canada, Asia, Europe, and internationally.

Gudang Garam

Market Cap: US$28.1t

Engages in the manufacture and sale of cigarettes in Indonesia and internationally.

Kellanova

Market Cap: US$27.1b

Manufactures and markets snacks and convenience foods in North America, Europe, Latin America, the Asia Pacific, the Middle East, Australia, and Africa.

Heineken Holding

Market Cap: US$16.2b

Engages in brewing and selling beer and cider in the Netherlands and internationally.

SalMar

Market Cap: US$73.3b

An aquaculture company, produces and sells farmed salmon in Asia, North America, Europe, and internationally.

Sadot Group

Market Cap: US$5.2m

Provides supply chain solutions that address growing food security challenges worldwide.

SunOpta

Market Cap: US$694.9m

Engages in the manufacture and sale of plant and fruit-based food and beverage products in the United States, Canada, and internationally.

Hanjaya Mandala Sampoerna

Market Cap: US$101.8t

Engages in manufacture, distribution, and trading of cigarettes and other tobacco products in Indonesia.