Back 17 Jun 2025

Food Empire Makes Debut on 2025 Fortune Southeast Asia 500 After Four Straight Years of Record Growth

Link: https://links.sgx.com/1.0.0/corporate-announcements/MWG0LWMQQQ2WM6ZK/8f6eabe4dc0139cdc64b7c52f1cfe7fb5b21262a83b3436ab5bd33ff211bb714

Summary:

  • Food Empire Holdings has been ranked for the first time on the 2025 Fortune Southeast Asia 500 list, recognizing the Group as one of the region’s largest companies by revenue.

  • The inclusion follows four consecutive years of record revenue growth, with a 14.9% CAGR from 2020–2024and FY2024 revenue reaching US$476.3 million, up 11.9% year-on-year.

  • CEO Sudeep Nair credits the achievement to the Group’s strategy of deepening its roots in Southeast Asia and leveraging strong brands, market leadership, and a resilient distribution network.

  • Expansion plans include a new coffee-mix plant in Kazakhstan by end-2025, commercial launch of an expanded snack facility in Southeast Asia by Q3 2025, and a major freeze-dried coffee plant in Vietnam by 2028.

  • The Group operates nine manufacturing facilities and distributes to over 60 countries, with flagship brands like MacCoffee, CaféPHỐ, Hillway, and Kracks.

  • Food Empire has also received accolades from Forbes, Influential Brands, and Enterprise Singapore, and was named Winner of The Enterprise Award at the Singapore Business Awards 2020/2021.

  • The Fortune recognition marks a milestone in Food Empire’s evolution as a global player in the coffee, snack, and food ingredient sectors.