Nafoods Group Joint Stock Company
Nafoods Group is a leading Vietnamese enterprise specializing in the production and export of fruit-based products, including juice concentrates, NFC (Not From Concentrate) juices, IQF (Individually Quick Frozen) fruits, soft dried fruits, and fresh tropical fruits. With a vertically integrated supply chain, strong international presence, and adherence to global quality standards, Nafoods is a key player in the global fruit processing industry.
Core Business & Market Positioning
Nafoods Group operates across multiple stages of the fruit supply chain, from farming, processing, and exporting to brand distribution. The company is recognized as Vietnam’s top exporter of passion fruit products and has established a strong footprint in over 50 countries, supplying to Europe, the USA, the Middle East, and Asia.
Nafoods is also a pioneer in sustainable farming practices and has built a comprehensive contract farming model, working directly with thousands of farmers to ensure quality and traceability. The company owns large-scale GlobalGAP-certified farms to support its raw material supply.
Product Offerings
Nafoods specializes in a diverse range of fruit-based processed and fresh products:
1. Juice Concentrates
- Passion Fruit Juice Concentrate
- Gac Fruit Juice Concentrate
- Pineapple Juice Concentrate
2. NFC Juices & Purees
- Passion Fruit NFC Juice
- Mango Puree
- Soursop Puree
3. IQF (Individually Quick Frozen) Fruits & Vegetables
- IQF Passion Fruit
- IQF Pineapple
- IQF Mango
4. Fresh Fruits
- Fresh Passion Fruit
- Fresh Dragon Fruit
- Fresh Mango
5. Soft Dried Fruits
- Soft Dried Mango
- Soft Dried Pineapple
- Soft Dried Banana
All products meet international food safety and quality standards, ensuring they comply with customer requirements worldwide.
Competitive Advantages & USP
- Vertical Integration – Nafoods controls the entire supply chain, ensuring consistency in quality and reducing reliance on third-party suppliers.
- Sustainability & Contract Farming – The company engages in sustainable agriculture with organic and GlobalGAP-certified farms, directly working with farmers.
- Strong Export Capabilities – Nafoods exports to over 50 international markets, ensuring a stable presence in highly regulated regions like the EU and USA.
- Advanced Processing Technology – The company utilizes European-standard processing lines for IQF, juice concentration, and soft drying, ensuring minimal nutrient loss and superior taste.
- Global Certifications – The company complies with BRC, Halal, Kosher, Organic EU & USDA, GlobalGAP, and FSSC 22000.
Financial Performance
Nafoods has experienced consistent revenue growth, driven by increasing global demand for processed fruit products. In 2023, the company reported:
- Annual revenue: Over 2,500 billion VND (~$100 million USD)
- Export revenue share: >70% of total revenue
- Gross margin: 25-30%, among the highest in the Vietnamese fruit industry
The company continues to expand its processing facilities and farming areas, investing in research & development for value-added products.
Shipment & Export Records
Nafoods has maintained a strong international presence, with key export data showing:
- Passion Fruit Juice Concentrate: Top 3 exporters in Vietnam, with shipments reaching Europe, the Middle East, and North America.
- Soft Dried Fruits: A growing market, with increasing demand in Japan and South Korea.
- IQF Fruits: Bulk supply to leading food manufacturers and distributors worldwide.
The company’s Vietnam-based processing hubs ensure year-round production and seamless global distribution.
Target Markets
Nafoods serves a broad spectrum of B2B and B2C markets, including:
- Beverage manufacturers – Juice, smoothie, and soft drink companies
- Food processing companies – Using IQF fruits for jams, yogurts, and bakery products
- Retail brands – Supplying packaged soft dried fruits under its Kingfoods brand
- Hospitality & HoReCa sector – Providing fresh and frozen fruits to hotels, restaurants, and cafes globally
Certifications & Compliance
Nafoods adheres to strict international food safety and sustainability standards:
- BRC (British Retail Consortium) Certification
- FSSC 22000 (Food Safety System Certification)
- ISO 22000:2018
- HACCP (Hazard Analysis Critical Control Point)
- Organic Certifications (USDA Organic & EU Organic)
- GlobalGAP (Good Agricultural Practices)
- Kosher & Halal Certifications
These certifications ensure that Nafoods' products meet stringent food safety regulations, enabling exports to highly regulated markets like the EU and USA.
Major Achievements & Recognitions
- Vietnam’s Top Passion Fruit Exporter – Leading the industry in processed passion fruit exports.
- High-Tech Agricultural Investment – Continuous investment in smart farming and organic farming projects.
- Government & Industry Recognition – Awarded multiple Vietnamese export excellence awards and green agriculture awards.
- Strong Brand Presence – The Kingfoods brand has gained traction in retail markets for soft dried fruits and fresh produce.
Future Growth & Expansion
Nafoods continues to invest in expanding its production capacity, with future goals including:
- Expansion of organic fruit farming areas to meet rising global demand.
- New product innovations in the healthy snack and beverage sector.
- Increase in exports to high-value markets like the EU, Japan, and North America.
- Sustainability commitments with more eco-friendly packaging and waste reduction initiatives.
Nafoods is positioned to strengthen its role as a leading global supplier of premium fruit-based products, driving innovation, sustainability, and global market expansion.
