Food Staples & Packaged Foods
Olam’s involvement in the food staples and packaged foods segment comprises products from our rice, sugar, dairy products, packaged foods and palm businesses. Our physical presence in major origin and consuming countries for these products has given us an in-depth understanding of local market dynamics, helping us develop long-standing relationships with both producers and consumers.
Our sugar business benefits from its many synergies with our rice business, among them shared customers and costs. This commonality, together with similar distribution channels, has helped us initiate and develop our dairy business.
Our packaged foods business was set up in 2005 with our launch of retail consumer packs in selected emerging markets, ones where we had strong presence and solid local market knowledge. From a modest start, we have expanded this business across several geographies in Africa, building retail-distribution depth across these markets with a wide range of product categories.
Palm is a new business for us, with a clear focus on upstream plantations, and midstream processing and distribution across niche markets.