Food Empire is investing $37m in expanding its spray-dried soluble coffee manufacturing facility in the Indian state of Andhra Pradesh.
In a statement, the Singapore-listed group said the project would support "its fast-growing, branded, consumer business” and increase the facility's capacity by around 60%.
Food Empire CEO and executive director Sudeep Nair said the company has reported “four consecutive years of record revenue growth driven by the stellar performance” in the “core branded consumer business”.
He added: "This has given us the confidence to expand our ingredients
manufacturing business, which will not only position us strongly as a leading player in soluble coffee in Asia but more importantly it will serve as a vital link to support the growth of our branded consumer business as we continue to invest in brand building activities across our markets."
Food Empire's products, which also include cereal blends and potato chips, are sold in over 60 countries under brands such as MacCoffee, CaféPHỐ and Petrovskaya Sloboda, as well as Kracks.
The expansion project in India is set to begin in the fourth quarter of 2025 and is expected to be finished by the end of 2027.
In addition to the spray-dried facility, Food Empire operates a freeze-dried soluble coffee manufacturing facility in India.
In September, the company revealed plans to establish another freeze-dried facility in Binh Dinh, Vietnam, by 2028, through a $80m investment.
Food Empire reported a 16.3% increase in topline revenue, reaching $136.6m for the three months ending 31 March 2025.
Revenues from Food Empire's Southeast Asia market reached $40m in the first quarter period, surpassing the group's Russian market, traditionally the group's largest revenue generator, for the first time.
It marked a 33.8% increase from $29.9m in the same quarter of 2024, driven by sales in Vietnam.
Food Empire's South Asia market was the second-best performer in the quarter, with revenue rising 31.7% to $19.1m in the first quarter of 2025, up from $14.5m in the first quarter of 2024.
Announcing the results in May, Nair said: “We expect our fastest growth to continue to come from Asia, driven by our strong brand positions and supported by a robust pipeline of capacity expansion projects that are currently being carried out in the region.”
In March, Food Empire secured financial backing from the European Bank for Reconstruction and Development for its first coffee product site in Kazakhstan.
Located in Khorgos, near the China border, the facility will produce coffee for retail and foodservice customers, including products under the MacCoffee brand.
The group’s Ukraine, Kazakhstan, and CIS markets segment also saw revenues grow 14.9% to $33.9m in the first quarter of 2025.
The increase was primarily driven by Kazakhstan, where revenue rose 29%, reflecting contributions from Tea House, which became a subsidiary of Food Empire in May 2024.
