ofi
ofi is a Singapore-headquartered global B2B supplier of food and beverage ingredients across cocoa, coffee, dairy, nuts, and spices, serving CPG manufacturers, retailers, and foodservice operators through 110+ manufacturing facilities, four Customer Solutions Centers, and the AtSource traceability platform.
- Company typePrivate
- Founded1989
- HeadquartersSingapore, Singapore
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What ofi does
ofi (Olam Food Ingredients) is a global B2B supplier of food and beverage ingredients, operating as a distinct entity within Olam Group since the January 2020 reorganization and headquartered in Singapore. The company sells cocoa, coffee, dairy, nuts, and spices — anchored by the deZaan, Club Coffee, Hughson Nut, and Progida brands — through direct enterprise sales, a B2B e-commerce storefront (shop.ofi.com), and private-label partnerships with global retailers. ofi holds the #1 global position in cocoa, nuts, cashews, and hazelnuts and #2 in green coffee, with 110+ manufacturing facilities, 19 innovation centers, and a sourcing network spanning 2.7 million direct and indirect farmers across six continents.
ofi's technology stack centers on the AtSource sustainability and traceability platform, the OFIS farmer information system for first-mile data capture, a Track and Trace system for EUDR compliance, and AI-enabled tools including an AI-powered Carbon Stock Monitoring tool, the AtSource Digital Footprint Calculator, and BeeHome robotic beehives (developed with Beewise) deployed in California almond orchards. These capabilities support Customer Solutions Centers in Amsterdam, Bangalore, Chicago, and Singapore, where ofi co-creates bakery, beverage, confectionery, snacking, dairy, plant-based, and savory applications with CPG customers.
The business model is enterprise B2B with quote-based pricing and minimum order quantities, focused on global F&B manufacturers, retailers/private label, and foodservice operators. Revenue flows from ingredient and value-added processed product sales, supplemented by sustainability-linked and Sace-guaranteed debt facilities totaling $1.975B (2022) and $500M (2024). Strategic posture is shaped by the $950M acquisition of Olde Thompson (April 2021), flagship multi-year partnerships with Nestlé and Mars for regenerative agriculture, and the pending March 2026 divestiture of Olam Group's 44.58% Olam Agri stake to Salic.
ofi firmographics
Firmographics- Name
- ofi
- Legal name
- Olam International Limited
- Website
- https://www.ofi.com
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- ofi is a Singapore-headquartered global B2B supplier of food and beverage ingredients across cocoa, coffee, dairy, nuts, and spices, serving CPG manufacturers, retailers, and foodservice operators through 110+ manufacturing facilities, four Customer Solutions Centers, and the AtSource traceability platform.
- Ownership category
- akta.pro rank
ofi industry classification
Industry- Product category
- Food and Beverage Ingredients
- NAICS
- Food Manufacturing (311), Dairy Product Manufacturing (3115)
- SIC
- Food And Kindred Products (2000), Dairy Products (2020)
- akta.pro primary industry
- Food-Grade Chemicals & Processing Aids Trading/Wholesale (AFAIAKAJ)
- akta.pro secondary industry
- International & Ethnic Packaged Foods (CRADAAAG)
Keywords
Where ofi is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices9 records
Markets served
ofi business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Food & Beverage Ingredients Sales: Primary revenue from sourcing and supplying cocoa, coffee, dairy, nuts and spices to food and beverage manufacturers. B2B model with direct sales to CPG companies, foodservice operators, and retailers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Quote-based pricing for bulk ingredients |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
ofi product offering
Product offeringCore offering
ofi (Olam Food Ingredients) is a global supplier of naturally sourced food and beverage ingredients across five core platforms—cocoa, coffee, dairy, nuts, and spices—serving CPG manufacturers, retailers, and foodservice operators. The company operates 110+ manufacturing facilities and 19 innovation centers, sourcing directly and indirectly from 2.7 million farmers. It complements its ingredient supply with Customer Solutions Centers that provide co-creation, product development, private label, and sustainable sourcing services.
Product overview
ofi (Olam Food Ingredients) is a global leader in naturally good food and beverage ingredients and solutions, operating as a distinct entity spun off from Olam Group in January 2020. The company offers a comprehensive portfolio across five core product platforms: cocoa (under the deZaan brand), coffee (including Club Coffee), dairy, nuts (including Hughson Nut Inc. for almonds and Progida for hazelnuts), and spices. These are complemented by food and beverage co-creation services through Customer Solutions Centers, private label solutions, and sustainability sourcing platforms including AtSource Plus. The product portfolio includes both raw ingredients (cocoa beans, green coffee, raw nuts, spices) and value-added processed products (cocoa liquor, soluble coffee, nut butters/pastes/flours, dairy ingredients). Sustainability is embedded throughout via platform-specific initiatives (Cocoa Compass, Coffee LENS, Dairy Tracks, Nut Trails, Spice Maps) unified under the overarching Choices for Change strategy targeting prosperous farmers, thriving communities, and regenerative agriculture by 2030.
Differentiator
Problem solved
Functional benefit
Brands
- deZaan: Fine flavour cocoa brand offering cocoa powders, butters, and liquors including new single origin cocoa liquor series launched at ISM 2026
- Cocoa Compass
- Coffee LENS
- Dairy Tracks
- Nut Trails
- Spice Maps
Products and services
- Cocoa (deZaan Brand) Cocoa beans, cocoa powders, cocoa butters, cocoa liquor, and fine flavour cocoa products sourced from 10 key producing countries across Africa, Asia, and South America with full traceability from farm to factory for confectionery and bakery manufacturers.
- Coffee (Club Coffee Brand) Green coffee sourcing from approximately 40,000 farmers across 18 origins in Africa, Asia, and Latin America, plus soluble coffee manufacturing, with sustainable and traceable coffee solutions through the Coffee LENS sustainability program.
- Dairy Ingredients
Quantifiable outcome
- 1.5 million tons CO2 reduction estimated over 30 years from Nestlé agroforestry partnership
- +5 more outcomes
Companies that use ofi
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
ofi technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability7 records
Feature8 records
ofi partnerships and signals
Strategic signalPartnerships
21 partnerships are on record, tiered core, flagship and minor.
- WNC Capital HoldingscoreJoint venture to expand savory solutions production in the Philippines. Upcoming Bulacan facility and in-market development capabilities to support faster, locally relevant innovation.
- MarsflagshipFive-year strategic collaboration (2025-2029) to advance climate-smart and regenerative agriculture in Ecuador cocoa production. Over 960 farmers across 6 major cocoa-growing regions implementing regenerative practices across 9,000+ hectares, transitioning to multistrata agroforestry systems.
- BayerminorPartnership announced at Invest.EastAfrica! Forum for sustainable trade and agri-business cooperation between European and East African companies.
- MelittaminorPartnership announced at Invest.EastAfrica! Forum for sustainable trade in coffee sector.
- NestléflagshipLargest-ever joint cocoa agroforestry partnership spanning Nigeria, Côte d'Ivoire, and Brazil. Approximately 25,000 farmers supported over 5 years to implement agroforestry and crop residue management, planting 2.8 million trees across 72,000 hectares. Estimated to cut 1.5 million tons CO2 over 30 years.
- KIND SnackscoreKIND Almond Acres Initiative partnership for regenerative agriculture in California. Pilot spanning nearly 1,000 acres achieved 19.5% water use efficiency gain, 33% reduction in nitrogen fertilizer, 28% decrease in carbon intensity. Target: 100% regenerative almond sourcing by 2030.
- IDHcoreThree-year sustainable forest management program in Côte d'Ivoire with JDE Peet's to reduce pressure on Taï National Park and Cavally nature reserve.
- JDE Peet'scoreJoint sustainable forest management program in Côte d'Ivoire supporting coffee farmers and conservation efforts.
- ALDI SOUTH GroupcoreFour-year pilot project (2021-2025) supporting 1,000 coffee producers in Honduras to improve productivity, quality and incomes. Every $1 invested generated $8 in social value.
- Wageningen University & ResearchcoreResearch collaboration on living income measurement and smallholder farmer economics, including dynamic collaboration and dataset sharing for research papers.
- Fair Labor Association (FLA)corePartnership supporting 20,000+ hazelnut farmers with annual audits to ensure farms meet high ethical and environmental standards. Focus on eliminating unsafe working conditions and child labor risks.
- FuncafécorePartnership to establish Coffee Kindergartens in Guatemala, providing safe spaces for children during harvest period to prevent child labor.
- Science Based Targets initiative (SBTi)coreSBTi validated ofi's climate targets confirming alignment with 1.5°C pathway. Includes net-zero commitment by 2050, 50% Scope 1&2 reduction by 2030, 30% Scope 3 reduction by 2030.
- Prologiscore574,000 sq ft logistics facility lease in East Greenwich Township, New Jersey. Strategically located within 20 miles of Philadelphia port for East Coast distribution.
- Wolfe's Neck Center for Agriculture and the EnvironmentminorPartnership unlocking $300,000+ in USDA-backed funding for regenerative almond practice adoption in California.
- BeewisecoreBeeHome AI-powered robotic beehive technology for automated precision beekeeping at scale in California almond orchards. 6.3 million bees preserved in 2024.
- Olde ThompsoncoreAcquired U.S. spice company Olde Thompson for $950 million in 2021 as part of plans to list OFI. Enhances U.S. retail market presence in spices.
- GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit)corePartnership supporting 50,000 smallholder cashew farmers across Africa and Asia through initiatives including resilient seedlings, health campaigns, and borehole construction.
- ComCashewcorePartnership supporting cashew farmer programs and market access in Africa.
- Global Alliance for Improved Nutrition (GAIN)corePartnership supporting cashew supply chain sustainability and farmer nutrition programs.
- TRACTcoreLiving income measurement tool made publicly accessible via TRACT's SaaS platform for broader food and agri sector use.
Scale indicators21 records
Recent moves6 records
Expansion highlights6 records
ofi competitors and assessment
Company assessmentDirect peers
- Barry Callebaut: World's largest chocolate and cocoa manufacturer, directly comparable to ofi's cocoa origination and processing business. Both operate vertically integrated farm-to-factory cocoa supply chains serving global CPG customers.
- Olam Agri: Sister operating group under Olam Group focused on grains, animal feed, edible oils, and cotton. Shares the same vertically integrated farm-to-customer sourcing model and parent backing as ofi, with overlapping GTM and supply chain infrastructure.
- Ingredion: Global ingredient supplier providing sweeteners, starches, and plant-based proteins to food and beverage manufacturers. Closely comparable B2B ingredient model serving similar CPG customers, with overlapping co-creation and innovation capabilities.
- Tate & Lyle: Global food ingredients company specializing in sweeteners, texturants, and wellness ingredients for food and beverage manufacturers. Highly comparable B2B specialty ingredients model with similar customer base and value-added positioning.
- Fonterra Co-operative Group: Global dairy cooperative and one of the world's largest dairy ingredient exporters, serving food manufacturers with milk powders, dairy proteins, and specialty dairy ingredients. Directly comparable for ofi's dairy ingredients business.
- Sucafina: Privately held global green coffee trading and sourcing company with vertically integrated operations from farm to roaster. Closely comparable to ofi's coffee origination platform with similar farmer networks and sustainability programs.
- Kerry Group: Global taste and nutrition ingredients company serving food and beverage manufacturers with flavors, functional ingredients, and solutions. Comparable B2B co-creation model with dedicated customer solution capabilities analogous to ofi's Customer Solutions Centers.
Broad incumbents
- Cargill: Privately held global agricultural conglomerate with overlapping cocoa, coffee, and edible oils businesses serving similar CPG customers. Significantly larger and more diversified than ofi, but directly competes in several of ofi's core ingredient categories.
- Archer Daniels Midland (ADM): One of the world's largest food and ingredient conglomerates with extensive origination, processing, and nutrition ingredient operations. Overlaps with ofi in cocoa, nuts, and natural ingredients but operates at much larger and more diversified scale.
- Bunge Limited: Global agribusiness and food ingredient company with oilseed processing, grain origination, and specialty ingredient operations. Comparable in scale and B2B food manufacturer customer overlap, though more focused on oils and grains than ofi's specialty ingredients.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
ofi social profiles
Digital presenceofi compliance and trust
Trust signalCompliance12 records
ofi financial estimates
Financial estimateRevenue estimate
Valuation estimate
ofi leadership team
Management profileNumber of profiles
Profiles10 records
ofi subsidiaries and ownership
Company hierarchySubsidiaries3 records
ofi funding detail
Funding detailFunding overview
Funding rounds4 records
Investors20 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ofi M&A and investment
M&A and investmentM&A1 record
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ofi
What does ofi do?
ofi (Olam Food Ingredients) is a global supplier of naturally sourced food and beverage ingredients across five core platforms—cocoa, coffee, dairy, nuts, and spices—serving CPG manufacturers, retailers, and foodservice operators. The company operates 110+ manufacturing facilities and 19 innovation centers, sourcing directly and indirectly from 2.7 million farmers. It complements its ingredient supply with Customer Solutions Centers that provide co-creation, product development, private label, and sustainable sourcing services.
Is ofi a public or private company?
ofi is a private company. It is classified as corporate owned and is currently operating.
When was ofi founded?
ofi was founded in 1989. It employs 5,001 to 10,000 people.
Where is ofi based?
ofi is headquartered in Singapore, Singapore, in the Asia region.
How does ofi make money?
One revenue line is on record: food & Beverage Ingredients Sales.
Who are ofi's main competitors?
Direct peers on record are Barry Callebaut, Olam Agri, Ingredion, Tate & Lyle, Fonterra Co-operative Group, Sucafina and Kerry Group. Broad incumbents are Cargill, Archer Daniels Midland (ADM) and Bunge Limited.
Does ofi have an API?
No public API is recorded for ofi.
What industry is ofi in?
ofi's product category is Food and Beverage Ingredients. Its primary akta.pro industry code is AFAIAKAJ, Food-Grade Chemicals & Processing Aids Trading/Wholesale, with a secondary code of CRADAAAG, International & Ethnic Packaged Foods. Its NAICS code is 311 and its SIC code is 2000.