Marina Foods

Name

Marina Foods

Legal name

Marina Foods Pvt Ltd

Website

https://marinafood.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Marina Foods is a Sri Lankan food manufacturer founded in 1978 that produces coconut oil, coconut milk, vegetable oils, and bakery margarines using physical refining processes, serving domestic consumers, bakery trade, industrial customers, and the hotel/restaurant sector, with exports to over 40 countries.

Ownership category

akta.pro rank

Product category

Edible Oils and Coconut Products

NAICS

Starch and Vegetable Fats and Oils Manufacturing (31122), Fats and Oils Refining and Blending (311225)

SIC

Food And Kindred Products (2000)

akta.pro primary industry

Coconut Oil Processing (AFAKAEAD)

akta.pro secondary industry

Virgin & Cold-Pressed Culinary Oils (AFAJALAB)

Keywords

• Coconut oil products
• Edible vegetable oils
• Bakery margarine supply
• Coconut milk powder
• Physical refined oils

Headquarters

HQ city

Colombo

HQ country

Sri Lanka

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Coconut Products: Sale of coconut-based edible oils, spreads, milk products, and flour to domestic consumers and businesses in Sri Lanka
2. Export Sales: International sales of coconut products to over 40 countries worldwide

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Marina Foods manufactures and sells coconut-based edible products (virgin coconut oil, refined coconut oil, coconut milk, milk powder, spreads), complementary vegetable oils (sunflower, soya bean, cooking oil), bakery margarines and bread compounds, and rice flour. Products are made using a physical refining process that avoids chemical refining, targeting Sri Lankan household consumers, bakery trade, industrial food manufacturers, and the hotel/restaurant sector, with exports to over 40 countries.

Product overview

Marina Foods is a Sri Lankan food manufacturing company offering a diverse portfolio of coconut-based and vegetable oil products. The product line centers around coconut products including Virgin Coconut Oil, Coconut Oil, Coconut Milk, Milk Powder, and Coconut Spread, complemented by vegetable oils (Sunflower, Soya Bean, and Cooking Oils), margarines (for bakery and spreads), and rice flour. The company emphasizes physically refined, 100% natural products free from chemicals, trans fats, and GMOs, positioning itself as a health-conscious alternative in the edible oils and fats market.

Differentiator

Problem solved

Functional benefit

Products and services

• Marina Coconut Oil Physically refined coconut oil manufactured from specially selected copra; no cholesterol, no toxins, no poly aromatic hydrocarbons, and contains medium chain fatty acids. Targeted at household and commercial cooking use.
• Marina Organic Virgin Coconut Oil 100% natural organic virgin coconut oil derived from fresh coconut kernels via cold press and centrifugal separation process. Targeted at health-conscious consumers seeking unrefined coconut oil.
• Marina Coconut Milk Creamy milky white coconut milk derived from meat of mature coconuts, processed under stringent quality assurance with 22% fat content. Used in curries, soups, sauces, and desserts.
• Marina Milk Powder (Marina Powdered Coconut Milk) Spray-dried coconut milk powder that can be used straight from the pack or mixed with water to produce coconut cream or milk, used in soups, sauces, curries, and desserts. Targeted at households and food service.
• Marina Spread Coconut-based spread enriched with essential fatty acids and vitamins A, D, and E, marketed as a healthier alternative to butter. Targeted at household consumers.
• Marina Lite Fat spread enriched with essential fatty acids (Omega 3) and vitamins A, D, and E, marketed as a healthier alternative to butter and traditional margarine.
• Marina Cooking Oil Edible vegetable oil manufactured from physically refined palm olein derived from palm fruit, extremely stable for deep-frying with high temperature stability. Targeted at household and commercial kitchens.
• Marina Sunflower Oil Vegetable oil extracted from sunflower seeds with high content of unsaturated fats, cholesterol free, rich in Vitamin E, suitable for deep frying and shallow frying.
• Marina Soya Bean Oil Vegetable oil extracted from soya bean seeds with high smoke point, preferred for cooking and frying applications.
• Coconut Oil 20L (Bulk) Bulk 20L packaging of coconut oil for commercial food, bakery, and cosmetic applications. Targeted at B2B buyers.
• Sunflower Oil 20L (Bulk) Bulk 20L packaging of sunflower oil for commercial deep frying, shallow frying, and spraying applications. Targeted at B2B buyers.
• Marina Sunflower Oil 5L 5L packaging of Marina Sunflower Oil for household and commercial use.
• Marina Premium Cake Margarine Premium cake margarine made from 100% physically refined vegetable oil, guarantees consistency and high quality in cakes. Targeted at bakeries and pastry producers.
• Marina Pastry Margarine Specially processed margarine from high quality vegetable oils for smooth and plastic texture, ideal for pastries and croissants. Targeted at bakeries and pastry producers.
• Marina Multi-Purpose Margarine Cost effective industrial margarine made from 100% physically refined palm oil, suitable for day-to-day savories, breads and general baking applications. Targeted at industrial bakeries.
• Marina Bread Compound Specially designed bread compound for making premium quality bread, burger buns, hot dogs and fish buns with excellent improver properties. Targeted at industrial bakeries.
• Marina Bakers Margarine Industrial margarine designed for bakers, suitable for various baking applications. Targeted at bakeries.

Quantifiable outcome

• Pioneer in rebuffing misconceptions about coconut oil health hazards through extensive research

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• GlomarkminorChannel Partner/ Reseller/ DistributorE-commerce retail partner where Marina products are available for purchase online through the Marina Foods website.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• AAK AB (now AAK): AAK is a global leader in specialty vegetable oils and fats for the bakery, dairy, and personal care industries. Marina's bakery margarine and specialty fats business is a direct category peer, with similar B2B customer base among industrial bakeries and foodservice operators.
• Dabur India Limited: Dabur is a major Indian FMCG player with a large coconut oil portfolio (Dabur Amla, Vatika, Anmol). It is directly comparable to Marina as a heritage brand marketing coconut-based health and beauty oils, and competes for the South Asian diaspora export consumer.
• Marico Limited (Parachute brand): Marico is the dominant coconut oil brand in South Asia via Parachute, with deep distribution in India, Bangladesh, and the Middle East. It is the most direct comparator to Marina's refined coconut oil business, competing in both domestic Sri Lankan and export markets.

Broad incumbents

• Bunge Limited: Bunge is a global agribusiness and food company with a major presence in edible oil refining and origination, including the Loders Croklaan specialty fats business. It is a broad incumbent in the same value chain as Marina's refining operations.
• Adani Wilmar (Fortune brand): Adani Wilmar is one of the largest edible oil processors in South Asia across palm, sunflower, soya, and rice bran, marketing under the Fortune brand. It directly competes with Marina's refined vegetable oil portfolio and benefits from vastly greater scale and distribution.
• Cargill, Incorporated: Cargill is one of the largest global traders and processors of edible oils and a major private-label supplier to foodservice and retail. It overlaps with Marina across refined oils, specialty fats, and coconut product supply to B2B customers.

Regional players

• Watawala Plantations (WATA): Watawala Plantations is a major Sri Lankan conglomerate with palm oil and dairy exposure. While not a direct coconut oil peer, it is a large domestic food and agribusiness competitor within the same Sri Lankan market and channel structure.
• Ceylon Biscuits Limited (CBL): CBL is one of the largest branded food manufacturers in Sri Lanka. As a key domestic industrial customer for fats and oils, CBL is a direct downstream buyer of Marina's bakery margarine range and competes in the broader Sri Lankan branded foods market.
• NutriAsia (Datu Puti, UFC): NutriAsia is a leading branded condiments and coconut-based products company in the Philippines (Datu Puti, UFC). It is a regional peer with a comparable product mix of coconut milk, cooking oil, and coconut-based condiments for retail and foodservice.
• Wichy Plantation Company (Ceylon Coconut): Wichy and similar Sri Lankan coconut oil producers (e.g., Haycarb's coconut oil activities, Premium Edible Oils) are domestic direct competitors in physically refined coconut oil, competing for the same domestic retail shelves and industrial bakery customers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/c/MarinaFoods
• Facebookfacebook.com/Marinahealthyfoods
• Instagraminstagram.com/marinahealthyfoods
• Xx.com/Marina_Foods
• LinkedInlinkedin.com/company/marina-foods-pvt-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Marina Foods