Target Agriculture

What Target Agriculture does

Target Agriculture (Pvt) Ltd is a Sri Lanka-headquartered, founder-controlled organic agricultural processor and exporter operating across four Asian jurisdictions: Sri Lanka, Thailand, Vietnam, and Indonesia. Founded in 1994 by German entrepreneur Dr. Thomas Gerbracht, the company sources certified organic and Fair Trade produce from approximately 15,000 smallholder farmers plus larger farms in Malaysia and Thailand, aggregating inputs through local offices in each origin country. Its product portfolio spans 200+ SKUs across three core categories: coconut products (desiccated coconut, coconut milk powder, coconut flour, coconut sugar, coconut nectar syrup), cashew products (whole kernels in grades W240/W320/W450, broken kernels, roasted and flavored varieties, cashew butter and flour), and tropical fruit products (pineapple, mango, banana, lychee, dragon fruit, mangosteen, ginger, passion fruit, turmeric, graviola, lime, and snake fruit available in dried, IQF, freeze-dried, juice, puree, concentrate, and canned formats). All products carry an extensive certification portfolio including EU Organic, USDA Organic, Fair Trade, FSSC 22000, BRC, IFS, ISO 22000, JAS, Naturland, Bio Suisse, Orthodox Union, HALAL, and FDA.

The company's technology and operational backbone is rooted in certified organic and food safety-compliant processing facilities across its four countries, with vertical integration from farm-gate aggregation through dehydration, IQF, freeze-drying, juicing, and canning. It maintains its own Internal Control System (ICS) for organic compliance, a quality management function led by a Head of Quality Management, and runs value-added cashew processing through dedicated operational units in Vietnam. A wholly-owned subsidiary, Ce'Nedra (Pvt) Ltd, provides dedicated marketing and distribution services.

Commercially, Target Agriculture operates a B2B export model, selling bulk certified organic ingredients and finished products directly to enterprise food manufacturers (named account: Heinz) and organic food retailers (named account: Whole Foods Market) across Europe, the Americas, Asia, Australia, and the Middle East. Distribution is via direct field sales with products shipped in 20-ft containers; go-to-market relies heavily on trade exhibitions (notably Biofach in Nuremberg) and direct enterprise relationships rather than digital channels. Pricing is undisclosed but follows B2B bulk conventions. Reported annual revenue is $10 million per Financial Times, with a workforce now between 501 and 1,000 employees across the four operating countries.

Name

Target Agriculture

Legal name

Target Agriculture Pvt. Ltd.

Website

https://target-agriculture.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Target Agriculture (Pvt) Ltd is a founder-owned Sri Lankan exporter of certified organic coconut, cashew, and tropical fruit products, sourcing from 15,000 smallholders across Sri Lanka, Thailand, Vietnam, and Indonesia to supply food manufacturers and retailers in Europe, the Americas, Asia, Australia, and the Middle East.

Ownership category

akta.pro rank

Product category

Organic Agricultural Product Exports

NAICS

Vegetable and Melon Farming (1112), Oilseed and Grain Farming (1111), Other Farm Product Raw Material Merchant Wholesalers (424590)

SIC

Food And Kindred Products (2000), Agricultural Production-Crops (100), Canned, Frozen & Preservd Fruit, Veg & Food Specialties (2030)

akta.pro primary industry

Organic Row Crop Farming (Grains, Oilseeds, Pulses) (AFAGAKAA)

akta.pro secondary industries

Organic Herb, Spice & Medicinal/Aromatic Plant Farming (AFAGAKAE), Organic Sugar & Starch Crop Farming (Sugar Crops, Starch Potatoes) (AFAGAKAH)

Keywords

• Organic food exports
• Certified organic agriculture
• Fair trade ingredients
• Coconut product processing
• Tropical fruit manufacturing

Headquarters

HQ city

Weligama

HQ country

Sri Lanka

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Organic Agricultural Product Exports: Export of certified organic coconut, tropical fruit, and cashew products to international markets including Europe, America, Asia, and Australia. Products are sold as ingredients to food manufacturers and as finished products to retailers.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Target Agriculture (Pvt) Ltd is an organic agricultural product exporter that grows, manufactures, and exports certified organic coconut products, cashew products, and tropical fruit products (dried, IQF, freeze-dried, juice, puree, and canned formats) sourced from a network of 3,000 smallholder farmer families across Sri Lanka, Thailand, Vietnam, and Indonesia. The company supplies bulk organic ingredients to enterprise food manufacturers and finished organic products to organic food retailers in Europe, America, Asia, and Australia.

Product overview

Target Agriculture is an organic agricultural product exporter offering a diversified portfolio of coconut products, cashew products, and tropical fruits sourced from certified organic farms across Sri Lanka, Thailand, Vietnam, and Indonesia. The product portfolio comprises: Coconut Products (desiccated coconut chips in various toast levels, coconut milk powder, coconut flour, coconut sugar, coconut nectar syrup, and coated coconut kernels); Cashew Products (white whole kernels in various grades W240/W320/W450, broken kernel varieties, roasted and flavored kernels, cashew butter, cashew flour, and wasabi-coated products); and Tropical Fruit Products (extensive pineapple, mango, banana, lychee, dragon fruit, mangosteen, ginger, passion fruit, turmeric, graviola, lime juice, and snake fruit products available in dried, IQF, freeze-dried, juice, puree, and canned formats). All products are certified organic and fair trade, processed in facilities conforming to highest food safety standards.

Differentiator

Problem solved

Functional benefit

Products and services

• Coconut Products

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Fair Trade Certified Farmer CooperativescoreStrategic or Co-development PartnerTarget Agriculture works with Fair Trade certified farmer cooperatives in Sri Lanka (GKGS), Vietnam, and other regions. The company purchases certified organic produce from these cooperatives and contributes Fair Trade premium funds (over Rs. 30 million accumulated in GKGS) for community development projects including IT centers, preschools, and farmer education programs.
• Organic Cooperative No. 1coreStrategic or Co-development PartnerPartnership with organic cooperative No. 1 in Vietnam for black soldier fly larvae farming project. Organic waste is transported to the cooperative's farm to feed larvae, and composting by-products are used for organic cashew farming.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Olam Food Ingredients (ofi): Large global ingredient platform (spun out of Olam Group) sourcing and processing edible nuts, cocoa, coffee, dairy, and spices with significant presence in tropical origins. Competes for the same enterprise CPG contracts and shelf space, but at much larger scale across many categories.
• DOLE plc: Global fresh produce leader with significant pineapple, banana, and tropical fruit operations across Asia and Latin America. Comparable to Target Agriculture's tropical fruit sourcing and export model but operates at much greater scale across many fresh and packaged categories.
• Cargill: Global food and agricultural commodity giant with extensive operations in tropical origins, including coconut, palm, cocoa, and fruit. Overlaps with Target Agriculture in supplying food manufacturers with bulk ingredients but operates across a much broader portfolio.
• Symrise (Diana Foods): Global ingredients supplier whose Diana Foods division processes natural fruit, vegetable, and nut ingredients for food and beverage companies. Overlaps with Target Agriculture's fruit puree, juice, and dehydrated product categories serving similar food manufacturer customers.
• Fresh Del Monte Produce: Vertically integrated producer and distributor of fresh and prepared tropical fruits (pineapple, mango, banana) with global retail and foodservice reach. Overlaps with Target Agriculture's tropical fruit sourcing, processing, and export activities but at far greater scale and brand recognition.

Emerging players

• Earthbound Farm: US organic produce brand offering frozen, dried, and packaged organic fruits and vegetables to retail and foodservice. Comparable to Target Agriculture in the organic tropical fruit and dehydrated fruit space but primarily retail-focused and US-centric.

Direct peers

• Ciranda: US-based distributor and supplier of certified organic and fair trade ingredients including coconut products, cocoa, sweeteners, and tropical fruit derivatives. Comparable B2B organic ingredient model supplying food manufacturers and retailers globally.
• Tradin Organic: Global organic ingredient supplier with a portfolio that overlaps Target Agriculture's coconut, tropical fruit, and nut ingredients. Serves similar food manufacturer customers across Europe, North America, and Asia with comparable certified organic sourcing models.
• SunOpta: North-American organic food and beverage ingredient company producing plant-based ingredients including coconut, fruit purees, IQF fruits, and dried fruit powders. Direct competitor in the B2B organic ingredient space selling into the same food manufacturer and retail channels.
• Marigot Organic Foods: Specialist organic coconut and tropical ingredient processor based in Asia, supplying coconut milk powder, desiccated coconut, and related ingredients to international food manufacturers. Direct peer in the certified organic coconut export market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/TargetAgricultureOrganics
• LinkedInlinkedin.com/company/targetagricultureorganic

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 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 Target Agriculture