Name

I.D.I Corporation

Legal name

Công Ty Cổ Phần Đầu Tư Và Phát Triển Đa Quốc Gia I.D.I

Website

https://idiseafood.com

Company type

Public

Founded year

2008

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

I.D.I Corporation is a Vietnam-based, publicly listed pangasius processor and exporter that operates a vertically integrated hatchery-to-processing value chain and sells frozen fillets, portions, steaks, and whole fish to wholesale, retail, and food-service customers in 50+ countries.

Ownership category

akta.pro rank

Product category

Seafood Processing and Export

NAICS

Seafood Product Preparation and Packaging (31171), Fish and Seafood Merchant Wholesalers (424460), Food Manufacturing (311)

SIC

Prepared Fresh Or Frozen Fish & Seafoods (2092), Food And Kindred Products (2000)

akta.pro primary industry

Meat, Poultry & Seafood Wholesale (AFAIABAF)

akta.pro secondary industry

Ethnic Meat, Poultry & Seafood Wholesale (AFAIAIAC)

Keywords

• Pangasius processing
• Seafood export
• Aquaculture products
• Frozen fish fillets
• Fish oil refining

Headquarters

HQ city

Hang Dong

HQ country

Thailand

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Pangasius product sales: IDI generates revenue primarily through the processing and export of pangasius (tra fish) products including fillets, steaks, portions, and whole fish. The company operates an integrated value chain from hatchery to processing, serving global wholesale, retail, and food service customers across 50+ countries.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

I.D.I Corporation is a vertically integrated pangasius (tra fish) processing and exporting company operating an end-to-end value chain from hatchery and farming to processing plants. The company produces and exports a full range of pangasius products — fillets, steaks, portions, whole fish, and value-added cuts — to wholesale, retail, and food service customers in over 50 countries. It also processes pangasius by-products into refined cooking oil and stearin for export.

Product overview

I.D.I Corporation is a vertically integrated pangasius (tra fish/basa) processing company operating from hatchery through farming to processing plants. The product portfolio centers on pangasius fillets and processed fish products organized into four categories: (1) Fillets — including Skinless Semi-trimmed, Skinless Well-trimmed, Skin-on Well-trimmed, Skin-on Semi-trimmed, and CO Treated variants; (2) Steak and Portion — including Skin-on Portions, Skinless Portions, and Bone-in Steak cuts; (3) Whole Fish — including Headless Gutted and Butterflied formats; and (4) Other Cuts — including Belly, Rose Rolls, and Skewered Portions. The company also operates a secondary product line processing fish fat into refined cooking oil and stearin for export. All products are produced through a self-contained modern production process spanning nursery, farming, and processing facilities with quality management systems. The company exports to over 50 countries and territories worldwide.

Differentiator

Problem solved

Functional benefit

Products and services

• Skinless, Semi-trimmed Pangasius Fillets Skinless, semi-trimmed pangasius fillets processed from IDI's own aquaculture farms. Available in sizes 60g-120g, 120g-170g, 170g-220g, and 220g-up. Presented as Individually Quick Frozen or Block Frozen in wholesale PE bags or retail printed bags/vacuum pack. Targeted at global wholesale, retail, and food service customers.
• Skinless, Semi-trimmed Pangasius Fillets (EU Grade) Skinless, semi-trimmed pangasius fillets conforming to EU market specifications. Presented as Individually Quick Frozen or Block Frozen. Sized 60g-120g, 120g-170g, 170g-220g, and 220g-up. Designed for European market customers.
• Skin-on, Well-trimmed Pangasius Fillets Skin-on, well-trimmed, boneless pangasius fillets with belly-off and fat-off preparation, sourced from pangasius raised in the Mekong Delta. Available in sizes 60g-120g, 120g-170g, 170g-220g, and 220g-up. For global wholesale, retail, and food service customers.
• Skinless, Well-trimmed Pangasius Fillets Skinless, well-trimmed, clean-shaped, boneless pangasius fillets from pangasius raised in freshwater ponds of the Mekong Delta. Available in sizes 60g-120g, 120g-170g, 170g-220g, and 220g-up. For global wholesale, retail, and food service customers.
• Skin-on, Semi-trimmed Pangasius Fillets Skin-on, semi-trimmed boneless pangasius fillets with skin and red meat and fat trimmed semi-clean. Available in sizes 60g-120g, 120g-170g, 170g-220g, and 220g-up. For global wholesale, retail, and food service customers.
• CO Treated Pangasius Fillets Clean-shaped, boneless pangasius fillets treated with carbon monoxide (CO) for enhanced visual appeal, produced per market-specific requirements. Available in sizes 60g-120g, 120g-170g, 170g-220g, and 220g-up. Targeted at markets where CO treatment is permitted.
• Skin-on Pangasius Portions Skin-on, boneless pangasius portions cut from fillets. Available in sizes 40g-60g and 60g-up. For retail and food service channels.
• Skin-on, Bone-in Pangasius Steak Skin-on, bone-in pangasius steak cut from whole fish. Available in sizes 60g-120g, 120g-up, or by dimension 2.5cm-3cm, 3cm-5cm, 5cm-up. Format designed for food service operators.
• Skinless Pangasius Portions Skinless, boneless pangasius portions cut from clean-shaped fillets. For retail and food service channels.
• Headless, Gutted Whole Pangasius Fish Frozen whole pangasius fish with head removed and gutted. Available in sizes 500g-800g and 800g-up. For export markets.
• Butterflied Whole Pangasius Fish Whole pangasius fish split open in butterfly style for grilling and specific market requirements. Available in sizes 500g-800g and 800g-up. For export markets.
• Pangasius Belly Value-added pangasius belly cuts in sizes 40g-60g. A by-product cut from pangasius processing.
• Rose Roll Pangasius Product Clean-shaped pangasius fillets rolled into rose format, an innovative value-added processed pangasius product for retail and food service presentation.
• Skewered Skinless Pangasius Portion Clean-shaped boneless pangasius portions on skewers, sized based on order requirements. Value-added convenience product for food service.
• Refined Cooking Oil and Stearin from Pangasius Fish Fat Fish fat processed into refined cooking oil, stearin, and supplementary items, exported to global markets. Part of IDI's integrated value chain strategy to maximize by-products and minimize waste from pangasius processing. Operational since 2014.

Quantifiable outcome

• IDI's products are available in over 50 countries and territories worldwide
• +3 more outcomes

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

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• PATAGONIA CUISINE LLCcoreStrategic or Co-development Partner · 1 July 2024Strategic partnership agreement signed in July 2024 with Patagonia Cuisine LLC based in Atlanta, Georgia to develop the U.S. and South American markets. The two companies agreed to collaboratively build the 'IDI' brand in the U.S., reinforcing the foundation for sustainable growth in these markets.
• Sao Mai GroupcoreOthersIDI is a key subsidiary and member of Sao Mai Group. After 25 years of establishment, Sao Mai Group has implemented strategies across real estate, aquaculture, seafood export, aquafeed production, eco-tourism, construction design, labor export, and renewable energy sectors. Sao Mai Group CEO Le Tuan Anh has been involved in IDI's strategic initiatives.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Thai Union Group: Global seafood conglomerate (Chicken of the Sea, Bumble Bee, King Oscar) and one of the world's largest seafood processors. Overlaps with IDI in frozen fillet processing and global B2B distribution, but with a much broader species portfolio and brand portfolio.
• Maruha Nichiro: Japan's largest seafood company with global aquaculture, processing, and distribution operations. Overlaps with IDI in salmon/cod/aquaculture processing and Asian seafood distribution channels.
• Clearwater Seafoods: Canadian seafood processor and distributor specializing in premium shellfish and finfish. Comparable in B2B seafood processing and global frozen distribution, though focused on wild-caught species rather than farmed pangasius.
• Trident Seafoods: Large U.S. seafood company with vertically integrated harvesting and processing. Comparable in supplying frozen fillet and portioned seafood to North American retail and food service channels that IDI is targeting through its new U.S. plant.
• Charoen Pokphand Foods (CPF): Thai agro-industrial and aquaculture conglomerate with global seafood operations including fish and shrimp processing. Comparable in vertically integrated aquaculture-to-processing model, though much larger and more diversified across proteins.

Direct peers

• Hung Vuong Corporation: Vietnamese pangasius and seafood processor/exporter with vertically integrated aquaculture operations. Competes with IDI in core pangasius fillet categories and shares similar export markets across the EU, U.S., and Asia.
• Vinh Hoan Corporation: Vietnam's largest pangasius (tra fish) processor and exporter. Direct competitor in the same Vietnamese pangasius value chain, serving similar global B2B wholesale, retail, and food service customers with overlapping fillet, portion, and value-added product portfolios.
• Pacific Seafood: Vertically integrated U.S. seafood processor and distributor serving retail, foodservice, and wholesale. Comparable in B2B frozen seafood distribution and value-added processing relevant to IDI's U.S. market entry strategy.
• High Liner Foods: North American value-added frozen seafood supplier serving retail and food service. Comparable in B2B distribution of frozen fillets and portions to retailers/foodservice, especially relevant given IDI's U.S. expansion via Patagonia Cuisine.
• Agifish (An Giang Fisheries Import & Export JSC): Vietnamese pangasius processor and exporter based in the Mekong Delta. Direct comparable in species (pangasius), processing format, and B2B export distribution model across 50+ countries.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@saomaigroup6051/videos
• Facebookfacebook.com/idicorporationofficial?mibextid=LQQJ4d

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries9 records

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 I.D.I Corporation