P.I.C.Co DOOEL

What P.I.C.Co DOOEL does

P.I.C.Co DOOEL is a North Macedonia-based supplier of raw materials, functional additives, and proprietary blends for the food processing industry, founded in 2001 as the local arm of the international P.I.C.Co group. Operating from Skopje with wholly-owned subsidiaries in Kosovo (P.I.C.Co-KOSOVO L.L.C) and Albania (P.I.C. Co Sh.p.k), the company distributes a portfolio of over 1,000 raw materials sourced from international ingredient manufacturers including Danisco, IFF/DuPont, Purac Bioquimica, AVEBE, and Fuji Oil Europe. Since 2007 it has also manufactured its own functional blends under private label and the Snacktop brand, producing more than 60 tailor-made formulations for specific applications.

The company's go-to-market is a sales-led, enterprise field-sales model with industry-specialized sales and application managers covering meat, dairy, bakery, confectionery, milling, canning, and ice cream verticals, alongside dedicated regional managers for Macedonia, Kosovo, and Albania. All processes are ISO 22000 certified (held continuously since 2005 and most recently renewed to ISO 22000:2018 in 2023), with Halal certification on its tailor-made products. Pricing is quote-based and negotiated per customer, and order fulfillment runs at 24–48 hours locally and under 10 days for export.

The business model blends lower-margin third-party raw materials distribution with higher-margin own-produced functional blends, supported by technical application support that the company positions as a key differentiator. Revenue is generated entirely through product sales (no licensing, subscription, or marketplace model disclosed), and the company cites more than 1,000 satisfied customers spanning primary food verticals and adjacent applications including beverages, cosmetics, pharmacy, animal feed, textiles, and light chemicals.

Name

P.I.C.Co DOOEL

Legal name

P.I.K. Ko DOOEL

Website

https://pic-co.com.mk

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

P.I.C.Co DOOEL is a Skopje-headquartered, Macedonian subsidiary of the international P.I.C.Co group that distributes over 1,000 raw materials and manufactures 60+ tailor-made functional blends for food processors across Macedonia, Kosovo, and Albania. It serves meat, dairy, bakery, confectionery, milling, canning, and ice cream manufacturers through specialized sales and application managers.

Ownership category

akta.pro rank

Headquarters

HQ city

Skopje

HQ country

North Macedonia

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Raw Materials Distribution: Distribution of high-quality raw materials and functional additives for food, beverage, cosmetics, pharmacy, animal feed, textiles, and light chemical industries sourced from international manufacturers
2. Own Production - Functional Blends: Since 2007, the company manufactures functional blends and additives under its own brand, including premixes, improvers, stabilizers, and seasonings for various food industry applications

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

P.I.C.Co DOOEL distributes over 1,000 raw materials and functional additives sourced from leading international manufacturers for the food, beverage, cosmetics, pharmaceutical, animal feed, textile, and light chemical industries. Since 2007, the company also manufactures its own functional blends, premixes, improvers, stabilizers, and seasonings, including the Snacktop branded range for the meat, dairy, bakery, confectionery, milling, canning, and ice cream sectors across Macedonia, Kosovo, and Albania.

Product overview

P.I.C.Co DOOEL is a supplier of raw materials and functional additives for the food processing industry, offering products across seven industry categories: Meat Processing, Dairy, Confectionery, Bakery, Milling, Fruit & Vegetables Processing (Canning), and Ice Cream. Additionally, the company operates its own production facility (since 2007) manufacturing proprietary functional blends and premixes under the Snacktop brand and various functional blend categories. The product portfolio encompasses over 1000 raw materials sourced from international suppliers, alongside 60+ tailor-made functional products. The company serves the food, beverage, cosmetics, pharmacy, animal feed, textiles, and light chemical industries.

Differentiator

Problem solved

Functional benefit

Products and services

• Meat Industry Products Raw materials, casings (collagen, polyamide, natural, fibrous, cellulose), oleoresins, polyphosphates, proteins, starches, blends for breading, hygiene tests, and functional/spicy blends for meat processing applications.
• Dairy Industry Products Cheese decolorizers, beta carotene, gelatin, preservatives, natamycin, cheese enzymes, milk powders, caseinates, whey proteins, modified starches, packaging materials, pH regulators, starter cultures, transglutaminase, fibers, and hydrocolloids for dairy applications.
• Confectionery Industry Products Lactic acid and lactates, flavors, emulsifiers and stabilizers (lecithin, triglycerides, PGPR, PGE, STS), cocoa products, fats and oils, leavening agents, proteins, starches, sugars and syrups for confectionery production.
• Bakery Industry Products pH regulators, bread decorations, emulsifiers (DATEM, lecithin, monoglycerides, SSL), enzymes (alpha-amylase, gluco-oxidase, xylanase, lipase, protease, transglutaminase), cocoa powder, preservatives, improvers, premixes, natural colors, wheat gluten, vegetable fats, hydrocolloids, and humectants for bakery applications.
• Milling Industry Products Enzymes including alpha-amylase, gluco-oxidase, xylanase (hemicellulase), lipase, and wheat gluten for milling industry applications.
• Fruit and Vegetables Processing (Canning) Products pH regulators, preservatives (potassium lactate, potassium sorbate, lactic acid, sodium lactate), flavors and colors, sweeteners (glucose, isoglucose, sorbitol, sucralose, fructose), spices, fruit powder, starch (potato, wheat, corn), and stabilizers/hydrocolloids (CMC, sodium alginate, pectins) for canning applications.
• Ice Cream Products Flavors, ice cream base, coatings (chocolate and milk chocolate compounds), glucose products, dextrose, decorations, cocoa products, hazelnut pasta, milk products, pH regulators, vegetable oils and fats, stabilizers (guar gum, carrageenan, xanthan gum, locust bean gum, gelatin), tests, and fibers for ice cream production.
• Own Production Functional Blends (Snacktop and tailor-made) Proprietary functional blends manufactured in-house, including the Snacktop branded spicy mixes (Pepperoni, Pizza, Cheese, Spinach, Tomato), improvers and premixes for bakery and fine bakery, improvers and stabilizers for confectionery, functional blends for soft drinks, meat processing, and dairy, and chocolate and cocoa products for industrial and artisan applications.

Quantifiable outcome

• Over 1000 satisfied customers served
• +2 more outcomes

Named customers3 records

Segments7 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

31 partnerships are on record, tiered supporting and core.

• Neochim-BulgariasupportingTechnology or IntegrationInternational raw materials supplier partnership for Bulgarian chemical and industrial products
• Walter RausupportingTechnology or IntegrationGerman supplier partner for specialized food ingredients
• Amylum BulgariasupportingTechnology or IntegrationStarch and sweetener products supplier from Bulgaria
• Aromata GroupsupportingTechnology or IntegrationFlavors and aroma solutions provider partnership
• AVEBE European Sales Centre GmbHsupportingTechnology or IntegrationPotato starch and potato protein products supplier
• BHJ A/S - Protein FoodssupportingTechnology or IntegrationProtein ingredients supplier for food applications
• Charm SciencessupportingTechnology or IntegrationFood safety testing solutions including antibiotic and hygiene tests
• ChemstersupportingTechnology or IntegrationChemical products supplier for food industry applications
• E.P.K. Ingredients SARLsupportingTechnology or IntegrationSpecialty ingredients supplier
• DaniscocoreTechnology or IntegrationLeading global supplier of enzymes, cultures, and texturizing solutions - key strategic partner for dairy and meat applications
• Luer Chem LLCsupportingTechnology or IntegrationChemical ingredients supplier
• Flexopack SA Plastics IndustrysupportingTechnology or IntegrationPackaging materials supplier for food industry
• Fuji Oil EuropesupportingTechnology or IntegrationVegetable oil and fat products supplier from Japan-based company
• Havero HoogwegtsupportingTechnology or IntegrationDairy ingredients and solutions provider
• Hoogwegt International bvsupportingTechnology or IntegrationInternational dairy ingredients trading partnership
• Milkiland EU Sp. z o.o.supportingTechnology or IntegrationDairy products and ingredients supplier
• Milkpol, spol. s r.o.supportingTechnology or IntegrationDairy ingredients supplier from Czech Republic
• MOI Foods Malaysia SDN. BHDsupportingTechnology or IntegrationFood ingredients supplier from Southeast Asia
• Purac Bioquimica SAsupportingTechnology or IntegrationLeading supplier of lactic acid, lactates, and preservation solutions - key partner for dairy and meat applications
• Silva ExtractssupportingTechnology or IntegrationNatural extracts and botanical ingredients supplier
• Syral SA (Tereos)supportingTechnology or IntegrationStarch, ethanol, and protein products from major European agro-industrial group
• Visko Teepak N.V.supportingTechnology or IntegrationCasings and processing aids supplier for meat industry
• Wipak Polska S.p.zo.osupportingTechnology or IntegrationPackaging solutions supplier
• NOREVO GmbHsupportingTechnology or IntegrationSpecialty ingredients supplier from Germany
• Thrace Ipoma S.A.supportingTechnology or IntegrationStarch and ingredients supplier for Bulgaria region
• W Hydrocolloids, IncsupportingTechnology or IntegrationHydrocolloid ingredients supplier
• Weishardt Internacional - Gelima a.s.supportingTechnology or IntegrationGelatin and hydrocolloid products supplier from Slovakia
• Ineos Oxide Europe AGsupportingTechnology or IntegrationChemical derivatives and specialty chemicals supplier
• Oltchim S.A. RomaniasupportingTechnology or IntegrationChemical products supplier from Romania
• RicosupportingTechnology or IntegrationCarrageenan and seaweed extract supplier
• IFF/DuPontcoreTechnology or IntegrationMajor global supplier of flavors, ingredients, and integrated solutions for food and beverage industry

Scale indicators8 records

Recent moves8 records

Expansion highlights4 records

Regional players

• DKSH: Market expansion services provider distributing ingredients across Asia and emerging markets. Comparable as a regional distribution-plus-application-support partner, though focused on APAC rather than Western Balkans.

Broad incumbents

• Azelis: Specialty ingredients distributor focused on food, personal care and industrial markets across EMEA, Americas and APAC. Same distribution-plus-application-support archetype as P.I.C.Co but operating at enterprise scale.
• Barentz: European-headquartered food and nutrition ingredients distributor with value-added formulation capability. Comparable in mixing distribution with proprietary blends, but at much larger scale and broader geographic footprint than P.I.C.Co.
• Brenntag: World's largest chemical and ingredients distributor with significant food and nutrition exposure. Comparable on the raw materials distribution side; P.I.C.Co competes in narrower regional niches where Brenntag's local presence is thinner.
• IMCD: Global specialty ingredients and chemicals distributor serving food, personal care and pharma. Closest pure-play analog to P.I.C.Co's distribution-plus-application-support model, though far larger and more diversified geographically.
• Tate & Lyle: Global food ingredient manufacturer with categories (texturants, sweeteners, proteins) overlapping P.I.C.Co's bakery, dairy and confectionery portfolios. Competes indirectly as a potential direct supplier to the same Western Balkan customers.
• Univar Solutions: Global chemicals and ingredients distributor with strong food ingredient portfolio. Comparable distribution model and supplier partnerships; operates at a vastly larger scale and is less specialized in SEE food verticals.
• Caldic: Specialty ingredients distributor and formulator serving food, personal care and pharma end-markets. Comparable in offering distribution plus custom blending; substantially larger and more geographically diversified than P.I.C.Co.
• Döhler: German ingredient specialist for beverages, dairy and bakery with proprietary blends and natural flavors. Comparable on the formulation/blending side of P.I.C.Co's business; serves as both a model and a potential global competitor.

Others

• IFF (International Flavors & Fragrances): A core upstream supplier to P.I.C.Co (flagship Danisco/IFF/DuPont partnership). Not a direct competitor but a strategic partner whose product roadmap, pricing and go-to-market decisions materially shape P.I.C.Co's offerings in bakery, dairy and confectionery.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks4 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/piccomk

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries2 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 P.I.C.Co DOOEL