Vedan International (Holdings) Ltd.

Company Snapshot

Founded: 1970
Entity Type: Public
Employees: 3,945
Region: Vietnam
Revenue: $386.2 Millions
Revenue Year: 2023
Headquarter: Dong Nai Province, Vietnam
Key Geographics: Vietnam, Japan, The PRC, ASEAN (excluding Vietnam), The US.
Corporate Address: National Road 51, Hamlet 1A, Phuoc Thai Village, Long Thanh District, Dong Nai Province Vietnam Tel. +84-61-3825-111 www.vedaninternational.com

Company Overview

Vedan International (Holdings) Ltd. is a prominent leader in producing fermentation-based amino acids and food additives in the Asia-Pacific region. Established as a player in the industry, Vedan is renowned for being the largest producer of monosodium glutamate (MSG) in Southeast Asia and holds a significant position as the leading supplier of lysine in Vietnam. The specializes in a range of amino acid products, with MSG and lysine central to its operations. ‘Vedan’s extensive production capabilities and market presence underscore its influential role in the regional and global amino acids market.

Financial Highlights (FY 2023)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
Operating Income: ***

This information is available for BCC Research members only.

Vedan International (Holdings) Ltd. In Reports

Commercial Amino Acids

BCC Research Market Analyst says global market for commercial amino acids was valued at $30.1 billion in 2023 It is expected to grow from $31.8 billion in 2024 to $42.8 billion by 2029, at a CAGR of 6.1%.

Global Market for Monosodium Glutamate

BCC Research Market Report says global monosodium glutamate market is projected to grow from $6.6 billion in 2022 to $9.2 billion in 2028 at a CAGR of 6.1% during the forecast period.

Commercial Amino Acids

According to BCC Research Report The global amino acids market was $28.6 billion in 2022 and it should reach $38.8 billion by 2028 from $30.1 billion in 2023 at a CAGR of 5.2%.

Company's Business Segments

  • MSG + seasonings : This segment includes a range of Flavoring Products like Soup Stocks, Bouillons and various seasoning powders that are used to enhance the Taste of Food across different Culinary Traditions.
  • Modified starch + native starch + maltose : Modified Starch is Chemically Altered to meet the needs of various industries, such as Food, Textiles, Paper industries. Native Starch is the Unmodified Starch derived from Natural Sources such as corn or Tapioca, commonly used in Food Processing and other industrial applications. Maltose is a Sugar derived from Starch, Maltose is used in Food Products and in the Brewing Industry.
  • Specialty chemicals : This segment includes a range of Chemicals designed for Specific Industrial Applications. These chemicals are often customized for particular sectors like Pharmaceuticals, Textiles, Manufacturing.
  • Fertilizers and feed products : This segment includes Production of Fertilizers, which are essential for enhancing Agricultural Productivity. These could include Nitrogen-based, Phosphorous-based, Compound Fertilizers. Feed Products segment produces Feed Products for Livestock, which provide essential Nutrients to Animals in the Agriculture Sector, helping in Animal Growth and Productivity.
  • Others : This segment includes various Support Products, Logistics Services and Others.

Applications/End User Industries

  • Adhesives
  • Metal
  • Paper
  • Textiles
  • Construction
  • Mining
  • Cosmetics
  • Biodegradable
  • Pharmaceutical
  • Agriculture