- Sadot Group Inc (SDOT, Financial) completes first green mung bean trade through Brazilian subsidiary.
- Approximately 95% of Brazil's green mung beans are exported, highlighting strategic market potential.
- Brazilian pulses market projected to reach 3.3 million tons annually, offering growth opportunities for Sadot.
Sadot Group Inc (SDOT), an emerging player in the global agri-food supply chain, has announced the successful execution of its first green mung bean trade transaction through its Brazilian subsidiary, Sadot Brazil Ltda. This marks a strategic expansion into the Brazilian pulses market with the initial export destination being Pakistan.
Brazil ranks as a major exporter of green mung beans, directing approximately 95% of its production to international markets, with a strong focus on China and India. This robust export framework provides Sadot with a significant opportunity to leverage established trade channels to enhance its global market presence.
The Brazilian pulses market is exhibiting considerable growth potential, with projections estimating a reach of 3.3 million tons annually. Sadot's initiative capitalizes on this growth, potentially positioning the company as a key player within this niche agricultural segment.
Established in January 2024 and based in Curitiba, Paraná, Sadot Brazil Ltda is focused on building local origination capabilities by collaborating with farmer collectives and solidifying logistic infrastructures for commodity exports. The integration of its operations with the Canadian subsidiary, which has extensive experience in trading legumes and pulses, aims to enhance operational efficiencies, reduce costs, and expand market coverage.
Sadot Group Inc continues to innovate within the agri-food supply chain, sourcing agri-commodity products from key producing regions and delivering them to international markets. The company's strategic expansion into the green mung bean segment aligns with global dietary trends shifting towards plant-based protein alternatives.
