
A Look Back at 2024 Narayan Foods Achievements
As we step into the new year, it's important to reflect on the remarkable milestones achieved in 2024. It was a year filled with growth, innovation, and recognition, all made possible by the unwavering commitment of our team and partners.
Financial and Sales Growth
We experienced robust growth across key categories, with net sales revenue increasing by 22% to reach $32 million. Coconut oil sales rose nearly 10%, while the superfoods segment saw a remarkable growth of almost 100%.
Production Excellence
Our production facilities earned a 98.45% high score on the IFS Food Safety Certification audit, reflecting our continued dedication to superior quality and food safety standards.
New Market Expansions
We welcomed a number of major retail partners, including Rewe, Edeka, Penny, Mercator, Plodine, DE Smack, and multiple Aldi markets across Spain, Portugal, Switzerland, Belgium, and Germany. These partnerships are helping us make sustainable, healthy foods accessible to more consumers.
Commitment to Quality and Sustainability
DLG Awards Success
We were honored to receive 12 prestigious DLG awards for our superfood products, reaffirming our relentless pursuit of quality.
Disability-Friendly Company Recognition
Narayan Foods was proud to receive the 2024 "Disability-Friendly Company" award, a testament to our inclusive employment practices and dedication to social responsibility.
Sustainable Farming Initiatives
We launched an intercropping project in Sri Lanka in partnership with ADA to empower local farmers and promote eco-friendly agricultural practices.
Innovative Product Development
The year saw significant advancements in plant-based food innovation, including wholesome porridge bowls, vegan pasta toppings, and ready-to-eat vegetable meals.
EcoVadis Sustainability Recognition
We earned an EcoVadis Bronze Medal, achieving an improved score of 64/100, which underscores our commitment to continuous environmental, social, and governance improvements.
Marking a Decade of Progress
2024 was a particularly meaningful year as we celebrated 10 years of innovation, growth, and impactful partnerships. The past decade has been a journey of relentless pursuit toward a healthier, more sustainable food future.
Thank you to our dedicated team, partners, and customers who have been integral to our success. Together, we look forward to building on these achievements and shaping an even brighter future.
Stay connected for more updates as we continue this journey toward excellence.