Beverage & Food IPOs in 2025: Companies Taking the Public Leap

After a strong showing in 2024, leading packaged foods company BBB Foods saw their stocks rise from $17.50 to over $28 per share, followed by a successful secondary offering this year. Moreover, Guzman y Gomez’s, a renowned Australian fast-casual chain known for a fresh, made-to-order Mexican food experience, whose shares surged 37% on debut, now has its very first location in Illinois.

In 2025, new initial public offerings (IPOs) are emerging across packaged foods, alternative proteins and tech-enabled food solutions, signaling that scientific investment is becoming a key competitive differentiator.

Nestlé Health Science, in partnership with Tufts University, recently named Kresko RNAtech as the winner of the Innovate Forward: Healthy Aging Challenge for its pioneering work in identifying and stabilizing dietary RNAs — naturally occurring molecules in fresh foods that support cellular health.

On the regulatory side, the FDA’s recent authorization of 20 ZYN nicotine pouch products, based on extensive scientific review and lower-risk profiles compared to traditional tobacco, highlighted how rigorous evidence supports bringing new consumables to market.

Additionally, AI is powering ingredient discovery and supply chain optimization, enabling companies to innovate faster and meet evolving consumer demands.

In 2025, established players and innovators are tapping into market demand for convenience, sustainability and product diversity.

Below is a look at recent beverage and food IPOs of 2025.

Smithfield Foods

Current Share Price:

Smithfield Foods is a US packaged meats producer, offering fresh pork, bacon, sausage and ready-to-eat products across retail and foodservice channels.

In February 2025, the company raised approximately $1.14 billion through its IPO at $19 per share, trading on the NYSE under the ticker “SFD.” The offering followed strong fiscal 2024 results, with $18.2 billion in revenue.

Furthermore, the company reported a Q4 profit of $211 million on $3.95 billion in sales, marking a turnaround from the prior year’s losses. For 2025, Smithfield projects an adjusted operating profit of up to $1.3 billion.

Marwynn Holdings

Current Share Price:

Marwynn Holdings develops plant-based protein ingredients for global food manufacturers, with a focus on functionality and clean-label formulations.

The company’s flagship product, NutriGel, derived from chickpeas and fava beans, supports texture and emulsification in plant-based foods. Additionally, in February 2025, Marwynn raised $198 million in its IPO at $11 per share, trading on Nasdaq under the ticker “MWYN.”

Moreover, Marwynn will be expanding production and pursuing regulatory certifications in Europe and Asia, backed by ongoing research to enhance ingredient performance, nutritional profiles and global market readiness.

Epsium Enterprise Limited

Current Share Price:

Epsium Enterprise Limited, a Macau‑based importer and wholesaler of premium wines and spirits, closed its Nasdaq IPO on March 27, 2025, raising $5 million by selling 1.25 million shares at $4.00 apiece under the ticker “EPSM.”

The net proceeds from the IPO are intended to be used for expanding the company’s product portfolio, enhancing distribution channels and general corporate purposes.

Epsium operates across China, France, Chile, Australia, the US and Scotland, supplying its portfolio through supermarkets, hospitality channels and gaming venues. The company plans to introduce additional high‑end brands and ramp up marketing to deepen market penetration and drive revenue growth in the region.

MasterBeef Group

Current Share Price:

MasterBeef Group closed its IPO, issuing 2 million ordinary shares at $4 each to raise $8 million in gross proceeds. Shares began trading on the Nasdaq under the ticker MB on April 10, 2025.

The company currently operates 12 locations in Hong Kong and reported approximately $31.5 million in revenue for the first half of 2024 — a 15% increase year over year.

With proceeds from the IPO, MasterBeef plans to expand across Southeast Asia, open new locations, develop semi‑finished products and upgrade its technology platform for streamlined table service, positioning the company to scale and meet growing demand.