Beverages

Thailand's oldest private brewery, founded 1933; producer of Singha and Leo beers, competing with ThaiBev's Chang in a two-player domestic beer duopoly.

Thailand's oldest brewery; private family-held; Singha, Leo beer, Purra water; ~30-35% Thai beer share.

Boon Rawd Brewery's diversified holding arm; owns Singha beer brand, B-ing functional drinks, and extends into food service and property.

Listed Thai energy drink; Carabao brand, UK, global export; FY2024 revenue ~THB 20B; Chelsea FC, Carabao Cup sponsorship.

Listed Thai RTD green tea specialist; founder Tan Passakornnatee; FY2024 revenue ~THB 6B.

Bangkok craft brewery producing artisan beers under the Mahanakhon brand; part of Thailand's emerging craft-beer segment operating within a tight excise-licensing framework.

Austrian heirs of Dietrich Mateschitz holding the 49% stake in Red Bull GmbH following his death in October 2022; among the wealthiest private stakeholders in the global beverage industry.

Listed Thai energy drink, OTC, pharmacy leader; M-150, Lipovitan; FY2024 revenue ~THB 29B.

Austrian energy-drink company co-founded by Dietrich Mateschitz and Chaleo Yoovidhya in 1984; sells 12-plus billion cans annually across 175 countries with a 51% Yoovidhya and 49% Mateschitz ownership structure.

Listed TCC/ThaiBev-related Thai beverage manufacturer; Crystal drinking water, Est Cola, Oishi bottling.

Thai private wine and ready-to-drink beverage producer owned by the Yoovidhya family; markets Spy Wine Cooler and Mont Clair wine brands across Thailand and export markets.

Thai private conglomerate controlled by the Yoovidhya family; manufacturers of Krating Daeng (the original Thai energy drink that became Red Bull) and operator of TCP Group.

Private Thai conglomerate controlled by Charoen Sirivadhanabhakdi; anchor shareholder of ThaiBev, AWC, and BJC across beverages, property, and retail.

Yoovidhya family beverage holding; owns Red Bull Thailand IP, Krating Daeng, emerging beverages portfolio.

TCC Group beverage flagship; Chang beer, SangSom spirits, F&N, Oishi; FY2024 revenue ~THB 290B; SGX-listed.

Thai billionaire family co-founders of Red Bull; the Yoovidhya family holds approximately 51 percent of the Red Bull energy drink empire, tracked by Forbes as one of Thailand's wealthiest families.