Top 11 Largest Alcoholic Beverage Companies in Asia
Some drinkers love studying the histories of various distilleries, comprehending the nuances of the manufacturing process, and developing their palates to ... read more...appreciate complex flavor profiles. On the other side, some people hold the belief that while wine is excellent, booze is quicker. But they all share one thing in common, that is the strong passion for alcoholic beverages. To help them broaden their horizon about this field, Toplist has compiled a rundown of the Largest Alcoholic Beverage Companies in Asia.
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China's Kweichow Moutai Co., Ltd. is a partially publicly traded, partially state-owned company that specializes in the production and marketing of the distilled spirit Maotai baijiu as well as the manufacturing and distribution of food, drink, and packaging products, the creation of anti-counterfeiting technology, and the study and creation of pertinent information technology products.
It is China's most valuable non-technology corporation as of 2021 and the biggest beverage company in the entire world. Kweichow Moutai surpassed Tencent in 2022 to become the biggest firm in China in terms of market capitalisation.
Kweichow Moutai's market cap was $322.79 billion as of March 2023. According to our data, this places Kweichow Moutai as the 22nd most valuable firm in the world by market cap. The market capitalization, often known as market cap, is a measure of a firm's value that takes into account all of the outstanding shares of a publicly listed company.
The most recent financial reports from Kweichow Moutai show that the company's current revenue (TTM) is $18.49 B. The corporation generated $16.93 billion in revenue in 2021, a rise from $14.30 billion in revenue in 2020. The total income that a business makes through the sale of its products or services is known as revenue. Contrary to earnings, no deduction is made for expenses.
Founded: 1999
Headquarter: Maotai, Guizhou , China
Market Capitalization: $322.79 Billion as of March 2023
Revenue in 2022 (TTM): $18.49 B
Website: https://www.moutai.be/ -
Wuliangye Yibin is a Chinese alcohol manufacturer. Its most famous product, Wuliangye, is created from five organic grains: Proso millet, corn, glutinous rice, long-grain rice, and wheat. It specializes in producing baijiu.
The company also sells Tiandichun, Wuliangchun, Wuliangshen, Changsanjiao, Jinliufu, Laozuofang, Liuyanghe, Lianghuchun, and Xiandairen as its brand-named alcoholic spirits. These aromatic baijius are Wuliangye and Tiandichun. The company, which has its headquarters in Yibin, Sichuan Province, sells its goods both domestically and abroad. The corporation has eight significant subsidiaries as of December 31, 2007.
Wuliangye Yibin's market valuation was $112.38 billion as of March 2023. According to our statistics, this places Wuliangye Yibin as the 116th most valuable company in the world by market cap. The market capitalization, often known as market cap, is a measure of a firm's value that takes into account all of the outstanding shares of a publicly listed company.
The most recent financial reports for Wuliangye Yibin show that the company's current revenue (TTM) is $11.01 B. In 2021 the corporation produced a revenue of $10.21 B an increase over the years 2020 revenue that were of $8.33 B. The total income that a business makes through the sale of its products or services is known as revenue. Contrary to earnings, no deduction is made for expenses.
Founded: 1998
Headquarter: Yibin, Sichuan, China
Market cap: $112.38 Billion
Revenue in 2022 (TTM): $11.01 B
Website: https://www.wuliangye.be/ -
Jiangsu Yanghe Brewery JSC Limited (Jiangsu Yanghe) works as a wine and spirit manufacturer company. It carries out the manufacturing and sales of Chinese Baijiu. Wine, cocktails, and baijiu are all included in the company's product line. Dream Blue, Sky Blue, Ocean Blue, Sujiu, Zhenbaofang, Yanghe Daqu, and Shuanggou Daqu are all parts of Jiangsu Yanghe's Baijiu series.
Additionally, it provides the square series, start series, pricey series, micromolecule series, and blue classic series. The business sells its goods through wholesale wholesalers and online direct selling platforms all around China. Suqian, Jiangsu, China serves as the home office for Jiangsu Yanghe.
YANGHE's market capitalization as of March 2023 is $36.92 billion. By market cap, this places YANGHE as the 457th most valuable company in the world. The most recent financial reports from YANGHE show that the company's current revenue (TTM) is $4.52 Billion. The company generated $3.90 billion in revenue in 2021, an increase from $3.03 billion in revenue in 2020.
Founded: December 27, 2002
Headquarter: No. 118, Jiudu Avenue, Yanghe, Suqian, Jiangsu, 223800, China
Market cap: $36.92 Billion
Revenue in 2022 (TTM): $4.52 B
Website: http://www.chinayanghe.com/ -
Japanese company Asahi Group Holdings, Ltd., with its headquarters in Sumida, Tokyo, is a global leader in the beer, spirits, soft drinks, and food industries. The company brought about JPY 2.1 trillion in sales in 2019. Alcoholic beverage business (40.5%), foreign business (32%), soft drinks business (17.2%), food business (5.4%), and "other" business (4.9%) can be divided under Asahi's business portfolio. Of the four major beer makers in Japan, Asahi has the biggest market share (37%), followed by Kirin Beer (34%), and Suntory (16%).
Asahi expanded its geographic reach and company portfolio inorganically by purchasing highly sought-after beer businesses in Western Europe and Central Eastern Europe in response to a growing domestic Japanese beer market. As a result, Asahi now holds a sizable market share in numerous European nations, including the Czech Republic (44%), Poland (32%), Romania (36%), and Italy (18%), where beer is consumed.
As of March 2023, the market capitalization of Asahi Group is $18.78 billion. By market cap, this places Asahi Group as the 880th most valuable company in the world. The most recent financial reports for Asahi Group show that the company's current revenue (TTM) is $19.05 B. The company generated $19.95 billion in revenue in 2021, up from $19.15 billion in revenue in 2020.
Founded: 1889
Headquarters: Sumida, Tokyo, Japan
Market cap: $18.78 Billion
Revenue in 2022 (TTM): $19.05 B
Website: www.asahigroup-holdings.com/ -
One of the largest brewery in China, Tsingtao Brewery Co. Ltd., produces half of China's domestic beer exports and holds a 15% domestic market share. German immigrants established it in 1903 in Tsingtau (Qingdao), Kiautschou Bay Leased Territory. After consistently increasing its market share by at least 0.1 percentage points every year since 2009, Tsingtao was the second most popular beer in the world in 2016 and held a 2.8% part of the global beer market. On the southern side of Qingdao, near the end of Zhanqiao Pier, is Huilan Pavilion, which is shown in the company's emblem.
Tsingtao's market cap was $19.08 billion as of March 2023. Tsingtao is now the 860th most valuable firm in the world according to market cap. The most recent financial reports from Tsingtao show that the company's current revenue (TTM) is $4.86 Billion. The company generated $4.65 billion in revenue in 2021, an increase from $4 billion in revenue in 2020.
Founded: 1903
Headquarters: Qingdao, Shandong, Jiujiang, Jiangxi, Hefei, Anhui, Shanghai , China
Market cap: $19.08 Billion
Revenue in 2022 (TTM): $4.86 B
Website: www.tsingtaobeer.com -
A Japanese integrated beverage firm is Kirin Holdings. The Kirin Holdings Company, Limited's subsidiary owns it. Kirin Brewing Company, Limited, Mercian Corporation, and Kirin Beverages Company, Limited are some of its principal operating divisions. A member of the Mitsubishi Group is Kirin.
The Spring Valley Brewery was first created in Yokohama in 1869 by Norwegian-American brewer, William Copeland, and was acquired by the Japan Brewing Company, Ltd, the precursor to Kirin Brewery, in 1885. The Japan Brewery was founded in Hong Kong under the names of W.H. Talbot and E.H. Abbott thanks to a contract mediated by Thomas Blake Glover. A group of Japanese businessmen, including Iwasaki Yanosuke, the president of Mitsubishi at the time, offered financial support for the venture.
Kirin Holdings' market cap as of March 2023 is $12.91 billion. By market cap, Kirin Holdings is now the 1193rd most valuable company in the world. The most recent financial reports from Kirin Holdings indicate that the company's current revenue (TTM) is $15.11 B. The company's revenue in 2021 was $16.25 billion, down from $17.45 billion in revenue in 2020.
Founded: 1888
Headquarters: Nakano-ku, Tokyo, Japan
Market cap: $12.91 Billion
Revenue in 2022 (TTM): $15.11 B
Website: www.kirinholdings.co.jp -
Thai Beverage, also known as ThaiBev, is one of Southeast Asia's and Thailand's major beverage corporations, with distilleries in China, the United Kingdom, and Thailand. Charoen Sirivadhanabhakdi, a millionaire businessman of Thai and Chinese descent, is the owner. Thai Beverage plc, which is traded on the Singapore Exchange, has a market value of more than US$13 billion. The company stated in 2004 that it had been successful in a US$11.2 billion agreement to acquire Fraser and Neave, expanding the group's portfolio of holdings.
Chang beer, which is ranked second in the beer market after Singha, was one of the 58 beer and liquor companies that were combined to form ThaiBev on October 29, 2003. An immigrant from China named Charoen Sirivadhanabhakdi is the owner. Oishi, a green tea beverage, and Est, a cola imitation, are brands made by ThaiBev. The Sirivadhanabhakdi family owns about 30% of Thai Beverage. Charoen serves as chairman, and Thapana, his son, is president and CEO. Thai Beverage is traded on the Singapore Exchange since alcohol-related companies are not allowed to be listed on the Stock Exchange of Thailand (SET).
Thai Beverage's market capitalization as of March 2023 is $11.57 billion. By market valuation, this places Thai Beverage as the 1299th most valuable company in the world. The company's current revenue (TTM) is $8.15 Billion, according to Thai Beverage's most recent financial reports. The company generated $8.80 billion in revenue in 2019, an increase from $7.96 billion in revenue in 2018.
Founded: 29 October 2003
Headquarters: Bangkok, Thailand
Market cap: $11.57 Billion
Revenue in 2022 (TTM): $8.15 B
Website: www.thaibev.com
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A worldwide conglomerate of Japanese brewing and distilling companies is called Suntory Holdings Limited. It is one of the oldest enterprises in Japan that distributes alcoholic beverages and creates Japanese whisky, having been founded in 1899. The corporation now produces soft drinks and runs sandwich chains in addition to its other lines of operation.
With the acquisition of Beam, Inc. in 2014, it expanded globally and rose to the position of third-largest distiller in the world. Dojimahama 2-chome, Kita-ku, Osaka, Osaka Prefecture is where Suntory's headquarters are located. The company in charge of development outside of Japan is Suntory Beverage & Food Limited (Santor shokuhin int'nashonaru Kabushiki-gaisha), a division of Suntory.
Suntory's market cap was $11.36 billion as of March 2023. By market capitalization, Suntory is now the 1309th most valuable corporation in the world. The most recent financial reports from Suntory show that the company's current revenue (TTM) is $10.85 Billion. The company generated $11.33 billion in revenue in 2021, a rise from $11.11 billion in revenue in 2020.
Founded: 1899
Headquarters: Osaka, Japan
Market cap: $11.36 Billion
Revenue in 2022 (TTM): $10.85 B
Website: suntory.com -
The second-largest spirits company in the world by volume is an Indian corporation called United Spirits Limited, or USL. It is a division of Diageo, with headquarters in Bangalore, Karnataka's UB Tower. USL sends its goods to more than 37 nations. On the company's official website, it is said that as of March 2013, USL had more than 140 liquor brands, 15 of which sold more than one million cases of alcohol per year and three of which sold more than ten million.
United Spirits' market valuation as of March 2023 is $6.71 billion. United Spirits is now ranked as the 1904th most valuable company in the world by market valuation. The most recent financial reports for United Spirits indicate that the company's current revenue (TTM) is $1.32 Billion. The company generated $1.26 billion in revenue in 2021, an increase from $1.05 billion in revenue in 2020.
Founded:1826
Headquarters: UB Tower, No. 24, Vittal Mallya Road, Bangalore, Karnataka, India
Market cap: $6.71 Billion
Revenue in 2022 (TTM): $1.32 B
Website: www.diageoindia.com
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Indian conglomerate United Breweries Holdings Ltd (UBHL), popularly known as the UB Group, has its headquarters in UB City in Bangalore, Karnataka. Beverages and investments in many industries make up its main business. The business also owns a number of other alcoholic beverage brands and sells beer under the Kingfisher name. The biggest brewer in India is United Breweries.
With 79 distilleries and bottling facilities located all over the world, United Breweries presently holds a market share of more than 40% in the Indian brewing industry. In order to gain control of the majority of the Indian spirits market, UB funded the acquisition of the competitor Shaw-Wallace company's spirits division in 2005. The Mendocino Brewing Company in the US is no longer owned by the organization.United Breweries' market capitalization as of March 2023 is $4.67 billion. United Breweries is now the 2463rd most valuable company in the world according to market cap. The most recent financial reports for United Breweries indicate that the business's current revenue (TTM) is $0.90 B. The company generated $0.74 billion in revenue in 2021, an increase from $0.52 billion in revenue in 2020.
Founded: 1857
Headquarter: UB City, Bangalore, Karnataka, India
Market cap: $4.67 Billion
Revenue in 2022 (TTM): $0.90 B
Website: www.unitedbreweries.com -
HiteJinro Co., Ltd., a South Korean multinational beverage, brewing, and distiller firm, was established in 1924 (Korean: ; Hanja: ; Korean pronunciation: [tilo]). More over half of soju's domestic sales are produced there, making it the beverage's top producer globally. In addition, it produces whiskey and a range of other alcoholic drinks. There are distilleries at Icheon, Cheongwon, and Masan, with the Masan facility focusing on exports. Moreover, a facility in Cheongwon is where Jinro makes the Soksu brand of bottled water. The business was purchased by Hite, a well-known beverage manufacturer whose primary offering is beer, in 2006.
The most well-liked alcoholic beverage in the world, Chamisul, is the brand name for Jinro soju. They use temperature-sensitive paper on their bottle labels as part of their marketing plan. The soju is ready to drink when a tab in the form of an Asiatic Toad, the company's emblem, turns from white to blue depending on how warm or cold the bottle is. After sales of 73.8 million 9-liter bottles in 2015, Jinro has been awarded the world's best-selling spirit in the Millionaires' Club 2016.HiteJinro's market valuation was $1.22 billion as of March 2023. By market cap, HiteJinro is now the 4394th most valuable corporation in the world. The most recent financial reports from HiteJinro show that the company's current revenue (TTM) is $1.89 B. The company generated $1.90 billion in revenue in 2021, a decline from $1.93 billion in revenue in 2020.
Founded: October 3, 1924
Headquarter: HiteJinro Building714 Yeongdong-daero, Gangnam-gu, Seoul, South Korea
Market cap: $1.22 Billion
Revenue in 2022 (TTM): $1.89 B
Website: en.hitejinro.com