Nongfu Spring
Another Chinese company on the list of the largest beverage companies is Nongfu Spring. With a market cap of $66.96 billion, Nongfu Spring is ranked eighth. They are bottled water producers and sellers based in Xihu District, Hangzhou, Zhejiang Province. Nongfu is considered one of the most well-known beverage businesses in the world, alongside Brown-Forman Corporation, Starbucks, Diageo PLC, PepsiCo, Coca-Cola Co, Monster Beverage, and Keurig Dr. Pepper.
Since its inception, Nongfu Spring has followed a "natural and healthy" concept, never using tap water and never adding artificial minerals to its drinking water. Nongfu Spring has a unique strategic vision and prospectively lays out ten scarce high-quality natural water sources in China to ensure a continuous supply of high-quality natural water, laying the foundation and ability to provide consumers with long-term natural health services and forming a long-term stable competitive advantage.
Headquarters: Hangzhou, China
Founded: 1996
Market Cap: $66.96 Billion
Website: nongfuspring.com