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Sappe

Full company profile

uuid0008v5f

Namestring
Sappe
Legal namestring
Sappe Public Company Limited
Websiteurl
sappe.com
Company typeenum
Public
Founded yearint
1988
Descriptiontext

Sappe Public Company Limited is a Thailand-based, publicly listed (SET: SAPPE) manufacturer of health-oriented food and beverage products founded in 1988 and headquartered in Bangkok, with a dedicated manufacturing facility in Pathum Thani Province. The company operates across five product categories and more than ten brands, pioneering the "Snackable Drink" category — beverages with gummy bits or jelly elements designed to deliver an experiential format beyond plain drinking. Flagship brands include Mogu Mogu (the category-defining snackable drink, winner of the InnoBev Awards 2024 – Best New Brand), Sappe Beauti (a functional beauty drink recently rebranded for Gen Z consumers), and PREAW XS (a konjac-based satiety drink launched in June 2026).

Sappe's core technology is beverage formulation and bottling, supported by proprietary product formats (gummy bits, jelly beverages) and brand identity assets (mascots, character IP). Its go-to-market combines domestic Thai retail/foodservice distribution with an export operation reaching over 100 countries; brand-building is heavily Gen Z-focused through TikTok influencer squads, on-ground activations (e.g., "The DeBeau-ti Stage" at Siam Square), K-pop brand ambassadors (SEVENTEEN for Mogu Mogu globally), and trade-show presence (THAIFEX – ANUGA ASIA). Marketing is event-driven and social-first, with sub-brand campaigns like "Drink Fresh, Bring Back Your Glow" for Sappe Beauti and "FUNNIVERSE" for Mogu Mogu at THAIFEX 2026.

The company monetizes through one-time sales of branded beverage SKUs to retail, foodservice, and export distributors. FY2025 revenue was THB 5,252.6 million with net profit of THB 776.2 million (~14.8% net margin), and Q1/2026 revenue reached THB 1.292 billion, up 13.1% year-over-year. The ownership is family-controlled (Ruckariyapong family) with no private equity/venture capital exposure, and the board is led by Chairman Mr. Natee On-In with CEO Ms. Piyajit Ruckariyapong (recognized with the Future Trends Awards 2026 "Leader of Leader" award). Listed partners include Danone Thailand, Thai AllCoco, and m-intelligence.tech, indicating selective strategic alliances rather than a broad ecosystem play.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersBangkok, Thailand
HQ citystring
Bangkok
HQ countrystring
Thailand
HQ regionstring
Asia
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
functional beverages, snackable drinks, beauty beverages, health drinks, beverage manufacturing
Industry3 codes
1Non-Carbonated Soft Drinks (Juice Drinks, Lemonades, Fruit Drinks)
CodeCRADAHABPrimaryYes
2Functional Beverages (Vitamins, Probiotics, Nootropics, etc.)
CodeCRADAHALPrimaryNo
3Functional/Fortified Beverage Production (Vitamins, Botanicals, Nootropics)
CodeAFAFABAHPrimaryNo
NAICS code3 codes
  • Soft Drink Manufacturing312111
  • Soft Drink and Ice Manufacturing31211
  • Beverage Manufacturing3121
SIC code2 codes
  • Beverages2080
  • Bottled & Canned Soft Drinks & Carbonated Waters2086
Product category
Functional Beverages
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Beverage Product Sales
TypeOne Time License
Description

Core revenue from selling functional beverages, snackable drinks, and beauty beverages across domestic Thai market and international exports to over 100 countries. Q3/2025 revenue: THB 1.35 billion with net profit THB 183 million; Full year 2025 revenue: THB 5,252.6 million with net profit THB 776.2 million

sappe.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
GTM typeB2C
B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 3 records shown
1Sappe Beauti
Description

Functional beauty drink brand targeting Gen Z consumers

sappe.com
+2 more records
Core offering1 text field

Sappe Public Company Limited is a Thai manufacturer of functional and innovative beverages. It produces drinks across 5 categories and 10+ brands — including functional drinks, beauty beverages, and the pioneering "Snackable Drink" category featuring jelly/gummy-filled beverages such as Mogu Mogu. Products are manufactured at its Pathum Thani factory and distributed domestically in Thailand and exported to over 100 countries worldwide.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Revenue growth of 13.1% YoY to THB 1.292 billion in Q1/2026
+1 more record
Product overview1 text field

Sappe Public Company Limited is a Thai innovative beverage company operating across 5 product categories with more than 10 brands. The company pioneered the 'Snackable Drink' market category—beverages with experiential consumption beyond simple drinking—and distributes its products in over 100 countries worldwide. Key brands include Sappe Beauti (functional beauty drinks), Mogu Mogu (snackable drinks with gummy bits, InnoBev 2024 winner), and PREAW XS (konjac drink launched 2026). The company positions itself on innovation, creativity, and fun experiences through its beverages.

Product and service3 records
1Mogu Mogu
CategorySnackable Drinks
2Sappe Beauti
CategoryFunctional Beauty Beverages
3PREAW XS
CategoryFunctional Health Beverages
Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Danone Thailand is listed as a partner on Sappe's website, indicating a collaborative relationship in the Thai beverage market, potentially involving co-marketing or distribution synergies.

2Thai AllCoco
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Thai AllCoco is listed as a partner on Sappe's website, suggesting collaboration potentially around coconut-based beverage products or shared distribution networks.

sappe.com
Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Market position
Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Sappe

Functional Beveragessappe.com

What Sappe does

Sappe Public Company Limited is a Thailand-based, publicly listed (SET: SAPPE) manufacturer of health-oriented food and beverage products founded in 1988 and headquartered in Bangkok, with a dedicated manufacturing facility in Pathum Thani Province. The company operates across five product categories and more than ten brands, pioneering the "Snackable Drink" category — beverages with gummy bits or jelly elements designed to deliver an experiential format beyond plain drinking. Flagship brands include Mogu Mogu (the category-defining snackable drink, winner of the InnoBev Awards 2024 – Best New Brand), Sappe Beauti (a functional beauty drink recently rebranded for Gen Z consumers), and PREAW XS (a konjac-based satiety drink launched in June 2026).

Sappe's core technology is beverage formulation and bottling, supported by proprietary product formats (gummy bits, jelly beverages) and brand identity assets (mascots, character IP). Its go-to-market combines domestic Thai retail/foodservice distribution with an export operation reaching over 100 countries; brand-building is heavily Gen Z-focused through TikTok influencer squads, on-ground activations (e.g., "The DeBeau-ti Stage" at Siam Square), K-pop brand ambassadors (SEVENTEEN for Mogu Mogu globally), and trade-show presence (THAIFEX – ANUGA ASIA). Marketing is event-driven and social-first, with sub-brand campaigns like "Drink Fresh, Bring Back Your Glow" for Sappe Beauti and "FUNNIVERSE" for Mogu Mogu at THAIFEX 2026.

The company monetizes through one-time sales of branded beverage SKUs to retail, foodservice, and export distributors. FY2025 revenue was THB 5,252.6 million with net profit of THB 776.2 million (~14.8% net margin), and Q1/2026 revenue reached THB 1.292 billion, up 13.1% year-over-year. The ownership is family-controlled (Ruckariyapong family) with no private equity/venture capital exposure, and the board is led by Chairman Mr. Natee On-In with CEO Ms. Piyajit Ruckariyapong (recognized with the Future Trends Awards 2026 "Leader of Leader" award). Listed partners include Danone Thailand, Thai AllCoco, and m-intelligence.tech, indicating selective strategic alliances rather than a broad ecosystem play.

Sappe firmographics

Firmographics
Name
Sappe
Legal name
Sappe Public Company Limited
Website
https://sappe.com
Company type
Public
Founded year
1988
Operating status
Operating
Headcount range
501–1,000 employees
Ownership category
akta.pro rank

Sappe industry classification

Industry
Product category
Functional Beverages
NAICS
Soft Drink Manufacturing (312111), Soft Drink and Ice Manufacturing (31211), Beverage Manufacturing (3121)
SIC
Beverages (2080), Bottled & Canned Soft Drinks & Carbonated Waters (2086)
akta.pro primary industry
Non-Carbonated Soft Drinks (Juice Drinks, Lemonades, Fruit Drinks) (CRADAHAB)
akta.pro secondary industries
Functional Beverages (Vitamins, Probiotics, Nootropics, etc.) (CRADAHAL), Functional/Fortified Beverage Production (Vitamins, Botanicals, Nootropics) (AFAFABAH)

Keywords

  • Functional beverages
  • Snackable drinks
  • Beauty beverages
  • Health drinks
  • Beverage manufacturing

Where Sappe is headquartered

Location

Headquarters

HQ city
Bangkok
HQ country
Thailand
HQ region
Asia

Offices2 records

Markets served

Sappe business model

Business model
GTM type
B2C
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

  1. Beverage Product Sales: Core revenue from selling functional beverages, snackable drinks, and beauty beverages across domestic Thai market and international exports to over 100 countries. Q3/2025 revenue: THB 1.35 billion with net profit THB 183 million; Full year 2025 revenue: THB 5,252.6 million with net profit THB 776.2 million

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Sappe product offering

Product offering

Core offering

Sappe Public Company Limited is a Thai manufacturer of functional and innovative beverages. It produces drinks across 5 categories and 10+ brands — including functional drinks, beauty beverages, and the pioneering "Snackable Drink" category featuring jelly/gummy-filled beverages such as Mogu Mogu. Products are manufactured at its Pathum Thani factory and distributed domestically in Thailand and exported to over 100 countries worldwide.

Product overview

Sappe Public Company Limited is a Thai innovative beverage company operating across 5 product categories with more than 10 brands. The company pioneered the 'Snackable Drink' market category—beverages with experiential consumption beyond simple drinking—and distributes its products in over 100 countries worldwide. Key brands include Sappe Beauti (functional beauty drinks), Mogu Mogu (snackable drinks with gummy bits, InnoBev 2024 winner), and PREAW XS (konjac drink launched 2026). The company positions itself on innovation, creativity, and fun experiences through its beverages.

Differentiator

Problem solved

Functional benefit

Brands

  • Sappe Beauti: Functional beauty drink brand targeting Gen Z consumers
  • Mogu Mogu
  • Preaw XS

Products and services

  • Mogu Mogu
  • Sappe Beauti
  • PREAW XS

Quantifiable outcome

  • Revenue growth of 13.1% YoY to THB 1.292 billion in Q1/2026
  • +1 more outcomes

Companies that use Sappe

Customer profile

Segments2 records

Ideal customer profiles2 records

Sappe technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Sappe partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

  • Danone ThailandcoreStrategic or Co-development PartnerDanone Thailand is listed as a partner on Sappe's website, indicating a collaborative relationship in the Thai beverage market, potentially involving co-marketing or distribution synergies.
  • Thai AllCococoreStrategic or Co-development PartnerThai AllCoco is listed as a partner on Sappe's website, suggesting collaboration potentially around coconut-based beverage products or shared distribution networks.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Sappe competitors and assessment

Company assessment

Market position

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Sappe social profiles

Digital presence

Sappe financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Sappe leadership team

Management profile

Number of profiles

Profiles3 records

Sappe funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Sappe M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sappe

What does Sappe do?

Sappe Public Company Limited is a Thai manufacturer of functional and innovative beverages. It produces drinks across 5 categories and 10+ brands — including functional drinks, beauty beverages, and the pioneering "Snackable Drink" category featuring jelly/gummy-filled beverages such as Mogu Mogu. Products are manufactured at its Pathum Thani factory and distributed domestically in Thailand and exported to over 100 countries worldwide.

Is Sappe a public or private company?

Sappe is a public company. It is classified as public and is currently operating.

When was Sappe founded?

Sappe was founded in 1988. It employs 501 to 1,000 people.

Where is Sappe based?

Sappe is headquartered in Bangkok, Thailand, in the Asia region.

How does Sappe make money?

One revenue line is on record: beverage Product Sales.

Does Sappe have an API?

No public API is recorded for Sappe.

What industry is Sappe in?

Sappe's product category is Functional Beverages. Its primary akta.pro industry code is CRADAHAB, Non-Carbonated Soft Drinks (Juice Drinks, Lemonades, Fruit Drinks), with a secondary code of CRADAHAL, Functional Beverages (Vitamins, Probiotics, Nootropics, etc.). Its NAICS code is 312111 and its SIC code is 2080.

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Live signals
www.passionateinmarketing.comMogu Mogu Launches Sugar-Free Candy And Iced TeaMogu Mogu, the nata de coco beverage brand owned by Sappe Public Company Limited, is expanding into the snacking and ready-to-drink tea categories in India with the launch of sugar-free candy and iced tea. The candy, priced at ₹120 for a 19.5g pack, features sugar-free formulation with Vitamin C and sorbitol in four flavors, while the iced tea at ₹60 for 300ml introduces the brand's signature "sip and chew" experience to the ready-to-drink tea market in Lemon and Peach variants. Sunbeam Mercantile Ventures, the operator of Mogu Mogu in India, plans to scale distribution across 300+ cities including Tier II and Tier III markets, reporting that over 60% of consumers who experience in-store activations become repeat buyers.Nation ThailandSustenance to Science: Inside the Tech-Led Revolution of Thai Food BrandsThai food and beverage brands are shifting from commodity producers to innovation-led global competitors, focusing on health-driven products and food-tech integration. The global functional food market is projected to reach $871.1 billion in 2026, while Thai food processing exports hit $28 billion in 2024. Companies like Malee Group and Mitr Phol are developing proprietary technologies and premium products.Nation ThailandSluggish economy and Thailand–Cambodia tensions drag Q3 beverage performanceThai non-alcoholic beverage companies broadly underperformed in Q3, with multiple firms reporting revenue declines and profit falls driven by cooler-than-usual weather, the Thailand-Cambodia border conflict disrupting cross-border trade, and weak demand across CLMV markets. Sappe PCL saw net profit drop 39% to 183.3 million baht, Thai Coconut PCL posted a 59.69% profit decline, and Carabao Group's international sales fell 42% due to the border dispute. The sector's over-100-billion-baht market also faced headwinds from a fragile global economy, volatile exchange rates, and intensified regional competition.