What Green Spot does

Green Spot Co., Ltd. is a privately held Thai beverage manufacturer founded on July 10, 1953, and headquartered in Bangkok. The company is best known for producing Vitamilk, Thailand's first bottle-packaged soy milk, which it launched in 1958 and which remains the country's market-leading soy milk brand. Green Spot operates four manufacturing facilities across Thailand — its Bangkok headquarters on 22 rai, the 180-rai Rangsit plant in Pathum Thani (established 1991), a facility in Nakhon Pathom, and a third plant opened in 2016 at Nong Khae Industrial Estate in Saraburi — and is described as one of the largest soy milk producers in the Asia-Pacific region. Its product portfolio includes Vitamilk (core soy milk in glass-bottle, carton/UHT, and to-go formats, including low-sugar and vegan variants), Vitamilk Champ (a 4x calcium-fortified soy milk for children), V-Soy (a high-calcium, vitamin D and black soybean extract formulation targeted at adults aged 45+), and Green Spot non-carbonated orange juice. Green Spot also operates a Plant-Based sub-brand extending the line into broader plant-based beverage offerings.

The company generates revenue through branded consumer packaged goods sales distributed via a multi-channel model: traditional retail and wholesale across all five regions of Thailand, direct-to-consumer ordering via LINE official accounts (LINE @Vitamilk, @V-Soy Thailand, @Vitamilk Champ), a proprietary e-commerce site (vitamilkshop.com), Shopee and Lazada official stores, and a phone-based bulk-order service (02 090 9888) with cash-on-delivery and free delivery within Bangkok and upcountry. International export operations are maintained through a dedicated export page on the corporate website. Marketing activities include TV commercials, health-focused content marketing via the corporate "Healthy Corner" section, and brand-specific loyalty clubs (Vitamilk CLUB, V-SOY CLUB, Vitamilk Champ Club). The company has accumulated multiple sustainability and operational certifications including the Green Factory Standard, Thailand Energy Award, Zero Waste to Landfill, and the Outstanding Exporter Award (all in 2014), supporting ESG positioning in health-conscious consumer segments. Revenue figures are not publicly disclosed.

Name

Green Spot

Legal name

Green Spot Co., Ltd. (บริษัท กรีนสปอต จำกัด)

Website

https://greenspot.co.th

Company type

Private

Founded year

1953

Operating status

Operating

Headcount range

101–250 employees

Short description

Green Spot is a privately held Thai beverage manufacturer founded in 1953, producing plant-based drinks including Vitamilk soy milk, V-Soy for adults 45+, Vitamilk Champ for children, and non-carbonated juices for Thai and export consumers via retail, LINE, marketplaces, and e-commerce.

Ownership category

akta.pro rank

Product category

Plant-Based Beverages

NAICS

Beverage Manufacturing (3121), Soft Drink Manufacturing (312111), Dairy Product Manufacturing (3115)

SIC

Beverages (2080), Dairy Products (2020), Food And Kindred Products (2000)

akta.pro primary industry

Plant-Based Milk Alternatives (Soy, Almond, Oat, Coconut, Rice, Pea) (AFAFAEAF)

akta.pro secondary industries

Plant-Based Beverage Production (Oat/Soy/Almond, etc.) (AFAFABAI), Plant-Based & Dairy Alternative Beverages (Oat, Almond, Soy, etc.) (CRADAHAM), Plant-Based Ready-to-Drink Dairy-Alternative Beverages (Protein Shakes, Flavored RTD) (AFAHAJAF)

Keywords

• Plant-based beverages
• Soy milk production
• Dairy alternatives
• Non-carbonated juices
• Health beverages

Headquarters

HQ city

Bangkok

HQ country

Thailand

HQ region

Asia

Offices4 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Beverage Manufacturing and Sales: Manufacturing and direct sale of plant-based beverages including soy milk (Vitamilk, Vitamilk Champ, Vitamilk Low Sugar, Vitamilk Vegan formula), V-Soy high calcium soy milk, and Green Spot non-carbonated orange juice. Products sold through multiple channels including direct online, marketplaces, and traditional retail.

Go-to-market motion3 records

Distribution channels6 records

Marketing channels5 records

Core offering

Green Spot Co., Ltd. manufactures and sells plant-based beverages, primarily soy milk products under the Vitamilk, V-Soy, and Vitamilk Champ brands, as well as non-carbonated orange and lemon juices under the Green Spot brand. Products are packaged in glass bottles, cartons/UHT, and to-go formats, distributed across Thailand through e-commerce, marketplaces, traditional retail, and direct delivery channels.

Product overview

Green Spot Co., Ltd. is a Thai beverage company offering a portfolio of health-focused drinks. The core products include Vitamilk (soy milk in various formulas including low-sugar and vegetarian variants), V-Soy (high-calcium soy milk for seniors aged 45+), Vitamilk Champ (calcium-fortified soy milk for children's growth), and GreenSpot juices (non-carbonated orange and lemon beverages). The company operates as a unified brand portfolio unified by health and wellness positioning, with products distributed across Thailand through e-commerce channels, convenience stores, and traditional retail.

Differentiator

Problem solved

Functional benefit

Brands

• Vitamilk: Soy milk brand, the company's flagship product and market leader in Thailand
• V-Soy
• Vitamilk Champ
• Green Spot Plant-Based

Products and services

• Vitamilk (ไวตามิ้ลค์) Soy milk in glass bottle and carton packaging formats. The best-selling soy milk brand in Thailand, available in multiple variants including low-sugar and vegetarian/vegan formulas with added vitamins. Marketed as a high-quality plant-based protein source for general consumers.
• V-Soy (วีซอย)

Quantifiable outcome

• 17,256 micrograms of antioxidant capacity per 100g from black sesame and purple rice soy milk formulation (ORAC value cited in health content)

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Inner Mongolia Yili Industrial Group: China's largest dairy producer, expanding into plant-based beverages. Comparable as a large-scale Asian beverage manufacturer targeting everyday nutrition and family consumption.
• Alpro (Danone): European plant-based beverage leader owned by Danone, offering soy, oat, almond and other dairy alternatives. Comparable as a multi-format plant-based beverage brand targeting health-conscious consumers.
• China Mengniu Dairy: Major Chinese dairy and beverage manufacturer with growing plant-based and chilled beverage lines. Comparable in multi-format beverage manufacturing and pan-Asian distribution scale.
• Uni-President Enterprises: Taiwanese food and beverage conglomerate producing soy milk and a wide range of packaged food/drink across Asia. Comparable in scale of plant-based beverage operations and multi-market Asian distribution model.
• Kikkoman (Soy Milk Division): Japanese soy food and beverage producer with international distribution. Comparable as a heritage soy-based brand leveraging Asia-Pacific brand equity in plant-based beverages.
• WhiteWave Foods (Silk / Horizon): Plant-based beverage brands under Danone North America, including Silk soy and other dairy alternatives. Comparable in branded plant-based beverage portfolio and multi-format (carton, single-serve) offerings.
• PepsiCo (Asia Beverages): Multinational beverage giant with non-carbonated juice and plant-based product lines (e.g., Tropicana, Quaker Oat Milk). Comparable as a global scale beverage manufacturer competing for the same retail shelf and consumer occasion.

Emerging players

• OATLY Group: Oat-based beverage brand expanding rapidly across Asia-Pacific. Competes for the same plant-based, health-conscious consumer with a different base ingredient, posing substitution risk to soy-led portfolios.

Direct peers

• Vitasoy International Holdings: Hong Kong-headquartered soy milk and plant-based beverage manufacturer with strong Asia-Pacific distribution, including glass-bottle soy milk. Closest direct comparable in category, geographic focus, and brand-led positioning.

Regional players

• Thai Beverage (ThaiBev): Thailand's largest beverage company with broad portfolio across non-alcoholic and alcoholic drinks. Comparable as a domestic Thai beverage manufacturer with similar scale and distribution across Thai regions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/watch?v=h1fLyvVhywY
• Facebookfacebook.com/GreenSpotCareer
• LinkedInlinkedin.com/company/green-spot-thailand-ltd.

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Green Spot