Asian Alliance International Public Company

What Asian Alliance International Public Company does

Asian Alliance International Public Company Limited (Ticker: AAI, SET-listed since March 2022) is a Thailand-headquartered manufacturer of pet food, shelf-stable human food, and tuna by-products, operating as a subsidiary of Asian Sea Corporation Public Company Limited. Founded in 2005 with registered capital of 2,125 million baht and approximately 3,000 employees, the company runs its core production from Samut Sakhon, Thailand. It serves two primary markets: (1) international pet food and human food brand owners as a co-developer/OEM manufacturer of canned, pouch, and cup-packed products, and (2) end consumers via own-brands (Monchou, Monchou Balanced, Hajiko, PRO, plus joint brand MARIA) distributed in Thailand, China, Europe, and CLMVT countries.

The company's central technical asset is the "Asian Link Process," an integrated value chain where whole tuna is segmented across product lines—loins for human food, red meat for wet pet food, and head/tail/bone/skin into fishmeal, fish broth, and fish oil for aquaculture feed. Total production capacity stands at 82,500 tons/year (wet pet food 56,000t; dry pet food 18,000t via the MEISI JV in China; human food 17,500t; fishmeal 6,000t). Supporting infrastructure includes a 3,531 kW solar rooftop (4.79 million kWh/year), an automated warehouse, and a multi-certification stack covering HALAL, Kosher, IFFO RS, BRC, AAFCO, GMP, HACCP, and Dolphin Safe.

Revenue is generated under B2B contract manufacturing arrangements (transaction fees tied to OEM volumes) and from own-brand retail sales via Lazada, Shopee, and select retail channels. FY2025 disclosed revenue is 6,999 million baht with net profit of 741 million baht (~10.6% margin). The operating geography spans Thailand (HQ and main factory), China (Shandong manufacturing via MEISI JV; Shanghai sales office via THAIYA), Germany (sales office via AGE JV), and CLMVT distribution (via IPN JV).

Name

Asian Alliance International Public Company

Legal name

Asian Alliance International Public Company Limited

Website

https://asianalliance.co.th

Company type

Public

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Asian Alliance International Public Company Limited (AAI) is a Thailand-based OEM manufacturer of wet pet food, dry pet food, and shelf-stable tuna human food for international brand owners, while also distributing its own consumer brands (Monchou, Hajiko, PRO, MARIA) via subsidiaries across Thailand, China, Europe, and CLMVT countries.

Ownership category

akta.pro rank

Product category

Pet Food Manufacturing

NAICS

Dog and Cat Food Manufacturing (311111), Animal Food Manufacturing (3111), Other Animal Food Manufacturing (311119), Seafood Product Preparation and Packaging (31171)

SIC

Food And Kindred Products (2000), Canned, Frozen & Preservd Fruit, Veg & Food Specialties (2030), Miscellaneous Food Preparations & Kindred Products (2090)

akta.pro primary industry

Wet/Canned & Pouch Food (Dog & Cat) (CRADAFAB)

akta.pro secondary industries

Dry Pet Food (Kibble) (AFADAFAA), Natural/Organic & Limited-Ingredient Diets (CRADAFAH), Co-Products & Pet Food Ingredients from Meat (Offal, Trimmings) (AFAKALAI)

Keywords

• Pet food manufacturing
• Wet pet food
• Dry pet food
• Ready-to-eat tuna
• OEM co-development

Headquarters

HQ city

Mueang Samut Sakhon

HQ country

Thailand

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Pet Food Manufacturing (OEM/Co-developer): Manufactures wet pet food (canned, pouch, plastic cup) and dry pet food products under customer trademarks as a co-developer/OEM partner. Revenue from processing fees under contract manufacturing arrangements with international brand customers. Own-brand pet food (Monchou, Hajiko, PRO, MARIA) sold through APCC and THAIYA subsidiaries.
2. Shelf-stable Human Food: Produces and sells ready-to-eat tuna products in sealed containers (canned, pouch, plastic cup formats) including tuna loin products, seasoned tuna, and ready-to-eat meals (fried rice, Thai curry pastes). Also produces tuna spread and various sauce recipes. Sold under customer trademarks (OEM) and certified HALAL and Kosher for export to Middle East markets.
3. Tuna By-products (Fishmeal, Fish Oil, Fish Extract): By-products from tuna processing including fishmeal (IFFO RS certified for responsible supply), fish broth/extract, and fish oil. Fishmeal used in aquaculture feed production, creating a closed-loop value chain within the Asian Link process.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

Asian Alliance International Public Company Limited manufactures and distributes pet food (wet and dry) and shelf-stable human food products. The company operates as an OEM co-developer producing under international customer trademarks, and also develops and distributes its own pet food brands (Monchou, Monchou Balanced, Hajiko, PRO, MARIA) in Thailand, China, and Europe. Production capacity totals 82,500 tons per year across wet pet food, dry pet food, human food, and fishmeal by-products, with tuna as the primary integrated raw material.

Product overview

Asian Alliance International Public Company is a pet food and human food manufacturer operating two main product lines: (1) Pet Food products covering both wet pet food (in cans, pouches, plastic cups with varieties including soups, salads, fish dishes, meat dishes, mousse, and pate) and dry pet food for dogs and cats; and (2) Human Food - shelf-stable ready-to-eat products in sealed containers using tuna as the main raw material. The company manufactures under customer trademarks (OEM) and develops own brands including Monchou, Monchou Balanced, Hajiko, and PRO. Additionally, the company has a joint brand MARIA with Petrina. Production capacities include 59,000 tons/year wet pet food, 18,000 tons/year dry pet food, 17,500 tons/year tuna/human food products, and 6,000 tons/year fishmeal products.

Differentiator

Problem solved

Functional benefit

Brands

• Monchou: Premium pet food brand made from 100% premium grade real meat. Human Grade, Grain Free, No Rice, No Wheat Flour & Corn.
• Monchou Balanced
• Hajiko
• Pro
• MARIA

Products and services

• Wet Pet Food Wet pet food products for dogs and cats including complete and balanced pet food, complementary pet food, and snacks, packed in cans, pouches, and plastic cups in various sizes. Products are shelf-stable and include soups, salads, fish dishes, meat dishes, mousse, and pate, produced primarily under OEM customer brands for international pet food companies.
• Dry Pet Food Complete and balanced dry pet food products for dogs and cats produced from quality ingredients with added nutrients, packed in zip lock plastic bags in various serving sizes. Manufactured by MEISI joint venture in China (APCC 41%, THAIYA 10%, Shangdong Meisi Pet Food Co., Ltd. 49%) with 18,000 tons/year current capacity.
• Human Food (Ready-to-Eat) Shelf-stable ready-to-eat food products in sealed containers using Tuna Loin as the main raw material, packed in cans, pouches, and plastic cups. Includes tuna products, ready-to-eat meals, and by-products like fishmeal, fish extract, and fish oil. HALAL and Kosher certified for export to Middle East markets.
• Monchou Pet Food Premium own-brand pet food brand launched in 2019, made from 100% premium grade real meat. Human grade, grain free, no rice, no wheat flour or corn. Includes regular Monchou and Monchou Balanced product lines (Balanced launched 2021, AAFCO compliant). Sold in Thailand via Lazada, Shopee, and retail channels.
• Hajiko Dog Food Premium own-brand dog food launched in 2020 with complete nutrition, high protein, and sodium control. Contains more than 20 types of essential nutrients and minerals supporting immune system, muscle development, and coat health. Sold via Lazada, Shopee, and Facebook in Thailand.
• PRO (Pro) Pet Food Own-brand cat and dog food launched in 2022 by APCC. Made with protein-rich products as main dish with nutrients for body balance under AAFCO standard. Positioned for value-conscious premium segment at affordable prices.
• MARIA Pet Food Joint brand pet food distributed by Inter Petrina Co., Ltd. (IPN), a joint venture with 40% AAI ownership (Inter Pharma Public Company Limited holds 60%). Sold in Thailand and exported to Cambodia, Laos, Malaysia, and Vietnam (CLMVT).

Quantifiable outcome

• Total production capacity of 82,500 tons/year across all product categories
• +3 more outcomes

Named customers1 record

Segments3 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

Partnerships

Eight partnerships are on record, tiered core and minor.

• Shangdong Meisi Pet Food Co., Ltd.coreStrategic or Co-development Partner · 19 April 2019Joint venture with APCC (41%), THAIYA (10%), and Shangdong Meisi Pet Food Co., Ltd. (49%), established in China April 19, 2019 with registered capital 20 million yuan. Operates dry pet food manufacturing for customer brands with capacity 20,000 tons/year.
• Thaiya Corporation (Shanghai) Co., Ltd.coreStrategic or Co-development Partner · 21 December 2018AAI subsidiary (100% via APCC), incorporated in China December 21, 2018 with registered capital USD 700,000. Purpose: marketing and distributing own-brand pet food in China and investing in related business in China.
• Inter Petrina Co., Ltd. (IPN)coreStrategic or Co-development Partner · 15 May 2018Joint venture between AAI (40%) and Inter Pharma Public Company Limited, established May 15, 2018 with registered capital 4.0 million baht. Engages in developing and distributing pet food products under trademark MARIA domestically and in Cambodia, Laos, Malaysia, and Vietnam (CLMVT).
• Asian Group SCS Europe GmbH (AGE)coreStrategic or Co-development Partner · 11 May 2018Joint venture between AAI (60%) and Dormeo Handels GmbH, incorporated in Germany May 11, 2018 with registered capital 25,000 euro. Purpose: expanding the overseas OEM market, particularly in Europe.
• Asian Pets Care Corporation Co., Ltd. (APCC)coreStrategic or Co-development Partner · 11 January 2018AAI wholly-owned subsidiary (100%) established January 11, 2018 with registered capital 200 million baht. Operates own-brand pet food distribution to support group strategy for expanding own-brand products in the global market.
• Asian Sea Corporation Public Company LimitedcoreOthersAAI is a subsidiary of Asian Sea Corporation Public Company Limited (ASIAN). Founded March 15, 2005. ASIAN restructured AAI's shareholding of pet food business in 2021, allowing AAI to acquire shares in all group pet food companies (APCC, THAIYA, AGE, IPN, MEISI).
• Dormeo Handels GmbHminorStrategic or Co-development PartnerPartner in AGE joint venture (40% stake), incorporated May 11, 2018 in Germany. Collaborates with AAI (60%) to expand OEM pet food market in Europe.
• Inter Pharma Public Company LimitedminorStrategic or Co-development PartnerPartner in IPN joint venture (60% stake), established May 15, 2018. Collaborates with AAI (40%) to develop and distribute pet food brand MARIA in Thailand and CLMVT countries.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Nestlé Purina PetCare: Global pet food market leader, parent of one of AAI's likely OEM customer bases. Comparable as the dominant pet food brand owner AAI manufactures for, illustrating the scale gap between the company and its end-customers.
• Unicharm Corporation: Japanese manufacturer of personal care and pet food products with significant Asia-Pacific pet food presence. Comparable as a regional pet food competitor, though Unicharm is far larger and serves primarily branded retail rather than OEM.
• Maruha Nichiro Corporation: Japan's largest seafood company with marine-product-based pet food and processed food operations. Comparable as an integrated seafood processor that has expanded into value-added pet food using marine by-products.
• Mars Petcare: Global pet food brand owner (Royal Canin, Pedigree, Whiskas, etc.) and another likely OEM customer of AAI. Comparable as the dominant counterparty in the OEM co-developer relationship AAI is built around.
• C.J. CheilJedang Corporation: Korean conglomerate with a sizable pet food business alongside food ingredients and bioscience operations. Comparable as a large Asian food/pet food manufacturer with global brand distribution, though AAI is far smaller and more pet-food concentrated.

Direct peers

• Century Pacific Food, Inc. Philippines-based, publicly listed manufacturer of canned and shelf-stable seafood (including tuna) with a growing pet food segment. Closely comparable OEM/own-brand mix, tuna-based product base, and emerging Asian pet food strategy.
• Charoen Pokphand Foods Public Company Limited: Thai-listed integrated food conglomerate with a growing pet food business and aquaculture feed operations. Comparable as a Thai food manufacturer scaling into branded pet food and utilizing by-product feed channels, though at a much larger scale.
• Thai Union Group Public Company Limited: Thai-listed seafood and pet food conglomerate with global OEM/private-label operations in shelf-stable tuna, wet pet food, and by-product utilization. Closest direct peer by geography, business mix (seafood + pet food), and OEM co-developer model.

Emerging players

• Gambol Pet Food Co., Ltd. Chinese pet food manufacturer focusing on dry kibble and expanding wet food capacity. Comparable as a regional pet food manufacturer scaling up production capacity to serve both domestic and international brand customers.
• Heristo Corporation: Japanese pet food manufacturer with wet and dry product lines. Comparable as an Asian pet food manufacturer operating a similar product format mix (wet and dry) with similar end-market focus on dogs and cats.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/asianallianceinternational
• LinkedInlinkedin.com/company/asian-alliance-international

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries5 records

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 Asian Alliance International Public Company