IFBH Limited wins two awards at Manufacturing Asia Awards 2025

IF Local Sensation, leading Thai coconut water brand, was recognised for innovation in non-alcoholic beverages export.

IFBH Limited won Singapore Brand Initiative of the Year - Non-Alcoholic Beverages and Singapore Export Product of the Year - Non-Alcoholic Beverages in the Manufacturing Asia Awards 2025. The dual recognition highlights the company’s strategic focus on brand development, international growth, and product excellence.

The company’s IF brand dominates the coconut water-related beverage market in mainland China and Hong Kong, ranking first in mainland China for five consecutive years and in Hong Kong for nine consecutive years.

It pioneered the introduction of ready-to-drink natural coconut water in mainland China creating a new product category and setting industry benchmarks in quality and branding. IFBH Limited also built strong consumer mindshare across Asia and beyond through consistent product excellence and brand development.

In 2024, IFBH Limited’s market share reached approximately 34% in mainland China and 60% in Hong Kong, more than seven times that of the second largest competitor in each market. The company also expanded its distribution to 23 countries, including Singapore, Taiwan, Australia, and the United States. 

Furthermore, IFBH Limited’s asset-light business model allows it to focus on core strengths such as brand and product development, marketing, and distribution whilst partnering with co-packers, logistics providers, and distributors.

The company produces IF Coconut Water, a premium natural coconut water with no sugar added, preservatives, or artificial colouring, blending coconuts of different varieties and maturities from Thailand to achieve optimal freshness, sweetness, and aroma for consumers worldwide. Coconut water accounted for 95.6% of the company’s revenue in 2024, underscoring its central role in IFBH Limited’s business strategy.

The company continues to apply a consumer-oriented product development approach, adapting flavours to local tastes and launching seasonal or limited-edition products to enhance engagement.

The Manufacturing Asia Awards is a prestigious programme celebrating innovation, efficiency, and the remarkable achievements of trailblazers shaping Asia’s industrial landscape. This distinguished event recognises and showcases cutting-edge technologies, sustainable practices, and transformative contributions powering the region’s manufacturing excellence.

The Manufacturing Asia Awards is presented by Manufacturing Asia Magazine. To view the full list of winners, click here. For more information on the awards programme, you may contact Shela Ramos at +65 3158 1386 or [email protected].