Red Bull is an energy drink brand created and owned by the Austrian company Red Bull GmbH. The drink was first launched in Austria in 1987 and has since become the most popular energy drink brand globally, with a market share of 43% as of 2020. While Red Bull was originally only manufactured in Austria, the company has expanded its production to Switzerland and the USA in recent years. This expansion has led to variations in the taste of the drink, with some consumers preferring the Austrian-made Red Bull over those produced in other countries.
Characteristics | Values |
---|---|
Red Bull headquarters | Fuschl am See, Salzburg, Austria |
Red Bull teams in Salzburg | Fuschl am See, Red Bull Base in Elsbethen, Wals-Siezenheim |
Year Red Bull was founded | Mid-1980s |
Year Red Bull was first sold in Austria | 1987 |
Number of countries Red Bull operates in | Over 175 |
Number of cans sold annually | Over 11.5 billion |
Number of individuals working for Red Bull in Austria | 2,000+ |
Number of nationalities represented in Red Bull's Austrian workforce | 60+ |
Red Bull's marketing approach | Extreme sports, celebrity endorsements, music, proprietary events |
Red Bull's co-founders | Dietrich Mateschitz, Chaleo Yoovidhya |
Red Bull's co-founders' initial investment | $500,000 each |
Red Bull's ownership | 51% Yoovidhya family, 49% Mateschitz |
Red Bull's Swiss factory location | Rheineck or Widnau |
What You'll Learn
- Red Bull was first sold in Austria in 1987
- The company has since expanded to operate in over 175 countries
- Red Bull's global headquarters are in Fuschl am See, Austria
- The company was founded by Austrian entrepreneur Dietrich Mateschitz
- Red Bull is the most popular energy drink brand, with a 43% market share
Red Bull was first sold in Austria in 1987
Red Bull was created by Austrian entrepreneur Dietrich Mateschitz and Thai businessman Chaleo Yoovidhya, who together founded Red Bull GmbH in 1984. The pair first met in Thailand in 1982, when Mateschitz, who was working for German manufacturer Blendax, discovered Yoovidhya's energy drink, Krating Daeng. Mateschitz found that the drink helped with his jet lag, and the two partnered to bring a modified version of the drink to Europe.
Between 1984 and 1987, Mateschitz worked on reformulating Krating Daeng to better suit European tastes, carbonating the beverage and reducing its sweetness. The product was then launched in Austria in 1987 under the name Red Bull.
Red Bull was initially marketed as a trendy, upscale drink, first introduced at Austrian ski resorts. The company employed unique marketing strategies, creating a "brand myth" through proprietary extreme sports events and sponsorship of athletes and teams. By the end of 2023, Red Bull employed 17,848 people in 177 countries and sold 12.138 billion cans worldwide that year.
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The company has since expanded to operate in over 175 countries
Red Bull is now produced in Austria, Switzerland, and the United States. The company has expanded its operations to over 175 countries, with a market share of 43% as of 2020, making it the most popular energy drink brand.
The company's global headquarters are in Fuschl am See, an Austrian village near Salzburg. Red Bull teams are based in three locations in Salzburg: Fuschl am See, the Red Bull Base in Elsbethen, and Wals-Siezenheim. The company's headquarters are surrounded by lakes and mountains, providing recreational opportunities for employees.
Red Bull's sales teams are organised into Off Premise (retailers) and On Premise (hospitality venues). They work to build customer partnerships and ensure brand presence and availability. The marketing teams, on the other hand, are specialised in sports, culture, brand, and media. They create and program unique content to inspire and engage consumers.
The operations team manages the production, transportation, and delivery of Red Bull worldwide. This includes planning, procurement, production, logistics, and quality assurance. The finance, legal, HR, and IT teams provide essential support functions, while the Fashion & FanWear teams manage the company's product portfolio and brand extensions.
Red Bull's global presence and diverse teams enable the company to reach a wide audience and provide consumers with a unique product and brand experience.
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Red Bull's global headquarters are in Fuschl am See, Austria
Red Bull is an energy drink brand created and owned by the Austrian company Red Bull GmbH. The company was founded in 1984 by Austrian entrepreneur Dietrich Mateschitz and Thai businessman Chaleo Yoovidhya in Fuschl am See, Salzburg, Austria. The drink was first launched in Austria on 1 April 1987 and has since expanded globally to more than 170 countries.
Red Bull's global headquarters remain in Fuschl am See, an Austrian village of about 1,500 inhabitants near Salzburg. The company's headquarters are situated in architectural office buildings surrounded by picturesque lakes and mountains. The location offers a range of outdoor activities for employees, including swimming, hiking, and skiing.
In addition to the global headquarters, Austria is home to other Red Bull entities such as the Red Bull Media House, Consumer Products divisions, Wings for Life, and the Flying Bulls. The company's teams are based in three locations in Salzburg: Fuschl am See, the Red Bull Base in Elsbethen, and Wals-Siezenheim.
While Red Bull's global headquarters are in Austria, the company has expanded its production to other countries in recent years. In addition to Austria, Red Bull cans are now also manufactured in Switzerland and the United States. The expansion of production facilities allows Red Bull to meet the growing global demand for its products and ensure their availability in various markets.
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The company was founded by Austrian entrepreneur Dietrich Mateschitz
Red Bull is a brand of energy drinks created and owned by Austrian company Red Bull GmbH. The company was founded by Austrian entrepreneur Dietrich Mateschitz, who was born in Sankt Marein im Mürztal, Styria, Austria, in 1944. Mateschitz's parents were both school teachers, and he went on to study at the Hochschule für Welthandel (now the Vienna University of Economics and Business), graduating with a marketing degree in 1972.
Mateschitz's early career was spent in marketing for Unilever and Blendax, a German cosmetics company. It was during his time at Blendax that he first discovered the drink that would become Red Bull. While travelling to Thailand for work, Mateschitz purchased a can of Krating Daeng, an energy drink popular among blue-collar workers in Thailand. Mateschitz claimed that the drink cured his jet lag, and he saw commercial opportunities for the drink in Europe.
In 1984, Mateschitz co-founded Red Bull GmbH with Thai businessman Chaleo Yoovidhya, launching the Red Bull drink in Austria in 1987. Mateschitz and Yoovidhya each held a 49% stake in the company, with the remaining 2% going to Yoovidhya's son, Chalerm. Mateschitz formulated a product that would suit Western tastes, carbonating the drink and packaging it in eye-catching blue and silver cans.
Mateschitz was known for his creative and intensive marketing strategies, positioning Red Bull as a trendy, upscale drink. He associated the brand with extreme sports and fast living, sponsoring competitions in surfing, Formula 1, off-road racing, cycling, and more. Through his marketing prowess, Mateschitz turned Red Bull into a world market leader among energy drinks, creating a whole new beverage category in the Western world.
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Red Bull is the most popular energy drink brand, with a 43% market share
Red Bull is a brand of energy drinks created and owned by the Austrian company Red Bull GmbH. With a market share of 43%, it is the most popular energy drink brand as of 2020, and the third most valuable soft drink brand, behind Coca-Cola and Pepsi. Since its launch in 1987, more than 100 billion cans of Red Bull have been sold worldwide, including over 12 billion in 2023.
Red Bull was the leading brand within the United States energy drinks market in the 52 weeks ending on May 21, 2023, responsible for almost one half of all sales. This translated into sales of around 7.34 billion US dollars for the energy drink brand. Monster Energy followed in second place, with almost 30 percent market share.
Red Bull's success can be attributed to its advertising campaigns and sponsorship of extreme sports events and teams. The company has created events such as the Red Bull Air Race and the Red Bull Cliff Diving World Series, and owns multiple sports teams in racing and soccer. Additionally, clever television advertising has helped Red Bull become a household name.
Red Bull is sold in 172 countries and employs more than 13,000 people as of the end of 2021. The company continues to focus its efforts on expanding in the US, Western Europe, and the Far East.
While Red Bull was originally manufactured exclusively in Austria, it is now also produced in Switzerland and the United States. However, some consumers have noted a difference in taste between the Austrian-made and other Red Bull cans, claiming that the former tastes better. This may be due to the use of fresh Alpine water in the Austrian-made cans.
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Frequently asked questions
No, Red Bull is also made in Switzerland and the USA.
Red Bull was originally only made in Austria but in recent years, the company has added a factory in Switzerland. This is likely due to Switzerland's tax laws.
Yes, Red Bull was created and is owned by the Austrian company Red Bull GmbH. The company's headquarters are in Fuschl am See, an Austrian village near Salzburg.
Some consumers have reported a difference in taste between the two, with the Austrian-made Red Bull generally considered to be better.