Thailand Dairy and Soy Food Market Size and Trend Analysis by Categories and Segments, Distribution Channel, Packaging Formats, Market Share, Demographics, and Forecast, 2021-2026
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The Thailand dairy & soy food market was valued at $4.2 billion in 2021 and is expected to grow at a CAGR of more than 3% during 2021-2026. Milk led the Thai dairy & soy food sector in terms of per capita consumption.
The Thailand dairy & soy food market research report provides a comparative analysis of Thailand’s value and volume shares in the Asia-Pacific and global dairy & soy food sector. It offers an overview of the growth at a sector level and analyzes the various categories and distribution channels. Additionally, the report analyzed leading companies in the Thai dairy & soy food sector in 2021.
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Key Categories of Thailand Dairy and Soy Food Market
The Thailand dairy & soy food market’s key categories are butter & spreadable fats, cheese, cream, dairy-based & soy-based desserts, drinkable yogurt, grain, nut, rice, seed milk alternatives, milk, soymilk & soy drinks and yogurt. Milk was the largest category, followed by soymilk & soy drinks and drinkable yogurt. The drinkable yogurt category is expected to gain the maximum market share in value terms during the forecast period.
Thailand Dairy and Soy Food Market, by Categories
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Key Distribution Channel of Thailand Dairy and Soy Food Market
The key distribution channel in Thailand’s dairy and soy food market are hypermarkets & supermarkets, food & drinks specialists, convenience stores, and cash & carries and warehouse clubs. Hypermarkets & supermarkets was the largest distribution channel in the Thailand dairy & soy food sector.
Thailand Dairy and Soy Food Market, by Distribution Channel
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Packaging Analysis of Thailand Dairy and Soy Food Market
The key packaging materials in the Thailand dairy & soy food sector are paper & board, rigid plastics, rigid metal, glass and flexible packaging. Paper & board was the most used pack material in the Thailand dairy & soy food sector, followed by rigid plastics and rigid metal.
Thailand Dairy and Soy Food Market, by Packaging Material
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Key Companies of Thailand Dairy and Soy Food Market
Some of the key companies in Thailand’s dairy and soy food market are Royal FrieslandCampina N.V., Dutch Mill Group, Meiji Holdings Co Ltd, Lactasoy Co.Ltd. and Nestlé among others.
Thailand Dairy and Soy Food Market, by Key Companies
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Thailand Dairy and Soy Food Market - Overview
Market Value (2021) | $4.2 billion |
CAGR (2021-2026) | > 3% |
Key Categories | Butter & Spreadable Fats, Cheese, Cream, Dairy-Based & Soy-Based Desserts, Drinkable Yogurt, Grain, Nut, Rice, Seed Milk Alternatives, Milk, Soymilk & Soy Drinks and Yogurt |
Key Distribution Channel | Hypermarkets & Supermarkets, Food & Drinks Specialists, Convenience Stores, and Cash & Carries and Warehouse Clubs |
Key Packaging Material | Rigid Plastics, Paper & Board, Flexible Packaging, Rigid Metal and Glass |
Key Companies | Royal FrieslandCampina N.V., Dutch Mill Group, Meiji Holdings Co Ltd, Lactasoy Co.Ltd. and Nestlé |
Scope
- Per capita consumption and per capita expenditure of Dairy & soy was lower in Thai than the global level but higher than the regional level.
- Hypermarkets & supermarkets was the leading distribution channel in the Thai Dairy & soy sector
- Paper & board was the most used pack material in the Thai Dairy & soy sector, followed by rigid plastics
- “Kids and babies” represent the largest subset of the Dairy & soy sector in Thai
Reasons to Buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
- Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
- The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
- Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.
Dutch Mill Group
Meiji Holdings Co Ltd
LACTASOY CO.,LTD.
Nestlé
Yakult Honsha
Dairy Farming Promotion Organization(DPO)
Green Spot Co. Ltd.
Fonterra Co-Operative Group
The Thai Dairy Industry Co., Ltd
Table of Contents
Table
Figures
Frequently asked questions
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What was the market value of the Thailand dairy and soy food market in 2021?
The Thailand dairy and soy food market was valued at $4.2 billion in 2021.
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What was the CAGR of the Thailand dairy and soy food market during the forecast period 2021-2026?
The Thailand dairy and soy food market was forecast to grow at a CAGR of more than 3% during the forecast period.
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What are the key categories of the Thailand dairy and soy food market?
The key categories of Thailand dairy & soy food market are butter & spreadable fats, cheese, cream, dairy-based & soy-based desserts, drinkable yogurt, grain, nut, rice, seed milk alternatives, milk, soymilk & soy drinks and yogurt.
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What are the key distribution channels of the Thailand dairy and soy food market?
The key distribution channel in Thailand’s dairy and soy food market are hypermarkets & supermarkets, food & drinks specialists, convenience stores, and cash & carries and warehouse clubs.
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What are the key packaging materials used in the Thailand dairy and soy food market?
The key packaging materials used in the Thailand dairy and soy food market are flexible packaging, rigid plastics, paper & board, rigid metal and glass.
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What are the key companies in the Thailand dairy and soy food market?
Some of the key companies in the Thailand dairy and soy food market are Royal FrieslandCampina N.V., Dutch Mill Group, Meiji Holdings Co Ltd, Lactasoy Co.Ltd. and Nestlé .
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