Thailand Prepared Meals Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2026
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The prepared meals market in Thailand was valued at THB8.8 billion in 2021. The market is projected to grow at a CAGR of more than 7% during the forecast period. In 2021, the Thai prepared meals sector was led by the ready meals category in both value and volume terms. Furthermore, the ready meals category is forecasted to register the fastest value and volume growth during 2021-2026.
The Thailand prepared meals market report provides insights on high-growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data, and companies’ market shares.
Thailand prepared meals market overview
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What are the key categories in the Thailand prepared meals sector?
The key categories in the Thailand prepared meals market are meal kits, pizza, and ready meals. Ready meals led the Thai prepared meals sector in 2021 followed by meal kits and pizza.
Meal kits market in Thailand
The meal kits category can be further segmented into ambient meal kits, chilled meal kits, and frozen meal kits. The ambient meal kits segment had the highest market share in the meal kits category in 2021.
Pizza market in Thailand
The pizza category can be further segmented into chilled pizza and frozen pizza. The chilled pizza segment had the highest market share in the pizza category in 2021.
Ready meals market in Thailand
The ready meals category can be further segmented into ambient ready meals, chilled ready meals, dried ready meals, and frozen ready meals. The frozen ready meals segment had the highest market share in the ready meals category in 2021.
Prepared meals market in Thailand, by category
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What are the key distribution channels in the Thailand prepared meals market?
The key distribution channels in the Thailand prepared meals market are convenience stores, hypermarkets & supermarkets, food & drinks specialists, E-retailers, cash & carries & warehouse clubs, and others. Hypermarkets & supermarkets is the leading distribution channel in the Thai prepared meals sector followed by food & drinks specialists and convenience stores.
Prepared meals sector in Thailand, by distribution channel
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Which are the key companies in the Thailand prepared meals market?
The key companies in the Thailand prepared meals market are Charoen Pokphand Group, Prantalay Marketing Co. Ltd, S&P Syndicate Public Company Limited, Alfredo Foods Inc, Thai President Foods Public Company, Private Labels, and Others.
Prepared meals sector in Thailand, by companies
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Market report scope
Market size (Year – 2021) | THB8.8 billion |
Growth rate (CAGR) | >7% |
Forecast period | 2021-2026 |
Key categories | Meal Kits, Pizza, and Ready Meals |
Key distribution channels | Convenience Stores, Hypermarkets & Supermarkets, Food & Drinks Specialists, E-retailers, Cash & Carries & Warehouse Clubs, and Others |
Key companies | Charoen Pokphand Group, Prantalay Marketing Co. Ltd, S&P Syndicate Public Company Limited, Alfredo Foods Inc, Thai President Foods Public Company, and Private Labels |
Scope
- Per capita consumption and per capita expenditure of prepared meals was lower in Thailand than on both the global and regional level in 2021
- Thai consumers prefer value-for-money products in the prepared meals sector
- The per capita consumption of ready meals was higher than other prepared meals categories in Thailand in 2021
- Thailand’s largely working-class population will dwindle rapidly over 2021-2026
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 has 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 an economic summary of the country along with the labor market and demographic trends.
Prantalay Marketing Co. Ltd
S&P Syndicate Public Company Limited
Alfredo Foods Inc
Thai President Foods Public Company
Unilever
Thai Ha Co Ltd
Hi-Q Food Products Company Limited
Table of Contents
Table
Figures
Frequently asked questions
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What was the Thailand prepared meals market size in 2021?
The prepared meals market size in Thailand was valued at THB8.8 billion in 2021.
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What is the Thailand prepared meals market growth rate?
The Thai prepared meals sector is projected to grow at a CAGR of more than 7% during the forecast period.
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What are the key categories in the Thailand prepared meals market?
The key categories in the Thai prepared meals sector are meal kits, pizza, and ready meals.
-
What are the key distribution channels in the Thailand prepared meals market?
The key distribution channels in the Thai prepared meals sector are convenience stores, hypermarkets & supermarkets, food & drinks specialists, E-retailers, cash & carries & warehouse clubs, and others.
-
Which are the key companies in the Thailand prepared meals market?
The key companies in the Thai prepared meals sector are Charoen Pokphand Group, Prantalay Marketing Co. Ltd, S&P Syndicate Public Company Limited, Alfredo Foods Inc, Thai President Foods Public Company, Private Labels, and Others.
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