Thailand meat market 2022. 4% and imports rose by 14.
Thailand meat market 2022. Nithiporn Yotsaphon · Aug 24, 2022.
Thailand meat market 2022 8% in value terms compared to 2022. ©2022 by Thai Livestock & Meat Exporter-Importer (TLEX). Exports In 2022, Thailand exported $6. of meat in Thailand. 1B in 2023. 74M), Burma ($1. With global demand for sustainable proteins on the rise, Betagro aims to make plant-based meats a mainstream choice. 1B for the first time since 2020, thus ending a two-year rising trend. 59bn 2027 CAGR 6. 7M in 2014; however, from 2015 to 2023, consumption remained at a lower figure. The meat market declined slightly, compared to the previous year. 89%) in the in the world, Thailand offers significant market opportunities for U. Statista. Japan’s 2022 imports of chicken meat from Thailand were 64 percent cooked and 36 percent uncooked. In general, imports posted a Key Market Indicators. 2 Market Drivers. The market value increased at an average annual rate of +1. Thai processed food products have a high reputation for their quality and taste. 1 Impact Analysis. 9B, and then reduced in the following year. dietary supplements. Jan 19, 2022 · ASF outbreak was officially confirmed in Thailand on January 11, 2022. 9/kg for the period. End of Report Attachments: No Attachments. A report by the Good Food Institute also revealed that the net value of the plant-based meat market in the United States jumped Apr 3, 2024 · Revenue of the processed meat market worldwide 2018-2029; Production volume of cattle meat in Thailand from 2012 to 2022 (in 1,000 metric tons) [Graph], FAO, December 27, 2023. 8% to $2. Nov 1, 2024 · In 2023, the Thai processed meat market increased by 1. Overall, consumption, however, showed a relatively flat trend pattern. While Thai cuisine prominently features seafood and poultry, there is a growing demand for processed meat products such as sausages, cold cuts, and canned meats. In value terms, chicken meat exports soared to $1. Over the period under review, the market hit record highs at $26B Processed Meat in Thailand (2022) – Market Sizes £ 495. 1: Thailand’s Chicken Meat Production, Supply and Demand Meat, Chicken 2020 2021 2022 Market Year Begins Jan 2020 Jan 2021 Jan 2022 Thailand USDA Official New Post USDA Official New Post USDA Official New Post Beginning Stocks (1000 MT) 32 32 44 44 0 45 Production (1000 MT) 3250 3250 3340 3280 0 3380 Jan 25, 2021 · 2021. The information below is based on the HS code 020745 (Meat and edible offal; of ducks, cuts and offal, excluding fatty livers, frozen). Thailand Meat Speciation Testing Market is expected to grow during 2022-2028 Thailand Meat Speciation Testing Market Outlook | Value, Growth, Analysis, Forecast The Thailand Foodservice Market is expected to reach USD 32. 5% in 2024. 7B in 2014; afterwards, it flattened through to 2023. One of the pioneers in Thailand’s alternative meat market is Vorakan Tanachotevorapong, founder of More Meat, a Thai plant-based meat brand made exclusively from mushrooms. This report covers packaged processed meat and poultry and products with a predominantly meat content. 71 billion in 2025 and grow at a CAGR of 4. Swine production is expected to decline by 35-40 percent in 2022, causing an upward price pressure on pork meat which is expected to increase around 30 percent compared to 2021. 3K tons) Lao People's Democratic Republic (1. 5M in 2023, with a decrease of -10. 6. Sep 1, 2021 · Table 1. [Online]. May 31, 2024. In general, the yield, however, continues to indicate a slight shrinkage. Saphan Mai Thailand Market. 5 Thailand Rabbit or Hare Meat Market Trends. 79 billion by 2029. fishery industry Beef market in Canada Meat industry in Canada Total volume of seafood exported from Thailand from 2020 to 2022 (in 1,000 tons Aug 31, 2023 · CP Foods pledges to improve antibiotic-free meat products Market Market news from Philippines, Thailand and Vietnam Showing 70 of 278 posts 1 1 2 — 10 > Thailand has a relatively well-developed food processing sector. Food & drinks specialists is the leading channel for distribution of meat in the country Dec 15, 2024 · The Thai goat meat market contracted to $8. 8 billion U. Get export value, volume, price data, trends and more. Chicken Meat Exports in Thailand. Market Fact Sheet: Thailand 2 Thailand is Southeast Asia’s second largest economy with a 2022 gross domestic product (GDP) of $495 billion. 9M in Poultry Meat, becoming the 115th largest importer of Poultry Meat in the world. 3K tons) Myanmar (6. 8 Thailand Meat, Poultry And Seafood Market Revenues & Volume Share, By Distribution channel, 2020 & 2030F. Eat less, eat better. 1 Thailand Rabbit or Hare Meat Market, By Thailand Meat Products Market Synopsis. 1% in 2022. imports of commodity group 0202 "Meat of bovine animals, frozen" decreased by $ 25 million (the value of imports of commodity group 0202 to Thailand was equal to $150 million in 2022) Apr 4, 2023 · The value of Thailand’s food exports was $38. Get a Free Sample Report. 09M in Pig Meat, making it the 43rd largest exporter of Pig Meat in the world. Thai Chicken Export Increase by 47% YoY on Q2 2022. Thailand remains a strong agricultural competitor as it is the world’s leading exporter of rice, sugar, natural rubber, frozen shrimp, canned tuna, canned pineapples, cooked poultry, and cassava. Thailand Pork Meat market currently, in 2023, has witnessed an HHI of 1558, Which has decreased moderately as compared to the HHI of 3355 in 2017. Consumption is also seen to increase 3% as the foodservice and tourism sectors resume operations. Apr 3, 2024 · Revenue of the processed meat market worldwide 2018-2029; Production volume of chicken meat in Thailand from 2011 to 2022 (in 1,000 tons) [Graph], FAO, December 27, 2023. This report presents a comprehensive overview of the Thai pork meat market, the effect of recent high-impact world events on it, and a forecast for the market development in the medium term. The Thai Pork Meat Industry Report Description. 1 billion in 2021 and is expected to register a compound annual growth rate (CAGR) of 2. 00m in 2029. 7 tons) Pork Imports in Thailand. Meat and poultry consumption peaked at $6. Jan 1, 2025 · After four years of growth, the Thai beef market decreased by -6. 84bn IN-SCOPE • Fresh Meat • Processed Meat • Meat Substitutes Dec 20, 2023 · Revenue of the meat market in Thailand from 2018 to 2028 (in billion U. 2% to 42 kg. Sales of commodity group 0202 to Thailand decreased by 16. 525 million in 2028 from US$224. 8 kilograms per capita (+8. Oct 13, 2024 · Lamb and Sheep Meat Yield in Thailand - 2022. 1% was in 2020. • Following real growth of 2. 539 billion by 2029 from $6. Consumption is expected to increase 3% in 2022 as the food service and tourism sectors reopen, a USDA report said. Top Suppliers of Lamb and Sheep Meat to Thailand in 2022: Australia (982. 6% PER CAPITA INCOME (2022): USD $7,383 The global meat, poultry and seafood market size was valued at USD 1,277. Sep 13, 2021 · Chicken meat production in Thailand is forecast to grow 3% year-on-year in 2022, as domestic demand gradually recovers, a USDA report said. Through 2019 alone, the interest in Thailand beef (meat category) has been steady, compared to the year 2018. In 2022, imports of sausages and similar products of meat into Thailand declined notably to 222 tons, shrinking by -20. Find the latest marketing data on the IndexBox platform. One prominent company in this sector is CP Foods, a major conglomerate that has entered the plant-based meat market with its "C. 1B in 2022. Thailand Ready to Eat Food Market Overview, By Region: 8. 01 kilograms per capita (-0. Pork consumption peaked at $2. Nov 28, 2023 · Focusing on the forecast period: The consumption per capita of pig meat in Thailand was forecast to continuously increase by 0. 76 metric tons, slightly decreasing from the previous year. 5 billion in 2024. 9 tons) Lao People's Democratic Republic (7. Thailand Pork Meat Market Competition 2023. Jun 20, 2023 · In 2018, the poultry market volume in Thailand with over one million tons, which was the highest among other types of fresh meat market. 74 thousand tons, slightly decreasing from the previous year. 96%, reaching US$314. 135 million in 2021. 7B in 2023. For the third consecutive year, Thailand recorded decline in shipments abroad of beef (cattle meat), which decreased by -78. Jul 16, 2024 · The decomposition of the time series data revealed a consistent upward trend in Thailand’s poultry meat production volume from 2. As a result, consumption attained the peak level of $2. In 2022, the average yield of lamb and sheep meat in Thailand expanded modestly to 12 kg per head, rising by 2. 6M in Other Prepared Meat, becoming the 52nd largest importer of Other Prepared Meat in the world. 6 tons) New Zealand (356. 01M), Cambodia ($967k), and Nigeria ($43. Sep 7, 2023 · FAS Bangkok estimates Thailand’s chicken meat production to marginally increase in 2023 amid a surge in exports, a slow recovery in the tourism sector and high feed costs. 0 tons) Cambodia (120. On-the-Ground The Processed Meat market in Thailand is projected to grow by 2. The average yield of goat meat in Thailand reached 15 kg per head in 2022, standing approx. Oct 1, 2022 · According to a study conducted by Marketbuzzz among 1,000 Thais in August 2022, 68% claim they include meat in their regular diets, but almost one-third claim to eat alternative diets, primarily Oct 17, 2024 · In 2022, Betagro launched its plant-based protein brand, Meatly, as part of its move into the alternative protein market. Srettha Thavisin. In general, consumption, however, saw a relatively flat trend pattern. Brazil’s uncooked chicken meat was also 8-9 percent The Thailand Packaging Market is expected to reach USD 15. The rapid inflation has resulted in a sudden country-wide increase in everything from street food to supermarkets, Reuters reports. 18M), Singapore ($85k), Laos ($33k), and Cambodia ($22. 1% to $3. In 2021, Thailand was number 12 in the global ranking, behind Ecuador at $128 million. Beef is a prominent ingredient in Thai cuisine, particularly in popular Graph 6: consumption of select formats of processed meat products in the last six months, 2022; Graph 7: consumption of different formats of processed meat products in the last six months, 2022; Graph 8: repertoire of different types of processed meat, 2022; Graph 9: consumers who plan to eat processed meat regularly, by consumer segments, 2022 Meat Price in Thailand (FOB) - 2022. Beef Yield in Thailand - 2022. Meat Market Bangkok, originally from Germany , provides quality imported meat, seafood, and wines fro Meat Market Thailand | Bangkok The amount of beef shipped by Thailand in 2020 was 1,479 metric tons. In 2019 Thailand sold 177 tonnes of beef. This reflects a slight decrease in export value from around 142 billion Imports In 2022, Thailand imported $38. CP All PCL, Minor International PCL, MK Restaurant Group Public Company Limited, PTT Public Company Limited and Yum! In 2019 Thailand sold 1,799,004 tonnes of chicken meat. Furthermore, the chilled raw packaged meat - processed category is forecast to register fastest value growth while, ambient meat category is forecast to register fastest volume growth during 2019-2024. 7% to $25. The country is a major producer and exporter of processed food products. Dec 15, 2018 · Meat Snacks (Savory Snacks) Market in Thailand – Outlook to 2022: Market Size, Growth and Forecast Analytics is a broad level market review of Meat Snacks market in Thailand. Dec 15, 2024 · The Thai lamb and sheep meat market fell significantly to $9. Thailand Ready to Eat Food Market Opportunity Assessment: 10. 5% from 2022 to 2030 Aug 24, 2024 · by 2022, it further increased to 300 billion Thai Baht, reflecting improved market conditions and higher demand. 3 billion. 8% to 6. In 2022, the amount of pork imported into Thailand skyrocketed to 141 tons, picking up by 43% on the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. In general, exports showed a dramatic contraction. 31,799 likes · 107 talking about this · 793 were here. 6 Thailand Meat, Poultry And Seafood Market, By Types Jun 3, 2024 · Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. This growth could be attributed to the transformation of Thai poultry farming practices, transitioning from smaller-scale, traditional systems to more Processed Meat - Thailand by Mintel Market Sizes provides you with annual year-end market size data, most recently updated in 2022. 84%) within the next years. Jan 24, 2022 · Chicken meat production in Thailand is forecast to grow 3% year-on-year (yoy) in 2022, driven by the gradual recovery in domestic consumption and exports. Nov 17, 2022 · A growing preference is growing among Thai consumers when it comes to frozen meats and seafood. In 2022, the amount of chicken meat exported from Thailand fell to 357K tons, almost unchanged from the year before. 1B in 2022, and then declined in the following year. $1. Apr 3, 2024 · In 2022, the production volume of sheep meat in Thailand was estimated to amount to around 152. Dec 15, 2024 · This report provides an in-depth analysis of the market for pork (meat of swine) in Thailand. On the other hand, 95 percent of Japan’s imports of Brazilian chicken meat were uncooked. Apr 25, 2022 · Saphan Mai Thailand Market. 4 Thailand Rabbit or Hare Meat Market Dynamics. 78% to reach USD 47. • Thailand's meat market giants are developing a plant-based product line Science and technology enable elevated sensations for plant-based alternatives • Food-tech companies adopt new technology to advance the taste and looks of plant-based alternatives Aug 29, 2022 · The global plant-based meat market is projected to expand further and reach $24. 77 billion Thai baht. Duck and goose meat consumption peaked in 2023 and is expected Meat Substitute overview from domestic price to data analysis. MARKET OVERVIEW THAILAND FISH & SEAFOOD MARKET Forecast Period (2022 –2027) 2022 US$7. See the market overview of Goat Meat in Thailand at a glance including real-time offers, market prices, news, insights, suppliers, trade data and more. soybeans and soybean meal across both the food and feed sectors. Over the period under review, the market attained the maximum level at $2. 43% and 4. Imports In 2022, Thailand imported $20. TPBI Public Company Limited, TPAC Packaging, SCG Packaging, Dainichiseika Color & Chemicals Mfg. Jan 18, 2022 · Due to a supply shortage, market speculation and the first official report of ASF, the cost of pork in Thailand is skyrocketing, causing the price of the country’s favorite meat to soar. ,Ltd. 543 billion in 2024. Meat preparations of poultry consumption peaked at Mar 1, 2024 · Thailand - Meat Dishes - Market Analysis, Forecast, Size, Trends and Insights Dec 14, 2023 · Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. 6B. For The Thailand plant-based meat market is gaining traction, with several leading players offering innovative plant-based meat alternatives. Purchase the Meat in Thailand Country Sector Briefing as part of our Meat research for February 2024. Jan 1, 2025 · For the third consecutive year, the Thai pork market recorded growth in sales value, which increased by 16% to $2. Processed meat items such as sausages, ham, bacon, and canned meats are popular choices among Thai consumers. dollars. The market value increased at an average annual rate of +3. The processed meat market in Thailand is experiencing steady growth as consumer lifestyles become more fast-paced, leading to a higher demand for convenient and ready-to-eat meat products. 85 billion in 2024 and grow at a CAGR of 7. Between the years 2017 and 2019 the exports of beef were minimal, netting Thailand very little foreign income. With rising demand for processed foods and new product development, there are significant opportunities for U. Jul 4, 2022 · Prices of live pigs and pork in Thailand will remain elevated in H2 2022, driven by higher prices of feed raw materials. Post forecasts chicken meat production will further slow down in 2024 in line with chicken meat exports and a slow recovery in domestic consumption. 4 kilograms per capita (+5. 73% US$9. Nov 30, 2020 · The Thai meat sector was led by fresh meat (counter) category in both value and volume terms in 2019. 5m revenue by 2024, reflecting an estimated growth rate of 39% compared to 2023. 6% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Frozen goods can provide a longer shelf life and can keep its freshness intact until it reaches the end user. The volume of pork shipped by Thailand in 2020 was 37,367 tons. At the same year, Other Prepared Meat was the 558th most imported product in Thailand . Meat Market Thailand. Thai importers are aware of the trends in the Thai market and are always looking for new and innovative products to introduce, especially as the flexitarian and reducetarian consumer groups aim to capture 10 percent of the traditional meat market. In 2019 Thailand sold 17,522 tonnes of pork. Overall, consumption recorded a perceptible slump. 5% Jan 1, 2025 · The Thai sausage market contracted slightly to $2B in 2024, reducing by -3% against the previous year. Since 1994, the country's supply has increased by 3. At the same year, Poultry was the 679th most imported product in Thailand. 4. Overall, the yield showed a relatively flat trend pattern. 70bn in 2029. 9M in Poultry, becoming the 22nd largest importer of Poultry in the world. Over the period under review, exports continue to indicate a abrupt slump. • Thailand is well-known for its own cuisine, developed over centuries, and is among the top drawcards for tourists. When it comes to quality meat. Thailand Livestock and Poultry Market is expected to grow during Oct 2022: Updated Date: By Chicken Meat, 2020-2030F. 98k in Sheep and Goat Meat, making it the 103rd largest exporter of Sheep and Goat Meat in the world. 4% and imports rose by 14. 71 million tons to 3. superior meat compared to others, with a delicious taste, making it the ideal meat for special occasions (Source: MLA Global Consumer Tracker Thailand, 2021). 3. kept pace with the overall market growth – while Thailand’s total imports of chilled and frozen beef increased 41% year-on-year from August 2021, imports from New Zealand decreased by 8%. 1% against the previous year. Jan 21, 2022 · Farm-gate prices of hogs and retail prices of pork meat increased to record levels in January. Dec 20, 2023 · Revenue of the meat market in Thailand from 2018 to 2028 (in billion U. Discover import data of Fresh Whole Beef to Thailand. For the year 2019 alone, the interest in Thailand pork (meat category) has been constant, compared to the year 2018. 7% to $1. com. The Thailand canned food market is estimated to grow at a CAGR of 4. 6% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 5% in 2023 and 3. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3. The main destination of Pig Meat exports from Thailand are: Hong Kong ($4. The soybean demand in Thailand is expected to grow continuously 2 in 2023, particularly the main demand from soybean processing business like soybean oil. Euromonitor International is the leading provider of strategic market research reports. 3), up 23% from the same period last year. • While Thailand’s merchandise exports increased by 4. Nithiporn Yotsaphon · Aug 24, 2022. Meat Market Thailand, Bangkok, Thailand. 8k). The plant-based food market in Thailand is currently growing 2-10 percent per year with growth projected to reach 10-35 percent per year, with the sector’s value reaching U. Sep 11, 2022 · The prices of soybeans imported by Thailand are expected to stay in the range of USD600-700 per ton, compared to an expected average price of USD650 per ton in 2022, which is a record high. See the market overview of Meat Substitute in Thailand at a glance including real-time offers, market prices, news, insights, suppliers, trade data and more. Aug 29, 2021 · Plant-based diets and meat substitutes are gaining popularity and are capturing the interest of Thai consumers. Click here to download full report: English version: MARKET TRENDS IN THAILAND – MEAT & SEAFOOD 2022, Thailand (42 percent) and Brazil (39 percent) were Japan’s top suppliers of chicken meat. Between 2017 and 2019 the exports of pork were very few, earning the country very little foreign income. Sep 15, 2024 · In 2022, the total revenue of the meat market in Thailand amounted to approximately 6. Processed Meat in Thailand by Mintel Market Sizes provides you with annual year-end market size data, most recently updated in 2022. The Meat & Fish eCommerce market in Thailand is predicted to reach US$297. 6 tons in 2022. POPULATION (2023): 71. Apr 3, 2024 · Premium Statistic Revenue of the meat market Thailand 2018-2028; Production volume of duck meat in Thailand from 2012 to 2022 (in 1,000 metric tons) [Graph], FAO, December 27, 2023. Imports In 2022, Thailand imported $22. 5 Thailand Meat, Poultry And Seafood Market Trends. Sep 16, 2022 · According to the 2022 Global Muslim Travel Index, Thailand was ranked fourth among the top 10 preferred destinations for Muslims outside of the Organization of Islamic Cooperation (OIC) countries. Thailand is a country with abundant raw materials, making entry of raw ingredients difficult. Furthermore, Australian chilled beef holds over 90% market share compared to less than 1% for New Thailand Meat, Poultry, Seafood Packaging Market is expected to grow during 2022-2028 Top Export Markets for Pork from Thailand in 2022: Hong Kong SAR (896. Discover export data of Duck Meat from Thailand. Thailand's frozen food exports are set to reach $144 million by 2026, growing 2% year on year on average. 29bn 2027 CAGR 4. Thai poultry meat consumption is expected to drop slightly to nearly 900,000 metric tons by 2026. 46% to reach USD 19. 54 billion by 2030. The meat products market in Thailand reflects the country`s diverse culinary traditions. S. The Thai government practically bans US chicken meat products, and high import tariffs (30% for chilled or frozen uncooked meat and 40% for cooked chicken meat) and a discriminatory import permit fee on uncooked products Apr 23, 2024 · In 2022, the production volume of pig meat in Thailand amounted to 890. , Ltd. Apr 3, 2024 · Revenue of the processed meat market worldwide 2018-2029; Production volume of chicken meat in Thailand from 2011 to 2022 (in 1,000 tons) [Graph], FAO, December Plant-based diets and meat substitutes are gaining popularity and are capturing the interest of Thai consumers. Over the period under review, consumption, however, showed a relatively flat trend pattern. Sbm and corn prices are now at USD 0. " Chart. 4B, rising for the second year in a row after two years of decline. 1% against 2021. Farm-gate prices of hogs in January 2022 increased to 96 Baht/kilogram ($2,885/ton), up 27% from the same period last year. Between the years 2017 and 2019 the exports of chicken meat were negligible, netting Thailand very little foreign income. 1 billion AVG. The Thai Pork Meat Market Report Description. Dec 1, 2024 · In 2023, the Thai meat preparations of poultry market decreased by -4. are the major companies operating in this market. EU-ETS allowance prices in the European Union 2022-2024; Renewable See full list on globaldata. 61 million heads. In 2022, the average meat export price amounted to $3,890 per ton, standing approx. 8B in 2012; however, from 2013 to 2024, consumption stood at a somewhat lower figure. Market size comprises sales through all retail channels including direct to consumer. Oct 9, 2023 · Top Export Markets for Sausage from Thailand in 2022: Cambodia (14. As a result, the yield reached the peak level and is likely to continue growth in the immediate term. 6% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. 7% against the previous year. The forecast exhibits the market prospects through 2030. Smith Taweelerdniti, CEO of Let’s Plant Meat and Managing Director of its parent company, Nithi Foods, received the award in person from Prime Minister Mr. 8 billion in 2022, while the value of Thailand’s imports of food ingredient was $3. 9% against the previous year. 8B in 2023. The fastest growing export markets for Poultry of Thailand between 2021 and 2022 were Laos ($6. Get import value, volume, price data, trends and more. Goat Meat overview from domestic price to data analysis. • Inflation in Thailand is forecast to slow down to 3% in 2023 from 6. This report covers packaged processed meat and Find out more 8. The growth pace was the most rapid in 2021 with an increase of 0. dollars) Basic Statistic Sheep meat production Thailand 2012-2022 Premium Statistic The Meat market in Thailand is projected to grow by 5. 3 Market Restraints. Key Market Indicators. Meiji" brand. 3% from 2022 to 2030. Snacks in 2024: The big picture. The smallest decline of -27. P. Over the period under review, the market reached the maximum level at $15M in 2014; however, from 2015 to 2023, consumption remained at a lower figure. 9 tons) Exports of Lamb and Sheep Meat in Thailand. 7% year on year. Dec 5, 2024 · Thailand-based alt meat brand Let’s Plant Meat has received the prestigious Prime Minister’s Export Award in the Best Thai Brand category. . Over the period under review, consumption, however, recorded a significant expansion. 4% over the last decade. 8 billion by 2030, as the report estimated a compound annual growth rate (CAGR) of the plant-based meat market at 19. 1% to $1. 6k). Sep 21, 2021 · Thailand is a highly protected market where the government only allows the importation of certain types of poultry meat. Overview of Value Added Chicken Meat Market in Thailand. In 2022, after two years of decline, there was significant decline in overseas shipments of lamb and sheep meat, when their volume decreased by -67. Thailand Ready to Eat Food Market Volume, By Region, 2018-2028F: 9. At the same year, Sheep and Goat Meat was the 1190th most exported product in Thailand . Thailand Ready to Eat Food Market Revenues, By Region, 2018-2028F: 8. This report presents an overview of the Thai pork meat industry for the period 2019-2023, the effect of recent high-impact world events on it, and a forecast for the industry development in the medium term (2024-2029). Over the period under review, the yield continues to indicate a relatively flat trend pattern. 1M in 2023, reducing by -13. at the previous year. Co. ECONOMIC GROWTH (2018-2022): 3. 0K tons) Sausage Imports in Thailand. In general, exports saw a abrupt descent. 2 Thailand Livestock and Poultry Cattle Market Index (June 2022) 130 THB/kg. Meat Market Thailand Meat Market Bangkok, originally from German, provides quality imported meat, seafood, and wines from various parts of the world. Thai importers are aware of the trends and are always looking for new and innovative products to introduce into the Thai market, such as alternative meat products. Thailand Ready to Eat Food Market Key Performance Indicators: 10. 5% against the previous year. For 2019 alone, the market for Thailand chicken meat (meat category) has gone up, compared to the year 2018. Beef consumption peaked at $1. 1% to $6. See the market overview of Goose Meat in Thailand at a glance including real-time offers, market prices, news, insights, suppliers, trade data and more. China, Spain, and Mexico ranked 2nd, 3rd, and 4th respectively. Meanwhile, retail prices of pork meat increased to 190-200 Baht per kilogram ($5. 2023 Nov 28, 2023 · Focusing on the forecast period: The consumption per capita of poultry meat in Thailand was forecast to continuously increase by 0. 5K tons) Japan (5. Dec 15, 2024 · In 2023, the Thai duck and goose meat market increased by 13% to $241M, rising for the second consecutive year after two years of decline. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed Jan 1, 2025 · For the fifth consecutive year, the Thai meat and poultry market recorded growth in sales value, which increased by 0. Tourism is an integral part of Thailand’s economy and the industry contributes to some 20 percent of total GDP before the pandemic, bringing some Thailand Pet Food Market is anticipated to upsurge and witness a CAGR of 5. At the same year, Pig Meat was the 786th most exported product in Thailand . Goose Meat overview from domestic price to analysis. com dietary supplements. The most prominent rate of growth was recorded in 2017 when the market value increased by 9. Goat Meat Yield in Thailand - 2022. Proudly created with Wix. 32% (2025-2029) resulting in a market volume of US$1,232. Chicken consumption is also seen to increase 3% next year as the foodservice and tourism sectors resume operations, a USDA report said. The snack market in Thailand is projected to experience robust growth in current value sales in 2024, driven by factors such as rising unit prices, a growing focus on health and wellness, and the ongoing trend towards premiumisation. 35% (2025-2029) resulting in a market volume of US$12. Meat and poultry exports from Thailand dropped to 367K tons in 2022, with a decrease of -3. Jan 1, 2025 · In 2023, after three years of growth, there was significant decline in the Thai chicken meat market, when its value decreased by -10. 9B in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure. 32%) within the next years. Surachai Sutthitham, Thai Swine Raisers Association President, told Asian Agribiz that prices of live pigs will remain at USD 2. Over the period under review, the market hit record highs in 2023 Meat Market Thailand. 1. Meat Snacks (Savory Snacks) Market in Thailand - Outlook to 2022: Market Size, Growth and Forecast Analytics Dec 1, 2024 · The Thai turkey meat market fell to $1. 1% over the last eleven years. Nov 6, 2023 · Fish and seafood industry in Canada U. Aug 15, 2022 · As of 2022, there are at least 16 major brands of alternative meat products already on the market in Thailand. 6%. Oct 23, 2023 · In 2022, the total revenue of the meat market in Thailand amounted to approximately 6. Thailand Animal Feed Market size is projected to grow at a CAGR of 2. 4 Thailand Meat, Poultry And Seafood Market Dynamics. In 2022, the export value of chicken meat and products from Thailand amounted to approximately 140. Sep 20, 2021 · Chicken meat production in Thailand is forecast to grow 3% year-on-year (yoy) in 2022, driven by a gradual recovery in domestic consumption and chicken exports. dollars) Basic Statistic Duck meat production Thailand 2012-2022 Basic Statistic Dec 1, 2024 · For the third consecutive year, the Thai meat market recorded growth in sales value, which increased by 8. 73% over the forecast period from 2022-2026. Oct 15, 2024 · Production of Meat in Thailand - 2022. 2023 Meat and Poultry Exports in Thailand. Meat Market Bangkok, originally from German, provides quality imported meat, seafood, and wines from various parts of the world. Focusing on the forecast period: With the exception of 2023 and 2024, the consumption per capita of beef and veal in Thailand was forecast to decrease by 0. EU-ETS allowance prices in the European Union 2022-2024 Exports In 2022, Thailand exported $3. 5% in 2022, Thailand’s economy is expected to continue expanding at the same 2. The company envisions that by 2040, 60% of the world’s meat consumers will be eating alternative proteins. The market value increased at an average annual rate of +4. Turkey meat consumption peaked at $2. 35/kg, respectively. "Export value of fresh, chilled or frozen duck meat from Thailand from 2021 to 2023 (in million Thai baht). 87% reaching $7. 27 million tons between 2017 and 2022. In 2022, the average yield of beef (cattle meat) in Thailand declined slightly to 161 kg per head, therefore, remained relatively stable against 2021. In general, the total consumption indicated a notable expansion from 2012 to 2023: its value increased at an average annual rate of +3. 8 million (Urbanization 52%) GDP (2022): USD $517. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). 6 Thailand Rabbit or Hare Meat Market Revenues & Volume Share, By Application, 2020 & 2030F. The pace of growth was the most pronounced in 2021 with an increase of 4%. 1% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 3% against the year before. food ingredients to in the Thai food processing sector. The market for alternative meat products is forecast to grow in the near future and is expected to capture up to 10% of the traditional meat market. Jan 28, 2024 · The value of imports of commodity group 0202 "Meat of bovine animals, frozen" to Thailand totalled $ 125 million in 2023. In 2021, the country was in 28th place, with Pakistan overtaking it at 905,000 metric tons. These companies have a significant share in the production and distribution of duck meat products, including fresh and processed options. 6 Thailand Rabbit or Hare Meat Market, By Types. 65/kg and USD 0. Thailand's chicken meat exports are categorised as: The duck meat market in Thailand is characterized by key players like Saha Farms, Thai Foods Group, and Chareon Pokphand Foods (CP Foods). 63% US$11. The research handbook provides up-to-date market size data for period 2012-2017 and illustrative forecast to 2022 covering key market aspects like Sales Value and Volume Mar 26, 2024 · In 2023, the meat duck stock in Thailand amounted to approximately 10. 4 tons) Myanmar (459. 2. Export Price S2500 FOB Chiangrai. U. Mr. Soy has collaborated in Thailand since 1994. The information below is based on the HS code 0201 (Meat of bovine animals; fresh or chilled). Overall, consumption, however, recorded a perceptible decrease. and Eastern Polypack Co. The prime reason which is expected to drive the canned food demand in the country is a surge in household disposable income and lifestyle changes that have accommodated the utilization of canned food in meal preparation or its consumption as a meal itself. 19bn IN-SCOPE • Fresh & frozen fish • Fresh & frozen seafood • Processed fish & seafood Thailand Meat Market (2022 –2027) 2022 US$8. At the same year, Poultry Meat was the 699th most imported product in Thailand . 3% against the previous year. The graph illustrates the production value of rice in billion Thai Baht over the Jul 4, 2024 · OAE. 1M in 2023, declining by -17. xtgtcu mlmu zcod bvu ixe lpb hbzhguv ubcd miksx cyyahh