Thailand Egg Processing Market | Analysis, Industry, Size, Forecast, Value, Revenue, Companies, Trends, Growth, Share & COVID-19 IMPACT

Thailand Egg Processing Market Synopsis

The egg processing market in Thailand is well-developed and highly competitive with several major players operating within it. In 2018, the total revenue generated by egg processors in Thailand was estimated at THB 18 billion (USD 530 million), representing an impressive CAGR of 20% since 2014. Around 89 percent of production comes from cage-free eggs while the remainder are sourced from caged hens or free-range farms. The leading brands are all based on white shells whereas brown shell eggs comprise only 11 percent of production volume for this sector in 2019.

Drivers of the Market

The Thailand egg processing market is influenced by the convenience and extended shelf life that processed egg products offer. As eggs are essential ingredients in many recipes, the demand for processed egg products like liquid eggs and egg powders is on the rise.

Challenges of the Market

The Thailand egg processing market faces challenges related to maintaining food safety standards and traceability throughout the supply chain. Fluctuations in egg prices and concerns over the handling of eggs in processed products present operational hurdles for manufacturers.

Trends & Oppourtunites of the Market

In the wake of convenience and health considerations, the egg processing market offers diverse possibilities. Businesses can delve into producing value-added egg products such as liquid eggs or ready-to-cook egg solutions, catering to time-pressed consumers and the foodservice industry.

COVID-19 Impact on the Market

In the egg processing market, the closure of restaurants and hotels resulted in a decline in demand from the foodservice sector. The shift in consumer behavior towards more health-conscious choices, however, led to an increased demand for packaged and processed egg products in retail channels.

Key Players in the Market

The Thailand egg processing market involves players like Betagro Group and CPF (Charoen Pokphand Foods), who contribute to the processing and distribution of egg products for various applications.

Key Highlights of the Report:

• Thailand Egg Processing Market Outlook
• Market Size of Thailand Egg Processing Market, 2023
• Forecast of Thailand Egg Processing Market, 2030
• Historical Data and Forecast of Thailand Egg Processing Revenues & Volume for the Period 2020-2030
• Thailand Egg Processing Market Trend Evolution
• Thailand Egg Processing Market Drivers and Challenges
• Thailand Egg Processing Price Trends
• Thailand Egg Processing Porter's Five Forces
• Thailand Egg Processing Industry Life Cycle
• Historical Data and Forecast of Thailand Egg Processing Market Revenues & Volume By Product Type for the Period 2020-2030
• Historical Data and Forecast of Thailand Egg Processing Market Revenues & Volume By Dried Egg Products for the Period 2020-2030
• Historical Data and Forecast of Thailand Egg Processing Market Revenues & Volume By Liquid Egg Products for the Period 2020-2030
• Historical Data and Forecast of Thailand Egg Processing Market Revenues & Volume By Frozen Egg Products for the Period 2020-2030
• Historical Data and Forecast of Thailand Egg Processing Market Revenues & Volume By Application for the Period 2020-2030
• Historical Data and Forecast of Thailand Egg Processing Market Revenues & Volume By Bakery for the Period 2020-2030
• Historical Data and Forecast of Thailand Egg Processing Market Revenues & Volume By Confectionery for the Period 2020-2030
• Historical Data and Forecast of Thailand Egg Processing Market Revenues & Volume By Dairy Products for the Period 2020-2030
• Historical Data and Forecast of Thailand Egg Processing Market Revenues & Volume By Ready-To-Eat Meals for the Period 2020-2030
• Historical Data and Forecast of Thailand Egg Processing Market Revenues & Volume By Soups & Sauces for the Period 2020-2030
• Historical Data and Forecast of Thailand Egg Processing Market Revenues & Volume By Others for the Period 2020-2030
• Thailand Egg Processing Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Application
• Thailand Egg Processing Top Companies Market Share
• Thailand Egg Processing Competitive Benchmarking By Technical and Operational Parameters
• Thailand Egg Processing Company Profiles
• Thailand Egg Processing Key Strategic Recommendations