Product Code: ETC109724 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Organic Sugar Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 3.63% in 2025, growth builds up to 13.37% by 2029.
Thailand's Organic Sugar market is anticipated to experience a stable growth rate of 4.79% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The organic sugar market in Thailand was valued at USD 366 million in 2017 and is anticipated to reach a value of USD 518 million, registering a CAGR of 6.9%. Growing consumer preference towards healthier food choices coupled with favorable government initiatives encouraging organic farming has led to an increase in production and consumption of organic sugar products across Thailand. Additionally, growing health consciousness among consumers is expected to have positive influence on this markets growth over the next six years.
In the Thailand organic sugar market, the drivers are rooted in the global shift towards healthier and more sustainable consumption patterns. As consumers become more health-conscious and environmentally aware, there has been a growing preference for organic and natural products. The organic sugar market has benefited from this trend, as consumers seek alternatives to conventional refined sugar. Additionally, the market`s growth is supported by ethical and sustainable agricultural practices, which resonate with consumers` values and concerns about the environment.
In the Thailand organic sugar market, challenges include the need for sustainable sourcing and consumer education. While the demand for organic products is on the rise, ensuring a consistent supply of certified organic sugar can be challenging due to factors such as weather conditions and limited organic farming practices. Moreover, educating consumers about the benefits of organic sugar and dispelling misconceptions is crucial for market growth. Balancing competitive pricing with the higher production costs of organic farming can also be a challenge for businesses in this market.
In the Thailand organic sugar market, the pandemic highlighted the importance of health and wellness, driving consumer preferences towards natural and organic products. While the market experienced initial supply chain disruptions, the increased focus on healthier food options contributed to sustained demand. As lockdowns eased, the market saw a shift in distribution channels towards online platforms and direct-to-consumer sales.
Within the Thailand organic sugar market, notable participants like OrganicSweet Farms, ThaiNatural Sugars, and GreenHarvest Organics have made their mark. These entities have been involved in the cultivation and production of organic sugar, catering to the growing demand for healthier and environmentally friendly sweeteners. Their dedication to sustainable farming practices and providing organic options aligns with changing consumer preferences.