| Product Code: ETC384505 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Thailand import trend for Thailand red clover market exhibited a decline with a growth rate of -16.12% from 2023 to 2024. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a robust 30.47%. This decline in import momentum in 2024 could be attributed to shifts in demand dynamics or changes in trade policies impacting market stability.
The Red Clover market in Thailand is projected to grow at a stable growth rate of 0.06% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

Red clover is gaining attention in the Thai market due to its potential health benefits and use in traditional herbal remedies. Red clover is rich in phytoestrogens, making it a popular choice for women`s health supplements and herbal teas. Additionally, it is utilized in livestock feed as a source of nutrition. The Thai red clover market is relatively niche but has the potential for expansion as more consumers become aware of its medicinal properties and as its applications diversify.
The Thailand red clover market is growing steadily, driven by its diverse applications in agriculture, animal husbandry, and healthcare. Red clover is valued for its nutritional content and as a natural forage for livestock. Its potential in crop rotation for soil enrichment and pest management has gained attention among farmers. Furthermore, the growing interest in herbal and natural remedies has led to increased utilization of red clover in traditional medicine and dietary supplements, underlining its significance in multiple sectors.
Challenges in the Thailand red clover market include limited awareness and adoption of red clover as a forage crop. Educating farmers about its benefits for livestock nutrition and soil improvement is crucial. Additionally, the market may face issues related to climate change and the adaptability of red clover varieties to changing environmental conditions.
The impact of COVID-19 on the red clover market in Thailand was less direct compared to the food sector. Red clover is primarily used for agricultural purposes, including as a cover crop and for livestock feed. The pandemic`s disruptions affected supply chains for agricultural inputs, including red clover seeds. Farmers faced challenges in sourcing and transportation. However, the long-term impact on this niche market was relatively modest, with a gradual recovery as agricultural activities resumed.
In the thriving Thai red clover market, some of the leading players include established agricultural companies such as Siam Forage Co., Ltd. and Thai Herbage Co., Ltd. These companies have made significant contributions to the cultivation and distribution of red clover in Thailand, catering to the growing demand from livestock and dairy industries. Their expertise in forage crops and commitment to quality have positioned them as key players in this market.