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

Thailand Artichokes Market Synopsis

The artichoke market in Thailand has seen steady growth over the past few years due to an increase in health consciousness among local consumers. The total artichoke market size reached US$8 million in 2020 and is forecasted to reach US$8 million with a CAGR of 5%. The main driver behind this trend is an increased focus on healthier eating habits amongst Thai people as well as more frequent visits to restaurants that serve dishes containing artichokes. In addition, government initiatives promoting organic farming have also contributed to its growth rate.

Drivers of the Market

In the Thailand artichokes market, the drivers include the increasing consumer interest in diverse and exotic vegetables, coupled with the growing culinary awareness and experimentation. Artichokes are appreciated for their unique flavor and versatility in various dishes. As consumers become more adventurous in their eating habits and explore different cuisines, the demand for artichokes and other specialty vegetables like aubergines (eggplants) has risen.

Challenges of the Market

In the Thailand artichokes market, challenges lie in raising awareness and demand for this niche vegetable, which might be less familiar to the local palate. Educating consumers about the benefits and culinary versatility of artichokes while addressing supply chain constraints can pose hurdles for market growth.

Trends & Oppourtunites of the Market

Niche but promising, the artichoke market offers avenues for upscale culinary exploration. Establishing a presence in this market can captivate those seeking distinct flavors, allowing specialty food producers to craft offerings for a discerning clientele.

COVID-19 Impact on the Market

Artichokes, a specialty vegetable, saw fluctuations in demand due to changes in consumer spending and preferences during the pandemic. Reduced restaurant dining and event cancellations influenced the consumption of artichokes, impacting both local consumption and export markets.

Key Players in the Market

In the Thailand artichokes market, companies like Thai Aroy Dee Co., Ltd. contribute to the availability of artichokes, valued for their unique flavor and culinary versatility.

Key Highlights of the Report:

• Thailand Artichokes Market Outlook
• Market Size of Thailand Artichokes Market, 2023
• Forecast of Thailand Artichokes Market, 2030
• Historical Data and Forecast of Thailand Artichokes Revenues & Volume for the Period 2020-2030
• Thailand Artichokes Market Trend Evolution
• Thailand Artichokes Market Drivers and Challenges
• Thailand Artichokes Price Trends
• Thailand Artichokes Porter's Five Forces
• Thailand Artichokes Industry Life Cycle
• Historical Data and Forecast of Thailand Artichokes Market Revenues & Volume By Category for the Period 2020-2030
• Historical Data and Forecast of Thailand Artichokes Market Revenues & Volume By Organic for the Period 2020-2030
• Historical Data and Forecast of Thailand Artichokes Market Revenues & Volume By Conventional for the Period 2020-2030
• Historical Data and Forecast of Thailand Artichokes Market Revenues & Volume By Product Type for the Period 2020-2030
• Historical Data and Forecast of Thailand Artichokes Market Revenues & Volume By Globe Artichokes for the Period 2020-2030
• Historical Data and Forecast of Thailand Artichokes Market Revenues & Volume By Elongated Artichokes for the Period 2020-2030
• Historical Data and Forecast of Thailand Artichokes Market Revenues & Volume By End Use for the Period 2020-2030
• Historical Data and Forecast of Thailand Artichokes Market Revenues & Volume By Direct Consumption for the Period 2020-2030
• Historical Data and Forecast of Thailand Artichokes Market Revenues & Volume By Food Processing for the Period 2020-2030
• Historical Data and Forecast of Thailand Artichokes Market Revenues & Volume By Beverage Processing for the Period 2020-2030
• Historical Data and Forecast of Thailand Artichokes Market Revenues & Volume By Others for the Period 2020-2030
• Thailand Artichokes Import Export Trade Statistics
• Market Opportunity Assessment By Category
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By End Use
• Thailand Artichokes Top Companies Market Share
• Thailand Artichokes Competitive Benchmarking By Technical and Operational Parameters
• Thailand Artichokes Company Profiles
• Thailand Artichokes Key Strategic Recommendations