Market Forecast By Product Type (Cakes and Pastries, Biscuits, Bread, Morning Goods, Other), By Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, Speciality Stores, Online Retailing, Other) And Competitive Landscape
| Product Code: ETC171464 | Publication Date: Jan 2022 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Thailand import trend for the bakery market showed a growth rate of 2.32% from 2023 to 2024, with a compound annual growth rate (CAGR) of 11.97% from 2020 to 2024. This increase could be attributed to a notable shift in consumer preferences towards premium bakery products, driving higher demand for imported goods in the market.

Thailand's Bakery market is anticipated to experience a stable growth rate of 3.58% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

According to 6Wresearch internal database and industry insights, the Thailand Bakery Market is projected to grow at a compound annual growth rate (CAGR) of 4.8% during the forecast period from 2026 to 2032.
Below mentioned are the evaluation of year-wise growth rate along with key drivers:
| Years | CAGR (%) | Growth Drivers |
| 2021 | 4% | Increasing demand for healthy and low-sugar bakery options. |
| 2022 | 4.2% | There is an increasing preference for convenience foods and on-the-go snacks among consumers. |
| 2023 | 4.3% | Artisanal and premium bakery products are gaining popularity as consumers look for unique and high-end baked goods. |
| 2024 | 4.4% | Innovations in bakery product formulations, including gluten-free options. |
| 2025 | 4.5% | Increased consumer interest in ethnic and fusion bakery products. |
The Thailand Bakery Market report thoroughly covers the market by product type and distribution channel, providing an unbiased and detailed analysis of ongoing market trends, opportunities, challenges, and market drivers, helping stakeholders align their strategies with current and future market dynamics.
| Report Name | Thailand Bakery Market |
| Forecast Period | 2026–2032 |
| CAGR | 4.8% |
| Growing Sector | Bakery |
The Thailand Bakery Market is expected to experience steady growth due to the increasing consumer preference for bakery products like bread, cakes, and pastries. The growing demand for convenient, ready-to-eat baked goods is being driven by busy lifestyles and urbanization. As consumer preferences evolve, there is a growing demand for healthier alternatives like whole-grain bread and gluten-free products. The online retail sector is expanding fast, driving higher sales and broader market access. Technological advancement in food newbies all across the globe; thereby helping them build quality products of international standards. However, the market faces obligations such as intense competition, fluctuating raw material costs, and uncertain demand for premium items.
Below mentioned are some prominent drivers and their impact on the market dynamics:
| Drivers | Primary Segments Affected | Why It Matters (Evidence) |
| Health-Conscious Consumer Shift | Cakes & Pastries, Bread, Morning Goods | The growing awareness about healthy eating habits is pushing demand for low-sugar, gluten-free, and functional bakery items. |
| Increasing Demand for Convenience | Biscuits, Morning Goods | Busy lifestyles are increasing demand for convenient, on-the-go bakery products such as snacks and sandwiches. |
| Popularity of Artisanal Products | Bread, Cakes & Pastries | Consumers are increasingly attracted to high-quality, handmade, and distinct bakery items, boosting the growth of artisanal products. |
| Ethnic and Fusion Product Growth | Other (Fusion Bakery Products) | The rise in multicultural influences is encouraging demand for ethnic and fusion bakery products that cater to diverse tastes. |
| Innovations in Product Offerings | Biscuits, Cakes & Pastries | Bakery producers are innovating with new ingredients, flavors, and formulations, providing more variety to consumers. |
Thailand Bakery Market size is expected to grow at a significant CAGR of 4.8% during the forecast period 2026-2032. Thailand Bakery growth is mainly driven by changing consumer behaviour towards health-conscious and convenient bakery products. Technological advancements in baking and e-commerce expansion play pivotal roles in providing wider access to bakery items. Increasing disposable incomes in urban areas and the increasing demand for premium bakery items further fuel the market's growth. The growing popularity of on-the-go snacks and convenience foods boosts the demand for fresh, packaged baked goods.
Below mentioned are some major restraints and their influence on the market dynamics:
| Restraints | Primary Segments Affected | What This Means (Evidence) |
| High Price Sensitivity | Cakes & Pastries, Bread | The premium pricing of some organic or health-focused products may limit access among price-sensitive consumers. |
| Regulatory Barriers | All Product Segments | The enforcement of strict food labeling and safety standards can raise operational costs for manufacturers. |
| Competition from Packaged Snacks | Biscuits, Morning Goods | The growing demand for pre-packaged snacks and convenience foods is competing with the market for traditional bakery products. |
| Labor Shortages in Baking Industry | Bread, Cakes & Pastries | A shortage of skilled labor in the bakery industry could cause production delays and higher operational expenses. |
| Shelf Life Limitations | Cakes & Pastries, Bread | Distribution of perishable bakery goods might be severely limited by their short shelf-lives, and this is sometimes a cost-incurring situation leading to wastage. |
The Thailand Bakery Industry faces two main challenges such as the raw material prices of wheat, sugar and dairy products remain high. The food safety and hygiene regulations that bakeries must follow, create operational difficulties for their businesses. Business operations require product development as companies face two main challenges which include their need to create new products and their need to adapt to changing market conditions and consumer preferences.
Here are some major trends changing the Thailand Bakery Market Growth dynamics:
The Thailand Bakery Market presents several investment opportunities, including:
Below is the list of prominent companies leading Thailand Bakery Market Share:
| Company Name | S&P Syndicate Public Company Limited |
|---|---|
| Established Year | 1973 |
| Headquarters | Bangkok, Thailand |
| Official Website | Click Here |
S&P Syndicate is a major bakery and food service company offering a wide range of bakery products including bread, cakes, pastries, and ready-to-eat items, with strong retail and wholesale presence.
| Company Name | The Bakery Group |
|---|---|
| Established Year | 1993 |
| Headquarters | Bangkok, Thailand |
| Official Website | - |
The Bakery Group is a leading bakery products provider known for diversified products including artisanal bread, pastries, and packaged goods supplied to retail, cafés, and food service sectors.
| Company Name | ABC Bakery |
|---|---|
| Established Year | 2002 |
| Headquarters | Bangkok, Thailand |
| Official Website | Click Here |
ABC Bakery has established a strong presence in the packaged bread and pastry market in Thailand, known for quality baked goods across supermarkets and retail outlets.
| Company Name | President Bakery Public Company Limited |
|---|---|
| Established Year | 1983 |
| Headquarters | Thailand |
| Official Website | - |
President Bakery is a leading bread and bakery manufacturer in Thailand, producing a wide range of bakery products for domestic consumption and retail distribution.
| Company Name | BreadTalk (Thailand) Co. Ltd. |
|---|---|
| Established Year | 2000 |
| Headquarters | Bangkok, Thailand |
| Official Website | Click Here |
BreadTalk is a popular bakery retail chain known for its innovative baked goods, pastries, and specialty bread, widely recognized across Thailand’s major retail locations.
According to Thai Government data, the Thai government implements rigorous food safety regulations to maintain proper quality and safety standards for all bakery items. The Food Act B.E. 2522(1979) mandates that all bakery products must meet established hygiene standards and requirements for nutritional content according to its regulations. The Ministry of Public Health controls all aspects of food labeling and packaging together with additives used in bakery items. The food industry implements food waste reduction programs which create direct environmental benefits for the bakery sector. The environmental sustainability regulations and waste disposal rules mandate that bakery manufacturers must switch to environmentally friendly packaging methods.
The Thailand Bakery Industry will keep developing through three factors, which include technological progress and customer preferences for healthier products and sustainable practices. Consumers will begin to prefer premium bakery products, which offer convenience, as their disposable income levels increase. The market will experience a new transformation through the increasing adoption of plant-based products, organic products and keto-friendly products. Digital platforms and AI technologies will enable businesses to provide customized products while reaching more customers.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ritika Kalra, Senior Research Analyst, 6Wresearch, bread dominates the market due to its widespread consumption across various demographics. Its versatility, convenience, and affordability make it a preferred choice, fuelling its strong market growth in Thailand.
The application of online retailing is rapidly growing as more consumers prefer the convenience of purchasing bakery products from their homes. E-commerce platforms offer an expanded range of products and enhanced accessibility, fuelling its strong demand and market expansion.
The report offers a comprehensive study of the subsequent market segments:
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 Thailand Bakery Market Overview |
| 3.1 Thailand Country Macro Economic Indicators |
| 3.2 Thailand Bakery Market Revenues & Volume, 2022 & 2032F |
| 3.3 Thailand Bakery Market - Industry Life Cycle |
| 3.4 Thailand Bakery Market - Porter's Five Forces |
| 3.5 Thailand Bakery Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
| 3.6 Thailand Bakery Market Revenues & Volume Share, By Distribution Channel, 2022 & 2032F |
| 4 Thailand Bakery Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5 Thailand Bakery Market Trends |
| 6 Thailand Bakery Market, By Types |
| 6.1 Thailand Bakery Market, By Product Type |
| 6.1.1 Overview and Analysis |
| 6.1.2 Thailand Bakery Market Revenues & Volume, By Product Type, 2022-2032F |
| 6.1.3 Thailand Bakery Market Revenues & Volume, By Cakes and Pastries, 2022-2032F |
| 6.1.4 Thailand Bakery Market Revenues & Volume, By Biscuits, 2022-2032F |
| 6.1.5 Thailand Bakery Market Revenues & Volume, By Bread, 2022-2032F |
| 6.1.6 Thailand Bakery Market Revenues & Volume, By Morning Goods, 2022-2032F |
| 6.1.7 Thailand Bakery Market Revenues & Volume, By Other, 2022-2032F |
| 6.2 Thailand Bakery Market, By Distribution Channel |
| 6.2.1 Overview and Analysis |
| 6.2.2 Thailand Bakery Market Revenues & Volume, By Hypermarkets/Supermarkets, 2022-2032F |
| 6.2.3 Thailand Bakery Market Revenues & Volume, By Convenience Stores, 2022-2032F |
| 6.2.4 Thailand Bakery Market Revenues & Volume, By Speciality Stores, 2022-2032F |
| 6.2.5 Thailand Bakery Market Revenues & Volume, By Online Retailing, 2022-2032F |
| 6.2.6 Thailand Bakery Market Revenues & Volume, By Other, 2022-2032F |
| 7 Thailand Bakery Market Import-Export Trade Statistics |
| 7.1 Thailand Bakery Market Export to Major Countries |
| 7.2 Thailand Bakery Market Imports from Major Countries |
| 8 Thailand Bakery Market Key Performance Indicators |
| 9 Thailand Bakery Market - Opportunity Assessment |
| 9.1 Thailand Bakery Market Opportunity Assessment, By Product Type, 2022 & 2032F |
| 9.2 Thailand Bakery Market Opportunity Assessment, By Distribution Channel, 2022 & 2032F |
| 10 Thailand Bakery Market - Competitive Landscape |
| 10.1 Thailand Bakery Market Revenue Share, By Companies, 2025 |
| 10.2 Thailand Bakery Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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