Product Code: ETC187417 | Publication Date: May 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Thailand Buttermilk Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 3.02% in 2025 and reaches 12.95% by 2029.
In the Asia region, the Buttermilk market in Thailand is projected to expand at a stable growth rate of 4.97% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Thailand buttermilk market was estimated at US$ 11 million in 2025 and is expected to grow at a CAGR of 4.6% over the forecast period. The significant growth can be attributed to factors such as increasing health consciousness among consumers coupled with high awareness about its nutritional value which further increases its demand amongst consumers across different age groups particularly young adults who prefer flavored drinks with low fat content over other beverages available in the market today. Furthermore, an increase in disposable income has enabled people to purchase premium quality butter milk due to its superior taste as compared other beverage options present in the market which helps drive up sales further during this period leading up till mid-2025 when things will begin normalizing again globally after being affected due severe Covid-19 pandemic.
The Thailand buttermilk market benefits from its versatility in both culinary and industrial applications. Buttermilk is used in a range of food products, including baked goods, dressings, and confectionery. Its ability to enhance flavor and texture in various recipes has driven its demand in the food processing industry.
The buttermilk market in Thailand faces several challenges that impact its growth and acceptance. One of the key challenges is consumer awareness and familiarity. Buttermilk is not as commonly consumed as regular milk in traditional Thai diets, leading to limited demand due to lack of awareness about its uses and benefits. Educating consumers about the nutritional value and culinary versatility of buttermilk is essential to overcome this challenge. Another challenge revolves around taste preferences. The tangy flavor of buttermilk can be unfamiliar to Thai consumers, who may have a preference for sweeter tastes. Adapting buttermilk-based products to align with local flavor preferences while retaining its inherent qualities is a delicate task.
Buttermilk`s versatile uses extend beyond baking, making it a potential cornerstone for diverse culinary applications. Entrepreneurs can explore partnerships with bakeries, confectioneries, and food manufacturers to provide quality buttermilk-based products.
As people spent more time at home, culinary experimentation gained momentum. This trend elevated the demand for specialty ingredients like buttermilk, often used in baking and cooking. Despite a surge in interest, intermittent supply chain disruptions impacted the consistent availability of buttermilk products.
In the Thailand buttermilk market, players like Dairy Plus Co., Ltd., and Thai Dairy Industry Co., Ltd., produce and distribute buttermilk products used in culinary applications.
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 Buttermilk Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Buttermilk Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Buttermilk Market - Industry Life Cycle |
3.4 Thailand Buttermilk Market - Porter's Five Forces |
3.5 Thailand Buttermilk Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Buttermilk Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.7 Thailand Buttermilk Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Thailand Buttermilk Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Buttermilk Market Trends |
6 Thailand Buttermilk Market, By Types |
6.1 Thailand Buttermilk Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Buttermilk Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Buttermilk Market Revenues & Volume, By Powder, 2021-2031F |
6.1.4 Thailand Buttermilk Market Revenues & Volume, By Liquid, 2021-2031F |
6.2 Thailand Buttermilk Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 Thailand Buttermilk Market Revenues & Volume, By Food & Beverage Industry, 2021-2031F |
6.2.3 Thailand Buttermilk Market Revenues & Volume, By Foodservice Industry, 2021-2031F |
6.2.4 Thailand Buttermilk Market Revenues & Volume, By Processed Food Industry, 2021-2031F |
6.3 Thailand Buttermilk Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Thailand Buttermilk Market Revenues & Volume, By Business to Business, 2021-2031F |
6.3.3 Thailand Buttermilk Market Revenues & Volume, By Business to Consumer, 2021-2031F |
7 Thailand Buttermilk Market Import-Export Trade Statistics |
7.1 Thailand Buttermilk Market Export to Major Countries |
7.2 Thailand Buttermilk Market Imports from Major Countries |
8 Thailand Buttermilk Market Key Performance Indicators |
9 Thailand Buttermilk Market - Opportunity Assessment |
9.1 Thailand Buttermilk Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Buttermilk Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.3 Thailand Buttermilk Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Thailand Buttermilk Market - Competitive Landscape |
10.1 Thailand Buttermilk Market Revenue Share, By Companies, 2024 |
10.2 Thailand Buttermilk Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |