Product Code: ETC176564 | Publication Date: Jan 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Chicory Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 0.60% in 2025 and reaches 2.30% by 2029.
Thailand's Chicory market is anticipated to experience a stable growth rate of 0.85% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The chicory root powder segment held the largest share in terms of revenue (41%) followed by chicory extract (32%), coffee substitutes (23%), salad greens (3%) etc., The total production volume recorded 87 thousand tonnes; out which around 36 thousand tonnes were produced only during 2017?2018 indicating positive trend towards higher production volumes over past few years due to increase demand from food processing industry since it offers several advantages including adding colour, flavour enhancer besides helping reduce fat contents. It is anticipated that growing preference for functional beverages will bolster overall sales revenues over forecast period leading manufacturers explore new product launches catering various consumer needs further pushing overall revenue estimates upwards.
The Thailand chicory market is influenced by growing consumer interest in alternative beverages and health-focused products. Chicory`s potential health benefits, including digestive support and prebiotic properties, drive its demand in the health and wellness sector.
The Thailand chicory market faces challenges in raising awareness and demand for chicory-based products, as consumer familiarity with this ingredient is relatively limited. Additionally, maintaining consistent quality and supply can be challenging due to factors like weather fluctuations and disease risks.
A market often overlooked, chicory holds potential. As demand for alternatives to traditional coffee and unique flavors rises, chicory-based products can find a foothold in the Thai market, catering to evolving tastes.
In the chicory market, supply chain disruptions affected the availability of chicory products, impacting both local consumption and export markets. Similarly, the fresh onions and shallots market faced challenges due to labor shortages and logistical constraints, affecting the production and distribution of these essential ingredients.
In the Thailand chicory market, companies like Thai Roong Ruang Group and Charoen Pokphand Foods Public Co., Ltd., are notable players involved in the cultivation and processing of chicory, commonly used as a coffee substitute and for its potential health benefits.
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 Chicory Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Chicory Market Revenues & Volume, 2020 & 2030F |
3.3 Thailand Chicory Market - Industry Life Cycle |
3.4 Thailand Chicory Market - Porter's Five Forces |
3.5 Thailand Chicory Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 Thailand Chicory Market Revenues & Volume Share, By Form, 2020 & 2030F |
3.7 Thailand Chicory Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.8 Thailand Chicory Market Revenues & Volume Share, By Plant-part, 2020 & 2030F |
4 Thailand Chicory Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Chicory Market Trends |
6 Thailand Chicory Market, By Types |
6.1 Thailand Chicory Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Chicory Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 Thailand Chicory Market Revenues & Volume, By Extracts, 2020-2030F |
6.1.4 Thailand Chicory Market Revenues & Volume, By Roasted, 2020-2030F |
6.1.5 Thailand Chicory Market Revenues & Volume, By Instant Powder, 2020-2030F |
6.1.6 Thailand Chicory Market Revenues & Volume, By Flour, 2020-2030F |
6.2 Thailand Chicory Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Thailand Chicory Market Revenues & Volume, By Powder, 2020-2030F |
6.2.3 Thailand Chicory Market Revenues & Volume, By Liquid, 2020-2030F |
6.2.4 Thailand Chicory Market Revenues & Volume, By Cubes, 2020-2030F |
6.2.5 Thailand Chicory Market Revenues & Volume, By Other forms, 2020-2030F |
6.3 Thailand Chicory Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Thailand Chicory Market Revenues & Volume, By Food & beverages, 2020-2030F |
6.3.3 Thailand Chicory Market Revenues & Volume, By Dietary supplements, 2020-2030F |
6.3.4 Thailand Chicory Market Revenues & Volume, By Feed & pet food, 2020-2030F |
6.3.5 Thailand Chicory Market Revenues & Volume, By Cosmetics & personal care, 2020-2030F |
6.4 Thailand Chicory Market, By Plant-part |
6.4.1 Overview and Analysis |
6.4.2 Thailand Chicory Market Revenues & Volume, By Root, 2020-2030F |
6.4.3 Thailand Chicory Market Revenues & Volume, By Leaf, 2020-2030F |
6.4.4 Thailand Chicory Market Revenues & Volume, By Other plant-parts, 2020-2030F |
7 Thailand Chicory Market Import-Export Trade Statistics |
7.1 Thailand Chicory Market Export to Major Countries |
7.2 Thailand Chicory Market Imports from Major Countries |
8 Thailand Chicory Market Key Performance Indicators |
9 Thailand Chicory Market - Opportunity Assessment |
9.1 Thailand Chicory Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 Thailand Chicory Market Opportunity Assessment, By Form, 2020 & 2030F |
9.3 Thailand Chicory Market Opportunity Assessment, By Application, 2020 & 2030F |
9.4 Thailand Chicory Market Opportunity Assessment, By Plant-part, 2020 & 2030F |
10 Thailand Chicory Market - Competitive Landscape |
10.1 Thailand Chicory Market Revenue Share, By Companies, 2023 |
10.2 Thailand Chicory Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |