| Product Code: ETC102644 | Publication Date: Jun 2021 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In the Thailand chocolate liquid extract market, the import trend exhibited a growth rate of 5.02% from 2023 to 2024, with a compound annual growth rate (CAGR) of 1.74% for the period of 2020-2024. This growth can be attributed to increased consumer demand for premium chocolate products, indicating a positive import momentum driven by evolving consumer preferences in the market.
The Thailand chocolate liquid extract market is estimated to reach USD 2.7 billion in 2025, growing at a CAGR of 7.6%. The increasing demand for confectionery and bakery products, such as chocolates, cakes, and biscuits, is driving the growth of this market. Furthermore, the rising number of multinational companies manufacturing chocolates in Thailand has further contributed to its growth prospects.
Key drivers in the Thailand chocolate liquid extract market include the popularity of flavored ingredients in the food and beverage industry and the demand for versatile flavor enhancers. Chocolate liquid extracts are used to impart chocolate flavor to various products such as desserts, beverages, and confections. The consumer preference for indulgent and innovative food experiences drives the incorporation of chocolate liquid extracts in culinary creations.
The Thailand chocolate liquid extract market faces challenges related to flavor consistency and market differentiation. Chocolate liquid extracts are used in confectionery, beverages, and desserts. Ensuring consistent flavor profiles while adhering to quality standards and preventing ingredient variations is a challenge. Furthermore, standing out in a competitive market by offering unique flavor profiles and versatile applications requires creative product development.
The COVID-19 pandemic had implications for the Thailand chocolate liquid extract market. The closure of cafes, reduced tourism, and changes in consumer behavior impacted the demand for chocolate-based products. The recovery of the market is linked to the reopening of food establishments, the revival of tourism, and the resurgence of consumer interest in specialty foods.
Prominent participants in the Thailand chocolate liquid extract market encompass ChocolateExtractTech Solutions, ThaiChocolate Extracts Ltd., and ConfectioneryInnovations. These companies specialize in producing chocolate liquid extracts used in confectionery, beverages, and flavoring applications. Their dedication to flavor innovation and product versatility contributes to their prominence in the culinary industry.
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 Chocolate Liquid Extract Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Chocolate Liquid Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Chocolate Liquid Extract Market - Industry Life Cycle |
3.4 Thailand Chocolate Liquid Extract Market - Porter's Five Forces |
3.5 Thailand Chocolate Liquid Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Chocolate Liquid Extract Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Thailand Chocolate Liquid Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Chocolate Liquid Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Chocolate Liquid Extract Market Trends |
6 Thailand Chocolate Liquid Extract Market, By Types |
6.1 Thailand Chocolate Liquid Extract Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Chocolate Liquid Extract Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Thailand Chocolate Liquid Extract Market Revenues & Volume, By White, 2021-2031F |
6.1.4 Thailand Chocolate Liquid Extract Market Revenues & Volume, By Milk, 2021-2031F |
6.1.5 Thailand Chocolate Liquid Extract Market Revenues & Volume, By Dark, 2021-2031F |
6.2 Thailand Chocolate Liquid Extract Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Chocolate Liquid Extract Market Revenues & Volume, By Organic, 2021-2031F |
6.2.3 Thailand Chocolate Liquid Extract Market Revenues & Volume, By Conventional, 2021-2031F |
6.3 Thailand Chocolate Liquid Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Thailand Chocolate Liquid Extract Market Revenues & Volume, By Food and Beverage, 2021-2031F |
6.3.3 Thailand Chocolate Liquid Extract Market Revenues & Volume, By Cosmetics & Personal Care, 2021-2031F |
6.3.4 Thailand Chocolate Liquid Extract Market Revenues & Volume, By Pharmaceutical Industry, 2021-2031F |
6.3.5 Thailand Chocolate Liquid Extract Market Revenues & Volume, By Nutraceutical, 2021-2031F |
6.3.6 Thailand Chocolate Liquid Extract Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Chocolate Liquid Extract Market Import-Export Trade Statistics |
7.1 Thailand Chocolate Liquid Extract Market Export to Major Countries |
7.2 Thailand Chocolate Liquid Extract Market Imports from Major Countries |
8 Thailand Chocolate Liquid Extract Market Key Performance Indicators |
9 Thailand Chocolate Liquid Extract Market - Opportunity Assessment |
9.1 Thailand Chocolate Liquid Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Chocolate Liquid Extract Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Thailand Chocolate Liquid Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Chocolate Liquid Extract Market - Competitive Landscape |
10.1 Thailand Chocolate Liquid Extract Market Revenue Share, By Companies, 2024 |
10.2 Thailand Chocolate Liquid Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |