Product Code: ETC126697 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Cocoa Powder Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 4.00% in 2025 and reaches 13.83% by 2029.
By 2027, Thailand's Cocoa Powder market is forecasted to achieve a growing growth rate of 5.56%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The cocoa powder market in Thailand has experienced steady growth in recent years. Cocoa powder is a key ingredient in various food and beverage products, including chocolates, baked goods, and beverages. The market`s expansion is driven by the increasing popularity of chocolate-based products among consumers and the growing demand for premium and artisanal chocolates. Additionally, the rising trend of health-conscious consumers seeking cocoa powder for its antioxidant properties and potential health benefits has further contributed to the market`s growth in Thailand.
Several factors drive the growth of the cocoa powder market in Thailand. Firstly, the thriving confectionery industry in the country has led to a higher demand for cocoa powder as a primary ingredient in chocolates and other sweets. Secondly, the foodservice sector`s growth, including cafes, bakeries, and restaurants, has boosted the market as they use cocoa powder in various dessert and beverage offerings. Moreover, the increasing popularity of cocoa-based beverages, such as hot chocolate and cocoa-infused coffee, has contributed to the market`s expansion.
Despite its growth, the Thailand cocoa powder market faces certain challenges. One of the primary challenges is the price volatility of cocoa beans, the raw material used to produce cocoa powder. Fluctuations in cocoa bean prices can impact the production cost and pricing of cocoa powder products. Additionally, ensuring a consistent supply of high-quality cocoa beans and maintaining product quality throughout the supply chain are vital challenges for manufacturers and suppliers.
The Covid-19 pandemic had a mixed impact on the cocoa powder market in Thailand. During the initial stages of the pandemic, there was a surge in demand for comfort foods and chocolates as consumers sought solace and indulgence during challenging times. This trend positively impacted the market, especially in the retail segment. However, disruptions in the supply chain and logistics during lockdowns may have temporarily affected the market dynamics.
Thailand Cocoa Powder |
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 Cocoa Powder Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Cocoa Powder Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Cocoa Powder Market - Industry Life Cycle |
3.4 Thailand Cocoa Powder Market - Porter's Five Forces |
3.5 Thailand Cocoa Powder Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Cocoa Powder Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
3.7 Thailand Cocoa Powder Market Revenues & Volume Share, By Cocoa Variety, 2021 & 2031F |
3.8 Thailand Cocoa Powder Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Thailand Cocoa Powder Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Cocoa Powder Market Trends |
6 Thailand Cocoa Powder Market, By Types |
6.1 Thailand Cocoa Powder Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Cocoa Powder Market Revenues & Volume, By Product Type, 2018 - 2031F |
6.1.3 Thailand Cocoa Powder Market Revenues & Volume, By Black Cocoa, 2018 - 2031F |
6.1.4 Thailand Cocoa Powder Market Revenues & Volume, By Double-Dutch Cocoa Blend, 2018 - 2031F |
6.1.5 Thailand Cocoa Powder Market Revenues & Volume, By Triple Cocoa Blend, 2018 - 2031F |
6.1.6 Thailand Cocoa Powder Market Revenues & Volume, By Bensdorp Dutch-Process Cocoa, 2018 - 2031F |
6.1.7 Thailand Cocoa Powder Market Revenues & Volume, By Cocoa Rouge, 2018 - 2031F |
6.1.8 Thailand Cocoa Powder Market Revenues & Volume, By Natural Cocoa, 2018 - 2031F |
6.2 Thailand Cocoa Powder Market, By End-Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Thailand Cocoa Powder Market Revenues & Volume, By Chocolate & Confectionery, 2018 - 2031F |
6.2.3 Thailand Cocoa Powder Market Revenues & Volume, By Beverages, 2018 - 2031F |
6.2.4 Thailand Cocoa Powder Market Revenues & Volume, By Bakery, 2018 - 2031F |
6.2.5 Thailand Cocoa Powder Market Revenues & Volume, By Functional Food, 2018 - 2031F |
6.2.6 Thailand Cocoa Powder Market Revenues & Volume, By Cosmetics, 2018 - 2031F |
6.2.7 Thailand Cocoa Powder Market Revenues & Volume, By Pharmaceuticals, 2018 - 2031F |
6.3 Thailand Cocoa Powder Market, By Cocoa Variety |
6.3.1 Overview and Analysis |
6.3.2 Thailand Cocoa Powder Market Revenues & Volume, By Forastero, 2018 - 2031F |
6.3.3 Thailand Cocoa Powder Market Revenues & Volume, By Criollo, 2018 - 2031F |
6.3.4 Thailand Cocoa Powder Market Revenues & Volume, By Trinitario, 2018 - 2031F |
6.3.5 Thailand Cocoa Powder Market Revenues & Volume, By Other Cocoa Varieties, 2018 - 2031F |
6.4 Thailand Cocoa Powder Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Thailand Cocoa Powder Market Revenues & Volume, By Modern Trade, 2018 - 2031F |
6.4.3 Thailand Cocoa Powder Market Revenues & Volume, By Speciality Stores, 2018 - 2031F |
6.4.4 Thailand Cocoa Powder Market Revenues & Volume, By Convenience Stores, 2018 - 2031F |
6.4.5 Thailand Cocoa Powder Market Revenues & Volume, By Traditional Grocery Stores, 2018 - 2031F |
6.4.6 Thailand Cocoa Powder Market Revenues & Volume, By Online store, 2018 - 2031F |
6.4.7 Thailand Cocoa Powder Market Revenues & Volume, By Other Distribution Channels, 2018 - 2031F |
7 Thailand Cocoa Powder Market Import-Export Trade Statistics |
7.1 Thailand Cocoa Powder Market Export to Major Countries |
7.2 Thailand Cocoa Powder Market Imports from Major Countries |
8 Thailand Cocoa Powder Market Key Performance Indicators |
9 Thailand Cocoa Powder Market - Opportunity Assessment |
9.1 Thailand Cocoa Powder Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Cocoa Powder Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
9.3 Thailand Cocoa Powder Market Opportunity Assessment, By Cocoa Variety, 2021 & 2031F |
9.4 Thailand Cocoa Powder Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Thailand Cocoa Powder Market - Competitive Landscape |
10.1 Thailand Cocoa Powder Market Revenue Share, By Companies, 2024 |
10.2 Thailand Cocoa Powder Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |