Market Forecast By Product Type (Butter , Cheese, Milk, Cream, Yoghurt, Buttermilk, Ice Cream , Lactose-Free Dairy Products), By Distribution Channel (Supermarkets & Hypermarkets, Convenience Store, Online) And Competitive Landscape
Product Code: ETC017985 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Thailand Dairy Products Market |
Forecast period | 2025-2029 |
CAGR | 14.62% |
Growing Sector | Milk, Yoghurt, and Cheese |
The Thailand Dairy Products Market report thoroughly covers the market by product type and distribution channel. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.
Thailand Dairy Products Market growth has been proliferating due to the rising consumer preference for nutritious food and a rise in the health awareness among urban populations across the country. There are certain factors boosting the growth of the market include increasing discretionary incomes and expanding modern retail infrastructure. The popularity of value-added dairy products is gaining traction in the market. In addition, government-backed initiatives to promote dairy farming and innovation in lactose-free and fortified dairy products are further boosting the industry.
Thailand Dairy Products Market is projected to grow significantly, growing at a CAGR of 14.62% during the forecast period 2025-2029. The rising demand for protein-rich diets, coupled with lifestyle shifts toward convenient ready-to-consume dairy products is acting as a catalyst for the market expansion. Also, the increasing presence of international dairy brands in the country is another major growth driver. Moreover, revenue opportunities for the investors have been increasing with the rising shift toward premium and organic dairy items. Furthermore, a rise in the investments by local and multinational companies in processing facilities and cold-chain infrastructure that improve product quality and distribution efficiency across the country.
Despite the positive outlook, the market expansion faces hurdles such as high dependence on imported raw materials, fluctuating milk prices, and limited farmer access to advanced dairy technologies. Additionally, competition from plant-based dairy alternatives is impacting the revenue share of traditional dairy products. Concerns over product adulteration and consumer skepticism toward quality certification also pose challenges. Furthermore, logistics inefficiencies in rural regions increase distribution costs.
There are some major ongoing trends leaving a positive impact on the Thailand Dairy Products Market growth. Such as, an increase in the demand for lactose-free and probiotic yoghurt and the rising functional dairy beverages. Innovations in flavored dairy products targeting younger consumers is another trend of the market. Premiumization is gaining traction with the introduction of artisanal cheese and organic milk. There is a rising adoption of eco-friendly packaging and digital retail distribution channels, including E-commerce platforms and subscription-based delivery models for milk and yoghurt are emerging as popular consumer choices.
There are several factors involved that offer attractive investment opportunities in the Thailand Dairy Products Industry. These opportunities are development of advanced cold-chain logistics and the expansion of regional dairy processing units. Tapping into niche categories such as lactose-free, plant-based, and fortified dairy products creates an attractive opportunity for the investors to generate significant revenue. Furthermore, the rising partnerships with supermarkets and hypermarkets provide additional scope for growth, while startups have been focusing more on flavored dairy beverages and probiotic-rich items are attracting strong venture capital interest.
Thailand Dairy Products Market is dominated by established players focusing on product innovation, aggressive retail expansion, and consumer engagement strategies. Leading companies include Dutch Mill Group, CP-Meiji, Foremost Thailand, and Thai-Denmark Dairy. Regional cooperatives and global brands like Fonterra and Nestlé are also strengthening their presence by launching new dairy ranges catering to both mass and premium consumers.
According to Thai government data, several policies are implemented to strengthen the dairy industry. For instance, the Department of Livestock Development enforces strict quality standards for milk and dairy processing. Thailand’s “School Milk Program” supports domestic dairy demand while promoting child nutrition. Additionally, food labeling regulations under the Thai FDA ensure transparency in nutritional information for yoghurt, milk, and cheese products sold online and offline.
Thailand Dairy Products Market growth is likely to boost in the coming years with the rising consumers shift toward healthier, premium, and functional dairy products. Additionally, the rising adoption of digital distribution, smart packaging, and blockchain-based supply chain systems will enhance consumer trust. The demand for probiotic-rich products, fortified milk for elderly nutrition, and sustainable dairy farming practices has been gaining momentum, which will work as a prominent trend and boost the market growth. With supportive government policies and growing investments, dairy products will penetrate deeper into both urban and semi-urban markets in Thailand.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Mansi Ahuja, Senior Research Analyst at 6Wresearch, milk dominates the Thailand Dairy Products Market as it is a staple product consumed daily across households. Rising demand for pasteurized and UHT milk has fueled growth due to its longer shelf life and safety assurance.
Supermarkets & Hypermarkets dominate the Thailand Dairy Products Market due to their extensive product availability, promotional discounts, and advanced cold-storage facilities. These outlets provide consumers with access to both local and imported dairy brands.
The market report provides a detailed analysis of the following 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 Dairy products Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Dairy products Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Dairy products Market - Industry Life Cycle |
3.4 Thailand Dairy products Market - Porter's Five Forces |
3.5 Thailand Dairy products Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Dairy products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Thailand Dairy products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Dairy products Market Trends |
6 Thailand Dairy products Market, By Types |
6.1 Thailand Dairy products Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Dairy products Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Thailand Dairy products Market Revenues & Volume, By Butter , 2021-2031F |
6.1.4 Thailand Dairy products Market Revenues & Volume, By Cheese, 2021-2031F |
6.1.5 Thailand Dairy products Market Revenues & Volume, By Milk, 2021-2031F |
6.1.6 Thailand Dairy products Market Revenues & Volume, By Cream, 2021-2031F |
6.1.7 Thailand Dairy products Market Revenues & Volume, By Yoghurt, 2021-2031F |
6.1.8 Thailand Dairy products Market Revenues & Volume, By Buttermilk, 2021-2031F |
6.1.9 Thailand Dairy products Market Revenues & Volume, By Lactose-Free Dairy Products, 2021-2031F |
6.1.10 Thailand Dairy products Market Revenues & Volume, By Lactose-Free Dairy Products, 2021-2031F |
6.2 Thailand Dairy products Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Thailand Dairy products Market Revenues & Volume, By Supermarkets & Hypermarkets, 2021-2031F |
6.2.3 Thailand Dairy products Market Revenues & Volume, By Convenience Store, 2021-2031F |
6.2.4 Thailand Dairy products Market Revenues & Volume, By Online, 2021-2031F |
7 Thailand Dairy products Market Import-Export Trade Statistics |
7.1 Thailand Dairy products Market Export to Major Countries |
7.2 Thailand Dairy products Market Imports from Major Countries |
8 Thailand Dairy products Market Key Performance Indicators |
9 Thailand Dairy products Market - Opportunity Assessment |
9.1 Thailand Dairy products Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Dairy products Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Thailand Dairy products Market - Competitive Landscape |
10.1 Thailand Dairy products Market Revenue Share, By Companies, 2024 |
10.2 Thailand Dairy products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |