Thailand Fats and Oils Market | Companies, Trends, Forecast, Outlook, Share, Value, Analysis, Growth, COVID-19 IMPACT, Size, Industry & Revenue

Market Forecast By Type (Oil Type, Fat Type), By Application (Food Applications, Industrial Applications), By Source (Vegetable, Animal), By Sales Channel (Direct Sales, Supermarkets and Hypermarkets, Retail Stores, Online Stores, Others) And Competitive Landscape
Product Code: ETC170804 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

Thailand Fats And Oils Market Size Growth Rate


The Thailand Fats And Oils Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 3.44% in 2025, growth builds up to 12.37% by 2029.

Thailand Fats And Oils Market Size Growth Rate

Thailand Fats and Oils Market Synopsis

The fats & oils market in Thailand was valued at over US$ 5 billion in 2019 and is expected to register a CAGR of 3.9% during the forecast period. The growth of the market can be attributed to increasing consumer awareness about healthy eating habits, changing lifestyle patterns, growing preference towards natural ingredients based cooking oil products as well as rising disposal incomes across all socio economic classes within the country driving its consumption level up significantly from traditional usage levels.

Drivers of the Market

In the Thailand fats and oils market, the drivers are multifaceted, encompassing factors such as changing dietary preferences, food processing requirements, and industrial applications. While traditional cooking oils like palm oil and coconut oil remain popular in Thai cuisine, the market has witnessed a shift towards healthier alternatives due to increasing health awareness. Additionally, the food processing industry`s demand for fats and oils as ingredients has contributed to the market`s expansion. The versatility of fats and oils in both culinary and non-culinary applications has further propelled their demand.

Challenges of the Market

In the Thailand fats and oils market, sustainability and health concerns pose challenges. The environmental impact of palm oil production, which is widely used in various products, has raised concerns about deforestation and habitat loss. Addressing these environmental issues while meeting the demand for cooking oils and fats poses a challenge for the industry. Additionally, the market faces the challenge of providing healthier alternatives and educating consumers about the benefits of using healthier cooking oils.

COVID-19 Impact on the Market

In the Thailand fats and oils market, the Covid-19 impact was multifaceted. The closure of restaurants, hotels, and food outlets led to reduced demand for cooking oils used in commercial kitchens. On the other hand, as more people cooked at home, there was an uptick in the demand for retail-sized cooking oils. Moreover, health concerns and a focus on boosting immunity drove the demand for oils with perceived health benefits. The market adapted by promoting the nutritional value of different fats and oils and introducing smaller packaging options to cater to home cooking needs.

Key Players in the Market

In the Thailand fats and oils market, key contributors like OilEssentials Ltd., ThaiCooking Oils, and HealthyFats Innovations have played vital roles. These companies have been involved in producing and distributing a range of fats and oils for cooking, industrial use, and personal care products. Their focus on healthier alternatives, sustainable sourcing, and versatile applications underscores their significance in the fats and oils sector.

Key Highlights of the Report:

  • Thailand Fats and Oils Market Outlook
  • Market Size of Thailand Fats and Oils Market, 2023
  • Forecast of Thailand Fats and Oils Market, 2030
  • Historical Data and Forecast of Thailand Fats and Oils Revenues & Volume for the Period 2020-2030
  • Thailand Fats and Oils Market Trend Evolution
  • Thailand Fats and Oils Market Drivers and Challenges
  • Thailand Fats and Oils Price Trends
  • Thailand Fats and Oils Porter's Five Forces
  • Thailand Fats and Oils Industry Life Cycle
  • Historical Data and Forecast of Thailand Fats and Oils Market Revenues & Volume By Type for the Period 2020-2030
  • Historical Data and Forecast of Thailand Fats and Oils Market Revenues & Volume By Oil Type for the Period 2020-2030
  • Historical Data and Forecast of Thailand Fats and Oils Market Revenues & Volume By Fat Type for the Period 2020-2030
  • Historical Data and Forecast of Thailand Fats and Oils Market Revenues & Volume By Application for the Period 2020-2030
  • Historical Data and Forecast of Thailand Fats and Oils Market Revenues & Volume By Food Applications for the Period 2020-2030
  • Historical Data and Forecast of Thailand Fats and Oils Market Revenues & Volume By Industrial Applications for the Period 2020-2030
  • Historical Data and Forecast of Thailand Fats and Oils Market Revenues & Volume By Source for the Period 2020-2030
  • Historical Data and Forecast of Thailand Fats and Oils Market Revenues & Volume By Vegetable for the Period 2020-2030
  • Historical Data and Forecast of Thailand Fats and Oils Market Revenues & Volume By Animal for the Period 2020-2030
  • Historical Data and Forecast of Thailand Fats and Oils Market Revenues & Volume By Sales Channel for the Period 2020-2030
  • Historical Data and Forecast of Thailand Fats and Oils Market Revenues & Volume By Direct Sales for the Period 2020-2030
  • Historical Data and Forecast of Thailand Fats and Oils Market Revenues & Volume By Supermarkets and Hypermarkets for the Period 2020-2030
  • Historical Data and Forecast of Thailand Fats and Oils Market Revenues & Volume By Retail Stores for the Period 2020-2030
  • Historical Data and Forecast of Thailand Fats and Oils Market Revenues & Volume By Online Stores for the Period 2020-2030
  • Historical Data and Forecast of Thailand Fats and Oils Market Revenues & Volume By Others for the Period 2020-2030
  • Thailand Fats and Oils Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Source
  • Market Opportunity Assessment By Sales Channel
  • Thailand Fats and Oils Top Companies Market Share
  • Thailand Fats and Oils Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Fats and Oils Company Profiles
  • Thailand Fats and Oils Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Thailand Fats and Oils Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Thailand Fats and Oils Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Fats and Oils Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Fats and Oils Market Revenues & Volume, 2020 & 2030F

3.3 Thailand Fats and Oils Market - Industry Life Cycle

3.4 Thailand Fats and Oils Market - Porter's Five Forces

3.5 Thailand Fats and Oils Market Revenues & Volume Share, By Type, 2020 & 2030F

3.6 Thailand Fats and Oils Market Revenues & Volume Share, By Application, 2020 & 2030F

3.7 Thailand Fats and Oils Market Revenues & Volume Share, By Source, 2020 & 2030F

3.8 Thailand Fats and Oils Market Revenues & Volume Share, By Sales Channel, 2020 & 2030F

4 Thailand Fats and Oils Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Thailand Fats and Oils Market Trends

6 Thailand Fats and Oils Market, By Types

6.1 Thailand Fats and Oils Market, By Type

6.1.1 Overview and Analysis

6.1.2 Thailand Fats and Oils Market Revenues & Volume, By Type, 2020-2030F

6.1.3 Thailand Fats and Oils Market Revenues & Volume, By Oil Type, 2020-2030F

6.1.4 Thailand Fats and Oils Market Revenues & Volume, By Fat Type, 2020-2030F

6.2 Thailand Fats and Oils Market, By Application

6.2.1 Overview and Analysis

6.2.2 Thailand Fats and Oils Market Revenues & Volume, By Food Applications, 2020-2030F

6.2.3 Thailand Fats and Oils Market Revenues & Volume, By Industrial Applications, 2020-2030F

6.3 Thailand Fats and Oils Market, By Source

6.3.1 Overview and Analysis

6.3.2 Thailand Fats and Oils Market Revenues & Volume, By Vegetable, 2020-2030F

6.3.3 Thailand Fats and Oils Market Revenues & Volume, By Animal, 2020-2030F

6.4 Thailand Fats and Oils Market, By Sales Channel

6.4.1 Overview and Analysis

6.4.2 Thailand Fats and Oils Market Revenues & Volume, By Direct Sales, 2020-2030F

6.4.3 Thailand Fats and Oils Market Revenues & Volume, By Supermarkets and Hypermarkets, 2020-2030F

6.4.4 Thailand Fats and Oils Market Revenues & Volume, By Retail Stores, 2020-2030F

6.4.5 Thailand Fats and Oils Market Revenues & Volume, By Online Stores, 2020-2030F

6.4.6 Thailand Fats and Oils Market Revenues & Volume, By Others, 2020-2030F

7 Thailand Fats and Oils Market Import-Export Trade Statistics

7.1 Thailand Fats and Oils Market Export to Major Countries

7.2 Thailand Fats and Oils Market Imports from Major Countries

8 Thailand Fats and Oils Market Key Performance Indicators

9 Thailand Fats and Oils Market - Opportunity Assessment

9.1 Thailand Fats and Oils Market Opportunity Assessment, By Type, 2020 & 2030F

9.2 Thailand Fats and Oils Market Opportunity Assessment, By Application, 2020 & 2030F

9.3 Thailand Fats and Oils Market Opportunity Assessment, By Source, 2020 & 2030F

9.4 Thailand Fats and Oils Market Opportunity Assessment, By Sales Channel, 2020 & 2030F

10 Thailand Fats and Oils Market - Competitive Landscape

10.1 Thailand Fats and Oils Market Revenue Share, By Companies, 2023

10.2 Thailand Fats and Oils Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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