Thailand Feed Plant-based Protein Market (2025-2031) Outlook | Size, Analysis, Forecast, Growth, Revenue, Industry, Trends, Value, Share & Companies

Market Forecast By Source (Soy, Wheat, Pea, Sunflower), By Livestock (Pets, Swine, Ruminants, Poultry, Aquatic Animals), By Type (Concentrates, Isolates) And Competitive Landscape
Product Code: ETC4595246 Publication Date: Jul 2023 Updated Date: Nov 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

Thailand Feed Plant-based Protein Market: Import Trend Analysis

Thailand import momentum for plant-based protein in the feed industry saw significant growth from 2023 to 2024, with a 22.6% increase. The compound annual growth rate (CAGR) for 2020-2024 stood at 27.01%. This surge in imports could be attributed to a shifting demand towards sustainable and plant-based feed options, reflecting evolving consumer preferences and environmental concerns in the market.

Thailand Feed Plant-based Protein Market Synopsis

With the increasing demand for sustainable and plant-based alternatives, the Feed Plant-based Protein Market is contributing to more environmentally friendly animal feed options in Thailand.

Drivers of the Market

The Thailand Feed Plant-based Protein market is experiencing significant growth, driven by the increasing awareness of sustainable protein sources and the need to reduce reliance on traditional protein ingredients in animal feed. Plant-based proteins, derived from sources such as soybeans, peas, and canola, play a crucial role in providing alternative and environmentally friendly protein options for livestock and poultry. As Thailand animal feed industry seeks to address challenges related to protein sustainability, the demand for plant-based protein ingredients is on the rise. The market growth is further propelled by advancements in protein extraction technologies, the emphasis on sustainable feed formulations, and efforts to minimize the environmental impact of animal agriculture.

Challenges of the Market

The feed plant-based protein market in Thailand encounters challenges that impact its role in providing sustainable and alternative protein sources for animal feed. One significant challenge is the scalability and cost-effectiveness of plant-based protein production, especially as demand continues to rise. Overcoming this challenge requires investments in technology, research, and infrastructure to enhance the efficiency of plant-based protein production. Additionally, addressing concerns about the nutritional adequacy of plant-based proteins for different animal species poses a technical challenge that requires continuous innovation and formulation adjustments. Collaborative efforts between feed manufacturers, agricultural researchers, and policy-makers are essential to overcome these challenges and establish plant-based proteins as a viable and sustainable component of animal feed in Thailand.

COVID-19 Impact on the Market

The Thailand Feed Plant-based Protein Market has experienced disruptions due to the COVID-19 pandemic, affecting the production and availability of plant-based protein sources for animal feed. The market is anticipated to recover as the demand for sustainable and alternative protein options in livestock diets continues to grow.

Key Players in the Market

In the Thailand Feed Plant-based Protein Market, key players such as Cargill, Archer Daniels Midland Company (ADM), and Bunge Limited are playing crucial roles. Cargill, a major contributor, is actively involved in providing plant-based protein solutions for animal feed, addressing the increasing demand for sustainable protein sources. Their focus on innovation and sustainability positions Cargill as a key player in shaping the landscape of plant-based protein in animal feed in Thailand.

Key Highlights of the Report:

  • Thailand Feed Plant-based Protein Market Outlook
  • Market Size of Thailand Feed Plant-based Protein Market, 2024
  • Forecast of Thailand Feed Plant-based Protein Market, 2031
  • Historical Data and Forecast of Thailand Feed Plant-based Protein Revenues & Volume for the Period 2021-2031
  • Thailand Feed Plant-based Protein Market Trend Evolution
  • Thailand Feed Plant-based Protein Market Drivers and Challenges
  • Thailand Feed Plant-based Protein Price Trends
  • Thailand Feed Plant-based Protein Porter's Five Forces
  • Thailand Feed Plant-based Protein Industry Life Cycle
  • Historical Data and Forecast of Thailand Feed Plant-based Protein Market Revenues & Volume By Source for the Period 2021-2031
  • Historical Data and Forecast of Thailand Feed Plant-based Protein Market Revenues & Volume By Soy for the Period 2021-2031
  • Historical Data and Forecast of Thailand Feed Plant-based Protein Market Revenues & Volume By Wheat for the Period 2021-2031
  • Historical Data and Forecast of Thailand Feed Plant-based Protein Market Revenues & Volume By Pea for the Period 2021-2031
  • Historical Data and Forecast of Thailand Feed Plant-based Protein Market Revenues & Volume By Sunflower for the Period 2021-2031
  • Historical Data and Forecast of Thailand Feed Plant-based Protein Market Revenues & Volume By Livestock for the Period 2021-2031
  • Historical Data and Forecast of Thailand Feed Plant-based Protein Market Revenues & Volume By Pets for the Period 2021-2031
  • Historical Data and Forecast of Thailand Feed Plant-based Protein Market Revenues & Volume By Swine for the Period 2021-2031
  • Historical Data and Forecast of Thailand Feed Plant-based Protein Market Revenues & Volume By Ruminants for the Period 2021-2031
  • Historical Data and Forecast of Thailand Feed Plant-based Protein Market Revenues & Volume By Poultry for the Period 2021-2031
  • Historical Data and Forecast of Thailand Feed Plant-based Protein Market Revenues & Volume By Aquatic Animals for the Period 2021-2031
  • Historical Data and Forecast of Thailand Feed Plant-based Protein Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Thailand Feed Plant-based Protein Market Revenues & Volume By Concentrates for the Period 2021-2031
  • Historical Data and Forecast of Thailand Feed Plant-based Protein Market Revenues & Volume By Isolates for the Period 2021-2031
  • Thailand Feed Plant-based Protein Import Export Trade Statistics
  • Market Opportunity Assessment By Source
  • Market Opportunity Assessment By Livestock
  • Market Opportunity Assessment By Type
  • Thailand Feed Plant-based Protein Top Companies Market Share
  • Thailand Feed Plant-based Protein Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Feed Plant-based Protein Company Profiles
  • Thailand Feed Plant-based Protein Key Strategic Recommendations

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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 Feed Plant-based Protein Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Feed Plant-based Protein Market Revenues & Volume, 2021 & 2031F

3.3 Thailand Feed Plant-based Protein Market - Industry Life Cycle

3.4 Thailand Feed Plant-based Protein Market - Porter's Five Forces

3.5 Thailand Feed Plant-based Protein Market Revenues & Volume Share, By Source, 2021 & 2031F

3.6 Thailand Feed Plant-based Protein Market Revenues & Volume Share, By Livestock, 2021 & 2031F

3.7 Thailand Feed Plant-based Protein Market Revenues & Volume Share, By Type, 2021 & 2031F

4 Thailand Feed Plant-based Protein Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing consumer awareness towards health and sustainability

4.2.2 Growing demand for plant-based protein products as an alternative to meat

4.2.3 Government initiatives and regulations promoting plant-based diets

4.3 Market Restraints

4.3.1 High production costs associated with plant-based protein production

4.3.2 Limited availability of raw materials for plant-based protein production

4.3.3 Lack of consumer acceptance and taste preferences towards plant-based products

5 Thailand Feed Plant-based Protein Market Trends

6 Thailand Feed Plant-based Protein Market, By Types

6.1 Thailand Feed Plant-based Protein Market, By Source

6.1.1 Overview and Analysis

6.1.2 Thailand Feed Plant-based Protein Market Revenues & Volume, By Source, 2021-2031F

6.1.3 Thailand Feed Plant-based Protein Market Revenues & Volume, By Soy, 2021-2031F

6.1.4 Thailand Feed Plant-based Protein Market Revenues & Volume, By Wheat, 2021-2031F

6.1.5 Thailand Feed Plant-based Protein Market Revenues & Volume, By Pea, 2021-2031F

6.1.6 Thailand Feed Plant-based Protein Market Revenues & Volume, By Sunflower, 2021-2031F

6.2 Thailand Feed Plant-based Protein Market, By Livestock

6.2.1 Overview and Analysis

6.2.2 Thailand Feed Plant-based Protein Market Revenues & Volume, By Pets, 2021-2031F

6.2.3 Thailand Feed Plant-based Protein Market Revenues & Volume, By Swine, 2021-2031F

6.2.4 Thailand Feed Plant-based Protein Market Revenues & Volume, By Ruminants, 2021-2031F

6.2.5 Thailand Feed Plant-based Protein Market Revenues & Volume, By Poultry, 2021-2031F

6.2.6 Thailand Feed Plant-based Protein Market Revenues & Volume, By Aquatic Animals, 2021-2031F

6.3 Thailand Feed Plant-based Protein Market, By Type

6.3.1 Overview and Analysis

6.3.2 Thailand Feed Plant-based Protein Market Revenues & Volume, By Concentrates, 2021-2031F

6.3.3 Thailand Feed Plant-based Protein Market Revenues & Volume, By Isolates, 2021-2031F

7 Thailand Feed Plant-based Protein Market Import-Export Trade Statistics

7.1 Thailand Feed Plant-based Protein Market Export to Major Countries

7.2 Thailand Feed Plant-based Protein Market Imports from Major Countries

8 Thailand Feed Plant-based Protein Market Key Performance Indicators

8.1 Percentage increase in the number of plant-based protein product launches

8.2 Growth in the number of plant-based protein manufacturers in Thailand

8.3 Consumer acceptance rate of plant-based protein products

8.4 Percentage of retail shelf space allocated to plant-based protein products

8.5 Adoption rate of plant-based protein in food service establishments

9 Thailand Feed Plant-based Protein Market - Opportunity Assessment

9.1 Thailand Feed Plant-based Protein Market Opportunity Assessment, By Source, 2021 & 2031F

9.2 Thailand Feed Plant-based Protein Market Opportunity Assessment, By Livestock, 2021 & 2031F

9.3 Thailand Feed Plant-based Protein Market Opportunity Assessment, By Type, 2021 & 2031F

10 Thailand Feed Plant-based Protein Market - Competitive Landscape

10.1 Thailand Feed Plant-based Protein Market Revenue Share, By Companies, 2024

10.2 Thailand Feed Plant-based Protein Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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