| Product Code: ETC042605 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Thailand is one of the major producers and exporters of seafood in the world, making it a key player in the global fish processing market. The country has over three thousand registered fish processing plants that employ more than forty thousand people. Thailand fisheries sector provides employment to around five hundred thousand people and contributes up to 6% towards its total exports. In 2025, Thailand fishery products had an export value of US$ 7 billion, while imports were valued at US$ 5 billion. Thailand largest export markets for fishery products include Japan, Europe, and the United States with a share of 34%, 23%, and 16% respectively in 2025.
The growth of the fish processing market in Thailand can be attributed to factors such as increasing demand for processed seafood from countries like Japan and China; rising consumer preference towards convenience foods; technological advancements leading to improved product quality; government initiatives aimed at encouraging efficient fishing practices; presence of local processors offering high-value added services such as filleting or ready-to-cook solutions; availability of low labour costs due to a large pool skilled workforce; favorable trade policies allowing easy access into foreign markets; taxation benefits offered by authorities on raw materials used for production purposes etc.
The expansion prospects are however dampened by certain challenges faced by industry players including stringent regulations pertaining to food safety compliance imposed by governments worldwide which increases operational expenses related with certifications/audits required annually ; risk associated with volatile prices induced due to changing weather patterns or natural calamities affecting supply chain networks ; failure to meet customer demands owing inadequate capacity utilization resulting from lack investments necessary upgrades & modernizations ; rising competition among international providers influencing pricing strategies forcing companies shift focus from traditional offerings thereby compromising profit margins etc .
The outbreak Covid 19 pandemic has caused significant disruption across various industries globally including that Fish Processing Market too.Many businesses halted operations due nonavailability resources or labor shortages posing greater risk maintaining supplies both locally internationally thus impacting long term sustainability.Further, restrictive measures implemented impact not only shipment but also final consumption hence reducing overall sales drastically while putting extra pressure finance management capabilities existing entities those planning enter this space .
Major players operating in Thailand Fisheries Processing Market include CP Foods PLC., Betagro Group Co Ltd., Saha Farms Co Ltd.
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 Fish Processing Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Fish Processing Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Fish Processing Market - Industry Life Cycle |
3.4 Thailand Fish Processing Market - Porter's Five Forces |
3.5 Thailand Fish Processing Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Thailand Fish Processing Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Thailand Fish Processing Market Revenues & Volume Share, By Processing, 2021 & 2031F |
3.8 Thailand Fish Processing Market Revenues & Volume Share, By Equipment, 2021 & 2031F |
4 Thailand Fish Processing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Fish Processing Market Trends |
6 Thailand Fish Processing Market, By Types |
6.1 Thailand Fish Processing Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Thailand Fish Processing Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Thailand Fish Processing Market Revenues & Volume, By Marine, 2021-2031F |
6.1.4 Thailand Fish Processing Market Revenues & Volume, By Inland, 2021-2031F |
6.1.5 Thailand Fish Processing Market Revenues & Volume, By Freshwater, 2021-2031F |
6.2 Thailand Fish Processing Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Fish Processing Market Revenues & Volume, By Food, 2021-2031F |
6.2.3 Thailand Fish Processing Market Revenues & Volume, By Feed, 2021-2031F |
6.2.4 Thailand Fish Processing Market Revenues & Volume, By Biomedical, 2021-2031F |
6.2.5 Thailand Fish Processing Market Revenues & Volume, By Others, 2021-2031F |
6.3 Thailand Fish Processing Market, By Processing |
6.3.1 Overview and Analysis |
6.3.2 Thailand Fish Processing Market Revenues & Volume, By Frozen, 2021-2031F |
6.3.3 Thailand Fish Processing Market Revenues & Volume, By Preserved, 2021-2031F |
6.3.4 Thailand Fish Processing Market Revenues & Volume, By Others, 2021-2031F |
6.4 Thailand Fish Processing Market, By Equipment |
6.4.1 Overview and Analysis |
6.4.2 Thailand Fish Processing Market Revenues & Volume, By Gutting, 2021-2031F |
6.4.3 Thailand Fish Processing Market Revenues & Volume, By Scaling, 2021-2031F |
6.4.4 Thailand Fish Processing Market Revenues & Volume, By Filleting, 2021-2031F |
6.4.5 Thailand Fish Processing Market Revenues & Volume, By Deboning, 2021-2031F |
6.4.6 Thailand Fish Processing Market Revenues & Volume, By Skinning, 2021-2031F |
6.4.7 Thailand Fish Processing Market Revenues & Volume, By Curing & Smoking, 2021-2031F |
7 Thailand Fish Processing Market Import-Export Trade Statistics |
7.1 Thailand Fish Processing Market Export to Major Countries |
7.2 Thailand Fish Processing Market Imports from Major Countries |
8 Thailand Fish Processing Market Key Performance Indicators |
9 Thailand Fish Processing Market - Opportunity Assessment |
9.1 Thailand Fish Processing Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Thailand Fish Processing Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Thailand Fish Processing Market Opportunity Assessment, By Processing, 2021 & 2031F |
9.4 Thailand Fish Processing Market Opportunity Assessment, By Equipment, 2021 & 2031F |
10 Thailand Fish Processing Market - Competitive Landscape |
10.1 Thailand Fish Processing Market Revenue Share, By Companies, 2024 |
10.2 Thailand Fish Processing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
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