Thailand Fonio Flour Market | Revenue, Analysis, Industry, COVID-19 IMPACT, Forecast, Growth, Size, Value, Trends, Share & Companies

Thailand Fonio Flour Market Synopsis

The demand for fonio flour in Thailand is increasing rapidly due to its numerous health benefits such as being rich source of protein & dietary fiber and low glycemic index making it ideal ingredient choice for people suffering from diabetes or obesity. Moreover, rising trend towards gluten-free diets also fueling this segment?s growth further as fonio flour provides an excellent alternative source on top having great taste qualities which makes it popular amongst food processors & chefs alike looking to make products healthier without compromising taste factor either way. Total revenue generated by this sector was valued at USD 25 million during 2020 and expected grow reach USD 38 millions, registering a CAGR 4.4%.

Drivers of the Market

The Thailand fonio flour market has seen growth driven by increasing consumer awareness of the nutritional benefits of fonio, which is gluten-free, rich in essential amino acids, and suitable for various dietary preferences, including gluten-free and vegan diets. Moreover, the growing demand for alternative flours as a part of the clean-label and health-conscious food trend has boosted the consumption of fonio flour in various culinary applications.

Challenges of the Market

The agriculture and food sectors in Thailand face a range of challenges in the production and distribution of various products. In the Thailand fonio flour market, the challenge lies in introducing and popularizing this lesser-known grain as a nutritious and sustainable alternative. Limited awareness and understanding of fonio`s benefits may hinder its adoption, requiring education campaigns and strategic marketing efforts.

Trends & Oppourtunites of the Market

As interest in alternative grains grows, fonio flour can find its place. Entrepreneurs can explore fonio cultivation and processing to meet the demand for gluten-free and nutritious flour alternatives.

COVID-19 Impact on the Market

The pandemic disrupted global supply chains, affecting the availability of certain products, including fonio flour. Supply chain disruptions and logistical challenges led to sporadic shortages of fonio flour in the market, impacting both producers and consumers.

Key Players in the Market

In the Thailand fonio flour market, companies like Thai Sustainable Development Foundation contribute to the production and distribution of fonio flour, a nutritious grain alternative gaining popularity.

Key Highlights of the Report:

• Thailand Fonio Flour Market Outlook
• Market Size of Thailand Fonio Flour Market, 2023
• Forecast of Thailand Fonio Flour Market, 2030
• Historical Data and Forecast of Thailand Fonio Flour Revenues & Volume for the Period 2020-2030
• Thailand Fonio Flour Market Trend Evolution
• Thailand Fonio Flour Market Drivers and Challenges
• Thailand Fonio Flour Price Trends
• Thailand Fonio Flour Porter's Five Forces
• Thailand Fonio Flour Industry Life Cycle
• Historical Data and Forecast of Thailand Fonio Flour Market Revenues & Volume By Type for the Period 2020-2030
• Historical Data and Forecast of Thailand Fonio Flour Market Revenues & Volume By White Fonio for the Period 2020-2030
• Historical Data and Forecast of Thailand Fonio Flour Market Revenues & Volume By Black fonio   for the Period 2020-2030
• Historical Data and Forecast of Thailand Fonio Flour Market Revenues & Volume By End-use for the Period 2020-2030
• Historical Data and Forecast of Thailand Fonio Flour Market Revenues & Volume By Bakery and Confectionary for the Period 2020-2030
• Historical Data and Forecast of Thailand Fonio Flour Market Revenues & Volume By Food Processing for the Period 2020-2030
• Historical Data and Forecast of Thailand Fonio Flour Market Revenues & Volume By Others for the Period 2020-2030
• Thailand Fonio Flour Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By End-use
• Thailand Fonio Flour Top Companies Market Share
• Thailand Fonio Flour Competitive Benchmarking By Technical and Operational Parameters
• Thailand Fonio Flour Company Profiles
• Thailand Fonio Flour Key Strategic Recommendations