Product Code: ETC382105 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Fresh Food Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 0.32% in 2025, the market peaks at 0.70% in 2028, and settles at 0.70% by 2029.
The Fresh Food market in Thailand is projected to grow at a stable growth rate of 0.64% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The Thailand fresh food market is a critical component of the nation`s food supply chain. It encompasses a wide range of products, including fruits, vegetables, meat, and seafood. Fresh food retail is evolving with modern supermarkets and traditional wet markets coexisting. Consumers prioritize freshness, quality, and traceability, leading to a focus on local and sustainable sourcing practices. Additionally, e-commerce platforms are gaining popularity in delivering fresh food to urban consumers.
The Thailand fresh food market is influenced by several drivers. Firstly, the country`s strong agricultural sector ensures a constant supply of fresh produce. Consumers` preference for fresh and locally sourced foods has led to the growth of farmer`s markets and direct-to-consumer sales, stimulating market demand. Moreover, increasing health consciousness and awareness of the nutritional benefits of fresh foods have boosted consumption. The development of cold supply chains and improvements in logistics have also played a pivotal role in expanding the market, allowing fresh products to reach urban areas efficiently.
The Thailand fresh food market deals with challenges related to supply chain logistics and quality maintenance. Ensuring the freshness and quality of products during transportation and storage can be difficult, particularly in a tropical climate. Managing post-harvest losses and minimizing food spoilage are critical challenges. Additionally, fluctuations in crop yields due to weather conditions can lead to supply disruptions and price volatility.
The Thailand fresh food market experienced significant shifts during the COVID-19 pandemic. Initially, as consumers stockpiled non-perishable items, there was a decline in fresh food sales. However, as people settled into new routines, there was a resurgence in demand for fresh fruits, vegetables, and meats. Consumers prioritized health and nutrition, leading to an increased focus on fresh, locally sourced products. Farmers` markets and online delivery services gained popularity as consumers sought out fresh produce. Supply chain disruptions, including labor shortages and transportation challenges, affected the availability of some fresh items. The market demonstrated resilience by adapting to changing consumer preferences and is expected to continue evolving as health-consciousness remains a priority.
The Thailand fresh food market boasts a diverse array of players who contribute to the country`s vibrant agricultural and seafood sectors. Prominent companies like Charoen Pokphand Foods, Thai Union Group, and Betagro are among the key players in this market. These companies engage in the production, distribution, and export of fresh food products, including poultry, seafood, fruits, vegetables, and more. Their commitment to quality, sustainable practices, and innovation has made them leaders in ensuring that consumers have access to safe and nutritious fresh food options.