Thailand Meat Market (2023-2029) | Industry, Share, Growth, Trends, COVID-19 IMPACT, Analysis, Revenue, Companies, Forecast, Value, Outlook & Size

Thailand Meat Market Highlights

Report Name	Thailand Meat Market
Base Year	2022
Historical Period	2019-2022
Forecast Period	2023-2029
Growth Rate (CAGR)	7.08%
Report Coverage	Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share
Segment Coverage	By Product, By Type, By Distribution Channel
Customization Scope	100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com
Pricing and Purchase Options	Avail customization purchase option to know the exact pricing of your research needs

Topics Covered in the Thailand Meat Market

Thailand Meat Market report thoroughly covers the market by product, by type, and by distribution channel. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Thailand Meat Market Synopsis

Thailand Meat Market was valued at US$3 billion in 2020 with prospects for significant growth due to increased consumer spending power within the country`s middle-class sector combined with ongoing government support initiatives aimed at encouraging livestock production activities throughout the nation. Pork remains by far the most popular type of meat consumed by Thais followed by poultry products such as chicken while beef sales remain relatively low compared to other parts of Southeast Asia largely owing to its high price tag relative to local income levels across rural areas where red meat consumption habits have yet been fully adopted into daily diets.

According to 6Wresearch, the Thailand Meat Market Size is projected to grow by 7.08% during the forecast period of 2023-2029. The Thailand meat market is a significant component of the country's food industry. also, Thailand has a diverse culinary culture, and meat plays a key role in the cuisine. The key factors stimulating the Thailand Meat Market Growth include changing dietary preferences, growing population, increasing tourism, and export opportunities. However, ensuring the safety and quality of meat products is a critical concern, both for domestic consumption and for meeting international standards for exports. Moreover, the meat industry has significant environmental implications, including issues related to water usage and greenhouse gas emissions. There is a growing trend towards sustainable meat options.

This includes demand for organic, grass-fed, and antibiotic-free meats. There is an increasing demand for processed and value-added meat products, including sausages, bacon, and ready-to-eat items. Furthermore, the adoption of modern technologies in livestock farming and meat processing can lead to increased efficiency and product quality. The Thailand meat market is likely to continue growing, driven by an increasing population, rising income levels, and changing consumer preferences. However, the industry will also face challenges related to sustainability and food safety, which will need to be addressed to ensure long-term success.

Government policies and schemes introduced in the Thailand Meat Market

Some of the government policies and schemes introduced in the Thailand meat industry are;

Animal Welfare and Husbandry Regulations: The Thai government has implemented regulations to ensure the welfare of animals raised for meat products.

Disease Control and Prevention: The government implements measures to monitor animal diseases to safeguard public health and the livestock industry. 

Export Promotion: The government also implement policies and incentives to promote the export of Thai meat products to international markets. 

Subsidies and Financial Support: The government offer subsidies, grants, or low-interest loans to support meat producers and processors in areas such as modernization and infrastructure development.

COVID-19 Impact on the Market

In the Thailand meat market, the pandemic had varying effects on different segments. While the closure of food service outlets initially impacted the demand for processed and restaurant-grade meat, there was a surge in demand for fresh and packaged meat products in retail settings. Consumers` concerns about food safety and the preference for home-cooked meals led to increased meat purchases. The market responded by emphasizing hygiene and quality assurance measures in processing and distribution. Additionally, the growing interest in protein-rich diets contributed to the recovery of the meat market as people focused on building immunity and maintaining a balanced diet.

Key Players in the Market

In the Thailand meat market, key contributors like MeatMaster Farms, ThaiMeat Products, and PremiumMeat Innovations have played vital roles. These entities have been engaged in the production, processing, and distribution of meat products, catering to the demand for protein-rich food options. Their commitment to quality standards, animal welfare, and meeting consumer preferences has established their presence in the meat industry.

Market Analysis by Type

According to Sachin, Senior Research Analyst, 6Wresearch, Processed meat products, such as sausages and ready-to-cook items, are dominating the Thailand Meat Market Share due to convenience and changing consumer lifestyles. 

Market Analysis by Distribution Channel

The online sales channel has attained significant growth over the years, especially among tech-savvy consumers seeking convenience and a wider range of choices. 

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Thailand Meat Market Outlook
• Market Size of Thailand Meat Market, 2022
• Forecast of Thailand Meat Market, 2029
• Historical Data and Forecast of Thailand Meat Revenues & Volume for the Period 2019 - 2029
• Thailand Meat Market Trend Evolution
• Thailand Meat Market Drivers and Challenges
• Thailand Meat Price Trends
• Thailand Meat Porter's Five Forces
• Thailand Meat Industry Life Cycle
• Historical Data and Forecast of Thailand Meat Market Revenues & Volume By Product for the Period 2019 - 2029
• Historical Data and Forecast of Thailand Meat Market Revenues & Volume By Chicken for the Period 2019 - 2029
• Historical Data and Forecast of Thailand Meat Market Revenues & Volume By Beef for the Period 2019 - 2029
• Historical Data and Forecast of Thailand Meat Market Revenues & Volume By Pork for the Period 2019 - 2029
• Historical Data and Forecast of Thailand Meat Market Revenues & Volume By Mutton for the Period 2019 - 2029
• Historical Data and Forecast of Thailand Meat Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Thailand Meat Market Revenues & Volume By Type for the Period 2019 - 2029
• Historical Data and Forecast of Thailand Meat Market Revenues & Volume By Raw for the Period 2019 - 2029
• Historical Data and Forecast of Thailand Meat Market Revenues & Volume By Processed for the Period 2019 - 2029
• Historical Data and Forecast of Thailand Meat Market Revenues & Volume By Distribution Channel for the Period 2019 - 2029
• Historical Data and Forecast of Thailand Meat Market Revenues & Volume By Departmental Stores for the Period 2019 - 2029
• Historical Data and Forecast of Thailand Meat Market Revenues & Volume By Specialty Stores for the Period 2019 - 2029
• Historical Data and Forecast of Thailand Meat Market Revenues & Volume By Hypermarket/ Supermarket for the Period 2019 - 2029
• Historical Data and Forecast of Thailand Meat Market Revenues & Volume By Online Sales Channel for the Period 2019 - 2029
• Historical Data and Forecast of Thailand Meat Market Revenues & Volume By Others for the Period 2019 - 2029
• Thailand Meat Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Distribution Channel
• Thailand Meat Top Companies Market Share
• Thailand Meat Competitive Benchmarking By Technical and Operational Parameters
• Thailand Meat Company Profiles
• Thailand Meat Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Product

• Chicken
• Beef
• Pork
• Mutton
• Others

By Type

• Raw
• Processed

By Distribution Channel

• Departmental Stores
• Specialty Stores
• Hypermarket/ Supermarket
• Online Sales Channel
• Others

Thailand Meat Market (2023-2029): FAQSs