| Product Code: ETC383845 | Publication Date: Aug 2022 | Updated Date: Mar 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Thailand import trend for peanut meal in 2024 experienced a notable decline, with a growth rate of -84.53% compared to the previous year. The compound annual growth rate (CAGR) for the period 2020-2024 stood at -43.83%. This sharp decrease could be attributed to shifting market demands or changes in trade policies impacting the market stability.

The Thailand peanut meal market has expanded due to the growing demand for peanut-based products, including peanut butter, snacks, and animal feed. Peanuts are not only consumed as a popular snack but are also used as a source of protein in various food products. The market benefits from local peanut cultivation, and peanut meal is widely used in animal nutrition, particularly in poultry and livestock feed. With increasing health-consciousness and demand for plant-based proteins, the peanut meal market is poised for continued growth.
The Thailand peanut meal market is witnessing growth driven by several key factors. Firstly, peanut meal is a valuable source of protein in animal feed, particularly for poultry and livestock. The expanding meat production industry in Thailand requires a consistent supply of high-quality animal feed, boosting the demand for peanut meal. Additionally, the increasing awareness of the nutritional benefits of peanut meal, including its high protein content and cost-effectiveness, drives its adoption in animal nutrition. Furthermore, the availability of peanut meal as a byproduct of the peanut processing industry ensures a stable supply, further fueling its market growth.
The Thailand peanut meal market faces challenges related to crop variability, competition from other protein sources, and quality control. Peanut crops can be sensitive to weather conditions and diseases, leading to fluctuations in supply. The market must also contend with competition from other protein-rich ingredients, such as soybean meal or insect-based protein, which may offer cost advantages. Quality control and safety standards are critical to ensuring the integrity of peanut meal products, as allergen contamination can have severe consequences for consumers.
The Thailand peanut meal market experienced disruptions during the COVID-19 pandemic. As global supply chains were affected, there were challenges in sourcing and processing peanut meal. The food industry, which relies on peanut meal as an ingredient, faced difficulties in maintaining consistent production. However, demand for peanut meal in animal feed remained relatively stable, as it serves as a valuable protein source. Peanut meal producers and suppliers adapted by prioritizing the animal feed sector and enhancing safety measures. As the economy recovers, the Thailand peanut meal market is expected to regain momentum in both the food and animal feed industries.
The Thailand peanut meal market is served by leading players focused on peanut processing and related products. One of the prominent companies in this sector is Thai Roong Ruang Group, known for its peanut meal and peanut-based products. Another key player is Thai Edible Oil Co., Ltd., which specializes in peanut oil production and peanut meal processing. Additionally, Thai Food and Chemical Co., Ltd., has a significant presence in the market, offering peanut meal for various applications. These leading players contribute to the availability of peanut meal in Thailand market.
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