| Product Code: ETC4594826 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In the Thailand pet food ingredients market, the import trend exhibited a notable growth rate of 6.42% from 2023 to 2024, with a compound annual growth rate (CAGR) of 22.45% from 2020 to 2024. This significant increase can be attributed to a surge in demand for high-quality pet food ingredients driven by evolving consumer preferences and increased pet ownership in the region.
The Pet Food Ingredients Market caters to the growing demand for pet food products in Thailand, offering a wide range of ingredients to ensure the nutrition and well-being of pets.
The Thailand Pet Food Ingredients market is experiencing notable growth, driven by the rising pet ownership trends and the demand for high-quality and nutritionally balanced pet food products. Pet food ingredients, including proteins, grains, vitamins, and additives, play a crucial role in formulating nutritionally complete and palatable pet diets. With Thailand witnessing increased pet humanization and a focus on pet health and well-being, the demand for premium pet food ingredients is on the rise. The market growth is further supported by advancements in pet nutrition research, the introduction of novel ingredients, and consumer preferences for natural and functional pet food options.
The pet food ingredients market in Thailand encounters challenges that influence its market dynamics and product offerings. One significant challenge is the increasing demand for natural and premium ingredients, driven by the growing awareness of pet owners regarding pet nutrition. Meeting these demands while maintaining affordability poses a challenge for manufacturers, especially those relying on traditional ingredient sourcing. Additionally, regulatory requirements for pet food ingredients, including stringent quality and safety standards, can pose barriers for smaller manufacturers. Adapting to changing consumer preferences, investing in research and development, and ensuring compliance with evolving regulatory standards are essential for the sustained growth of the pet food ingredients market in Thailand.
The Thailand Pet Food Ingredients Market has faced challenges due to the COVID-19 pandemic, with disruptions in the supply chain affecting the availability of key ingredients. As pet ownership trends continue, the market is expected to recover with a focus on premium and functional ingredients, reflecting the increased emphasis on pet health and nutrition.
The Thailand Pet Food Ingredients Market is experiencing growth, with key players such as Thai Union Group, Cargill, and Archer Daniels Midland Company (ADM) making noteworthy contributions. Thai Union Group, a major player in the market, offers a diverse range of pet food ingredients, including fish-based ingredients. With a commitment to providing high-quality and nutritious ingredients, Thai Union Group plays a crucial role in meeting the nutritional needs and preferences of pets in Thailand, contributing to the overall well-being of companion animals.
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 Pet Food Ingredients Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Pet Food Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Pet Food Ingredients Market - Industry Life Cycle |
3.4 Thailand Pet Food Ingredients Market - Porter's Five Forces |
3.5 Thailand Pet Food Ingredients Market Revenues & Volume Share, By Ingredient, 2021 & 2031F |
3.6 Thailand Pet Food Ingredients Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Thailand Pet Food Ingredients Market Revenues & Volume Share, By Pet, 2021 & 2031F |
4 Thailand Pet Food Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing pet ownership and humanization of pets in Thailand |
4.2.2 Growing awareness about pet health and nutrition |
4.2.3 Rise in disposable income leading to higher spending on pet food ingredients |
4.3 Market Restraints |
4.3.1 Stringent regulations and certifications required for pet food ingredient manufacturing |
4.3.2 Fluctuating prices of raw materials such as meat, grains, and vegetables |
5 Thailand Pet Food Ingredients Market Trends |
6 Thailand Pet Food Ingredients Market, By Types |
6.1 Thailand Pet Food Ingredients Market, By Ingredient |
6.1.1 Overview and Analysis |
6.1.2 Thailand Pet Food Ingredients Market Revenues & Volume, By Ingredient, 2021-2031F |
6.1.3 Thailand Pet Food Ingredients Market Revenues & Volume, By Meat & Meat Products, 2021-2031F |
6.1.4 Thailand Pet Food Ingredients Market Revenues & Volume, By Cereals, 2021-2031F |
6.1.5 Thailand Pet Food Ingredients Market Revenues & Volume, By Vegetables & Fruits, 2021-2031F |
6.1.6 Thailand Pet Food Ingredients Market Revenues & Volume, By Fats, 2021-2031F |
6.1.7 Thailand Pet Food Ingredients Market Revenues & Volume, By Additives, 2021-2031F |
6.2 Thailand Pet Food Ingredients Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Thailand Pet Food Ingredients Market Revenues & Volume, By Animal-based, 2021-2031F |
6.2.3 Thailand Pet Food Ingredients Market Revenues & Volume, By Plant Derivatives, 2021-2031F |
6.2.4 Thailand Pet Food Ingredients Market Revenues & Volume, By Synthetic, 2021-2031F |
6.3 Thailand Pet Food Ingredients Market, By Pet |
6.3.1 Overview and Analysis |
6.3.2 Thailand Pet Food Ingredients Market Revenues & Volume, By Dogs, 2021-2031F |
6.3.3 Thailand Pet Food Ingredients Market Revenues & Volume, By Cats, 2021-2031F |
6.3.4 Thailand Pet Food Ingredients Market Revenues & Volume, By Fish, 2021-2031F |
7 Thailand Pet Food Ingredients Market Import-Export Trade Statistics |
7.1 Thailand Pet Food Ingredients Market Export to Major Countries |
7.2 Thailand Pet Food Ingredients Market Imports from Major Countries |
8 Thailand Pet Food Ingredients Market Key Performance Indicators |
8.1 Number of new product launches in the pet food industry |
8.2 Consumer spending on premium pet food ingredients |
8.3 Adoption rate of organic and natural pet food ingredients |
9 Thailand Pet Food Ingredients Market - Opportunity Assessment |
9.1 Thailand Pet Food Ingredients Market Opportunity Assessment, By Ingredient, 2021 & 2031F |
9.2 Thailand Pet Food Ingredients Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Thailand Pet Food Ingredients Market Opportunity Assessment, By Pet, 2021 & 2031F |
10 Thailand Pet Food Ingredients Market - Competitive Landscape |
10.1 Thailand Pet Food Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Thailand Pet Food Ingredients 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.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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