| Product Code: ETC4549466 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The Thailand plant-based beverages market encompasses a wide range of non-dairy milk alternatives, including soy milk, almond milk, and oat milk. These products cater to consumers who are lactose intolerant, vegan, or simply seeking variety in their beverage choices.
The Plant-based Beverages market in Thailand is witnessing dynamic growth as consumers shift towards plant-powered and dairy-free alternatives, and the beverage industry responds with a diverse range of plant-based drinks. Plant-based beverages, including almond milk, soy milk, and oat milk, play a crucial role in providing lactose-free and environmentally sustainable options. The market expansion is driven by the increasing demand for dairy alternatives, the incorporation of plant-based beverages in coffee shops and retail outlets, and the growing awareness of the environmental impact of traditional dairy production. As Thailand consumers seek plant-centric and health-conscious choices, the Plant-based Beverages market is poised to be a key enabler in the development of a variety of non-dairy and sustainable beverage options.
The Thailand plant-based beverages market has witnessed substantial growth in recent years, driven by increasing consumer awareness of health and sustainability. However, challenges persist in terms of market saturation and competition, as numerous products vie for consumer attention. Furthermore, fluctuations in raw material prices and supply chain disruptions pose significant challenges to market players. Striking a balance between product innovation and cost-effectiveness remains a key hurdle for businesses operating in this sector.
The Thailand Plant-Based Beverages Market faced challenges during the COVID-19 pandemic, driven by disruptions in the food and beverage industry. The restrictions on movement and changes in consumer behavior affected the production and consumption of plant-based beverages. However, post-pandemic, the market witnessed a resurgence as consumers sought healthier and sustainable beverage options. Increased demand for plant-based milk alternatives and functional beverages contributed to the recovery of the Plant-Based Beverages Market.
PlantBeverage Innovations and NutriSip Solutions are major contributors to the Thailand Plant-based Beverages market. Their diverse range of plant-based beverage options caters to the growing demand for non-dairy and plant-centric alternatives.
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 Plant-based Beverages Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Plant-based Beverages Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Plant-based Beverages Market - Industry Life Cycle |
3.4 Thailand Plant-based Beverages Market - Porter's Five Forces |
3.5 Thailand Plant-based Beverages Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Thailand Plant-based Beverages Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Thailand Plant-based Beverages Market Revenues & Volume Share, By Function, 2021 & 2031F |
4 Thailand Plant-based Beverages Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health and wellness benefits of plant-based beverages |
4.2.2 Growing demand for dairy alternatives among lactose-intolerant and vegan population |
4.2.3 Rise in disposable income leading to higher spending on premium plant-based beverage products |
4.3 Market Restraints |
4.3.1 Limited availability of plant-based beverage options in traditional retail channels |
4.3.2 Perception of plant-based beverages as being more expensive than conventional dairy products |
4.3.3 Lack of widespread acceptance and understanding of plant-based beverages among older demographics |
5 Thailand Plant-based Beverages Market Trends |
6 Thailand Plant-based Beverages Market, By Types |
6.1 Thailand Plant-based Beverages Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Thailand Plant-based Beverages Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Thailand Plant-based Beverages Market Revenues & Volume, By Almond, 2021-2031F |
6.1.4 Thailand Plant-based Beverages Market Revenues & Volume, By Soy, 2021-2031F |
6.1.5 Thailand Plant-based Beverages Market Revenues & Volume, By Coconut, 2021-2031F |
6.1.6 Thailand Plant-based Beverages Market Revenues & Volume, By Rice, 2021-2031F |
6.2 Thailand Plant-based Beverages Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Plant-based Beverages Market Revenues & Volume, By Milk , 2021-2031F |
6.2.3 Thailand Plant-based Beverages Market Revenues & Volume, By Other Drinks, 2021-2031F |
6.3 Thailand Plant-based Beverages Market, By Function |
6.3.1 Overview and Analysis |
6.3.2 Thailand Plant-based Beverages Market Revenues & Volume, By Cardiovascular health, 2021-2031F |
6.3.3 Thailand Plant-based Beverages Market Revenues & Volume, By Cancer prevention, 2021-2031F |
6.3.4 Thailand Plant-based Beverages Market Revenues & Volume, By Lactose intolerance, 2021-2031F |
6.3.5 Thailand Plant-based Beverages Market Revenues & Volume, By Bone health, 2021-2031F |
7 Thailand Plant-based Beverages Market Import-Export Trade Statistics |
7.1 Thailand Plant-based Beverages Market Export to Major Countries |
7.2 Thailand Plant-based Beverages Market Imports from Major Countries |
8 Thailand Plant-based Beverages Market Key Performance Indicators |
8.1 Number of new product launches in the plant-based beverage segment |
8.2 Growth in the number of specialty stores and cafes offering plant-based beverage options |
8.3 Increase in the number of partnerships between plant-based beverage companies and mainstream food and beverage retailers |
9 Thailand Plant-based Beverages Market - Opportunity Assessment |
9.1 Thailand Plant-based Beverages Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Thailand Plant-based Beverages Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Thailand Plant-based Beverages Market Opportunity Assessment, By Function, 2021 & 2031F |
10 Thailand Plant-based Beverages Market - Competitive Landscape |
10.1 Thailand Plant-based Beverages Market Revenue Share, By Companies, 2024 |
10.2 Thailand Plant-based Beverages Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |