Thailand Rice Milling Market | COVID-19 IMPACT, Forecast, Size, Growth, Analysis, Industry, Revenue, Value, Share, Companies & Trends

Thailand Rice Milling Market Synopsis

The Thailand rice milling market is dominated by small-scale mills that operate on a regional level. In 2017/18 the majority of production came from North Eastern region which accounted for 48%, while the central region represented 33%, and the southern region 19%. As to export markets, about 54% of exports were destined to African countries with Nigeria being its top destination followed by Benin and Ivory Coast combined accounting for 36%. Other important destinations included Saudi Arabia (10%) and Iraq (7%).

Drivers of the Market

The Thailand rice milling market benefits from the country`s status as one of the world`s major rice producers. The demand for rice milling services remains steady as rice is a staple in the Thai diet. Additionally, Thailand`s rice exports have continued to grow, necessitating efficient rice milling processes to meet international quality standards, which, in turn, drives investments in rice milling infrastructure.

Challenges of the Market

The Thailand rice milling market faces challenges in terms of modernization and sustainability. Outdated milling practices can result in lower quality rice and waste. Encouraging the adoption of modern milling technologies while addressing environmental concerns related to rice husk disposal is crucial.

Trends & Oppourtunites of the Market

With rice as a dietary staple, the rice milling market remains essential. Innovations in rice milling techniques, equipment, and the development of value-added rice products can enhance this market segment.

COVID-19 Impact on the Market

Rice milling, being a critical part of Thailand`s food production, faced operational challenges due to workforce disruptions and health safety measures. These challenges occasionally slowed down rice processing and distribution.

Key Players in the Market

For the Thailand rice milling market, entities like Thai Hua Rubber Public Co., Ltd., and Thai Nakanishi Co., Ltd., are engaged in rice milling and processing, ensuring the quality and variety of rice products.

Key Highlights of the Report:

• Thailand Rice Milling Market Outlook
• Market Size of Thailand Rice Milling Market, 2023
• Forecast of Thailand Rice Milling Market, 2030
• Historical Data and Forecast of Thailand Rice Milling Revenues & Volume for the Period 2020-2030
• Thailand Rice Milling Market Trend Evolution
• Thailand Rice Milling Market Drivers and Challenges
• Thailand Rice Milling Price Trends
• Thailand Rice Milling Porter's Five Forces
• Thailand Rice Milling Industry Life Cycle
• Historical Data and Forecast of Thailand Rice Milling Market Revenues & Volume By Type for the Period 2020-2030
• Historical Data and Forecast of Thailand Rice Milling Market Revenues & Volume By 50 Ton for the Period 2020-2030
• Historical Data and Forecast of Thailand Rice Milling Market Revenues & Volume By 50-150 Ton for the Period 2020-2030
• Historical Data and Forecast of Thailand Rice Milling Market Revenues & Volume By Above 50 Ton for the Period 2020-2030
• Historical Data and Forecast of Thailand Rice Milling Market Revenues & Volume By Application for the Period 2020-2030
• Historical Data and Forecast of Thailand Rice Milling Market Revenues & Volume By Commercial for the Period 2020-2030
• Historical Data and Forecast of Thailand Rice Milling Market Revenues & Volume By Home use for the Period 2020-2030
• Thailand Rice Milling Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Application
• Thailand Rice Milling Top Companies Market Share
• Thailand Rice Milling Competitive Benchmarking By Technical and Operational Parameters
• Thailand Rice Milling Company Profiles
• Thailand Rice Milling Key Strategic Recommendations