| Product Code: ETC224605 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | 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 soy flour in the Thailand market experienced a significant decline from 2023 to 2024, with a growth rate of -84.53%. The compound annual growth rate (CAGR) from 2020 to 2024 stood at -43.83%. This sharp decrease could be attributed to shifting consumer preferences, changes in trade policies, or market saturation impacting import momentum and market stability.
In the Asia region, the Soy Flour market in Thailand is projected to expand at a stable growth rate of 1.35% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

In contrast, the Thailand soy flour market has experienced steady growth due to the versatility of soy flour in various food applications. It is a valuable source of plant-based protein and is commonly used in baking, cooking, and as a meat substitute in vegetarian and vegan diets. The growing interest in plant-based diets has propelled the demand for soy flour in the country.
The Thailand Soy Flour market is experiencing growth due to several key drivers. Firstly, soy flour is considered a versatile ingredient with various applications in the food industry. It is used in the production of a wide range of food products, including baked goods, meat substitutes, and dairy alternatives. As consumers seek plant-based and protein-rich options, soy flour is being incorporated into these products, driving its demand. Additionally, soy flour is gluten-free, making it suitable for individuals with gluten sensitivities or celiac disease. The growing awareness of dietary restrictions and preferences is boosting the use of soy flour in gluten-free products. Furthermore, soy flour is a good source of protein, fiber, and essential nutrients, making it attractive to health-conscious consumers. These factors collectively contribute to the growth of the Thailand Soy Flour market.
The Thailand Soy Flour market encounters challenges related to consumer perception and competition. Soy flour is often perceived as a niche or health-oriented product, limiting its mainstream adoption. Moreover, competition from wheat and other grain flours is high, making it essential for soy flour producers to market their products effectively and address taste and texture concerns. Overcoming these barriers to widespread acceptance is a significant challenge.
The Thailand Soy Flour market experienced a notable impact from the COVID-19 pandemic. During the initial phases of the pandemic, lockdowns and disruptions in the supply chain caused a temporary decline in demand for soy flour. However, as consumers increasingly sought healthier and plant-based food alternatives, the market saw a resurgence in demand. The pandemic accelerated the trend towards healthier eating, boosting the consumption of soy-based products, including soy flour, which is rich in protein. Manufacturers adapted by introducing innovative soy flour products, catering to the changing consumer preferences.
Soy flour has gained popularity in Thailand due to its versatility in both traditional and modern cooking. Leading players in the Thailand soy flour market, such as Thai Soy Flour Co., Ltd. and NutraSoy Co., have focused on producing high-quality soy flour products. They work closely with local soybean farmers to ensure a steady supply of raw materials and invest in cutting-edge milling technology to maintain product consistency. These companies have also introduced innovative soy flour variants, catering to the growing demand for gluten-free and plant-based options.
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 Soy Flour Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Soy Flour Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Soy Flour Market - Industry Life Cycle |
3.4 Thailand Soy Flour Market - Porter's Five Forces |
3.5 Thailand Soy Flour Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Soy Flour Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Thailand Soy Flour Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Thailand Soy Flour Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness among consumers |
4.2.2 Growing demand for plant-based protein products |
4.2.3 Government initiatives promoting the use of soy flour in food products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Competition from other alternative flours in the market |
5 Thailand Soy Flour Market Trends |
6 Thailand Soy Flour Market, By Types |
6.1 Thailand Soy Flour Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Soy Flour Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Soy Flour Market Revenues & Volume, By Full-fat Soy Flour, 2021-2031F |
6.1.4 Thailand Soy Flour Market Revenues & Volume, By Defatted Soy Flour, 2021-2031F |
6.2 Thailand Soy Flour Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Soy Flour Market Revenues & Volume, By Bakery & Confectionery, 2021-2031F |
6.2.3 Thailand Soy Flour Market Revenues & Volume, By Meat Substitute, 2021-2031F |
6.2.4 Thailand Soy Flour Market Revenues & Volume, By Soup & Sausages, 2021-2031F |
6.2.5 Thailand Soy Flour Market Revenues & Volume, By Meat and Poultry, 2021-2031F |
6.2.6 Thailand Soy Flour Market Revenues & Volume, By Others, 2021-2031F |
6.3 Thailand Soy Flour Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Thailand Soy Flour Market Revenues & Volume, By Online Stores, 2021-2031F |
6.3.3 Thailand Soy Flour Market Revenues & Volume, By Convenience Store, 2021-2031F |
6.3.4 Thailand Soy Flour Market Revenues & Volume, By Departmental Store, 2021-2031F |
6.3.5 Thailand Soy Flour Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.3.6 Thailand Soy Flour Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Soy Flour Market Import-Export Trade Statistics |
7.1 Thailand Soy Flour Market Export to Major Countries |
7.2 Thailand Soy Flour Market Imports from Major Countries |
8 Thailand Soy Flour Market Key Performance Indicators |
8.1 Number of new product launches containing soy flour |
8.2 Percentage increase in per capita consumption of soy flour |
8.3 Adoption rate of soy flour in the food processing industry |
9 Thailand Soy Flour Market - Opportunity Assessment |
9.1 Thailand Soy Flour Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Soy Flour Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Thailand Soy Flour Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Thailand Soy Flour Market - Competitive Landscape |
10.1 Thailand Soy Flour Market Revenue Share, By Companies, 2024 |
10.2 Thailand Soy Flour Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |