Thailand Soy Flour Market (2025-2031) Outlook | Industry, Forecast, Size, Growth, Trends, Share, Revenue, Analysis, Companies & Value

Market Forecast By Type (Full-fat Soy Flour, Defatted Soy Flour), By Application (Bakery & Confectionery, Meat Substitute, Soup & Sausages, Meat and Poultry, Others), By Distribution Channel (Online Stores, Convenience Store, Departmental Store, Direct Sales, Others) And Competitive Landscape
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 Soy Flour Market: Import Trend Analysis

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.

Soy Flour Market: Thailand vs Top 5 Major Economies in 2027 (Asia)


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.

Soy Flour Market: Thailand vs Top 5 Major Economies in 2027 (Asia)

Thailand Soy Flour Market Synopsis

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.

Drivers of the Market

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.

Challenges of the 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.

COVID-19 Impact on the Market

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.

Key Players in the Market

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.

Key Highlights of the Report:

  • Thailand Soy Flour Market Outlook
  • Market Size of Thailand Soy Flour Market, 2024
  • Forecast of Thailand Soy Flour Market, 2031
  • Historical Data and Forecast of Thailand Soy Flour Revenues & Volume for the Period 2021-2031
  • Thailand Soy Flour Market Trend Evolution
  • Thailand Soy Flour Market Drivers and Challenges
  • Thailand Soy Flour Price Trends
  • Thailand Soy Flour Porter's Five Forces
  • Thailand Soy Flour Industry Life Cycle
  • Historical Data and Forecast of Thailand Soy Flour Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Thailand Soy Flour Market Revenues & Volume By Full-fat Soy Flour for the Period 2021-2031
  • Historical Data and Forecast of Thailand Soy Flour Market Revenues & Volume By Defatted Soy Flour for the Period 2021-2031
  • Historical Data and Forecast of Thailand Soy Flour Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Thailand Soy Flour Market Revenues & Volume By Bakery & Confectionery for the Period 2021-2031
  • Historical Data and Forecast of Thailand Soy Flour Market Revenues & Volume By Meat Substitute for the Period 2021-2031
  • Historical Data and Forecast of Thailand Soy Flour Market Revenues & Volume By Soup & Sausages for the Period 2021-2031
  • Historical Data and Forecast of Thailand Soy Flour Market Revenues & Volume By Meat and Poultry for the Period 2021-2031
  • Historical Data and Forecast of Thailand Soy Flour Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Thailand Soy Flour Market Revenues & Volume By Distribution Channel for the Period 2021-2031
  • Historical Data and Forecast of Thailand Soy Flour Market Revenues & Volume By Online Stores for the Period 2021-2031
  • Historical Data and Forecast of Thailand Soy Flour Market Revenues & Volume By Convenience Store for the Period 2021-2031
  • Historical Data and Forecast of Thailand Soy Flour Market Revenues & Volume By Departmental Store for the Period 2021-2031
  • Historical Data and Forecast of Thailand Soy Flour Market Revenues & Volume By Direct Sales for the Period 2021-2031
  • Historical Data and Forecast of Thailand Soy Flour Market Revenues & Volume By Others for the Period 2021-2031
  • Thailand Soy Flour Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Distribution Channel
  • Thailand Soy Flour Top Companies Market Share
  • Thailand Soy Flour Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Soy Flour Company Profiles
  • Thailand Soy Flour Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Thailand Soy Flour Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Thailand Soy Flour Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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

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