| Product Code: ETC9697635 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Thailand import trend for vegan packaged foods experienced a decline, with a growth rate of -5.09% from 2023 to 2024 and a CAGR of -52.02% from 2020 to 2024. This negative trajectory could be attributed to shifting consumer preferences, changes in trade policies, or market saturation impacting import momentum.
The Thailand Vegan Packaged Foods Market is experiencing significant growth driven by the increasing popularity of plant-based diets and the rising awareness of health and environmental concerns among consumers. The market offers a wide range of vegan packaged foods including plant-based meats, dairy alternatives, snacks, and ready-to-eat meals. Key players in the market are introducing innovative products to cater to the diverse preferences of consumers, such as gluten-free and organic options. Distribution channels like supermarkets, specialty stores, and online platforms are expanding to make vegan products more accessible to a wider audience. Government initiatives promoting sustainable and healthy eating habits, coupled with the influence of social media and celebrity endorsements, are also contributing to the market`s expansion. Overall, the Thailand Vegan Packaged Foods Market is poised for continued growth in the coming years.
In Thailand, the Vegan Packaged Foods Market is experiencing significant growth due to increasing consumer awareness about health, sustainability, and animal welfare. The market is witnessing a surge in demand for plant-based alternatives to traditional meat and dairy products, driven by a growing number of health-conscious consumers and those following a vegan lifestyle. Key trends include the introduction of innovative and diverse vegan products, such as plant-based meats, dairy alternatives, and ready-to-eat meals. Opportunities lie in catering to the rising number of flexitarians and vegetarians looking for convenient and nutritious vegan options. Companies can capitalize on this trend by expanding their product offerings, improving distribution channels, and enhancing marketing strategies to tap into the growing demand for vegan packaged foods in Thailand.
In the Thailand Vegan Packaged Foods Market, some challenges faced include limited consumer awareness about veganism, traditional food preferences that may not align with vegan options, and the higher cost of vegan products compared to conventional items. Additionally, there may be challenges related to distribution and availability of vegan packaged foods in certain regions of Thailand. Overcoming these obstacles would require targeted marketing efforts to educate consumers about the benefits of veganism, developing more appealing and culturally relevant vegan food options, and working on strategies to make vegan products more affordable and widely accessible across the country.
The Thailand Vegan Packaged Foods Market is primarily driven by the increasing consumer awareness and adoption of plant-based diets for health and environmental reasons. Growing concerns about animal welfare, sustainability, and personal health have led to a rising demand for vegan alternatives in packaged foods. The convenience and availability of vegan packaged products in supermarkets and online platforms have also contributed to the market growth. Additionally, the influence of social media, celebrity endorsements, and lifestyle trends promoting veganism have further fueled the market expansion in Thailand. Manufacturers are responding to this demand by innovating and introducing a wide range of vegan packaged food products to cater to the evolving preferences of consumers in the country.
The Thai government has shown support for the vegan packaged foods market through various policies and initiatives. In recent years, there has been an increasing focus on promoting healthy and sustainable food options, including plant-based products. The government has implemented measures such as providing incentives for companies to produce vegan foods, creating awareness campaigns to educate the public about the benefits of plant-based diets, and supporting the growth of the vegan food industry through funding and research initiatives. Additionally, there have been efforts to regulate and standardize labeling requirements for vegan products to ensure transparency and consumer trust. These policies indicate a positive outlook for the Thailand vegan packaged foods market, with continued government support expected to drive further growth and innovation in the sector.
The future outlook for the Thailand Vegan Packaged Foods Market appears promising, driven by increasing consumer awareness of health, sustainability, and ethical considerations. The market is expected to see continued growth due to the rising adoption of vegan diets among health-conscious individuals and the growing availability of innovative and diverse vegan products. Key trends such as convenience, clean label ingredients, and plant-based alternatives to traditional animal-based products are likely to fuel market expansion. Companies are anticipated to invest in product development, marketing strategies, and distribution channels to cater to the evolving preferences of Thai consumers. Overall, the Thailand Vegan Packaged Foods Market is poised for steady growth in the coming years as the demand for plant-based options gains momentum.
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 Vegan Packaged Foods Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Vegan Packaged Foods Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Vegan Packaged Foods Market - Industry Life Cycle |
3.4 Thailand Vegan Packaged Foods Market - Porter's Five Forces |
3.5 Thailand Vegan Packaged Foods Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Vegan Packaged Foods Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Thailand Vegan Packaged Foods Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness and awareness about the benefits of vegan diets |
4.2.2 Growing demand for sustainable and ethical food products |
4.2.3 Rising adoption of veganism as a lifestyle choice |
4.3 Market Restraints |
4.3.1 Limited awareness about vegan packaged foods among the general population |
4.3.2 Higher price points compared to conventional packaged foods |
4.3.3 Limited availability and distribution channels for vegan products |
5 Thailand Vegan Packaged Foods Market Trends |
6 Thailand Vegan Packaged Foods Market, By Types |
6.1 Thailand Vegan Packaged Foods Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Vegan Packaged Foods Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Thailand Vegan Packaged Foods Market Revenues & Volume, By Dairy alternatives, 2021- 2031F |
6.1.4 Thailand Vegan Packaged Foods Market Revenues & Volume, By Meat alternatives & packaged vegan meals, 2021- 2031F |
6.1.5 Thailand Vegan Packaged Foods Market Revenues & Volume, By Vegan bakery & confectionery products, 2021- 2031F |
6.1.6 Thailand Vegan Packaged Foods Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Thailand Vegan Packaged Foods Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Thailand Vegan Packaged Foods Market Revenues & Volume, By Supermarket/ Hypermarkets, 2021- 2031F |
6.2.3 Thailand Vegan Packaged Foods Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.2.4 Thailand Vegan Packaged Foods Market Revenues & Volume, By Online Stores, 2021- 2031F |
6.2.5 Thailand Vegan Packaged Foods Market Revenues & Volume, By Others, 2021- 2031F |
7 Thailand Vegan Packaged Foods Market Import-Export Trade Statistics |
7.1 Thailand Vegan Packaged Foods Market Export to Major Countries |
7.2 Thailand Vegan Packaged Foods Market Imports from Major Countries |
8 Thailand Vegan Packaged Foods Market Key Performance Indicators |
8.1 Percentage increase in the number of vegan restaurants and cafes in Thailand |
8.2 Growth in the number of vegan food festivals and events in the country |
8.3 Number of new product launches and innovations in the vegan packaged foods segment |
9 Thailand Vegan Packaged Foods Market - Opportunity Assessment |
9.1 Thailand Vegan Packaged Foods Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Vegan Packaged Foods Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Thailand Vegan Packaged Foods Market - Competitive Landscape |
10.1 Thailand Vegan Packaged Foods Market Revenue Share, By Companies, 2024 |
10.2 Thailand Vegan Packaged Foods Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |