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This report provides an overview of Thailand’s food retail sector along with the latest market updates. Thailand's retail industry continued to evolve and improve, driven by increasing consumer demand for convenience.
Vietnam offers abundant opportunities for exporting consumer-oriented products, despite the challenges of recovering from the COVID-19 pandemic and dealing with high inflation. The Vietnamese economy is poised for significant expansion in the coming decades. With a burgeoning population and a growing middle class, Vietnamese consumers are becoming more discerning about the origin and composition of their food.
Thailand's food and beverage industry contributes significantly to the country's economy. Thailand aims to be one of the world's top ten processed food exporters by 2027 and a key global player in the "Future Food" market.
From February 23, 2024, U.S. wines can access the Thai market duty-free and with lower excise taxes.
Ukraine’s dairy cow inventory decreased drastically after the full-scale Russian invasion in February 2022. The industry had to reduce the number of animals due to supply chain disruptions for raw milk delivery to processing facilities. In 2022...
This report gives an overview of Thailand’s food retail sector and current market updates. Food and beverage sales are driving Thailand’s retail sector.
Thailand’s food and beverage industry contributes significantly to the country’s economy. The country aims to be one of the world top ten processed food exporters by 2027 and a key global player in the “Future Food” market.
Dairy cow inventory is expected to decrease significantly in 2022. The decrease is driven by a war-related economic downturn, direct animal losses in war-affected areas and a historic reduction in less-efficient animals. Fluid milk and dairy product outputs are expected to drop notably in 2022. The decline will continue in 2023 due to the reduced animal number and continued war-related economic downturn.
This report gives an overview of Thailand’s food retail sector and current market updates. The food and beverage industry is one of the biggest retail segments in Thailand. Food and beverage sales grew more in 2021 than the previous year due to increased in-home consumption and cooking at home.
Thailand’s food and beverage industry contributes significantly to the country’s economy, accounting for one-fourth of the country’s gross domestic product. Major food exports include rice, canned tuna, sugar, meat, cassava products, and canned pineapple.
Thailand’s pet food market experienced steady growth due to the rise of “pet humanisation” and an increasing cat population.
The Government of Ukraine adopted new labeling requirements for country of origin or place of origin for selected food products on April 1, 2021.