Thailand Snacks Market 2024

Description

The Thailand snacks market is poised for steady growth, with an expected increase of USD 1.5 billion, reflecting a compound annual growth rate (CAGR) of approximately 6.8% from 2024 to 2029. In Thailand, the snacks market is expanding rapidly, supported by the country’s urbanization and the rising disposable income of its population. As more people in cities such as Bangkok adopt busy lifestyles, the demand for convenient snack options such as chips, biscuits, and nuts is growing. Health-consciousness is also influencing consumer behavior, as Thai consumers seek out healthier snack choices, including those that are low in sugar or offer additional functional benefits like protein or fiber. The increasing availability of international snack brands is helping to shape the local market, particularly among younger and more affluent consumers.

The report delivers an in-depth analysis of the Thailand snacks industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the snacks market.

Market Segmentation

The following outlines the segmentation of the Thailand snacks market:
Product type: confectionery, ice cream and frozen dessert, savoury snacks, fruit snacks, snack bars, sweet biscuits
Distribution channel: convenience stores, forecourt, supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, others

The snacks market in Thailand is segmented across product type and distribution channel. By product type, it includes confectionery, ice cream and frozen dessert, savoury snacks, fruit snacks, snack bars, and sweet biscuits. Distribution channel segmentation comprises convenience stores, forecourt, supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, and others.

Competitive Landscape

Key players dominating the snacks market include Useful Food Co. Ltd., Universal Robina Corporation (URC), United Foods PCL, Unilever PLC, Tong Garden Food (Singapore) Pte. Ltd., The Hershey Company, Thai Union Frozen Products PCL, Thai President Foods Plc, Thai Beverage Public Company Limited, Taokaenoi Food & Marketing Public Company Limited, T Thai Snacks Food Co. Ltd., Srinanaporn Marketing Co. Ltd., Singha Corp Co. Ltd., Siam Deli Foods Co. Ltd., PT. Yupi Indo Jelly Gum, PT. Mayora Indah Tbk, Premier Marketing Public Co. Ltd., Pongchit Co. Ltd., Perfetti Van Melle Group, PepsiCo Inc., Osotspa Public Company Limited (OSP), Nestle S.A., Namchow Holdings Co. Ltd., Morinaga & Company Ltd., Mondelez International Inc., Monde Nissin Corporation (MNC), Mars Incorporated, Manora Food Industry Co. Ltd., Mae-Ruay Factory Co. Ltd. and Lotte Corporation.

This report delivers an in-depth examination of leading companies in the snacks sector, analyzing their performance from 2019 to 2023. The results indicate changes in market share, emphasizing both established leaders and new entrants.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Thailand snacks market.
Gain in-depth analysis and forecasts for the key segments of the Thailand snacks market: product type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Thailand snacks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Thailand snacks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Thailand Snacks Market – Product Type Analysis
Thailand Snacks Market – Distribution Channel Analysis
Key Players and Market Share
– Useful Food Co., Ltd.
– Universal Robina Corporation (URC)
– United Foods PCL
– Unilever PLC
– Tong Garden Food (Singapore) Pte. Ltd.
– The Hershey Company
– Thai Union Frozen Products PCL
– Thai President Foods Plc
– Thai Beverage Public Company Limited
…
Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Thailand Snacks Market 2019-2029
Chart Thailand Snacks Market, Net Growth, 2019-2029
Chart Thailand Snacks Market, Growth Rates, 2019-2029
Table Thailand Snacks Market by Product Type, 2019-2029
Chart Thailand Snacks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Thailand Snacks Market by Product Type, 2019-2029
Table Thailand Snacks Market by Distribution Channel, 2019-2029
Chart Thailand Snacks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Thailand Snacks Market by Distribution Channel, 2019-2029
Table Thailand Snacks Market Share (%), by Companies, 2019-2023
Chart Thailand Snacks Market, by Companies, 2023
Table Thailand Snacks Market Share (%), by Brands, 2019-2023
Chart Thailand Snacks Market, by Brands, 2023
Table Thailand – Population (Millions) and Forecast
Table Thailand – Consumer Price Index (CPI) and Forecast
Table Thailand – Gross Domestic Product and Forecast
Table Thailand Snacks Market: Spend as a Proportion of GDP (%)
Table Thailand Snacks Market: Consumption per Capita (Population)

Companies Mentioned

Useful Food Co., Ltd.
Universal Robina Corporation (URC)
United Foods PCL
Unilever PLC
Tong Garden Food (Singapore) Pte. Ltd.
The Hershey Company
Thai Union Frozen Products PCL
Thai President Foods Plc
Thai Beverage Public Company Limited
Taokaenoi Food & Marketing Public Company Limited
T Thai Snacks Food Co., Ltd.
Srinanaporn Marketing Co., Ltd.
Singha Corp Co., Ltd.
Siam Deli Foods Co., Ltd.
PT. Yupi Indo Jelly Gum
PT. Mayora Indah, Tbk
Premier Marketing Public Co., Ltd.
Pongchit Co., Ltd.
Perfetti Van Melle Group
PepsiCo, Inc.
Osotspa Public Company Limited (OSP)
Nestle S.A.
Namchow Holdings Co., Ltd.
Morinaga & Company, Ltd.
Mondelez International Inc.
Monde Nissin Corporation (MNC)
Mars, Incorporated
Manora Food Industry Co., Ltd.
Mae-Ruay Factory Co., Ltd.
Lotte Corporation