Plant-based dairy is expected to continue growing in popularity in Thailand in 2024. This growth is driven by an increasing number of consumers seeking alternatives to cow's milk due to health reasons, concerns about animal welfare, environmental sustainability, and allergies or intolerances. The rising availability of plant-based options in supermarkets, restaurants, and online stores, as well as in cafés and restaurants, is reflective of this trend. As more retailers and foodservice providers...
Euromonitor International's Plant-based Dairy in Thailand report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2019-2023, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2028, clearly indicating how the market is expected to change.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Plant-based Dairy market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Plant-Based Dairy in Thailand
Euromonitor International
August 2024
List Of Contents And Tables
PLANT-BASED DAIRY IN THAILAND
KEY DATA FINDINGS
2024 DEVELOPMENTS
Health and wellness trends boost demand for plant-based dairy products
Affordable soy drinks remain dominant in the market
Players expand beyond soy drinks with value-added alternatives
PROSPECTS AND OPPORTUNITIES
Competition in other plant-based milk is set to intensify, as a variety of local and international brands enter the market
Demand for almond milk could be negatively impacted by environmental concerns
Modern trade remains a key channel for plant-based distribution.
CATEGORY DATA
Table 1 Sales of Plant-Based Dairy by Category: Value 2019-2024
Table 2 Sales of Plant-Based Dairy by Category: % Value Growth 2019-2024
Table 3 Sales of Other Plant-Based Milk by Type: % Value 2021-2024
Table 4 NBO Company Shares of Plant-Based Dairy: % Value 2020-2024
Table 5 LBN Brand Shares of Plant-Based Dairy: % Value 2021-2024
Table 6 Distribution of Plant-Based Dairy by Format: % Value 2019-2024
Table 7 Forecast Sales of Plant-Based Dairy by Category: Value 2024-2029
Table 8 Forecast Sales of Plant-Based Dairy by Category: % Value Growth 2024-2029
DAIRY PRODUCTS AND ALTERNATIVES IN THAILAND
EXECUTIVE SUMMARY
Dairy products and alternatives in 2024: The big picture
Key trends in 2024
Competitive landscape
Channel developments
What next for dairy products and alternatives?
MARKET DATA
Table 9 Sales of Dairy Products and Alternatives by Category: Value 2019-2024
Table 10 Sales of Dairy Products and Alternatives by Category: % Value Growth 2019-2024
Table 11 NBO Company Shares of Dairy Products and Alternatives: % Value 2020-2024
Table 12 LBN Brand Shares of Dairy Products and Alternatives: % Value 2021-2024
Table 13 Penetration of Private Label by Category: % Value 2019-2024
Table 14 Distribution of Dairy Products and Alternatives by Format: % Value 2019-2024
Table 15 Forecast Sales of Dairy Products and Alternatives by Category: Value 2024-2029
Table 16 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2024-2029