Thailand Meat - Market Assessment and Forecasts to 2028
Summary
The Thai meat sector is expected to grow from THB168.3 billion ($4,834.6 million) in 2023 to TBH192.8 billion ($5.688.1 million) in 2028, growing at a CAGR of 2.8%. In volume terms, the sector is expected to grow from 658.6 million kg in 2023 to 704.2 million kg in 2028, growing at a CAGR of 1.3%. Fresh meat (counter) was the largest category in both value and volume, while ambient meat is forecast to register the fastest value growth, followed by cooked meats - packaged. Among distribution channels, food and drink specialists was the largest distribution channel. Flexible packaging is the most used pack material in the Thai meat sector, followed by rigid plastics, and rigid metal. Key players driving the market include Betagro Co., Ltd, Charoen Pokphand Group, and Saha Farms Company.
Scope
The per capita consumption of fresh meat (counter) was higher in the Thailand compared to other meat categories in 2023
Food & drinks specialists was the leading distribution channel in the Thai meat sector, with a value share of 72% in 2023
Flexible packaging accounted for a share of 48.7% in 2023
Reasons to Buy
Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.
Report Scope
Executive Summary
Market Environment
Value and Volume Share of in the Global and Asia-Pacific Markets
Growth Analysis of Thailand Compared to Other Leading Countries in the Asia-Pacific Market
PCC and PCE of Thailand Compared to the Global and Asia-Pacific Markets
Sector Deep Dive
Thailand Meat Sector Snapshot
Market Size Analysis
Cross-Category Comparison - Value Growth Analysis and Category Winners and Losers
Cross-Category Comparison - Volume Growth Analysis and Category Winners and Losers
Category Deep Dive
Per Capita Consumption Analysis by Category
Market Size Analysis - Category: Ambient Meat
Segment-level Analysis (In Value Terms) - Ambient Meat
Segment-level Analysis (In Volume Terms) - Ambient Meat