Product Code: ETC035205 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand cattle feed and feed concentrate market is estimated to reach a value of USD xxx billion by 2031, growing at a CAGR of xx%. The growth in the market is driven by an increase in livestock population, rising disposable income leading to increased demand for quality animal proteins and dairy products. Moreover, government initiatives such as those related to food safety regulations are expected to drive the growth of this market during the forecast period.
The Thailand livestock population has increased significantly over the past two decades due to increasing demand for meat and milk consumption coupled with government policies supporting livestock farming. This has resulted in higher demand for cattle feeds and concentrates which will likely propel its market growth during the forecast period. With increasing incomes amongst urban households across Thailand, there has been an increase in demand for dairy products like cheese and yoghurt among consumers who prefer high-protein diets that require good quality animal protein sources like beef or fish that can be supplied through cattle feeds or feed concentrates. This factor is expected to boost the sales volume of these products substantially over the coming years making it one of biggest drivers behind its anticipated growth rate during 2025-2031 time frame.
Cattle feed production involves significant cost associated with raw material procurement as well as storage facilities prior processing them into concentrated form leading further costs toward transportation & logistics while distributing them eventually adding up total costs incurred throughout entire supply chain making it highly expensive product type compared other alternatives available resulting into small customer base willing buy them further challenging their sales volumes prospects down line particularly amid intensifying competition from local players offering similar grade quality but much cheaper price points than those offered by branded counterparts operating within same sector domain thereby creating scarcity opportunities existing potential customers endangering overall industry profitability ratio long run timeline if not addressed properly on timely basis.
The COVID-19 pandemic has had a negative effect on global markets including Thailand cattle feeds & concentrates industry due to disruptions involving both upstream suppliers (raw materials) and downstream buyers (supply chain partners). As many companies have temporarily halted manufacturing operations, they have reduced their orders for inputs such as grains used for producing these types of feeds which affects availability & pricing structure compromising profitability ratios concerning involved stakeholders ultimately hampering respective business.
Major players operating within the Thailand cattle feed and feed concentrate market include Charoen Pokphand Foods PLC (CPF), Betagro Group, United Feeds PCL., Rangkoon Co Ltd., Thailand Union Frozen Products PLC., Kaset Thailand International Co Ltd., Japfa Comfeed (Thailand) Public Company Limited, Wanwisa Livestock & Agribusiness Co Ltd., Alltech Thailand Co Ltd., Whitewave Foods Company (Thailand) Limited and others.
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 Cattle feeds and Feed Concentrates Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Cattle feeds and Feed Concentrates Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Cattle feeds and Feed Concentrates Market - Industry Life Cycle |
3.4 Thailand Cattle feeds and Feed Concentrates Market - Porter's Five Forces |
3.5 Thailand Cattle feeds and Feed Concentrates Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Cattle feeds and Feed Concentrates Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Thailand Cattle feeds and Feed Concentrates Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Thailand Cattle feeds and Feed Concentrates Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Cattle feeds and Feed Concentrates Market Trends |
6 Thailand Cattle feeds and Feed Concentrates Market, By Types |
6.1 Thailand Cattle feeds and Feed Concentrates Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Cattle feeds and Feed Concentrates Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Thailand Cattle feeds and Feed Concentrates Market Revenues & Volume, By Straights, 2021-2031F |
6.1.4 Thailand Cattle feeds and Feed Concentrates Market Revenues & Volume, By Blends, 2021-2031F |
6.1.5 Thailand Cattle feeds and Feed Concentrates Market Revenues & Volume, By Compounds, 2021-2031F |
6.2 Thailand Cattle feeds and Feed Concentrates Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Thailand Cattle feeds and Feed Concentrates Market Revenues & Volume, By Hypermarkets/Supermarkets, 2021-2031F |
6.2.3 Thailand Cattle feeds and Feed Concentrates Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.4 Thailand Cattle feeds and Feed Concentrates Market Revenues & Volume, By Retail Stores, 2021-2031F |
6.2.5 Thailand Cattle feeds and Feed Concentrates Market Revenues & Volume, By Online Stores, 2021-2031F |
6.3 Thailand Cattle feeds and Feed Concentrates Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Thailand Cattle feeds and Feed Concentrates Market Revenues & Volume, By Household (Retail), 2021-2031F |
6.3.3 Thailand Cattle feeds and Feed Concentrates Market Revenues & Volume, By Commercial, 2021-2031F |
7 Thailand Cattle feeds and Feed Concentrates Market Import-Export Trade Statistics |
7.1 Thailand Cattle feeds and Feed Concentrates Market Export to Major Countries |
7.2 Thailand Cattle feeds and Feed Concentrates Market Imports from Major Countries |
8 Thailand Cattle feeds and Feed Concentrates Market Key Performance Indicators |
9 Thailand Cattle feeds and Feed Concentrates Market - Opportunity Assessment |
9.1 Thailand Cattle feeds and Feed Concentrates Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Cattle feeds and Feed Concentrates Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Thailand Cattle feeds and Feed Concentrates Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Thailand Cattle feeds and Feed Concentrates Market - Competitive Landscape |
10.1 Thailand Cattle feeds and Feed Concentrates Market Revenue Share, By Companies, 2024 |
10.2 Thailand Cattle feeds and Feed Concentrates Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |