Product Code: ETC015405 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Thailand Cocoa Beans market currently, in 2023, has witnessed an HHI of 5950, Which has increased moderately as compared to the HHI of 1830 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Thailand is the fourth-largest producer of cocoa beans in Asia, and ranks 23rd among the world`s largest producers. The country has a small but growing cocoa sector that produces several varieties of cocoa beans for industrial and artisanal use. In recent years, Thailand has seen an increase in its production and export of cocoa beans due to increased investments from foreign companies as well as government initiatives to promote sustainable agricultural practices in rural areas.
The main drivers for growth in the Thailand Cocoa Beans Market are increasing global demand for high-quality chocolate products, improved access to markets through trade agreements with other countries such as China, India and Indonesia, favorable government policies encouraging sustainable farming practices, increased investment by foreign companies into domestic manufacturing facilities, advancements in technology resulting in higher yields per hectare of land used for cultivation and rising awareness about health benefits associated with consuming dark chocolate. Additionally, rising urbanization rates across Southeast Asia have led to greater purchasing power among consumers which will further drive up demand for premium quality chocolate products made using Thailand Cocoa Beans.
Despite these positive factors contributing to market growth there are some challenges that need to be addressed if Thailand is going to remain competitive within the global Cocoa Bean market. These include low prices received by farmers due to limited bargaining power against large trading firms who control majority portion of profits generated from sales, lack of access to credit needed invest into equipment or supplies required for farming activities, inadequate infrastructure including roads leading out from farms located deep within rural regions ad vulnerability facing smaller players who struggle under pressure from larger competitors when competing over resources such as labor force .
The Covid-19 pandemic had caused disruptions throughout many industries globally including supply chain issues reducing availability of raw materials needed by manufacturers based both locally or abroad causing delays on goods being delivered on time.This has not only impacted manufacturers directly but also growers since they receive lower prices when unable sell their produce at regular intervals thus creating financial hardships amongst them.Additionally other problems faced include reduced consumer spending leading down turn production levels impacting profitability across all participants involved food processing industry .
Some key players operating within Thailand Cocoa Bean market include Cacao Barry (Thai) Co., Ltd., Nestle Siam Ltd., Olam International Limited (Thailand Branch), Mondelez Philippines Corporation (manufacturing plant located near Bangkok)
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 Cocoa Beans Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Cocoa Beans Market Revenues & Volume, 2020 & 2030F |
3.3 Thailand Cocoa Beans Market - Industry Life Cycle |
3.4 Thailand Cocoa Beans Market - Porter's Five Forces |
3.5 Thailand Cocoa Beans Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 Thailand Cocoa Beans Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.7 Thailand Cocoa Beans Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 Thailand Cocoa Beans Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Cocoa Beans Market Trends |
6 Thailand Cocoa Beans Market, By Types |
6.1 Thailand Cocoa Beans Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Cocoa Beans Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 Thailand Cocoa Beans Market Revenues & Volume, By Butter, 2020-2030F |
6.1.4 Thailand Cocoa Beans Market Revenues & Volume, By Powder, 2020-2030F |
6.1.5 Thailand Cocoa Beans Market Revenues & Volume, By Liquor, 2020-2030F |
6.2 Thailand Cocoa Beans Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Cocoa Beans Market Revenues & Volume, By Confectionery, 2020-2030F |
6.2.3 Thailand Cocoa Beans Market Revenues & Volume, By Functional Food & Beverage, 2020-2030F |
6.2.4 Thailand Cocoa Beans Market Revenues & Volume, By Pharmaceuticals, 2020-2030F |
6.2.5 Thailand Cocoa Beans Market Revenues & Volume, By Cosmetics, 2020-2030F |
6.3 Thailand Cocoa Beans Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Thailand Cocoa Beans Market Revenues & Volume, By Online, 2020-2030F |
6.3.3 Thailand Cocoa Beans Market Revenues & Volume, By Offline, 2020-2030F |
7 Thailand Cocoa Beans Market Import-Export Trade Statistics |
7.1 Thailand Cocoa Beans Market Export to Major Countries |
7.2 Thailand Cocoa Beans Market Imports from Major Countries |
8 Thailand Cocoa Beans Market Key Performance Indicators |
9 Thailand Cocoa Beans Market - Opportunity Assessment |
9.1 Thailand Cocoa Beans Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 Thailand Cocoa Beans Market Opportunity Assessment, By Application, 2020 & 2030F |
9.3 Thailand Cocoa Beans Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 Thailand Cocoa Beans Market - Competitive Landscape |
10.1 Thailand Cocoa Beans Market Revenue Share, By Companies, 2023 |
10.2 Thailand Cocoa Beans Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |