Product Code: ETC039966 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Flour Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 3.65% in 2025 and reaches 16.07% by 2029.
By 2027, Thailand's Flour market is forecasted to achieve a growing growth rate of 6.19%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
Thailand is one of the world???s major exporters of flour, with a share of 3.1% in 2025-2031. The Thailand flour market has shown steady growth over the last few years due to rising demand for ready-to-eat snacks and convenience food products, increasing consumption of bakery items, higher disposable incomes among consumers, and growing awareness about health benefits associated with wheat flour. Additionally, government initiatives such as ???one village one product??? have been promoting local production and distribution of agricultural commodities including wheat flour.
The key drivers for the Thailand Flour Market are rapidly changing consumer preferences towards healthy diets that include baked goods made from whole grains; an increase in demand for convenience foods; government subsidies on wheat production; increased domestic consumption; strong presence in export markets across Asia Pacific countries such as Vietnam, Laos and Cambodia; introduction of innovative products by manufacturers which meet diversified needs like gluten free flours etc.; availability of locally produced organic flours at competitive prices etc.
One challenge faced by players operating in this market is stiff competition from imported varieties available at lower prices than locally produced ones due to tariffs imposed by Thailand Ministry Of Commerce (MOC). Moreover regulations related to labeling requirements which differ between regions may also prove difficult for companies wishing to expand into new markets within or outside Thailand. Furthermore fluctuations in global grain yields can lead to supply shortages resulting in price hikes affecting both producers & consumers alike.
Due to COVID 19 pandemic there was reduction in sale volumes especially during lockdown period when restaurants & bakeries were closed down leading to reduced off take & corresponding decrease in revenue generation however later on after June 2025 situation started improving gradually MOC providing support through various measures allowed import duty exemption for raw materials used while other important measures taken up included providing special credit facilities so that millers could purchase raw material without facing any financial problems.Hence overall impact though negative but not very severe as industry bounced back soon after relaxations being provided.
Major players operating in this market are Charoen Pokphand Foods PCL, Betagro Group, Tipco Asphalt Public Company Limited, Global Agri Trade Co Ltd along with many regional small scale companies operating across different states .
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 Flour Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Flour Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Flour Market - Industry Life Cycle |
3.4 Thailand Flour Market - Porter's Five Forces |
3.5 Thailand Flour Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Thailand Flour Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 Thailand Flour Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Thailand Flour Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Flour Market Trends |
6 Thailand Flour Market, By Types |
6.1 Thailand Flour Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Thailand Flour Market Revenues & Volume, By Raw Material, 2021-2031F |
6.1.3 Thailand Flour Market Revenues & Volume, By Wheat, 2021-2031F |
6.1.4 Thailand Flour Market Revenues & Volume, By Rice, 2021-2031F |
6.1.5 Thailand Flour Market Revenues & Volume, By Maize, 2021-2031F |
6.1.6 Thailand Flour Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Flour Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Thailand Flour Market Revenues & Volume, By Bread & Bakery Products, 2021-2031F |
6.2.3 Thailand Flour Market Revenues & Volume, By Noodles & Pasta, 2021-2031F |
6.2.4 Thailand Flour Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.5 Thailand Flour Market Revenues & Volume, By Wafers, Crackers, & Biscuits, 2021-2031F |
6.2.6 Thailand Flour Market Revenues & Volume, By Non-Food Application, 2021-2031F |
6.2.7 Thailand Flour Market Revenues & Volume, By Others, 2021-2031F |
6.3 Thailand Flour Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Thailand Flour Market Revenues & Volume, By Dry Technology, 2021-2031F |
6.3.3 Thailand Flour Market Revenues & Volume, By Wet Technology, 2021-2031F |
7 Thailand Flour Market Import-Export Trade Statistics |
7.1 Thailand Flour Market Export to Major Countries |
7.2 Thailand Flour Market Imports from Major Countries |
8 Thailand Flour Market Key Performance Indicators |
9 Thailand Flour Market - Opportunity Assessment |
9.1 Thailand Flour Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Thailand Flour Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3 Thailand Flour Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Thailand Flour Market - Competitive Landscape |
10.1 Thailand Flour Market Revenue Share, By Companies, 2024 |
10.2 Thailand Flour Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |