Product Code: ETC042485 | 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 Fluid Milk market currently, in 2023, has witnessed an HHI of 4149, Which has increased moderately as compared to the HHI of 3709 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.
The Thailand fluid milk market is estimated to witness a significant growth during the forecast period 2020-2026. The increasing health awareness amongst consumers and growing demand for dairy products are some of the major factors driving the market growth in this region. Additionally, rising urbanization coupled with changing lifestyles has further increased the consumption of dairy products such as fluid milk in Thailand. Moreover, leading manufacturers are focusing on launching innovative product offerings which will have a positive impact on the overall market in this region.
One of the key drivers for this market is an increase in consumer health consciousness. This has boosted demand for healthy food items like dairy products including fluid milk across Thailand households, thereby fueling growth of Thailand fluid milk market over recent years. There has been a growing demand for various types of dairy products due to high nutritional value associated with them and improved living standards along with rising disposable income among Thais resulting in rising purchasing power. This factor is expected to propel sales volume & revenue growth throughout 2020-2026 time frame across Thailand markets especially those dealing with fluid milk products specifically. Another factor contributing towards rapid development of Thailand Fluid Milk Market includes rapid urbanization combined with evolving lifestyle trends across major cities and townships within nation; thereby increasing penetration rate & subsequently driving revenues from sales generated by organized retail stores (supermarkets/hypermarkets).
A significant challenge faced by players operating within local industry settings involves presence strong competition from unorganized retailers as well as imported branded goods available at lower prices than locally produced counterparts; thus limiting potential profits margins despite large scale production volumes achieved by domestic firms operating within space pertaining to sale & distribution channels established countrywide basis here .
The COVID - 19 pandemic had resulted in disruption related supply chain operations since majority commercial activities were halted during initial stages related outbreak while restrictions posed upon movement people caused decline customer footfall shared spaces; consequently affecting global economy at large scale.Consequences caused pandemic had far reaching implications even spread into industries influencing respective business scenarios worldwide ; more so impacting near future outlook associated stability particular sectors, which case study discussed stands no exception.
Key players operating in the Thailand fluid milk market include CP Group (CPF), Dutch Lady Milk Industries Berhad, Friesland Campina Food Ingredients BV (FCFI), Meiji Holdings Co., Ltd., Kirin Company Limited (Kirin), Nestle S.A., Milmeen Dairy Products Co., Ltd., Cargill Incorporated, Mitr Phol Group Company Limited, and Mega Lifesciences Public Company Limited(MEGA). These companies are focusing heavily on product innovation to differentiate themselves from competitors while also providing cost-effective solutions for consumers amid rising competition within the industry. They are incorporating healthy ingredients like probiotics into their offerings or launching functional milks such as lactose-free or plant-based options; both strategies are helping them gain higher consumer engagement levels despite challenging trading conditions caused by Covid-19
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 Fluid Milk Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Fluid Milk Market Revenues & Volume, 2020 & 2030F |
3.3 Thailand Fluid Milk Market - Industry Life Cycle |
3.4 Thailand Fluid Milk Market - Porter's Five Forces |
3.5 Thailand Fluid Milk Market Revenues & Volume Share, By Source, 2020 & 2030F |
3.6 Thailand Fluid Milk Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.7 Thailand Fluid Milk Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.8 Thailand Fluid Milk Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 Thailand Fluid Milk Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Fluid Milk Market Trends |
6 Thailand Fluid Milk Market, By Types |
6.1 Thailand Fluid Milk Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Thailand Fluid Milk Market Revenues & Volume, By Source, 2020-2030F |
6.1.3 Thailand Fluid Milk Market Revenues & Volume, By Cow Milk, 2020-2030F |
6.1.4 Thailand Fluid Milk Market Revenues & Volume, By Ship Milk, 2020-2030F |
6.1.5 Thailand Fluid Milk Market Revenues & Volume, By Goat Milk, 2020-2030F |
6.1.6 Thailand Fluid Milk Market Revenues & Volume, By Buffalo Milk, 2020-2030F |
6.2 Thailand Fluid Milk Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Fluid Milk Market Revenues & Volume, By Whole Milk, 2020-2030F |
6.2.3 Thailand Fluid Milk Market Revenues & Volume, By Low Fat Milk, 2020-2030F |
6.2.4 Thailand Fluid Milk Market Revenues & Volume, By Reduced Fat Milk, 2020-2030F |
6.2.5 Thailand Fluid Milk Market Revenues & Volume, By Skim Milk, 2020-2030F |
6.2.6 Thailand Fluid Milk Market Revenues & Volume, By Cultured Buttermilk, 2020-2030F |
6.2.7 Thailand Fluid Milk Market Revenues & Volume, By Lactose Free Milk, 2020-2030F |
6.3 Thailand Fluid Milk Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Thailand Fluid Milk Market Revenues & Volume, By Fortified Milk, 2020-2030F |
6.3.3 Thailand Fluid Milk Market Revenues & Volume, By Flavored Dairy Milk, 2020-2030F |
6.3.4 Thailand Fluid Milk Market Revenues & Volume, By Yogurts, 2020-2030F |
6.3.5 Thailand Fluid Milk Market Revenues & Volume, By Cheese, 2020-2030F |
6.3.6 Thailand Fluid Milk Market Revenues & Volume, By Creams, 2020-2030F |
6.3.7 Thailand Fluid Milk Market Revenues & Volume, By Frozen Desserts, 2020-2030F |
6.4 Thailand Fluid Milk Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Thailand Fluid Milk Market Revenues & Volume, By Supermarket, 2020-2030F |
6.4.3 Thailand Fluid Milk Market Revenues & Volume, By Convenience Stores, 2020-2030F |
6.4.4 Thailand Fluid Milk Market Revenues & Volume, By Food Speciality Stores, 2020-2030F |
6.4.5 Thailand Fluid Milk Market Revenues & Volume, By Others, 2020-2030F |
7 Thailand Fluid Milk Market Import-Export Trade Statistics |
7.1 Thailand Fluid Milk Market Export to Major Countries |
7.2 Thailand Fluid Milk Market Imports from Major Countries |
8 Thailand Fluid Milk Market Key Performance Indicators |
9 Thailand Fluid Milk Market - Opportunity Assessment |
9.1 Thailand Fluid Milk Market Opportunity Assessment, By Source, 2020 & 2030F |
9.2 Thailand Fluid Milk Market Opportunity Assessment, By Type, 2020 & 2030F |
9.3 Thailand Fluid Milk Market Opportunity Assessment, By Application, 2020 & 2030F |
9.4 Thailand Fluid Milk Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 Thailand Fluid Milk Market - Competitive Landscape |
10.1 Thailand Fluid Milk Market Revenue Share, By Companies, 2023 |
10.2 Thailand Fluid Milk Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |