Market Forecast By Flavor (Plain/Salted, Flavored), By Type (Baked, Fried), By Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Specialist Stores, Online Retail Stores, Other) And Competitive Landscape
Product Code: ETC029925 | Publication Date: Jul 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Thailand Potato Chips market currently, in 2023, has witnessed an HHI of 1425, Which has decreased moderately as compared to the HHI of 4499 in 2017. The market is moving towards highly competitive. 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.
Report Name | Thailand Potato Chips Market |
Forecast Period | 2025-2031 |
Market Size | USD 3.8 Billion by 2031 |
CAGR | 6.4% |
Growing Sector | Food and Beverage |
The Thailand Potato Chips market report thoroughly covers the market by flavor, by type and by distribution channel. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
In 2025, the Thailand Potato Chips market is valued at approximately $ 2.6 billion, with a projected compound annual growth rate (CAGR) of 6.4% over the next five years. Additionally, by 2031, the market is expected to reach around $ 3.8 billion. The food and beverage sector holds significant position in the overall market.
The potato chips market in Thailand has experienced steady growth, driven by a combination of changing consumer preferences and the increasing popularity of snacking, particularly among the younger population. As urbanization rises, the demand for convenient, ready-to-eat snacks like potato chips has surged, with consumers looking for quick and easily accessible food options. Major international brands such as Lays, Pringles, and Kettle Chips, alongside local players like Tao Kae Noi and Sunsnack, dominate the market, offering a wide range of flavors that cater to Thai tastes, including spicy and savory options. The market is supported by a well-established retail network, including supermarkets, convenience stores, and growing e-commerce platforms, making potato chips more widely available. Additionally, the trend toward healthier snacks are pushing companies to innovate with low-fat, baked, and reduced-sodium varieties to cater to health-conscious consumers.
According to 6Wresearch, Thailand Potato Chips market size is projected to grow at a CAGR of 6.4% during 2025-2031. The growth of the potato chips market in Thailand is driven by several key factors, including the increasing demand for convenient, on-the-go snacks as urbanization and busy lifestyles continue to rise. The young, tech-savvy population, influenced by Western snacking habits, is driving the shift toward ready-to-eat snack products like potato chips. The growing middle class and higher disposable incomes are also fueling this demand, as consumers are willing to spend more on premium, flavored, and innovative snack options. Additionally, the expansion of modern retail outlets such as supermarkets, convenience stores, and online platforms has made potato chips more accessible across urban and rural areas. However, the Thailand Potato Chips industry faces challenges such as the rising cost of raw materials, particularly potatoes, which can impact pricing and profitability. There is also growing competition from healthier snack alternatives, such as baked chips, low-fat options, and locally produced snacks, as health-conscious consumers seek out more nutritious choices. Moreover, fluctuations in global supply chains and food safety concerns can pose additional challenges for manufacturers in maintaining consistent product quality and supply. Despite these challenges, the market is poised for growth, driven by ongoing product innovations and evolving consumer preferences.
Health-Conscious Snacking - Increasing demand for healthier snack options, including baked chips, low-fat, and reduced-sodium varieties, driven by a shift toward more nutritious eating habits.
Flavor Innovation - Continued introduction of new, bold, and local flavors, such as spicy, sweet, and savory variants, tailored to Thai taste preferences.
Premium Products - Growing interest in premium, gourmet potato chips, with consumers willing to pay more for high-quality, unique, and artisanal snack offerings.
Convenience and On-the-Go Packaging - Increased demand for single-serve, portable packaging formats, catering to busy, on-the-go lifestyles, especially among younger consumers.
E-commerce Growth - Expanding sales through online platforms, as consumers increasingly turn to e-commerce for convenience and access to a wider variety of potato chips brands.
Healthier Snack Alternatives - Investing in the development of baked chips, low-fat, and organic potato chips to cater to the growing health-conscious consumer base.
Flavor Innovation - Capitalizing on local taste preferences by introducing new, unique, and spicy flavors that appeal to Thai consumers, as well as premium and gourmet flavor offerings.
Premium Product Lines - Expanding the premium snack segment with high-quality, artisanal potato chips that target the affluent, quality-seeking consumers.
Sustainable Packaging - Investing in eco-friendly packaging solutions to meet the increasing consumer demand for environmentally sustainable products and comply with regulations.
E-commerce and Online Retail - Leveraging the growing trend of online shopping to expand distribution channels and increase market reach, especially in underserved areas.
The Thailand potato chips market is dominated by both international and local brands, with major players including Lays and Pringles, which are widely available and offer a diverse range of flavors tailored to Thai tastes. Lays, owned by PepsiCo, remains the market leader, offering classic and locally inspired options like spicy flavors and Thai herbs. Pringles, a product of Kellogg's, also enjoys a strong market presence with its distinctive packaging and premium offerings. Local companies such as Tao Kae Noi have gained significant traction by introducing products that cater to Thai preferences, particularly with bold, spicy flavors. Sunsnack, another local brand, is also a strong contender, offering affordable and widely recognized snack options.
Additionally, some of these players hold majority of the Thailand Potato Chips market share. Moreover, the market also features regional players and private-label brands, which are increasingly gaining ground due to the rise in demand for cost-effective alternatives. These companies are focusing on innovation, quality, and localization to maintain their competitive edge in the growing market.
In Thailand, the potato chips market is regulated by several government bodies to ensure food safety, quality, and consumer protection. The Food and Drug Administration (FDA), under the Ministry of Public Health, oversees food safety regulations, ensuring that all food products, including potato chips, meet stringent standards for additives, preservatives, and contaminants. Manufacturers must comply with labeling regulations, which require clear and accurate nutritional information, such as calorie content, fat, and sodium levels, to help consumers make informed choices.
Additionally, the Thai Industrial Standards Institute (TISI) sets guidelines for food packaging, including the use of safe materials and hygienic production practices. Further, these initiatives have further boosted the Thailand Potato Chips market revenues. Furthermore, with growing concerns about health and the environment, the Thai government is also promoting sustainable practices, encouraging manufacturers to adopt eco-friendly packaging and reduce the use of harmful ingredients. These regulations ensure that the products meet the necessary health standards while also addressing consumer demand for more sustainable and health-conscious options.
The future of the potato chips market in Thailand looks promising, driven by the increasing demand for convenient snacks, particularly among the younger, urban population. As disposable incomes rise and consumer preferences shift towards healthier options, there will be a growing focus on offering low-fat, baked, and alternative ingredient chips, such as sweet potato or vegetable-based varieties. Innovations in flavors, with bold and locally inspired options, will continue to play a key role in capturing consumer interest.
The market is also expected to see significant growth through expanded distribution channels, including e-commerce and convenience stores, making potato chips more accessible to a broader consumer base. Furthermore, with rising environmental concerns, sustainability will be a major factor, with brands focusing on eco-friendly packaging and responsible sourcing. Overall, the market is poised for steady growth, driven by evolving consumer preferences, technological advancements, and a more health-conscious, sustainability-driven approach to production and consumption.
According to Ravi Bhandari, Research Head, 6Wresearch, the fried chips category in Thailand is expected to continue its growth, driven by the strong consumer preference for traditional, indulgent snacks. Despite the increasing popularity of healthier alternatives, fried chips remain a staple in the snack market due to their satisfying taste, texture, and affordability. Local brands, as well as international players like Lays and Pringles, continue to dominate the fried chips segment, offering a wide range of flavors that cater to Thai tastes, including spicy, savory, and sweet variants. The accessibility of fried chips through modern retail outlets, convenience stores, and online platforms further fuels their growth.
The convenience store distribution channel for potato chips in Thailand has witnessed significant growth, driven by changing consumer lifestyles and the increasing demand for quick, accessible snack options. With a growing number of busy, urban consumers seeking on-the-go snacks, convenience stores have become a key retail outlet for potato chips, offering extended hours, strategic locations, and easy access. Major convenience store chains like 7-Eleven and FamilyMart have expanded rapidly across the country, providing consumers with a wide selection of potato chip brands. The availability of snacks in these stores, often placed near checkout counters to encourage impulse buys, has boosted sales.
The Thailand Potato Chips market report provides a detailed analysis of the following market segments -
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 Potato Chips Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Potato Chips Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Potato Chips Market - Industry Life Cycle |
3.4 Thailand Potato Chips Market - Porter's Five Forces |
3.5 Thailand Potato Chips Market Revenues & Volume Share, By Flavor, 2021 & 2031F |
3.6 Thailand Potato Chips Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Thailand Potato Chips Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Thailand Potato Chips Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Potato Chips Market Trends |
6 Thailand Potato Chips Market, By Types |
6.1 Thailand Potato Chips Market, By Flavor |
6.1.1 Overview and Analysis |
6.1.2 Thailand Potato Chips Market Revenues & Volume, By Flavor, 2021-2031F |
6.1.3 Thailand Potato Chips Market Revenues & Volume, By Plain/Salted, 2021-2031F |
6.1.4 Thailand Potato Chips Market Revenues & Volume, By Flavored, 2021-2031F |
6.2 Thailand Potato Chips Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Potato Chips Market Revenues & Volume, By Baked, 2021-2031F |
6.2.3 Thailand Potato Chips Market Revenues & Volume, By Fried, 2021-2031F |
6.3 Thailand Potato Chips Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Thailand Potato Chips Market Revenues & Volume, By Supermarket/Hypermarket, 2021-2031F |
6.3.3 Thailand Potato Chips Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.4 Thailand Potato Chips Market Revenues & Volume, By Specialist Stores, 2021-2031F |
6.3.5 Thailand Potato Chips Market Revenues & Volume, By Online Retail Stores, 2021-2031F |
6.3.6 Thailand Potato Chips Market Revenues & Volume, By Other, 2021-2031F |
7 Thailand Potato Chips Market Import-Export Trade Statistics |
7.1 Thailand Potato Chips Market Export to Major Countries |
7.2 Thailand Potato Chips Market Imports from Major Countries |
8 Thailand Potato Chips Market Key Performance Indicators |
9 Thailand Potato Chips Market - Opportunity Assessment |
9.1 Thailand Potato Chips Market Opportunity Assessment, By Flavor, 2021 & 2031F |
9.2 Thailand Potato Chips Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Thailand Potato Chips Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Thailand Potato Chips Market - Competitive Landscape |
10.1 Thailand Potato Chips Market Revenue Share, By Companies, 2024 |
10.2 Thailand Potato Chips Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |