| Product Code: ETC180224 | Publication Date: Jan 2022 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Thailand import trend for the chocolate syrup market showed a growth rate of 5.02% from 2023 to 2024, with a compound annual growth rate (CAGR) of 1.74% from 2020 to 2024. This uptick in import momentum can be attributed to an increasing demand for chocolate products in the region, reflecting a favorable market stability for chocolate syrup imports during this period.

The chocolate syrup market in Thailand has grown significantly over the past few years. The total value of the chocolate syrup market was estimated at around USD 36 million, representing an increase of around 18% compared to 2019. The growth is mainly due to rising disposable incomes and a growing preference for convenience foods such as ice cream and other desserts that use chocolate syrups as ingredients. Moreover, increasing health consciousness among consumers has resulted in an increased demand for healthier alternatives like organic or sugar-free variations of chocolate syrups.
In the Thailand chocolate syrup market, the popularity of chocolate-flavored treats and beverages contributes to the market`s growth. Chocolate syrup`s use in desserts, milkshakes, and coffee beverages drives its demand, especially among the younger population.
The Thailand chocolate syrup market contends with rising health-consciousness among consumers, leading to a shift in preferences towards healthier and lower-sugar alternatives. Balancing taste, texture, and nutritional profiles while adapting to changing consumer preferences presents a significant challenge for manufacturers.
As a complement to beverages and desserts, chocolate syrup holds potential. Businesses can venture into producing natural and flavored chocolate syrups, appealing to cafes, dessert shops, and home bakers alike.
The chocolate syrup market witnessed shifts in consumer preferences as people turned to more home-cooked meals and desserts. While the retail sector experienced increased demand for chocolate products, the closure of foodservice establishments impacted the sale of products using chocolate syrup as an ingredient.
Thailand chocolate syrup market key players include Hershey (Thailand) Ltd. and Mondelez International contribute to the production and distribution of chocolate syrups used as toppings and flavorings.
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 Chocolate Syrup Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Chocolate Syrup Market Revenues & Volume, 2020 & 2030F |
3.3 Thailand Chocolate Syrup Market - Industry Life Cycle |
3.4 Thailand Chocolate Syrup Market - Porter's Five Forces |
3.5 Thailand Chocolate Syrup Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Thailand Chocolate Syrup Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 Thailand Chocolate Syrup Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Chocolate Syrup Market Trends |
6 Thailand Chocolate Syrup Market, By Types |
6.1 Thailand Chocolate Syrup Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Chocolate Syrup Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Thailand Chocolate Syrup Market Revenues & Volume, By Conventional, 2020-2030F |
6.1.4 Thailand Chocolate Syrup Market Revenues & Volume, By Organic, 2020-2030F |
6.2 Thailand Chocolate Syrup Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Thailand Chocolate Syrup Market Revenues & Volume, By Grocery Stores, 2020-2030F |
6.2.3 Thailand Chocolate Syrup Market Revenues & Volume, By Hypermarket or Supermarket, 2020-2030F |
6.2.4 Thailand Chocolate Syrup Market Revenues & Volume, By e-Commerce Platform, 2020-2030F |
7 Thailand Chocolate Syrup Market Import-Export Trade Statistics |
7.1 Thailand Chocolate Syrup Market Export to Major Countries |
7.2 Thailand Chocolate Syrup Market Imports from Major Countries |
8 Thailand Chocolate Syrup Market Key Performance Indicators |
9 Thailand Chocolate Syrup Market - Opportunity Assessment |
9.1 Thailand Chocolate Syrup Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Thailand Chocolate Syrup Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 Thailand Chocolate Syrup Market - Competitive Landscape |
10.1 Thailand Chocolate Syrup Market Revenue Share, By Companies, 2023 |
10.2 Thailand Chocolate Syrup Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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