Thailand Livestock Market (2025-2031) Outlook | Revenue, Analysis, Value, Trends, Forecast, Growth, Size, Share, Industry & Companies

Market Forecast By Animal Type (Ruminants, Poultry, Swine, Aquaculture) And Competitive Landscape
Product Code: ETC386965 Publication Date: Aug 2022 Updated Date: Feb 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Thailand Livestock Market Synopsis

The livestock market in Thailand is a significant component of the country`s agricultural sector. It encompasses a wide range of animals, including cattle, poultry, pigs, and goats. Thailand has a well-established livestock industry that serves both domestic consumption and exports. The market is influenced by factors such as dietary preferences, cultural practices, and economic conditions. In recent years, there has been a growing emphasis on sustainable and organic livestock farming practices to meet evolving consumer demands for ethically raised and environmentally friendly meat products.

Drivers of the Market

The livestock market in Thailand is influenced by several key drivers. Firstly, the country`s growing population and rising income levels have increased the demand for meat and dairy products. This has led to an expansion of livestock farming activities to meet the growing consumption needs. Moreover, the Thai government has actively promoted livestock farming as a means of income generation for rural communities, providing subsidies and incentives to encourage farmers to enter the sector. Additionally, exports of Thai livestock products, particularly chicken and pork, have seen a surge in demand from international markets, driven by Thailand reputation for quality and food safety standards. The livestock market is also influenced by changing consumer preferences, with a shift towards organic and ethically sourced products, further driving innovation and investment in the sector.

Challenges of the Market

The Thailand livestock market faces various challenges, including concerns related to animal health, disease outbreaks, and changing consumer preferences. Disease outbreaks, such as avian influenza or foot-and-mouth disease, can disrupt the market and lead to trade restrictions. Additionally, as consumers become more health-conscious, there is a growing demand for organic and ethically raised livestock, which may require changes in production practices. Balancing these concerns while maintaining competitive pricing is a significant challenge for the livestock industry.

COVID-19 Impact on the Market

The COVID-19 pandemic had mixed effects on Thailand livestock market. In the initial phases of the pandemic, disruptions in supply chains and transportation led to shortages of livestock feed and veterinary supplies. This adversely affected the health and growth of livestock. Additionally, lockdowns and movement restrictions hampered the operation of livestock farms and processing facilities. However, with a growing demand for meat and dairy products at the consumer level, there was also increased interest in backyard farming and small-scale livestock rearing. This shift in consumer behavior may lead to long-term changes in the livestock market in Thailand.

Key Players in the Market

In the broader livestock industry, key players include Charoen Pokphand Foods Public Company Limited (CPF), Betagro Group, and the Thai subsidiary of Cargill, among others. These companies have significant market shares in the production and distribution of various livestock products, including poultry, pork, and cattle.

Key Highlights of the Report:

  • Thailand Livestock Market Outlook
  • Market Size of Thailand Livestock Market, 2024
  • Forecast of Thailand Livestock Market, 2031
  • Historical Data and Forecast of Thailand Livestock Revenues & Volume for the Period 2021-2031
  • Thailand Livestock Market Trend Evolution
  • Thailand Livestock Market Drivers and Challenges
  • Thailand Livestock Price Trends
  • Thailand Livestock Porter's Five Forces
  • Thailand Livestock Industry Life Cycle
  • Historical Data and Forecast of Thailand Livestock Market Revenues & Volume By Animal Type for the Period 2021-2031
  • Historical Data and Forecast of Thailand Livestock Market Revenues & Volume By Ruminants for the Period 2021-2031
  • Historical Data and Forecast of Thailand Livestock Market Revenues & Volume By Poultry for the Period 2021-2031
  • Historical Data and Forecast of Thailand Livestock Market Revenues & Volume By Swine for the Period 2021-2031
  • Historical Data and Forecast of Thailand Livestock Market Revenues & Volume By Aquaculture for the Period 2021-2031
  • Thailand Livestock Import Export Trade Statistics
  • Market Opportunity Assessment By Animal Type
  • Thailand Livestock Top Companies Market Share
  • Thailand Livestock Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Livestock Company Profiles
  • Thailand Livestock Key Strategic Recommendations
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