Product Code: ETC034485 | 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 Organic Acids Market is poised for steady growth rate improvements from 2025 to 2029. From 2.63% in 2025, the growth rate steadily ascends to 10.92% in 2029.
The Organic Acids market in Thailand is projected to grow at a stable growth rate of 4.20% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The organic acids market in Thailand is expected to witness a considerable growth rate during the forecast period of 2025-2031. The growing demand for organic food products, increasing health awareness among consumers, and rising disposable incomes are some of the factors driving the growth of this market in Thailand. Moreover, government initiatives such as promoting organic farming and providing subsidies to farmers are also anticipated to boost the market growth during the forecast period.
Increasing consumer preference for clean label ingredients that are minimally processed and free from synthetic additives has propelled the demand for organic food products over traditional ones across different countries including Thailand. This factor is significantly contributing towards boosting sales of organic acids which are used as preservatives in various food items such as sauces, beer & wine production etc., thereby augmenting overall market growth. The per capita income level across several parts of Southeast Asia has increased at a rapid pace over recent years on account of steady economic development witnessed by numerous countries within this region including Thailand. This rise in per capita income coupled with increased spending habits has led to an upsurge in purchasing power amongst Thailand consumers thereby opening up further opportunities for business expansion within domestic markets.
One major challenge associated with producing high quality certified organic acids is high cost involved with processing activities that make it difficult to compete against conventional acid producers who offer their products at lower price points through mass production techniques using non-organic materials or chemicals.. As a result, many buyers tend to opt out from buying expensive certified organically produced versions leading towards decline in overall profit margins earned by manufacturers operating within this segment thus restraining future prospects for enterprise expansions within domestic marketplace settings across nations like Thailand.
Due to Covid 19 pandemic situation prevailing globally since March 2025, there have been massive disruptions caused due disruption supply chains and logistic operations affecting normal functioning commercial activities worldwide including those being operated by companies engaged in selling/distribution/manufacturing respective goods pertaining markets like Thailand Organic Acids Market too resulting into slowdown order placements received from customers leading towards decelerating rates experienced related revenue generation earned domestically alongwith increase observed related costs incurred while operating businesses safely under new normals conditions set iorder ensure safety workers employed working premises .
Some key players such as CPF Thailand Union Group PCL., Thailand FOOD INGREDIENT COMPANY LIMITED (TFI), Nipro Corporation Co LTD., Eco Green Co Ltd., Corbion Purac Asia Pacific Pte Ltd., Cargill Incorporated are expected to remain strong players in the Thailand Organic Acids Market post-COVID 19 pandemic.
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 Organic Acids Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Organic Acids Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Organic Acids Market - Industry Life Cycle |
3.4 Thailand Organic Acids Market - Porter's Five Forces |
3.5 Thailand Organic Acids Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Organic Acids Market Revenues & Volume Share, By Sources, 2021 & 2031F |
3.7 Thailand Organic Acids Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Thailand Organic Acids Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Organic Acids Market Trends |
6 Thailand Organic Acids Market, By Types |
6.1 Thailand Organic Acids Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Organic Acids Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Organic Acids Market Revenues & Volume, By Acetic Acid, 2021-2031F |
6.1.4 Thailand Organic Acids Market Revenues & Volume, By Citric Acid, 2021-2031F |
6.1.5 Thailand Organic Acids Market Revenues & Volume, By Formic Acid, 2021-2031F |
6.1.6 Thailand Organic Acids Market Revenues & Volume, By Lactic Acid, 2021-2031F |
6.1.7 Thailand Organic Acids Market Revenues & Volume, By Itaconic Acid, 2021-2031F |
6.1.8 Thailand Organic Acids Market Revenues & Volume, By Succinic Acid, 2021-2031F |
6.1.9 Thailand Organic Acids Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Thailand Organic Acids Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Organic Acids Market, By Sources |
6.2.1 Overview and Analysis |
6.2.2 Thailand Organic Acids Market Revenues & Volume, By Biomass, 2021-2031F |
6.2.3 Thailand Organic Acids Market Revenues & Volume, By Molasses, 2021-2031F |
6.2.4 Thailand Organic Acids Market Revenues & Volume, By Starch, 2021-2031F |
6.2.5 Thailand Organic Acids Market Revenues & Volume, By Chemical Synthesis, 2021-2031F |
6.2.6 Thailand Organic Acids Market Revenues & Volume, By Argo-Industrial Residue, 2021-2031F |
6.3 Thailand Organic Acids Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Thailand Organic Acids Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.3.3 Thailand Organic Acids Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.3.4 Thailand Organic Acids Market Revenues & Volume, By Chemical & Industrial, 2021-2031F |
6.3.5 Thailand Organic Acids Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.6 Thailand Organic Acids Market Revenues & Volume, By Personal Care, 2021-2031F |
6.3.7 Thailand Organic Acids Market Revenues & Volume, By Agriculture, 2021-2031F |
7 Thailand Organic Acids Market Import-Export Trade Statistics |
7.1 Thailand Organic Acids Market Export to Major Countries |
7.2 Thailand Organic Acids Market Imports from Major Countries |
8 Thailand Organic Acids Market Key Performance Indicators |
9 Thailand Organic Acids Market - Opportunity Assessment |
9.1 Thailand Organic Acids Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Organic Acids Market Opportunity Assessment, By Sources, 2021 & 2031F |
9.3 Thailand Organic Acids Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Thailand Organic Acids Market - Competitive Landscape |
10.1 Thailand Organic Acids Market Revenue Share, By Companies, 2024 |
10.2 Thailand Organic Acids Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |