Product Code: ETC217705 | 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 | |
The Thailand Tapioca Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Beginning strongly at -0.13% in 2025, growth softens to -0.49% in 2029.
The Tapioca market in Thailand is projected to grow at a negative growth rate of -0.19% 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.
Thailand`s Tapioca Market has a long history, with tapioca pearls being a key ingredient in popular beverages like bubble tea and traditional desserts. Tapioca starch and pearls are used in a variety of culinary applications, making them a crucial part of Thai cuisine. The market is driven by the demand for tapioca-based products both domestically and internationally.
The Thailand tapioca market is thriving due to various driving factors. Firstly, tapioca is a traditional and widely consumed ingredient in Thai cuisine, and its versatility in both savory and sweet dishes has contributed to its popularity. The export demand for tapioca products, such as tapioca pearls for bubble tea and tapioca starch for various food applications, has bolstered the market. Additionally, tapioca is perceived as a gluten-free and allergen-free alternative to wheat and other grains, appealing to health-conscious consumers. Furthermore, the growth of tapioca-based snack products, including chips and snacks, has diversified the market and expanded its consumer base.
While tapioca is a traditional Thai staple, the market faces challenges related to climate change. Tapioca cultivation heavily depends on weather conditions, and unpredictable rainfall patterns can impact yields. Additionally, price fluctuations in global commodity markets affect tapioca prices. Sustainability concerns, such as deforestation for tapioca farming, pose reputational risks for businesses in this market. Sustainable farming practices and diversifying tapioca-based products are essential for long-term growth.
The Thailand Tapioca market encountered several challenges as a result of the COVID-19 pandemic. The tapioca industry relies heavily on exports, and disruptions in global trade and logistics severely impacted the market. Closure of international borders and restrictions on movement also affected labor availability for tapioca cultivation and processing. However, domestic consumption of tapioca products, such as tapioca pearls for bubble tea and tapioca snacks, saw increased demand as people sought comfort food during lockdowns. The market`s recovery hinged on resolving supply chain issues and restoring international trade.
The Thailand tapioca market is characterized by numerous local and international players. One of the major players in this market is Thai Tapioca Development Institute (TTDI), which plays a pivotal role in promoting tapioca cultivation and processing in Thailand. Additionally, companies like Thai Wah Public Company Limited and Eiamheng Tapioca Starch Industry Co., Ltd. are key players in the tapioca starch production and export business.
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 Tapioca Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Tapioca Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Tapioca Market - Industry Life Cycle |
3.4 Thailand Tapioca Market - Porter's Five Forces |
3.5 Thailand Tapioca Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Tapioca Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.7 Thailand Tapioca Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Thailand Tapioca Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Thailand Tapioca Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Tapioca Market Trends |
6 Thailand Tapioca Market, By Types |
6.1 Thailand Tapioca Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Tapioca Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Thailand Tapioca Market Revenues & Volume, By Tapioca Starch, 2021-2031F |
6.1.4 Thailand Tapioca Market Revenues & Volume, By Tapioca Thippi, 2021-2031F |
6.1.5 Thailand Tapioca Market Revenues & Volume, By Tapioca milk residue, 2021-2031F |
6.1.6 Thailand Tapioca Market Revenues & Volume, By Tapioca Pearl / Sabudana, 2021-2031F |
6.1.7 Thailand Tapioca Market Revenues & Volume, By Tapioca Flour, 2021-2031F |
6.1.8 Thailand Tapioca Market Revenues & Volume, By Black Tapioca Pearl, 2021-2031F |
6.2 Thailand Tapioca Market, By Function |
6.2.1 Overview and Analysis |
6.2.2 Thailand Tapioca Market Revenues & Volume, By Bodying, 2021-2031F |
6.2.3 Thailand Tapioca Market Revenues & Volume, By Thickening, 2021-2031F |
6.2.4 Thailand Tapioca Market Revenues & Volume, By Binding, 2021-2031F |
6.2.5 Thailand Tapioca Market Revenues & Volume, By Stabilizer, 2021-2031F |
6.3 Thailand Tapioca Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Thailand Tapioca Market Revenues & Volume, By Fresh, 2021-2031F |
6.3.3 Thailand Tapioca Market Revenues & Volume, By Dried, 2021-2031F |
6.4 Thailand Tapioca Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Thailand Tapioca Market Revenues & Volume, By Food & beverages, 2021-2031F |
6.4.3 Thailand Tapioca Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.4.4 Thailand Tapioca Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.4.5 Thailand Tapioca Market Revenues & Volume, By Textiles Industry, 2021-2031F |
6.4.6 Thailand Tapioca Market Revenues & Volume, By Industrial, 2021-2031F |
7 Thailand Tapioca Market Import-Export Trade Statistics |
7.1 Thailand Tapioca Market Export to Major Countries |
7.2 Thailand Tapioca Market Imports from Major Countries |
8 Thailand Tapioca Market Key Performance Indicators |
9 Thailand Tapioca Market - Opportunity Assessment |
9.1 Thailand Tapioca Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Tapioca Market Opportunity Assessment, By Function, 2021 & 2031F |
9.3 Thailand Tapioca Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Thailand Tapioca Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Thailand Tapioca Market - Competitive Landscape |
10.1 Thailand Tapioca Market Revenue Share, By Companies, 2024 |
10.2 Thailand Tapioca Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |