The Thailand Foodservice Market is segmented by Foodservice Type (Cafes & Bars, Cloud Kitchen, Full Service Restaurants, Quick Service Restaurants), by Outlet (Chained Outlets, Independent Outlets) and by Location (Leisure, Lodging, Retail, Standalone, Travel). Market Value in USD is presented. Key data points observed include the number of outlets for each foodservice channel; and, average order value in USD by foodservice channel.

In 2018, Yum! Brands, Inc. accounted for 2.6 percent of the sales share of the entire foodservice sector in Thailand. In that same year, the foodservice sales value of Yum! Brands, Inc. amounted to around 802.7 million U.S. dollars.

The Thailand Pet Food Market is segmented by Pet Food Product (Food, Pet Nutraceuticals/Supplements, Pet Treats, Pet Veterinary Diets), by Pets (Cats, Dogs) and by Distribution Channel (Convenience Stores, Online Channel, Specialty Stores, Supermarkets/Hypermarkets). The market volume and value are presented in metric ton and USD respectively. The key data points include the market size of pet food by products, distribution channels, and pets.

The statistic shows the food service market size in Thailand in 2012, by category. In this year, the fast food industry in Thailand had a market value of 2.5 billion U.S. dollars.

In 2023, Thailand's food and agricultural exports amounted to approximately 49 billion U.S. dollars. In comparison, the value of the retail food industry reached approximately 5 billion U.S. dollars.

In 2024, the Thai canned food market increased by 7.3% to $5.7B, rising for the ninth year in a row after two years of decline. In general, the total consumption indicated a measured increase from 2012 to 2024: its value increased at an average annual rate of +4.3% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +70.1% against 2015 indices.

The Asia-Pacific Dog Food Market is segmented by Pet Food Product (Food, Pet Nutraceuticals/Supplements, Pet Treats, Pet Veterinary Diets), by Distribution Channel (Convenience Stores, Online Channel, Specialty Stores, Supermarkets/Hypermarkets) and by Country (Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Taiwan, Thailand, Vietnam). The market volume and value are presented in metric ton and USD respectively. The key data points include the market size of pet food by products, distribution channels, and pets.

In 2024, the Thai dog and cat food market decreased by -5.3% to $2.8B for the first time since 2021, thus ending a two-year rising trend. Over the period under review, the total consumption indicated slight growth from 2012 to 2024: its value increased at an average annual rate of +1.7% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -1.7% against 2020 indices.

For the third year in a row, the Thai baby food market recorded decline in sales value, which decreased by -6.8% to $307M in 2024. Overall, consumption showed a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of 3.8%. Baby food consumption peaked at $758M in 2012; however, from 2013 to 2024, consumption stood at a somewhat lower figure.

The global plant-based food market size is predicted to expand by 3x, witnessing an increase from US$ 11.3 billion in 2023 to US$ 35.9 billion by 2033. Overall plant-based food sales are poised to surge at a stupendous CAGR of 12.2% between 2023 and 2033.

Attribute	Key Insights
Plant-based Food Market Estimated Value (2023)	US$ 11.3 billion
Projected Market Value (2033)	US$ 35.9 billion
Value-based CAGR (2023 to 2033)	12.2%
Top 3 Countries Market Share	31.3%

Scope of the Report

Attribute	Details
Estimated Market Size (2023)	US$ 11.3 billion
Projected Market Size (2033)	US$ 35.9 billion
Anticipated Growth Rate (2023 to 2033)	12.2% CAGR
Forecast Period	2023 to 2033
Historical Data Available for	2018 to 2022
Market Analysis	US$ million for Value and Metric Ton for Volume
Key Regions Covered	North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa
Key Countries Covered	United States of America, Canada, Brazil, Mexico, Germany, United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Singapore, Australia, New Zealand, GCC countries, North Africa, South Africa, others.
Key Segments Covered	Type, Source, Distribution Channels, & Region
Key Companies Profiled	Amy's Kitchen Danone S.A. Atlantic Natural Foods LLC Profiled Beyond Meat Inc Garden Protein International Inc Impossible Foods Inc Lightlife Foods Inc (Maple Leaf Foods Inc.) Nestle S.A. Tyson Foods Inc Vbite Food Ltd
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

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Thailand Retail Market Size 2025-2029

The Thailand retail market size is forecast to increase by USD 49.69 billion, at a CAGR of 6.9% between 2024 and 2029.

In the dynamic market, several trends are shaping the industry landscape. The increasing preference for convenience and quick service, particularly in sectors like fast food and apparel, is driving market growth. Digital payment methods, such as LED and smartphone transactions, are gaining traction, streamlining the shopping experience. Telemedicine and digital health are revolutionizing the personal care sector, offering consumers on-demand healthcare services. In the realm of digital commerce, fresh food and FMCG categories are witnessing significant sales growth through e-commerce platforms. Artificial intelligence and data analytics are transforming logistics and supply chain management, ensuring efficient delivery of meal kits and other goods. 


Live streaming and meal kit services are disrupting the food service industry, offering consumers a unique dining experience. Travel retail is embracing digital commerce, with convenience stores and e-commerce platforms catering to the needs of travelers. The retail sector is also grappling with challenges, such as the threat from counterfeit products and the need for advanced packaging solutions to maintain product integrity. Overall, the retail market is witnessing a digital transformation, with technology playing a pivotal role in shaping consumer behavior and market dynamics.

What will be the Size of the Market During the Forecast Period?

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The market encompasses various sectors, including grocery, apparel, footwear, home and garden, convenience food products, and processed meat. This dynamic market exhibits continuous growth, driven by shifting consumer preferences and trends. Working women, striving for financial independence, increasingly turn to online shopping for convenience. However, challenges persist, such as card abandonment and high product return rates, which e-commerce players must address to ensure customer satisfaction.


Travel, food service, commercial assessments, and online food service are also significant contributors to the retail landscape. Emerging trends include media and entertainment, healthcare and wellness, technology products, and niche markets like live streaming engagement and cross-border e-commerce. The retail industry's size and direction reflect the evolving needs and preferences of a diverse consumer base.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Grocery
  Apparel and footwear
  BPC
  Home and garden
  Others


Distribution Channel

  Offline
  Online


Pricing Scheme

  Cash
  Digital payment
  Buy now pay later


Geography

  Thailand

By Product Insights

The grocery segment is estimated to witness significant growth during the forecast period. The market, driven by the grocery sector, experiences significant growth due to increasing consumer numbers and expanding product offerings from both domestic and international retailers. Convenience stores showcase strong growth, as consumers prefer purchasing daily grocery requirements from nearby shops. Hypermarkets, supermarkets, and other retail outlets also expand rapidly, catering to the demand for a wide range of household groceries under one roof. Key retail formats in the Philippines and Vietnam markets also witness similar trends, with e-commerce players gaining traction due to increasing internet and smartphone penetration.
Consumer behavior shifts toward financial independence, online shopping, and digital transformation. E-commerce platforms address this trend, offering counterfeit product protection and seamless digital consumer journeys. Cross-border ecommerce, sales channel analysis, and consumer engagement models further influence the evolving retail landscape. Actionable insights for strategists aim to inform decisions and drive strategic moves in the digital commerce space.

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Market Dynamics

Our Thailand Retail Market researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in the adoption of Thailand Retail Market?

Growing demand for convenience food products is the key driver of the market. The market exhibits dynamic trends, particularly in sectors such as Grocery, Apparel, Footwear, Home and garden, and Convenie

The Asia-Pacific free from food market is segmented by Type (Gluten Free, Dairy Free, Allergen Free, and Other Types); By End Product (Bakery and Confectionery, Dairy Free Foods, Snacks, Beverages, and Other End Products); By Distribution Channel (Supermarkets/Hypermarkets, Convenience/Grocery Stores, Online Retail Stores, and Other Distribution Channels), and by Geography (China, Japan, India, Thailand, Australia, and the Rest of Asia-Pacific). The report offers market size and forecasts in value (USD million) for the above segments.

The cat food market value is expected to total US$ 44,744 million in 2023, as per the recent Future Market Insights (FMI) study. The overall sales are expected to reach US$ 60,951.4 million by 2033, capturing a CAGR of 3% from 2023 to 2033.

Attribute	Details
Cat Food Market Size (2033)	US$ 60,951.4 million
Cat Food Market Size (2023)	US$ 44,744 million
Cat Food Industry Size (2022)	US$ 43,023.00 million
Cat Food Industry Size (2018)	US$ 38,560.0 million
Cat Food Market CAGR (2023 to 2033)	3%
Cat Food Market CAGR (2018 to 2022)	2.8%

Country-wise Insights

Country	The United States
Market Share % (2022)	32%

Country	China
Market CAGR (2023 to 2033)	6.7%

Scope of Report

Attribute	Details
Forecast Period	2023 to 2033
Historical Data Available for	2018 to 2022
Market Analysis	US$ million for Value
Key Countries Covered	The United States, Canada, Germany, the United Kingdom, France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, New Zealand, GCC Countries, Northern Africa, and South Africa
Key Segments Covered	Nature, Source, Product Type, Pet Type, Packaging Type, Distribution Channel, and Region
Key Companies Profiled	Evanger’s Dog & Cat Food Company, Inc. Mars Incorporated Purina Hill's Pet Nutrition Affinity Petcare SA Nutro Products Inc. Dave's Pet Food Boulder Dog Food Company Rollover Pet Food Ltd. Real Pet Food Company Pty Ltd Freshpet Burgess Group PLC Nature's Variety Fromm Family Foods LLC JustFoodForDogs The J.M. Smucker Company Steve's Real Food Natures Goodness Pet Food Party Animal, Inc. Iams
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing	Available upon Request

In 2019, the value of the plant-based food market in Thailand amounted to around 28 billion Thai baht. Such market value was forecast to reach 45 billion Thai baht in 2024. From 2019 to 2024, the compound annual growth rate of the plant-based market was also estimated to be ten percent.

Thailand Food Supplement Market is expected to reach at a CAGR of 5.90% during the forecast period 2024-2027

The Thailand Flexible Plastic Packaging Market Report is Segmented by Material (Polyethene [PE], Bi-Oriented Polypropylene [BOPP], Cast Polypropylene [CPP], Polyvinyl Chloride [PVC], Ethylene Vinyl Alcohol [EVOH], and Other Material Types [Polycarbonate, PHA, PLA, Acrylic, and ABS]), Product Type (Pouches, Bags, Films and Wraps, and Other Product Types), End-User Industry (Food [Frozen Food, Dry Food, Meat, Poultry, and Sea Food, Candy & Confectionery, Pet Food, Dairy Products, Fresh Produce and Other Food (Seasonings & Spices, Spreadables, Sauces, Condiments, Etc. )], Beverage, Medical and Pharmaceutical, Personal Care and Household Care, and Other End User Industry [Automotive, Chemical, Agriculture ]). The Market Sizes and Forecasts are Provided in Terms of Volume (Tonnes) for all the Above Segments.

The Southeast Asia Foodservice Market is segmented by Foodservice Type (Cafes & Bars, Cloud Kitchen, Full Service Restaurants, Quick Service Restaurants), by Outlet (Chained Outlets, Independent Outlets), by Location (Leisure, Lodging, Retail, Standalone, Travel) and by Country (Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam). Market Value in USD is presented. Key data points observed include the number of outlets for each foodservice channel; and, average order value in USD by foodservice channel.

The Asia-Pacific Pet Food Market is segmented by Pet Food Product (Food, Pet Nutraceuticals/Supplements, Pet Treats, Pet Veterinary Diets), by Pets (Cats, Dogs), by Distribution Channel (Convenience Stores, Online Channel, Specialty Stores, Supermarkets/Hypermarkets) and by Country (Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Taiwan, Thailand, Vietnam). The market volume and value are presented in metric ton and USD respectively. The key data points include the market size of pet food by products, distribution channels, and pets.

Thailand Rigid Plastic Packaging Market Report is Segmented by Product Type (Bottles and Jars, Trays and Containers, Caps and Closures, Intermediate Bulk Containers (IMCs), Drums, Pallets, and Other Product Types), Material Type (Polyethylene (PE) (LDPE & LLDPE and HDPE), Polyethylene Terephthalate (PET), Polypropylene (PP), Polystyrene (PS) and Expanded Polystyrene (EPS), Polyvinyl Chloride (PVC), and Other Rigid Plastic Packaging Materials), and by End-Use Industries (Food (Candy & Confectionary, Frozen Foods, Fresh Produce, Dairy Products, Dry Foods, Meat, Poultry and Seafood, Pet Food and Other Food Products), Foodservice (Quick Service Restaurants, Full Service Restaurants, Coffee and Snack Outlets, Retail Establishments, Institutional, Hospitality, and Other Foodservice End-Uses), Beverage, Healthcare, Cosmetics and Personal Care, Industrial, Building and Construction, Automotive, and Other End-Use Industries (Household Products, and Logistics)). The Market Sizing and Forecasts are Provided in Terms of Volume (tons) for all the Above Segments.

The Thailand Pouch Packaging Market is Segmented by Material Type ( Paper, Plastic and Aluminum), by Resin Type - Plastic ( Polyethylene, Polypropylene, PET, PVC, EVOH, Other Resins), by Product ( Flat ( Pillow and Side Seal), Stand Up), by End-User Industry (Food (Candy & Confectionery, Frozen Foods, Fresh Produce, Dairy Products, Dry Foods, Meat, Poultry, and Seafood, Pet Food, Other Food Products (Seasonings & Spices, Spreadables, Sauces, Condiments, Etc. )), Beverage, Medical and Pharmaceutical, Personal Care and Household Care, and Other End-User Industries). The Market Sizes and Forecasts are Provided in Terms of Value (USD) and Volume (Units) for all the Above Segments.