GITNUXREPORT 2026

Thailand Food And Beverage Industry Statistics

Thailand's food and beverage industry is experiencing strong, diversified growth driven by tourism and innovation.

Rajesh Patel

Team Lead & Senior Researcher with over 15 years of experience in market research and data analytics.

First published: Feb 13, 2026

Our Commitment to Accuracy

Rigorous fact-checking · Reputable sources · Regular updatesLearn more

Statistic 1

Soft drink production totaled 12 billion liters in 2023, carbonated at 7 billion liters.

Statistic 2

Bottled water market produced 9.5 billion liters in 2023, with 85% PET packaging.

Statistic 3

Beer production reached 2.4 billion liters in 2023, domestic sales 1.8 billion liters.

Statistic 4

Ready-to-drink tea output was 3.2 billion liters in 2023, green tea 55% share.

Statistic 5

Energy drink production hit 2.8 billion cans in 2023, M-150 brand leading.

Statistic 6

Functional beverage sales grew 18% to 45 billion THB in 2023.

Statistic 7

Alcoholic beverage production totaled 3.1 billion liters in 2023, spirits 900 million liters.

Statistic 8

Juice and nectar production was 1.5 billion liters in 2023, orange 30% share.

Statistic 9

Coffee ready-to-drink output reached 800 million units in 2023.

Statistic 10

Milk and dairy beverages processed 2.1 billion liters in 2023, UHT 70%.

Statistic 11

Sports drink production totaled 1.2 billion liters in 2023, post-COVID health focus.

Statistic 12

Number of beverage factories was 2,800 in 2023, 1,200 ISO certified.

Statistic 13

Sugar-sweetened beverage tax collected 25 billion THB in 2023, volume down 5%.

Statistic 14

PET bottle recycling rate for beverages was 52% in 2023, 1.2 million tons collected.

Statistic 15

Export of Thai beverages reached USD 1.1 billion in 2023, RTD tea leading.

Statistic 16

Vending machine beverages sales hit 35 billion THB in 2023, 120,000 machines.

Statistic 17

Craft beer production grew 25% to 50 million liters in 2023.

Statistic 18

Low/no alcohol beer sales surged 30% to 150 million liters in 2023.

Statistic 19

Herbal drink production totaled 900 million liters in 2023, local herbs 80%.

Statistic 20

Carbonation capacity in beverage plants was 15 billion liters annually in 2023.

Statistic 21

72% of Thai consumers aged 18-34 prefer healthy snacks daily, with 45% opting for low-sugar options.

Statistic 22

Online F&B purchases increased to 42% of millennials in 2023, average order 350 THB.

Statistic 23

58% of urban Thais consumed plant-based alternatives weekly in 2023.

Statistic 24

Ready-to-eat meal demand rose 25% among working women, 60% via delivery apps.

Statistic 25

Health-conscious consumers (35%) prioritized functional beverages, up 15% YoY in 2023.

Statistic 26

48% of Gen Z favored local craft beers over mass brands in 2023 surveys.

Statistic 27

Sustainable packaging influenced 62% purchase decisions in F&B 2023.

Statistic 28

Street food consumption remained at 75% weekly for 80% of population in 2023.

Statistic 29

Low/no alcohol drink trial rate hit 55% among 25-40 age group in 2023.

Statistic 30

Organic food purchases grew 30% in premium supermarkets, 12% market penetration.

Statistic 31

Delivery app usage for F&B reached 68% in Bangkok, average 4 orders/month.

Statistic 32

40% consumers reduced sugar intake via labeled products in 2023.

Statistic 33

Halal food preference at 28% nationally, 90% in South, 2023 data.

Statistic 34

Premium coffee consumption up 20% to 2 cups/day urban average 2023.

Statistic 35

Vegan meal kits sales surged 35% online among 20-30s in 2023.

Statistic 36

55% parents chose fortified kids' snacks for nutrition in 2023.

Statistic 37

Impulse buys at convenience stores 60% F&B, avg 50 THB/transaction 2023.

Statistic 38

Home cooking with processed ingredients up 18% post-COVID 2023.

Statistic 39

Exotic fruit juice flavors preferred by 45% youth in 2023.

Statistic 40

Loyalty programs drove 70% repeat F&B purchases in chains 2023.

Statistic 41

Mood-based snacking reported by 52% consumers daily 2023.

Statistic 42

65% aged 35+ favored traditional Thai flavors in processed foods 2023.

Statistic 43

App-based nutrition tracking used by 28% health-focused buyers 2023.

Statistic 44

Festive season F&B spending up 40% to 15,000 THB/household 2023.

Statistic 45

50% reduced plastic packaged F&B post-awareness campaigns 2023.

Statistic 46

Energy drink consumption 3 cans/week avg among males 18-24, 2023.

Statistic 47

38% shifted to e-commerce for bulk F&B buys in 2023.

Statistic 48

Thailand's F&B exports totaled USD 38.5 billion in 2023, food products 85% share with rice at USD 4.9 billion.

Statistic 49

Canned tuna exports reached 380,000 tons valued at USD 2.1 billion in 2023 to US and EU.

Statistic 50

Processed shrimp exports were 280,000 tons worth USD 2.8 billion in 2023, 60% to Japan.

Statistic 51

Thai rice exports hit 8.2 million tons at USD 4.7 billion in 2023, Jasmine variety 40%.

Statistic 52

Frozen chicken exports totaled 450,000 tons valued USD 1.2 billion in 2023 to Middle East.

Statistic 53

Fruit exports reached USD 1.5 billion in 2023, durian alone USD 4 billion equivalent processed.

Statistic 54

Beverage exports grew 12% to USD 1.8 billion in 2023, coconut water leading.

Statistic 55

Sugar exports were 6.5 million tons at USD 3.2 billion in 2023/24.

Statistic 56

Cassava product exports hit 10 million tons worth USD 4.1 billion in 2023.

Statistic 57

Processed vegetable exports totaled USD 800 million in 2023, corn 35% share.

Statistic 58

F&B imports into Thailand were USD 12.4 billion in 2023, wheat 25% at 12 million tons.

Statistic 59

Dairy imports reached USD 1.9 billion in 2023, milk powder 70% from New Zealand.

Statistic 60

Soybean imports for food processing totaled 2.2 million tons at USD 1.1 billion in 2023.

Statistic 61

Top export markets: US 22%, Japan 15%, China 12% of F&B in 2023.

Statistic 62

Halal-certified F&B exports valued USD 12 billion in 2023 to 40 countries.

Statistic 63

EU F&B imports from Thailand grew 8% to USD 3.5 billion in 2023 despite tariffs.

Statistic 64

ASEAN F&B trade surplus for Thailand was USD 5.2 billion in 2023.

Statistic 65

US FDA rejections of Thai F&B were 150 cases in 2023, 40% seafood.

Statistic 66

China approved 500 new Thai F&B products for import in 2023.

Statistic 67

Logistics costs for F&B exports averaged 8% of value in 2023.

Statistic 68

Trade fairs generated USD 2.5 billion F&B export deals in 2023.

Statistic 69

FTAs boosted F&B exports by 15% to USD 25 billion in 2023.

Statistic 70

Import duties collected on F&B were 45 billion THB in 2023.

Statistic 71

65% of Thai F&B exports were processed foods in 2023.

Statistic 72

Vegetable oil imports totaled 4.5 million tons in 2023 for refining.

Statistic 73

Plant-based F&B imports grew 28% to USD 450 million in 2023.

Statistic 74

Rice production in Thailand reached 35 million tons in 2023, with processed rice exports at 7.5 million tons valued at USD 4.2 billion.

Statistic 75

Processed seafood output totaled 1.2 million tons in 2023, canned tuna alone at 450,000 tons from 85 factories.

Statistic 76

Poultry meat production hit 1.85 million tons in 2023, with 70% processed into value-added products like nuggets.

Statistic 77

Sugar production from cane reached 10.2 million tons in 2023/24 season, milled from 95 million tons of cane.

Statistic 78

Cassava starch production was 25,000 tons daily in 2023, total 8.5 million tons annually for food uses.

Statistic 79

Instant noodle production exceeded 8 billion packs in 2023, with 60% exported.

Statistic 80

Frozen vegetable exports from Thailand totaled 250,000 tons in 2023, processed from 1.2 million tons raw.

Statistic 81

Palm oil production for food use was 3.1 million tons in 2023, 45% refined into cooking oil.

Statistic 82

Fruit processing output reached 2.8 million tons in 2023, canned pineapple at 500,000 tons.

Statistic 83

Dairy processing capacity utilized 75% in 2023, producing 1.1 million tons of milk products.

Statistic 84

Snack food production grew to 1.5 million tons in 2023, potato chips segment up 12%.

Statistic 85

Bakery products output was 2.2 million tons in 2023, bread alone at 1.8 million tons.

Statistic 86

Condiment and sauce production totaled 800,000 tons in 2023, fish sauce at 300,000 tons.

Statistic 87

Processed meat products reached 900,000 tons in 2023, sausages comprising 40%.

Statistic 88

Edible oil refining capacity was 5 million tons in 2023, 85% utilization rate.

Statistic 89

Flour milling output hit 4.5 million tons in 2023 from 12 million tons wheat imports.

Statistic 90

Coffee processing from beans yielded 50,000 tons in 2023, robusta dominant at 90%.

Statistic 91

Chocolate and confectionery production was 250,000 tons in 2023, exports 60,000 tons.

Statistic 92

Number of food processing factories registered 12,500 in 2023, with 4,200 GMP certified.

Statistic 93

Raw material sourcing: 65% local for processed foods in 2023, imports for 35% specialty items.

Statistic 94

Automation in food factories covered 45% of lines in 2023, reducing labor by 20%.

Statistic 95

Cold chain capacity for food processing expanded to 2.5 million pallet positions in 2023.

Statistic 96

Water usage in food processing averaged 15 m3 per ton product in 2023, down 10% YoY.

Statistic 97

Energy efficiency in processing plants improved 12% to 0.35 GJ per ton in 2023.

Statistic 98

Packaging materials used 1.8 million tons in food processing 2023, 25% recyclable.

Statistic 99

Quality rejection rate in food exports was 1.2% in 2023, mainly microbiology issues.

Statistic 100

R&D spending on food processing innovations was 8 billion THB in 2023.

Statistic 101

Capacity utilization in food factories averaged 78% in 2023.

Statistic 102

Thailand's food and beverage market size was valued at USD 25.6 billion in 2022, projected to grow to USD 35.4 billion by 2030 at a CAGR of 4.2% driven by rising urban consumption and tourism recovery.

Statistic 103

The F&B sector contributed 3.5% to Thailand's GDP in 2023, with total industry revenue hitting 1.45 trillion THB amid post-pandemic demand surge.

Statistic 104

Food processing sub-sector accounted for 65% of total F&B industry value in 2023, valued at 942 billion THB with emphasis on ready-to-eat products.

Statistic 105

Beverage market in Thailand grew by 6.8% YoY in 2023 to reach 285 billion THB, fueled by non-alcoholic and functional drinks.

Statistic 106

Thailand's F&B e-commerce sales surged 28% in 2023 to 120 billion THB, representing 8.5% of total sector sales.

Statistic 107

Organized retail F&B sales in Thailand increased to 450 billion THB in 2023, up 12% from 2022 due to hypermarket expansions.

Statistic 108

The industry employed over 2.1 million people in 2023, with a 4% workforce growth linked to manufacturing expansions.

Statistic 109

FDI inflows into Thailand's F&B sector totaled USD 1.2 billion in 2023, primarily from Japan and China for processing plants.

Statistic 110

Inflation in F&B prices averaged 2.8% in 2023, lower than overall CPI due to stable agricultural inputs.

Statistic 111

Per capita F&B spending in Thailand rose to 45,000 THB in 2023, a 7% increase driven by middle-class expansion.

Statistic 112

Quick service restaurants (QSR) segment grew 15% YoY in 2023 to 180 billion THB revenue.

Statistic 113

Thailand's F&B industry R&D investment reached 15 billion THB in 2023, focusing on sustainable packaging.

Statistic 114

Market concentration: Top 10 F&B firms controlled 42% of sales in 2023.

Statistic 115

Sustainability initiatives covered 35% of F&B production in 2023, up from 22% in 2021.

Statistic 116

Digital transformation investments in F&B hit 25 billion THB in 2023 for supply chain tech.

Statistic 117

Tourism-driven F&B sales boosted by 18% in 2023 to 350 billion THB from 28 million visitors.

Statistic 118

Halal F&B market in Thailand valued at 180 billion THB in 2023, targeting Muslim exports.

Statistic 119

Organic F&B sales grew 22% to 45 billion THB in 2023 amid health trends.

Statistic 120

Plant-based F&B products market reached 12 billion THB in 2023, CAGR 25% since 2020.

Statistic 121

Convenience store F&B sales totaled 250 billion THB in 2023, 55% of total retail F&B.

Statistic 122

F&B logistics costs represented 12% of total industry expenses in 2023 at 175 billion THB.

Statistic 123

Energy consumption in F&B manufacturing was 18,000 GWh in 2023, with 15% from renewables.

Statistic 124

Waste generation in F&B sector totaled 2.5 million tons in 2023, recycled 40%.

Statistic 125

Carbon footprint of Thailand F&B industry averaged 1.2 tons CO2e per million THB revenue in 2023.

Statistic 126

Government subsidies to F&B sector amounted to 50 billion THB in 2023 for exports and tech.

Statistic 127

Number of F&B SMEs reached 150,000 in 2023, contributing 55% to total employment.

Statistic 128

Brand value of top Thai F&B companies summed to USD 8.5 billion in 2023.

Statistic 129

Online delivery platforms handled 30% of F&B sales in urban areas in 2023, worth 90 billion THB.

Statistic 130

F&B innovation startups numbered 450 in 2023, raising USD 200 million funding.

Statistic 131

Industry productivity per worker increased 8% to 850,000 THB in 2023.

1/131

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From being a street food paradise to powering a colossal USD 25.6 billion market that feeds millions and fuels a booming export economy, Thailand's food and beverage industry is a dynamic recipe of tradition and explosive growth.

Key Takeaways

Thailand's food and beverage market size was valued at USD 25.6 billion in 2022, projected to grow to USD 35.4 billion by 2030 at a CAGR of 4.2% driven by rising urban consumption and tourism recovery.
The F&B sector contributed 3.5% to Thailand's GDP in 2023, with total industry revenue hitting 1.45 trillion THB amid post-pandemic demand surge.
Food processing sub-sector accounted for 65% of total F&B industry value in 2023, valued at 942 billion THB with emphasis on ready-to-eat products.
Rice production in Thailand reached 35 million tons in 2023, with processed rice exports at 7.5 million tons valued at USD 4.2 billion.
Processed seafood output totaled 1.2 million tons in 2023, canned tuna alone at 450,000 tons from 85 factories.
Poultry meat production hit 1.85 million tons in 2023, with 70% processed into value-added products like nuggets.
Soft drink production totaled 12 billion liters in 2023, carbonated at 7 billion liters.
Bottled water market produced 9.5 billion liters in 2023, with 85% PET packaging.
Beer production reached 2.4 billion liters in 2023, domestic sales 1.8 billion liters.
Thailand's F&B exports totaled USD 38.5 billion in 2023, food products 85% share with rice at USD 4.9 billion.
Canned tuna exports reached 380,000 tons valued at USD 2.1 billion in 2023 to US and EU.
Processed shrimp exports were 280,000 tons worth USD 2.8 billion in 2023, 60% to Japan.
72% of Thai consumers aged 18-34 prefer healthy snacks daily, with 45% opting for low-sugar options.
Online F&B purchases increased to 42% of millennials in 2023, average order 350 THB.
58% of urban Thais consumed plant-based alternatives weekly in 2023.

Thailand's food and beverage industry is experiencing strong, diversified growth driven by tourism and innovation.

Beverage Industry

Soft drink production totaled 12 billion liters in 2023, carbonated at 7 billion liters.
Bottled water market produced 9.5 billion liters in 2023, with 85% PET packaging.
Beer production reached 2.4 billion liters in 2023, domestic sales 1.8 billion liters.
Ready-to-drink tea output was 3.2 billion liters in 2023, green tea 55% share.
Energy drink production hit 2.8 billion cans in 2023, M-150 brand leading.
Functional beverage sales grew 18% to 45 billion THB in 2023.
Alcoholic beverage production totaled 3.1 billion liters in 2023, spirits 900 million liters.
Juice and nectar production was 1.5 billion liters in 2023, orange 30% share.
Coffee ready-to-drink output reached 800 million units in 2023.
Milk and dairy beverages processed 2.1 billion liters in 2023, UHT 70%.
Sports drink production totaled 1.2 billion liters in 2023, post-COVID health focus.
Number of beverage factories was 2,800 in 2023, 1,200 ISO certified.
Sugar-sweetened beverage tax collected 25 billion THB in 2023, volume down 5%.
PET bottle recycling rate for beverages was 52% in 2023, 1.2 million tons collected.
Export of Thai beverages reached USD 1.1 billion in 2023, RTD tea leading.
Vending machine beverages sales hit 35 billion THB in 2023, 120,000 machines.
Craft beer production grew 25% to 50 million liters in 2023.
Low/no alcohol beer sales surged 30% to 150 million liters in 2023.
Herbal drink production totaled 900 million liters in 2023, local herbs 80%.
Carbonation capacity in beverage plants was 15 billion liters annually in 2023.

Beverage Industry Interpretation

Thailand's thirst is a lucrative paradox, simultaneously guzzling 7 billion liters of carbonated sugar-water while obsessively buying 9.5 billion liters of bottled water and boosting functional drinks, proving the national pastime is drinking to both indulge and absolve.

Consumer Behavior and Trends

72% of Thai consumers aged 18-34 prefer healthy snacks daily, with 45% opting for low-sugar options.
Online F&B purchases increased to 42% of millennials in 2023, average order 350 THB.
58% of urban Thais consumed plant-based alternatives weekly in 2023.
Ready-to-eat meal demand rose 25% among working women, 60% via delivery apps.
Health-conscious consumers (35%) prioritized functional beverages, up 15% YoY in 2023.
48% of Gen Z favored local craft beers over mass brands in 2023 surveys.
Sustainable packaging influenced 62% purchase decisions in F&B 2023.
Street food consumption remained at 75% weekly for 80% of population in 2023.
Low/no alcohol drink trial rate hit 55% among 25-40 age group in 2023.
Organic food purchases grew 30% in premium supermarkets, 12% market penetration.
Delivery app usage for F&B reached 68% in Bangkok, average 4 orders/month.
40% consumers reduced sugar intake via labeled products in 2023.
Halal food preference at 28% nationally, 90% in South, 2023 data.
Premium coffee consumption up 20% to 2 cups/day urban average 2023.
Vegan meal kits sales surged 35% online among 20-30s in 2023.
55% parents chose fortified kids' snacks for nutrition in 2023.
Impulse buys at convenience stores 60% F&B, avg 50 THB/transaction 2023.
Home cooking with processed ingredients up 18% post-COVID 2023.
Exotic fruit juice flavors preferred by 45% youth in 2023.
Loyalty programs drove 70% repeat F&B purchases in chains 2023.
Mood-based snacking reported by 52% consumers daily 2023.
65% aged 35+ favored traditional Thai flavors in processed foods 2023.
App-based nutrition tracking used by 28% health-focused buyers 2023.
Festive season F&B spending up 40% to 15,000 THB/household 2023.
50% reduced plastic packaged F&B post-awareness campaigns 2023.
Energy drink consumption 3 cans/week avg among males 18-24, 2023.
38% shifted to e-commerce for bulk F&B buys in 2023.

Consumer Behavior and Trends Interpretation

It's deliciously clear that the modern Thai consumer is a walking paradox, demanding on-demand indulgence via apps while simultaneously scrutinizing every label for sugar, sustainability, and a side of social conscience.

Export and Import Data

Thailand's F&B exports totaled USD 38.5 billion in 2023, food products 85% share with rice at USD 4.9 billion.
Canned tuna exports reached 380,000 tons valued at USD 2.1 billion in 2023 to US and EU.
Processed shrimp exports were 280,000 tons worth USD 2.8 billion in 2023, 60% to Japan.
Thai rice exports hit 8.2 million tons at USD 4.7 billion in 2023, Jasmine variety 40%.
Frozen chicken exports totaled 450,000 tons valued USD 1.2 billion in 2023 to Middle East.
Fruit exports reached USD 1.5 billion in 2023, durian alone USD 4 billion equivalent processed.
Beverage exports grew 12% to USD 1.8 billion in 2023, coconut water leading.
Sugar exports were 6.5 million tons at USD 3.2 billion in 2023/24.
Cassava product exports hit 10 million tons worth USD 4.1 billion in 2023.
Processed vegetable exports totaled USD 800 million in 2023, corn 35% share.
F&B imports into Thailand were USD 12.4 billion in 2023, wheat 25% at 12 million tons.
Dairy imports reached USD 1.9 billion in 2023, milk powder 70% from New Zealand.
Soybean imports for food processing totaled 2.2 million tons at USD 1.1 billion in 2023.
Top export markets: US 22%, Japan 15%, China 12% of F&B in 2023.
Halal-certified F&B exports valued USD 12 billion in 2023 to 40 countries.
EU F&B imports from Thailand grew 8% to USD 3.5 billion in 2023 despite tariffs.
ASEAN F&B trade surplus for Thailand was USD 5.2 billion in 2023.
US FDA rejections of Thai F&B were 150 cases in 2023, 40% seafood.
China approved 500 new Thai F&B products for import in 2023.
Logistics costs for F&B exports averaged 8% of value in 2023.
Trade fairs generated USD 2.5 billion F&B export deals in 2023.
FTAs boosted F&B exports by 15% to USD 25 billion in 2023.
Import duties collected on F&B were 45 billion THB in 2023.
65% of Thai F&B exports were processed foods in 2023.
Vegetable oil imports totaled 4.5 million tons in 2023 for refining.
Plant-based F&B imports grew 28% to USD 450 million in 2023.

Export and Import Data Interpretation

While the world leans on Thailand for exquisite rice and aromatic jasmine, it's the kingdom's shrewd industrial palate—turning tuna into treasury and shrimp into sovereign wealth—that truly fuels its status as a global pantry and economic powerhouse.

Food Production and Processing

Rice production in Thailand reached 35 million tons in 2023, with processed rice exports at 7.5 million tons valued at USD 4.2 billion.
Processed seafood output totaled 1.2 million tons in 2023, canned tuna alone at 450,000 tons from 85 factories.
Poultry meat production hit 1.85 million tons in 2023, with 70% processed into value-added products like nuggets.
Sugar production from cane reached 10.2 million tons in 2023/24 season, milled from 95 million tons of cane.
Cassava starch production was 25,000 tons daily in 2023, total 8.5 million tons annually for food uses.
Instant noodle production exceeded 8 billion packs in 2023, with 60% exported.
Frozen vegetable exports from Thailand totaled 250,000 tons in 2023, processed from 1.2 million tons raw.
Palm oil production for food use was 3.1 million tons in 2023, 45% refined into cooking oil.
Fruit processing output reached 2.8 million tons in 2023, canned pineapple at 500,000 tons.
Dairy processing capacity utilized 75% in 2023, producing 1.1 million tons of milk products.
Snack food production grew to 1.5 million tons in 2023, potato chips segment up 12%.
Bakery products output was 2.2 million tons in 2023, bread alone at 1.8 million tons.
Condiment and sauce production totaled 800,000 tons in 2023, fish sauce at 300,000 tons.
Processed meat products reached 900,000 tons in 2023, sausages comprising 40%.
Edible oil refining capacity was 5 million tons in 2023, 85% utilization rate.
Flour milling output hit 4.5 million tons in 2023 from 12 million tons wheat imports.
Coffee processing from beans yielded 50,000 tons in 2023, robusta dominant at 90%.
Chocolate and confectionery production was 250,000 tons in 2023, exports 60,000 tons.
Number of food processing factories registered 12,500 in 2023, with 4,200 GMP certified.
Raw material sourcing: 65% local for processed foods in 2023, imports for 35% specialty items.
Automation in food factories covered 45% of lines in 2023, reducing labor by 20%.
Cold chain capacity for food processing expanded to 2.5 million pallet positions in 2023.
Water usage in food processing averaged 15 m3 per ton product in 2023, down 10% YoY.
Energy efficiency in processing plants improved 12% to 0.35 GJ per ton in 2023.
Packaging materials used 1.8 million tons in food processing 2023, 25% recyclable.
Quality rejection rate in food exports was 1.2% in 2023, mainly microbiology issues.
R&D spending on food processing innovations was 8 billion THB in 2023.
Capacity utilization in food factories averaged 78% in 2023.

Food Production and Processing Interpretation

While Thailand's factories may tirelessly process a nation's worth of crops into billions of meals, from paddies to pallets, the true export is a masterclass in transforming humble ingredients through scale, savvy, and sheer metabolic hustle.

Market Overview and Growth

Thailand's food and beverage market size was valued at USD 25.6 billion in 2022, projected to grow to USD 35.4 billion by 2030 at a CAGR of 4.2% driven by rising urban consumption and tourism recovery.
The F&B sector contributed 3.5% to Thailand's GDP in 2023, with total industry revenue hitting 1.45 trillion THB amid post-pandemic demand surge.
Food processing sub-sector accounted for 65% of total F&B industry value in 2023, valued at 942 billion THB with emphasis on ready-to-eat products.
Beverage market in Thailand grew by 6.8% YoY in 2023 to reach 285 billion THB, fueled by non-alcoholic and functional drinks.
Thailand's F&B e-commerce sales surged 28% in 2023 to 120 billion THB, representing 8.5% of total sector sales.
Organized retail F&B sales in Thailand increased to 450 billion THB in 2023, up 12% from 2022 due to hypermarket expansions.
The industry employed over 2.1 million people in 2023, with a 4% workforce growth linked to manufacturing expansions.
FDI inflows into Thailand's F&B sector totaled USD 1.2 billion in 2023, primarily from Japan and China for processing plants.
Inflation in F&B prices averaged 2.8% in 2023, lower than overall CPI due to stable agricultural inputs.
Per capita F&B spending in Thailand rose to 45,000 THB in 2023, a 7% increase driven by middle-class expansion.
Quick service restaurants (QSR) segment grew 15% YoY in 2023 to 180 billion THB revenue.
Thailand's F&B industry R&D investment reached 15 billion THB in 2023, focusing on sustainable packaging.
Market concentration: Top 10 F&B firms controlled 42% of sales in 2023.
Sustainability initiatives covered 35% of F&B production in 2023, up from 22% in 2021.
Digital transformation investments in F&B hit 25 billion THB in 2023 for supply chain tech.
Tourism-driven F&B sales boosted by 18% in 2023 to 350 billion THB from 28 million visitors.
Halal F&B market in Thailand valued at 180 billion THB in 2023, targeting Muslim exports.
Organic F&B sales grew 22% to 45 billion THB in 2023 amid health trends.
Plant-based F&B products market reached 12 billion THB in 2023, CAGR 25% since 2020.
Convenience store F&B sales totaled 250 billion THB in 2023, 55% of total retail F&B.
F&B logistics costs represented 12% of total industry expenses in 2023 at 175 billion THB.
Energy consumption in F&B manufacturing was 18,000 GWh in 2023, with 15% from renewables.
Waste generation in F&B sector totaled 2.5 million tons in 2023, recycled 40%.
Carbon footprint of Thailand F&B industry averaged 1.2 tons CO2e per million THB revenue in 2023.
Government subsidies to F&B sector amounted to 50 billion THB in 2023 for exports and tech.
Number of F&B SMEs reached 150,000 in 2023, contributing 55% to total employment.
Brand value of top Thai F&B companies summed to USD 8.5 billion in 2023.
Online delivery platforms handled 30% of F&B sales in urban areas in 2023, worth 90 billion THB.
F&B innovation startups numbered 450 in 2023, raising USD 200 million funding.
Industry productivity per worker increased 8% to 850,000 THB in 2023.

Market Overview and Growth Interpretation

Thailand's F&B sector is proving it's not just about great food, but also a serious economic force digesting tourism, technology, and a sustainability drive to fuel a growth forecast as robust as its flavors.

Sources & References

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