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Thailand Frozen Foods Market is Expected to Reach over THB 147 billion by 2022: Ken Research

01-10-2020 02:04 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Ken Research

Thailand Frozen Foods Market is Expected to Reach over THB 147

• Increasing number of trading partners coupled with strong export demand for processed seafood and meat dishes from major countries such as Japan, Australia, China, Korea, US, EU, Middle East and other Southeast Asian countries are further anticipated to drive the demand for frozen seafood and meat products.
• Various brands in Thailand have started using natural and alternative sweetener blends for instance, thick organic stevia and cane sugar in order to lighten the sugar content in sweet dessert treats.
• Frozen vegetarian ready meal options are likely to boost the demand for Thailand frozen foods market over long term.
• Rising demand for diverse fruits with distinct flavor especially Mangosteen, durians and longans are also expected to boost the market revenues for processed fruits and vegetables in Thailand in near future.

Thailand frozen foods market is poised to grow on account of burgeoning end-users demand including hotels, restaurants, commercial offices, hospitals, quick service joints and others. Leading frozen food manufacturers in Thailand have started to invest towards expanding their production capacity in order to meet the ever-growing demand for frozen foods in the country.

The growing awareness of healthy nutritional requirements of children among different age groups have made Thai companies to majorly focus towards creating healthy frozen snacks that could easily defrost in a lunch box or school bag. For instance, omega enhanced frozen fish products and protein rich frozen chicken products can satisfy the healthy fats and protein needs of children.
Moreover, initiatives taken up by the government of Thailand to organize fishery improvement projects will be responsible for the future growth and expansion of frozen seafood. For instance, Thai government’s tie-up with Sustainable Fisheries Partnership (SFP), a US-registered nonprofit that operates globally to rebuild depleted fish stocks has improved Thailand’s access to information in order to guide responsible seafood sourcing.

Analysts at Ken Research in their latest publication “Thailand Frozen Foods Market Outlook to 2022 – By Type of Frozen Foods (Frozen Seafood and Meat, Frozen Ice-Cream and Desserts, Frozen Ready-to-Eat Meals and Frozen Processed Fruits and Vegetables) and By Cities (Bangkok, Phuket, Pattaya, Chiang Mai and Others)” believe that discovering quick and healthy frozen meal solutions, developing a repair and maintenance system for cold chain equipments, increasing product portfolio, focusing on quality standard of frozen foods, marketing and promotion of healthy frozen food items and collaboration with end user segments will create a positive impact on the market.

Thailand frozen foods market is expected to register a positive CAGR of 5.9% during the forecast period 2017-2022E. The market is further expected to be driven by increasing usage of canned foods and online retailing in Thailand. As a result, it has boosted the demand for Thai frozen products across the globe and will continue to do the same over long term.

For More Information, Refer to the Link below:
https://www.kenresearch.com/food-beverage-and-tobacco/general-food/thailand-frozen-foods-market/149659-11.html

Products Covered:
Thailand frozen seafood and meat market segmentation by product type (chilled or frozen chicken, frozen shrimp, frozen fish and frozen squid) and by type of distribution channel (hypermarkets, independent small grocers, supermarkets, convenience stores, forecourt retailers, other grocery retailers and internet retailing); Thailand frozen ice-cream and desserts market segmentation by type of impulse (single portion dairy ice-cream, single portion water ice-cream and take home), by type of ice-cream (premium ice-cream and standard ice-cream) and by type of distribution channel (convenience stores, hypermarkets, supermarkets, forecourt retailers, independent small grocers and other grocery retailers); Thailand frozen ready-to-eat meals market segmentation by type of distribution channel (convenience stores, hypermarkets, supermarkets, other grocery retailers, forecourt retailers, internet retailing and independent small grocers); and Thailand processed fruits and vegetables market segmentation by type of food (shelf-stable and frozen fruits and vegetables) and type of distribution channel (hypermarkets, supermarkets, independent small grocers and other grocery retailers).

Companies Covered:
Frozen Seafood and Meat
• Charoen Pokphand Group
• Hi-Q Food Products Co Ltd
• Royal Food Co Ltd
• Prantalay Marketing Co Ltd
• Kuang Pei San Food Products PCL
• S Khonkaen Foods PCL
• Thai Union Frozen Products PCL
• Surapon Foods PCL
• Belucky Ltd
Frozen Ice-Cream and Desserts
• Unilever Group
• Nestlé SA
• Glico
Frozen Ready-to-Eat Meals
• Charoen Pokphand Group
• S & P Syndicate PCL
• Unilever Group
• Prantalay Marketing Co Ltd
• Saha Pathana PCL
• Thai Ha Co Ltd
• Alfredo Enterprise Co Ltd
Processed Fruits and Vegetables
• Malee Sampran Plc
• Universal Food PCL
• Talley's Frozen Foods Ltd
• Hi-Q Food Products Co Ltd
• Peace Canning (1958) Co Ltd
• Doi Kham Food Product Co Ltd
• ConAgra Brands Inc

Related Reports:
https://www.kenresearch.com/food-beverage-and-tobacco/general-food/saudi-arabia-canned-food-market/149549-11.html

https://www.kenresearch.ae/food-beverage-and-tobacco/general-food/global-organic-food-beverage-market/143540-11.html

https://www.kenresearch.com/food-beverage-and-tobacco/general-food/china-organic-food-market-report/29848-11.html

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India

Ken Research is a Global aggregator and publisher of Market intelligence, equity and economy reports. We provides business intelligence and operational advisory in 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies.

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