THAILAND FOOD & BEVERAGE SECTOR 2016-2017
Food and beverage manufacturing and food service provided 6.0% and 2.5%, respectively, of the country’s GDP in 2015.
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SECTOR OVERVIEW
The sector employs several million people in Thailand and account for significant portions of household expenditure. In spite of the political instability of 2013 that led up to the military coup the year after, Thailand’s military government continues, as of early 2017, to receive majority support and royal backing from the newly-annointed King Vajiralongkorn Bodindradebayavarangkun. This has set the country’s overall economy and the food and beverage sector on an upward trajectory, despite increased competition from Thailand’s regional neighbours and economic slowdown in the country’s major trading partners China and Japan.
THE SECTOR'S KEY PLAYERS REVENUES
THB 424.7bn
Charoen Pokphand Foods Pcl
THB 172bn
Thai Beverage Plc
THB 125.82bn
Thai Union Group Plc
Food and Beverage Manufacturing FDI in 2015
THB 33.0bn
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THAI CONSUMER EXPENDITURE 2015
Food
Non-Alcoholic Beverages
Alcoholic Beverages
TEST YOUR KNOWLEDGE
Which alcoholic beverage do the people of Thailand spend most on?
WINE
WINE
BEER
BEER
SPIRITS
SPIRITS
Incorrect!
More is spent on
BEER
than any other beverage.
WINE
only 5.1% is spent on wine
BEER
47.5% of all expenditure is spent on beer
SPIRITS
almost equaling beer, 47.4% is spent on spirits
Correct!
More is spent on
BEER
than any other beverage.
WINE
only 5.1% is spent on wine
BEER
47.5% of all expenditure is spent on beer
SPIRITS
almost equaling beer, 47.4% is spent on spirits
79.1% Non-Alcoholic Beverage consumer expenditure
is spend on mineral waters, soft drinks, fruit and vegetable juices
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