Although retail volume consumption is set to see only low growth in the forecast period, sales of sugar and sweeteners will do better in foodservice volume terms, with solid growth expected. After the prolonged period of COVID-19 restrictions, most restaurants, street stalls and other foodservice outlets are now fully operational, and consumers are enjoying dining out more than ever before.
Unit prices in sugar and sweeteners will continue to rise over the forecast period, resulting from anticipated drought conditions and reduced rainfall adversely impacting production volumes. Insufficient water supply negatively affects the cultivation and growth of sugar crops, ultimately leading to reduced yields and lower production volumes.
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Understand the latest market trends and future growth opportunities for the Sugar and Sweeteners industry in Thailand with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Sugar and Sweeteners industry in Thailand, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
All table-top raw sugar products and natural sweeteners, whether sold packaged or unpackaged. Includes yellow/brown sugar, fructose, maltose, maple sugar, molasses, corn syrup, glucose, table sugar (also known as granulated refined white sugar), icing sugar, caster sugar, stevia (sweet leaf)), etc. Excludes artificial sweeteners such as aspartame and acesulfame-K. Also excludes sugar alcohol such as erythritol, xylitol and mannitol, which are commonly used for replacing sucrose in foodstuffs and often used in combination with high intensity artificial sweeteners. Note: Sugar and sweeteners used for industrial processing are excluded.
See All of Our DefinitionsThis report originates from Passport, our Sugar and Sweeteners research and analysis database.
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