Key Market Indicators
Thailand's bread import market is projected to grow significantly, reaching approximately $284 million by 2028, up from about $238 million in 2023. This represents an average annual growth rate of 2.8%. The country's demand for imported bread has been on a steady rise since 1993, with an annual increase of 3.5%. On the export front, Thailand's bread industry is also experiencing robust growth. Exports are expected to climb to around $619 million by 2028, compared to roughly $526 million in 2023. This marks an average annual growth rate of 2.6%. Since 1994, the supply of Thai bread for export has grown by 3.8% annually. These figures highlight the expanding role of Thailand in the global bread market, both as a consumer and a supplier.
Latest reports
Thailand Bakery Market Report- Q4 2024
The Thailand bakery market continues to evolve dynamically in the fourth quarter of 2024, driven by consumer trends, technological advancements, and economic factors....