The demand for cream in Thailand shows a significant decline from 2024 to 2028. Starting at 770 Metric Tons in 2024, the consumption is projected to decrease to 180 Metric Tons by 2028. This marks a considerable average annual decrease (CAGR) in cream demand over the forecast period. For instance, year-on-year variations highlight a substantial decline of approximately 20% from 2024 to 2025, continuing at a similar or steeper pace each subsequent year.
Key trends to watch for in the coming years include:
- Changing consumer preferences towards healthier or alternative products may continue to drive down cream consumption.
- Potential economic factors or domestic agricultural shifts impacting dairy production and costs.
- Emerging market trends like plant-based cream alternatives gaining traction could further influence traditional cream demand.
