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Thursday, May 9, 2024

Food industry looks to the future

The Future Food Experience+ event held at the recent THAIFEX – ANUGA ASIA 2023 in May showcased a range of future food products.

Thailand’s future food industry is projected to grow 5% this year, driven by emerging trends and increasing demand for healthier and more environmentally friendly food options.

According to Visit Limlurcha, president of the Thai Future Food Trade Association, there are ample opportunities for exports because of global trends, leading to significant changes in production, economies, lifestyle, society and behaviour.

Between 2016 and 2022, the Thai future food sector averaged 7% annual growth, with industry value rising from US$2.5 billion to $3.73 billion, accounting for 9% of all food exports last…

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