The Thai future food industry is expected to see a 5% growth this year, as the demand for healthier and more environmentally friendly food options rises. Visit Limlurcha, president of the Thai Future Food Trade Association, highlights the potential for export growth due to global trends that are bringing about significant changes in production, economies, lifestyle, society, and behaviour.
From 2016 to 2022, the Thai future food sector experienced an average annual growth of 7%, with the industry’s value increasing from US$2.5 billion to $3.73 billion. This accounted for 9% of all food exports in 2022. The association aims for a 5% growth in Thai future food exports this year, building on the high base established last year. The value of $3.73 billion, a 12% increase from 2021, was driven…
