Thailand: Food Processing Ingredients
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Thailand’s food and beverage industry contributes significantly to the country’s economy. The country aims to be one of the world top ten processed food exporters by 2027 and a key global player in the “Future Food” market. Major food exports include rice, canned tuna, sugar, meat, cassava products, and canned pineapple. The value of Thailand’s food exports was $38.8 billion in 2022, while the value of Thailand’s imports of food ingredient was $3.3 billion. With rising demand for processed foods and new product development, there are significant opportunities for U.S. food ingredients to in the Thai food processing sector.