Thailand: Retail Foods
Thailand’s retail food sector continues to grow in 2017, driven by strong economic growth, increasing numbers of tourists and government investment. Thailand is one of the world’s leading agricultural suppliers, primarily due to its well-developed food processing sector. The food industry is the country’s third largest industry, contributing 23 percent to the country’s Gross Domestic Product (GDP). As a result, Thailand is a competitive market for food and beverage products. However, there is good sales potential for a number of products including food preparation ingredients, whey, frozen potatoes, apples, milk and cream, pet food, almond nuts and raisins.