MarkNtel Advisors recently published a detailed industry analysis of the Thailand Chocolate Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Thailand Chocolate Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The Thailand Chocolate Market size was valued at around USD 257 million in 2024 and is projected to reach USD 332 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.3% during the forecast period, i.e., 2025-30.

What are the major Driver the Thailand Chocolate industry?

Rising Awareness of Health Benefits of Chocolate Fueling Market Growth – The Thai population is moving towards veganism and flexitarian diets, and demand for sugar-free, vegan, organic, and gluten-free products is on the rise in the country. Chocolate intake is advantageous in stress reduction as it reduces stress hormones (cortisol), relaxes the mind, and facilitates happiness, which creates a hike in the market. The total chocolate confectionery consumption in this country is around 10,000 tons, which determines per capita annual consumption to be 128.6 gms.

There has been a rise in the lactose-intolerant population in Thailand, with an increase in gluten sensitivity quotient among the population. Moreover, increasing awareness of dark chocolates’ benefits like the presence of polyphenols, which fight inflammation and reduce skin cell damage, epicatechin that helps to combat oxidative stress, and flavonoids that reduce the risk of neurogenerative disorders and protect cholesterol levels. These associated health benefits further fuel demand for chocolate in the country.

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What segments define the Thailand Chocolate Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?

By Chocolate Type

• White Chocolate - Market Size & Forecast 2020-2030, USD Million
• Dark Chocolate - Market Size & Forecast 2020-2030, USD Million

By Application

• Food & Beverages Industries - Market Size & Forecast 2020-2030, USD Million
• Bakery- Market Size & Forecast 2020-2030, USD Million
• HoReCa - Market Size & Forecast 2020-2030, USD Million
• Retail Consumption - Market Size & Forecast 2020-2030, USD Million

According to report, the Retail Consumption holds more than 50% of the market share and is expected to grow at a significant rate during the forecast period.

By Origin

• Synthetic Chocolates - Market Size & Forecast 2020-2030, USD Million
• Organic Chocolates - Market Size & Forecast 2020-2030, USD Million

By Category

• Boxed Chocolates - Market Size & Forecast 2020-2030, USD Million
• Chocolate Pouches and Bags - Market Size & Forecast 2020-2030, USD Million
• Countlines Chocolates - Market Size & Forecast 2020-2030, USD Million
• Seasonal Chocolates - Market Size & Forecast 2020-2030, USD Million
• Tablets-  Market Size & Forecast 2020-2030, USD Million
• Plain Dark -  Market Size & Forecast 2020-2030, USD Million
• Filled -  Market Size & Forecast 2020-2030, USD Million
• Plain Milk -  Market Size & Forecast 2020-2030, USD Million
• Plain White -  Market Size & Forecast 2020-2030, USD Million

By Packaging Type

• Flexible Packaging - Market Size & Forecast 2020-2030, USD Million
• Rigid Packaging - Market Size & Forecast 2020-2030, USD Million

By Sales Channel

• Supermarkets & Hypermarkets - Market Size & Forecast 2020-2030, USD Million
• Convenience Stores - Market Size & Forecast 2020-2030, USD Million
• Brand Owned Outlets - Market Size & Forecast 2020-2030, USD Million
• Online - Market Size & Forecast 2020-2030, USD Million

According to report, the supermarkets & hypermarkets segment holds a share of around 60% of the market and is expected to hold its position during the forecast period as well.

Explore the Complete Thailand Chocolate Market Analysis Report – https://www.marknteladvisors.com/research-library/thailand-chocolate-market.html

Thailand Chocolate Market Share & Competitive Landscape:

The Thailand Chocolate Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.

Leading Companies in the Thailand Chocolate Market are:

• Nestlé
• Ferrero SpA
• Mars Thailand Inc.
• Hershey
• Glico
• Grupo Arcor
• Mayora
• Lindt & Sprüngli
• Alfred Ritter
• Mondelez
• Kad Kokoa

Recent Development in the Thailand Chocolate Market

• July 2024: Kad Kokoa, the company, unveiled new products in its chocolate portfolio business: Thai Milk, Tea Bon, Coconut Rice Pandan, and Lychee Basil chocolates.

Questions Addressed in this Study

1.What factors are driving the Thailand Chocolate Market growth?

2.How is the Thailand Chocolate Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Thailand Chocolate Market?

4.What is the current size of the Thailand Chocolate Market, and how is it projected to change in the future?

6.What is the future outlook for the Thailand Chocolate Market in terms of technological advancements and market expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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