Thailand Retail Foods 2022
This report gives an overview of Thailand’s food retail sector and current market updates. The food and beverage industry is one of the biggest retail segments in Thailand. Food and beverage sales grew more in 2021 than the previous year due to increased in-home consumption and cooking at home. Thailand’s growing young, middle-income population with higher disposable incomes and a greater propensity to spend, and a trend towards urbanization have also fueled the growth in the retail industry. Higher domestic spending, a recovery in tourism, and exports will sustain the Thai economy in 2022.