The Thailand baby food market is on track for slight growth, expected to expand from USD 922.8 million in 2023 to USD 1,108.3 million by 2029, with a CAGR of 3.1% during the evaluated period. Thailand’s baby food market is driven by urbanisation and rising disposable incomes, which have led to a growing demand for convenient, ready-to-eat baby food products. As more families move to urban areas and adopt modern lifestyles, there is a shift towards packaged baby food that offers ease and nutrition. Additionally, growing awareness of the importance of early childhood nutrition has prompted parents to seek out fortified and functional baby food options. The market is also being influenced by the rising demand for organic baby food, as consumers increasingly prefer products made from natural ingredients free from additives.
This report presents a detailed overview of the Thailand baby food industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type, category and distribution channel. This detailed analysis supports the identification of growth opportunities within the baby food industry.
Market Segmentation
The Thailand baby food market is structured as follows:
Product type: dried baby food, prepared baby food, milk formula (standard formula, follow-on formula, growing-up milk, special milks)
Category: conventional, organic
Distribution channel: convenience stores, supermarkets and hypermarkets, small grocery stores, e-commerce, others
The segmentation of the Thailand baby food market product type, category and distribution channel. The market is classified by product type into dried baby food, prepared baby food, and milk formula (standard formula, follow-on formula, growing-up milk, special milks). Category segments encompass conventional, and organic. Distribution channel segmentation comprises convenience stores, supermarkets and hypermarkets, small grocery stores, e-commerce, and others.
Competitive Landscape
The competitive landscape of the baby food market features leading companies such as The Kraft Heinz Company, Royal FrieslandCampina N.V., Reckitt Benckiser Group plc (RB), Peachy Village Co. Ltd., Nestle S.A., Danone S.A. and Abbott Laboratories. The report provides a detailed assessment of prominent companies within the baby food market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Thailand baby food market.
Gain in-depth analysis and forecasts for the key segments of the Thailand baby food market: product type, category and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Thailand baby food market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Thailand baby food market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.
Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Thailand Baby Food Market – Product Type Analysis
Thailand Baby Food Market – Category Analysis
Thailand Baby Food Market – Distribution Channel Analysis
Key Players and Market Share
– The Kraft Heinz Company
– Royal FrieslandCampina N.V.
– Reckitt Benckiser Group plc (RB)
– Peachy Village Co., Ltd.
– Nestle S.A.
– Danone S.A.
– Abbott Laboratories
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Thailand Baby Food Market 2019-2029
Chart Thailand Baby Food Market, Net Growth, 2019-2029
Chart Thailand Baby Food Market, Growth Rates, 2019-2029
Table Thailand Baby Food Market by Product Type, 2019-2029
Chart Thailand Baby Food Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Thailand Baby Food Market by Product Type, 2019-2029
Table Thailand Baby Food Market by Category, 2019-2029
Chart Thailand Baby Food Market by Category, CAGR Historic and Forecast, 2019-2029
Chart Thailand Baby Food Market by Category, 2019-2029
Table Thailand Baby Food Market by Distribution Channel, 2019-2029
Chart Thailand Baby Food Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Thailand Baby Food Market by Distribution Channel, 2019-2029
Table Thailand Baby Food Market Share (%), by Companies, 2019-2023
Chart Thailand Baby Food Market, by Companies, 2023
Table Thailand Baby Food Market Share (%), by Brands, 2019-2023
Chart Thailand Baby Food Market, by Brands, 2023
Table Thailand – Population (Millions) and Forecast
Table Thailand – Consumer Price Index (CPI) and Forecast
Table Thailand – Gross Domestic Product and Forecast
Table Thailand Baby Food Market: Spend as a Proportion of GDP (%)
Table Thailand Baby Food Market: Consumption per Capita (Population)
Companies Mentioned
The Kraft Heinz Company
Royal FrieslandCampina N.V.
Reckitt Benckiser Group plc (RB)
Peachy Village Co., Ltd.
Nestle S.A.
Danone S.A.
Abbott Laboratories