Market Overview

In 2023, the condiments and sauces market in Thailand stood at USD 2,300 million. Recording a CAGR of 7.5% from 2024 to 2029, the worth is projected to reach ~USD 3,550 million by 2029, according to the latest market data. The diverse demographic makeup of many urban areas has introduced a variety of culinary preferences and traditions, driving demand for a wide range of condiments and sauces. This cultural diversity encourages the introduction of new and exotic flavors, catering to adventurous consumers seeking novel taste experiences. As a result, manufacturers are expanding their product lines to include international and fusion flavors.

The report provides a comprehensive overview of the Thailand condiments and sauces industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as product, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the condiments and sauces industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the condiments and sauces industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.

Market Segmentation

The condiments and sauces market in Thailand is segmented as below:
Product: condiments and ingredients (bouillon, monosodium glutamate, others), herbs and spices, pastes and purees, sauces (recipe sauces, pasta sauces, table and cooking sauces, BBQ sauces, fish sauces, ketchup, mayonnaise, mustard sauces, oyster sauces, salad dressings, soy sauces, chili sauces, others), pickles, and others
Distribution channel: convenience stores, supermarkets and hypermarkets, small grocery stores, foodservice channels, e-commerce, and others

The Thailand condiments and sauces market is segmented on the basis of product, and distribution channel. On the basis of product, the condiments and sauces market in Thailand has been segmented into condiments and ingredients (bouillon, monosodium glutamate, others), herbs and spices, pastes and purees, sauces (recipe sauces, pasta sauces, table and cooking sauces, BBQ sauces, fish sauces, ketchup, mayonnaise, mustard sauces, oyster sauces, salad dressings, soy sauces, chili sauces, others), pickles, and others. By distribution channel, the condiments and sauces market in Thailand has been segmented into convenience stores, supermarkets and hypermarkets, small grocery stores, foodservice channels, e-commerce, and others.

Competitive Landscape

The Thailand condiments and sauces market is highly competitive. The key players in the condiments and sauces market include Yan Wal Yun Corporation Group Co. Ltd., Universal Food Public Company Limited, Unilever PLC, Tra Maekrua Co. Ltd., The Thai Churos Ltd., The Peace Canning (1958) Co. Ltd., The Kraft Heinz Company, Thanya Farm Co. Ltd., Thai Theparos Public Company Limited, Thai Fishsauce Factory (Squid Brand) Co. Ltd., Tang Sang Hah Co. Ltd., Suanthai Company Limited, Pichai Fish Sauce Co. Ltd., Nguan Chiang Food Industry Co. Ltd., Nestle S.A., M&R Laboratory Co. Ltd., KT MSG Co. Ltd. (Ajinotakara), KSL Group (Thai Fermentation Industry Co. Ltd.), Kikkoman Corporation, Kewpie Corporation, Hi-Q Food Products Co. Ltd., Globo Foods Ltd., Food Blessing (1988) Co. Ltd., Chua Hah Seng Fish Sauce Factory (Hoilord Brand) Company Limited, Artchit International Pepper and Spice Co. Ltd., Ajinomoto Co. Inc.

The report is an indispensable tool for companies and organizations operating in the condiments and sauces industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the condiments and sauces market.

Why Buy This Report?

Provide statistical data or estimations for the Thailand condiments and sauces market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the condiments and sauces market in Thailand
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the condiments and sauces market in Thailand looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities

Table of Contents

TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. Thailand Condiments and Sauces Market – Product Analysis
3.1 Condiments and ingredients (bouillon, monosodium glutamate, others)
3.2 Herbs and spices
3.3 Pastes and purees
3.4 Sauces (recipe sauces, pasta sauces, table and cooking sauces, BBQ sauces, fish sauces, ketchup, mayonnaise, mustard sauces, oyster sauces, salad dressings, soy sauces, chili sauces, others)
3.5 Pickles
3.6 Others
4. Thailand Condiments and Sauces Market – Distribution Channel Analysis
4.1 Convenience stores
4.2 Supermarkets and hypermarkets
4.3 Small grocery stores
4.4 Foodservice channels
4.5 E-commerce
4.6 Others
5. Company Profiles
5.1 Yan Wal Yun Corporation Group Co., Ltd.
5.2 Universal Food Public Company Limited
5.3 Unilever PLC
5.4 Tra Maekrua Co., Ltd.
5.5 The Thai Churos Ltd.
5.6 The Peace Canning (1958) Co., Ltd.
5.7 The Kraft Heinz Company
5.8 Thanya Farm Co., Ltd.
5.9 Thai Theparos Public Company Limited
5.10 Thai Fishsauce Factory (Squid Brand) Co., Ltd.
5.11 Tang Sang Hah Co., Ltd.
5.12 Suanthai Company Limited
5.13 Pichai Fish Sauce Co., Ltd.
5.14 Nguan Chiang Food Industry Co., Ltd.
5.15 Nestle S.A.
5.16 M&R Laboratory Co., Ltd.
5.17 KT MSG Co., Ltd. (Ajinotakara)
5.18 KSL Group (Thai Fermentation Industry Co., Ltd.)
5.19 Kikkoman Corporation
5.20 Kewpie Corporation
5.21 Hi-Q Food Products Co., Ltd.
5.22 Globo Foods Ltd.
5.23 Food Blessing (1988) Co., Ltd.
5.24 Chua Hah Seng Fish Sauce Factory, (Hoilord Brand) Company Limited
5.25 Artchit International Pepper and Spice Co., Ltd.
5.26 Ajinomoto Co., Inc.
DISCLAIMER

Companies Mentioned

Yan Wal Yun Corporation Group Co., Ltd.
Universal Food Public Company Limited
Unilever PLC
Tra Maekrua Co., Ltd.
The Thai Churos Ltd.
The Peace Canning (1958) Co., Ltd.
The Kraft Heinz Company
Thanya Farm Co., Ltd.
Thai Theparos Public Company Limited
Thai Fishsauce Factory (Squid Brand) Co., Ltd.
Tang Sang Hah Co., Ltd.
Suanthai Company Limited
Pichai Fish Sauce Co., Ltd.
Nguan Chiang Food Industry Co., Ltd.
Nestle S.A.
M&R Laboratory Co., Ltd.
KT MSG Co., Ltd. (Ajinotakara)
KSL Group (Thai Fermentation Industry Co., Ltd.)
Kikkoman Corporation
Kewpie Corporation
Hi-Q Food Products Co., Ltd.
Globo Foods Ltd.
Food Blessing (1988) Co., Ltd.
Chua Hah Seng Fish Sauce Factory, (Hoilord Brand) Company Limited
Artchit International Pepper and Spice Co., Ltd.
Ajinomoto Co., Inc.