The Thailand noodles market is projected to show slight growth, anticipated to rise from USD 1,168.4 million in 2023 to USD 1,395.1 million by 2029, reflecting a compound annual growth rate (CAGR) of 3% during the period from 2024 to 2029. The noodles market is growing due to the high demand for both traditional and instant varieties. Thai consumers appreciate noodles for their versatility, with instant noodles often being a go-to meal option. Rising disposable incomes and exposure to diverse cuisines have increased the consumption of premium noodle varieties, including those inspired by Japanese and Korean flavors. Additionally, the expansion of retail channels such as supermarkets and convenience stores has enhanced the availability of noodle products.
The report provides a comprehensive analysis of the Thailand noodles industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product, packaging type and distribution channel. The insights gained from this evaluation help reveal the growth potential within the noodles sector.
Market Segmentation
The segmentation of the Thailand noodles market is outlined below:
Product: chilled noodles, instant noodles, plain noodles
Packaging type: flexible plastic, paper containers, others
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, grocery stores, foodservice channels, e-commerce, others
The Thailand noodles market is segmented by product, packaging type and distribution channel. By product, it includes chilled noodles, instant noodles, and plain noodles. Packaging type segments are divided into flexible plastic, paper containers, and others. Distribution channel segments cover convenience stores, forecourt stores, supermarkets and hypermarkets, grocery stores, foodservice channels, e-commerce, and others.
Competitive Landscape
The report highlights leading companies in the noodles market, including Thai Wah Public Company (TWPC), Thai Preserved Food Factory Company Limited, THAI HA Public Company Limited, Sitthinan Company Limited, Samyang Roundsquare Co. Ltd., Saha Pathana Inter-Holding PCL, Nongshim Co. Ltd., Nissin Foods Holdings Co. Ltd. and Ajinomoto Co. Inc.
This report presents an extensive analysis of major entities in the noodles market, focusing on their performance from 2019 to 2023. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Thailand noodles market.
Gain in-depth analysis and forecasts for the key segments of the Thailand noodles market: product, packaging type 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 noodles market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Thailand noodles market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Thailand Noodles Market – Product Analysis
Thailand Noodles Market – Packaging Type Analysis
Thailand Noodles Market – Distribution Channel Analysis
Key Players and Market Share
– Thai Wah Public Company (TWPC)
– Thai Preserved Food Factory Company Limited
– THAI HA Public Company Limited
– Sitthinan Company Limited
– Samyang Roundsquare Co., Ltd.
– Saha Pathana Inter-Holding PCL
– Nongshim Co., Ltd.
– Nissin Foods Holdings Co., Ltd.
– Ajinomoto Co., Inc.
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Thailand Noodles Market 2019-2029
Chart Thailand Noodles Market, Net Growth, 2019-2029
Chart Thailand Noodles Market, Growth Rates, 2019-2029
Table Thailand Noodles Market by Product, 2019-2029
Chart Thailand Noodles Market by Product, CAGR Historic and Forecast, 2019-2029
Chart Thailand Noodles Market by Product, 2019-2029
Table Thailand Noodles Market by Packaging Type, 2019-2029
Chart Thailand Noodles Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart Thailand Noodles Market by Packaging Type, 2019-2029
Table Thailand Noodles Market by Distribution Channel, 2019-2029
Chart Thailand Noodles Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Thailand Noodles Market by Distribution Channel, 2019-2029
Table Thailand Noodles Market Share (%), by Companies, 2019-2023
Chart Thailand Noodles Market, by Companies, 2023
Table Thailand Noodles Market Share (%), by Brands, 2019-2023
Chart Thailand Noodles 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 Noodles Market: Spend as a Proportion of GDP (%)
Table Thailand Noodles Market: Consumption per Capita (Population)
Companies Mentioned
Thai Wah Public Company (TWPC)
Thai Preserved Food Factory Company Limited
THAI HA Public Company Limited
Sitthinan Company Limited
Samyang Roundsquare Co., Ltd.
Saha Pathana Inter-Holding PCL
Nongshim Co., Ltd.
Nissin Foods Holdings Co., Ltd.
Ajinomoto Co., Inc.