Page 22 - FoodFocusThailand No.243 July 2026
P. 22

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            THE FUTURE DIRECTION OF THAILAND’S

            FOOD EXPORTS AMID THE TRANSITION


            TO A HIGH-VALUE ECONOMY


            Thailand’s future food exports are playing an increasingly significant role in the country’s food export structure.
            In 2025, Thailand exported future food products worth THB 136,984 million, accounting for 9.1% of total
            food export value, up from 8.3% in 2022. This trend reflects the continued expansion of value-added foods
            focused on health and nutrition, despite the limited growth of Thailand’s overall food exports. The increasing
            share indicates a structural transformation from a quantity-driven model toward one centered on quality,
            innovation, and specialized functional benefits.




             Thai Functional Food: Downstream Markets Drive      While Thailand’s functional food industry remains strong in
             Growth, Upstream Creates High Value                 downstream markets, there are opportunities to strengthen
             In 2025, Thailand’s functional food and functional ingredient   upstream capabilities as a pathway toward long-term value
             exports generated revenue of THB 124 billion, accounting for   creation and innovation.
             90.5% of total future food exports and reflecting their role as   Overall, Thailand’s functional food industry demonstrates
             the core pillar of the country’s health food industry. However,   strong competitiveness in downstream markets but still faces
             the revenue structure remains dependent on downstream   gaps in upstream development. The country has successfully
             products rather than upstream segments of the value chain.  produced and marketed finished products that consumers can
               Export activities are concentrated in functional foods, valued   easily recognize and adopt. However, in the long term, Thailand
             at THB 55,054 million, and nutrition-adjusted products, valued   should focus more on developing functional ingredients into
             at THB 41,840 million. Together, these segments account for   proprietary brand assets and innovation platforms.
             more than 78% of total future food exports, reflecting Thailand’s
             strength in developing products that directly address consumer   Medical Foods, Alternative Proteins, and Organic
             needs. In particular, the functional beverage segment serves  Foods: Niche Opportunities in The Future Food
             as a key growth driver, with fruit juice exports reaching THB  Market
             29,248 million and achieving an average annual growth rate   The medical and personalized food segment recorded
             of 14.6%. This indicates that global markets are responding   export revenue of THB 6,475 million in 2025, with a growth
             positively to “health-experience products” that communicate   rate of 3.6% during 2023–2025. Key products include foods
             clear health benefits and are easily accessible.    for patients, infant nutrition products, specialized proteins,
               Meanwhile, functional ingredients generated export   and dietary products for specific medical conditions. Growth
             revenue  of THB  17,482  million,  with  an  average  annual   in this segment is driven by population aging and increasing
             growth rate of 2.5%, and are regarded as the “Hidden Power   demand for nutrition tailored to individual health needs. As a
             Market” or upstream foundation of the health food industry.   result, this segment represents a high-value, quality-driven
             Key  products  include  plant  extracts,  vitamins,  medicinal   market with significant long-term growth potential.
             herbs such as ginger and turmeric, as well as flavor and   The alternative protein segment  generated export
             aroma compounds. These products play a strategic role in   revenue of THB 5,013 million but experienced a decline of
             driving innovation and strengthening the industry’s long-term   8.3% over the past three years, despite continued global
             bargaining power. Although functional ingredients account for   market expansion. Major products include plant-based
             only 14.1% of future food exports, they serve as a “source   milk, soy milk, and plant-based meat alternatives. However,
             of differentiation” in global markets. Herbal ingredients have   Thailand’s alternative protein industry faces intense price
             grown at an average annual rate of 12.3%, reflecting increasing   competition, while domestic brands remain less established
             interest in “Ingredient Stories,” including product origin,   than international competitors. In addition, consumer adoption
             scientific validation, and clearly demonstrated health benefits.   has expanded gradually and has not yet reached a significant
                                                                 breakthrough.
            22   FOOD FOCUS THAILAND  JUL  2026


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