Page 31 - FoodFocusThailand No.186 September 2021
P. 31

SPECIAL FOCUS


                     Never Meat is the distinctive brand in Thai   plant-based market in Thailand has shrunk. The market contraction is in the same direction
                  Plant-based food industry. The brand offers a   with the overall of food product and food service industries. During this difficulty, large
                  variety of product selection to consumers.            companies with capabilities and selling channels could have more competitive advantages.”
                  Mr. Yuthasart Khunthonwiwat, Managing    On the other hand, the Plant-based food industry overseas still remain strong. In 2022,
                  Director of Abbra Co., Ltd., illustrated that   its market is projected to expand, together with the restoration of purchasing power from
                  the Plant-based food has been wide spreading   consumers around the World. In contrast, the market value of Plant-based food in Thailand
                  favorably around the globe since 5 years back,   remains unclear. Even though the country is capable on plant cultivation, it yet depends on
                  as  well  as,  gaining  a  good  perception  in   the import of primary raw material such as soybeans. Therefore, food producers need to
                  Thailand. Currently, Never Meat brand has   control costs in order to make an affordable price of product. Besides, food producers must
                  launched various raw materials such as   develop a product variety selection. In addition, there must be a supporting program for
                  ground beef, steak, and crab meat. “Ground   farming in order to have the materials throughout the year. The promoted crops shall be
                  beef” is considered a main ingredient of Thai   those required in Plant-based products. If the promotional program can be done at the
                  famous menus such as Phad Kaprao Beef,   industrial level, it will help to create job, and generate more income to local farmers. For the
                  Lime minced meat (Larb), and Spaghetti with   big conglomerate who just joined this market, their arrival has made an impact and has
                  minced meat for the international dish.   stimulated the market attention.
                  Likewise, “Steak” has given both a taste and
                  a texture like a real meat. This is a perfect
                  choice for a health-conscious consumer who
                  likes to remind the taste of steak sometimes.
                  Lastly, “Crab meat” is a Plant-based product
                  which is a good appetizing choice for seafood
                  lovers.
                     “Plant-based food market in Thailand has
                  a specific customer segment. The annual
                  vegetarian festival, or ‘J Festival’ is the
                  evidence of its  market size. However,
                  J-vegetarians like to compare the texture of
                  the original and Plant-based meat. Therefore,
                  the mindset of J-vegetarians and other
                  vegetarians are quite different.”
                     Never Meat’s main highlight is in food
                  texture which is made as closely as an original
                  product. It makes of 100 percent plant, yet
                  gives consumers a look and feel of original
                  material. Currently, the brand is targeting on
                  premium market by selling in the leading
                  stores. Initially, the brand was planned to
                  expand oversea in 2021 by exporting to
                  Singapore, Hong Kong, and China. The plan
                  was going to go across to European markets
                  and Canada as well. However, the COVID-19
                  outbreak has been slow down the arrangement
                  due to an unfortunate difficulty. Therefore, the
                  brand turns around with the plan to grow in
                  local market first.
                     “There  are currently  almost  10  plant-
                  based producers in Thailand. However, the
                  market value is still relatively small compared
                  to the original material. Since Plant-based
                  product’s price is still costly, the supply chain
                  must be shortened, and the cost must be
                  optimized.  Due to the Covid-19 outbreak, the



















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