Page 18 - FoodFocusThailand No.226 January 2025
P. 18

SPECIAL REPORT


              some challenges remain, including U.S. trade policies   - Rule Rebellion: Today’s consumers embrace their
              uncertainty, currency fluctuation, and ongoing geopolitical   imperfections and seek to “break the rules” regarding food
              conflicts. These challenges will definitely impact the food   consumption. This trend has increased products prioritizing
              industry’s future performance.                      mental health while promoting sustainability through eco-
                 In 2025, Thailand is expected to face several challenges,   friendly options by setting new standards through sustainable
              including geopolitical tensions in each region which affect Thai   ingredients, which can also be used as a marketing strategy
              exports.  Consequently,  we  should  continue  to  monitor                       with unique tastes.
              the situations closely, for instance, global and main trade   - Chain Reaction: Frequent disruptions in food supply
              partner economy, international conflict, Middle East tension   chains have heightened the importance of transparency.
              and US-China strategic competition.  Furthermore, we should   Consumers now prefer brands that clearly communicate
              keep an eye on Thai economic recovery, household debt and   ingredient origins while emphasizing diverse sourcing to meet
              corporate debt. Projections for 2025 indicate a gradual recovery   growing awareness.
              in exports aligned with improving economic conditions. Tourism   - Hybrid Harvests: The integration of technology in food
              and hospitality sector is forecasted to pick up pace again;   production is on the rise. Brands that effectively communicate
              however,  climate change will trigger the risen cost of raw   how nature and technology can enhance flavor and nutrition
              materials. Despite these hurdles, opportunities for growth   will resonate with consumers.
              abound in 2025. The Thai food industry’s ability to adapt to
              market trends and embrace innovation—such as the integration   ‘Future Food’ to Thrive in 2025,
              of AI and IoT in production management—positions it favorably   Driven by Health Trend
              for continued expansion. Moreover, there is significant potential   The concept of  “Future Foods” emphasizes health,
              for market growth in emerging economies like India and                 sustainability, and innovation. Defined as safe and beneficial
              the Middle East. Therefore, it is anticipated that the Thai food   for health while aligning with modern lifestyles through
              industry will continue to thrive and experience substantial   sustainable  production  processes.  In  2024, Thailand’s
              growth in 2025.                                     Future Food exports are projected to reach 146-150 billion
                                                                  baht,  an expected growth rate of 2-5% with positive factors
              Key Trends Driving Thailand’s Food Industry         from the economic recovery as the United States pauses
              Food industry trends for 2025 will shift to meet the dynamic   interest rate hikes, consumer confidence in spending has
              changes of consumer preferences, technology advancements   increased.
              and environmental concerns. These factors will also shape   The  food  industry  is  facing  rapid  changes  to  meet
              the global food trends and compel the Thai sector to adapt   the demands of future consumers.  Technology, sustainability,
              swiftly to emerging market demands. The key trends or 2025   and consumer behavior are the key factors driving the
              include:                                            development of “Future Foods.” In 2025, Thailand’s future food
                 -  Fundamentally  Nutritious:  The  new  consumer   industry is projected to grow, and Thai entrepreneurs will need
              perception of “food as medicine” encompasses everything   to closely monitor the dynamic situation.
              from beneficial function to meet essential daily nutritional
              needs, prompting brands to align health claims with essential
              nutrients such as protein, fiber, vitamins, and minerals. A rise
              in innovative products that are nutrient-rich will cater to   More Information      Service Info C001
              consumers seeking personalized nutrition for both short and
              long-term health.

























            18   FOOD FOCUS THAILAND  JAN 2025


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