Baby Food Industry 2016 Report Provides Current and Future Market Trends in Thailand Market
Thailand has been beset with a difficult economic environment against a backdrop of political instability and social unrest. The number of live births has fluctuated but the underlying trend is downwards. The baby food market increased by nearly 20% between 2009 and 2015. It is a market strongly dominated by milks, which in 2015 accounted for 92.8% of value sales. Value growth was strongest in the cereals and meals sectors, with prices in the milks sector under pressure from the...
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