Boston, MA -- (SBWIRE) -- 05/16/2016 -- Thailand's food and drink industry will grow steadily over 2016 despite the fact that household spending remains under pressure. As household spending gradually recovers and incomes rise, we expect consumers to embrace premiumisation, thus growing industry value. Furthermore, the tourism sector will continue to prop up premium segments.

Latest Updates & Industry Developments

Food sales (local currency) growth y-o-y in 2016: +8.3%; compound annual growth rate (CAGR) 2015-2020: +7.4%.

Per capita food sales (local currency) growth y-o-y in 2016: +8.0%; CAGR 2015-2020: +7.2%.

Non-alcoholic drinks sales (local currency) growth y-o-y in 2016 +7.5%; compound annual growth rate (CAGR) 2015-2020: +6.8%.

Rising incomes and the tourism sector will drive growth in the alcoholic drinks sector.

Convenience stores only store format to experience significant growth.

The Thailand Food & Drink Report features BMI Research's market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.

Get More Details on this Report and a Full Table of Contents at Thailand Food & Drink Report Q2 2016

BMI's Thailand Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in Thailand.

Key Benefits
Benchmark BMI's independent food and drink industry forecasts for Thailand to test other views - a key input for successful budgeting and strategic business planning in the Thai food and drink market.

Target business opportunities and risks in Thailand through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.

Exploit latest competitive intelligence on your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.

Coverage

BMI Industry View

Summary of BMI?s key industry forecasts and views, covering food and drink manufacturing and consumption and the mass grocery retail market.

Industry SWOT Analysis

Analysis of the major strengths, weaknesses, opportunities and threats within the food, drink and mass grocery retail sectors and within the broader political, economic and business environment.

BMI?s Food and Drink Risk Reward Index

BMI?s Risk Reward Index provides investors (food and drink manufacturers and mass grocery retailers) looking for opportunities in the region with a clear country-comparative assessment of a market?s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic points. These provide indices of highest to lowest appeal to investors, with each position explained.

Food Forecasts

BMI's food chapter is divided into sections such as meat, fish, confectionary, dairy and canned foods, and provides insight into each market?s food industry, centred on a forecast to end-2019 for the sector. The chapter includes the following elements:

Industry Forecast Scenario: Historical data series and a forecast to end-2019 for growth of key indicators within a market?s food industry. Indicators include food consumption, food consumption as % of GDP, canned food sales, confectionery sales and food and drink imports and exports, among others.

Industry Developments: A summary of corporate developments, including news on M&As, FDI, expansions, closures and financial results, in addition to analysis and explanation of the latest industry events and how these could influence further investment.

Market Overview: An overview of the structure of the market, introducing the key players and discussing underlying trends.

Drink Forecasts

Segmented the same way as BMI?s food chapter, the drink section provides insight into each market?s drink industry, centred on a forecast to end-2019 for the sector. Forecast indicators include alcoholic and soft drink sales by value, volume and sub-sector and tea and coffee sales, among others.

Mass Grocery Retail Forecasts

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Browse all Food research reports at Fast Market Research

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