Thailand Food Flavors Market to 2032
Overview
The Thailand Food Flavors Market is expected to reach a 240.33 USD Million by 2032 and is projected to grow at a CAGR of 8.25% from 2025 to 2032.
Revenue, 2024 (USD Million)
152.24
Forecast, 2032 (USD Million)
240.33
CAGR, 2024 - 2032
8.25%
Report Coverage
Thailand
Thailand Food Flavors Market 2018-2032 USD Million
Thailand Food Flavors Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 152.24 USD Million
- Projected Market Size (2032): 240.33 USD Million
- CAGR (2025-2032): 8.25%
Key Findings of Thailand Food Flavors Market
- The Thailand Food Flavors Market was valued at 152.24 USD Million in 2024.
- The Thailand Food Flavors Market is likely to grow at a CAGR of 8.25% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Fruit Flavors in Type Segment accounted for the largest share of the market with a revenue of 347.30 USD Million
- The fastest growing segment Clean Label in Category Segment grew Fastest with a CAGR of 10.46% during the forecast period from 2024 to 2032.
Thailand Food Flavors Market Scope
Thailand Food Flavors Market Segmentation & Scope
Application
- Beverages
- Sports Nutrition
- Dietary Supplements
- Baby Food
- Bakery
- Convenience Food
- Breakfast Cereals
- Processed Food
- Frozen Desserts Products
- Snacks & Extruded Snacks
- Meat & Poultry Products
- Confectionery
Category
- Others
- Non-Allergenic
- Regular
- Heat Stable
- Clean Label
Origin
- Artificial
- Natural Identical
- Natural
Type
- Carob Derivatives
- Others
- Vegetable Oils
- Date Derivatives
- Chocolate Flavor
- Spice Flavors
- Nutty Flavors
- Dairy Flavors
- Coffee Flavors
- Vegetable Extracts
- Herbal Flavors
- Citrus Flavors
- Fruit Flavors
Form
- Syrup
- Powder
- Liquid
Solubility
- Others
- Fat Dispersible
- Oil Soluble
- Water Soluble
Product
- Flavor Ingredient
- Natural Extract
Thailand Food Flavors Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 152.24 USD Million |
| Market Value in 2032 | 240.33 USD Million |
| CAGR (2025-2032) | 8.25% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Category,Origin,Type,Form,Solubility,Product |
Regional Insights:
-
Leading Market (2024-2032): Thailand, leading in terms of revenue 152.24 USD Million in 2024
- Key Country: Thailand, leading in terms of revenue with value of 152.24 USD Million in 2024.
Segments and Scope
-
Thailand Food Flavors Market to 2032, By Application
- Confectionery is the largest segment in Thailand Food Flavors Market to 2032 with a revenue of 342.69 USD Million in the year 2024.
- Confectionery is the Fastest growing segment in Thailand Food Flavors Market to 2032 with a Growth rate of 8.54 % in forecast period 2025-2032.
-
Thailand Food Flavors Market to 2032, By Category
- Clean Label is the largest segment in Thailand Food Flavors Market to 2032 with a revenue of 65.11 USD Million in the year 2024.
- Clean Label is the Fastest growing segment in Thailand Food Flavors Market to 2032 with a Growth rate of 10.46 % in forecast period 2025-2032.
-
Thailand Food Flavors Market to 2032, By Origin
- Natural is the largest segment in Thailand Food Flavors Market to 2032 with a revenue of 93.66 USD Million in the year 2024.
- Natural is the Fastest growing segment in Thailand Food Flavors Market to 2032 with a Growth rate of 8.69 % in forecast period 2025-2032.
-
Thailand Food Flavors Market to 2032, By Type
- Fruit Flavors is the largest segment in Thailand Food Flavors Market to 2032 with a revenue of 347.30 USD Million in the year 2024.
- Fruit Flavors is the Fastest growing segment in Thailand Food Flavors Market to 2032 with a Growth rate of 8.37 % in forecast period 2025-2032.
-
Thailand Food Flavors Market to 2032, By Form
- Liquid is the largest segment in Thailand Food Flavors Market to 2032 with a revenue of 87.24 USD Million in the year 2024.
- Liquid is the Fastest growing segment in Thailand Food Flavors Market to 2032 with a Growth rate of 9.46 % in forecast period 2025-2032.
-
Thailand Food Flavors Market to 2032, By Solubility
- Water Soluble is the largest segment in Thailand Food Flavors Market to 2032 with a revenue of 76.63 USD Million in the year 2024.
- Water Soluble is the Fastest growing segment in Thailand Food Flavors Market to 2032 with a Growth rate of 9.10 % in forecast period 2025-2032.
-
Thailand Food Flavors Market to 2032, By Product
- Natural Extract is the largest segment in Thailand Food Flavors Market to 2032 with a revenue of 93.91 USD Million in the year 2024.
- Natural Extract is the Fastest growing segment in Thailand Food Flavors Market to 2032 with a Growth rate of 9.42 % in forecast period 2025-2032.
Thailand Food Flavors Market Company Share Analysis
| Company Name |
|
||
| Kerry Group Plc. | |||
| McCormick & Company, Inc. | |||
| Takasago International Corporation | |||
| Cargill, Incorporated | |||
| ADM | |||
Thailand Food Flavors Market Geographical Sales Distribution, 2018-2032 USD Million
Thailand Food Flavors Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Thailand Food Flavors Market is segmented based on Segmentation Application,Category,Origin,Type,Form,Solubility,Product.
Thailand Food Flavors Market was valued at USD 152.24(Revenue in USD Million) in 2021.
Thailand Food Flavors Market is projected to grow at a CAGR of 8.25% during the forecast period of 2024 to 2032.
The Fruit Flavors segment is expected to dominate the Thailand Food Flavors Market, holding a largest market share of 347.30 USD Million in 2024
Thailand Food Flavors Market Scope
Thailand Food Flavors Market Segmentation & Scope
Application
- Beverages
- Sports Nutrition
- Dietary Supplements
- Baby Food
- Bakery
- Convenience Food
- Breakfast Cereals
- Processed Food
- Frozen Desserts Products
- Snacks & Extruded Snacks
- Meat & Poultry Products
- Confectionery
Category
- Others
- Non-Allergenic
- Regular
- Heat Stable
- Clean Label
Origin
- Artificial
- Natural Identical
- Natural
Type
- Carob Derivatives
- Others
- Vegetable Oils
- Date Derivatives
- Chocolate Flavor
- Spice Flavors
- Nutty Flavors
- Dairy Flavors
- Coffee Flavors
- Vegetable Extracts
- Herbal Flavors
- Citrus Flavors
- Fruit Flavors
Form
- Syrup
- Powder
- Liquid
Solubility
- Others
- Fat Dispersible
- Oil Soluble
- Water Soluble
Product
- Flavor Ingredient
- Natural Extract
Frequently Asked Questions
The Thailand Food Flavors Market is segmented based on Segmentation Application,Category,Origin,Type,Form,Solubility,Product.
Thailand Food Flavors Market was valued at USD 152.24(Revenue in USD Million) in 2021.
Thailand Food Flavors Market is projected to grow at a CAGR of 8.25% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Food Flavors Market for final year is USD 240.33 (USD Million).
Thailand Food Flavors Market Company Profiling
Frequently Asked Questions
The Thailand Food Flavors Market is segmented based on Segmentation Application,Category,Origin,Type,Form,Solubility,Product.
Thailand Food Flavors Market was valued at USD 152.24(Revenue in USD Million) in 2021.
Thailand Food Flavors Market is projected to grow at a CAGR of 8.25% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Food Flavors Market for final year is USD 240.33 (USD Million).
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