Thailand Baked Food & Cereals Market Analysis (2013 - 2023)

This data guide on Baked Food & Cereals provides a complete overview of the market during the period 2010-2018, while the forecast data is provided until 2023. The data guide comprises retail sales, of various categories within Baked Food & Cereals, such as Crackers & Savory Biscuits, Morning Goods, Breakfast Cereals, Cakes, Pastries & Sweet Pies, and Sweet Biscuits, along with their values, volume and channels of distribution. Furthermore, it provides an in-depth analysis of the various segments in the Baked Food & Cereals market, along with their growth perspective, which is expected to help in venturing into specific growth areas.

This guide helps in making well-informed business decisions, primarily regarding the latest market trends and product developments. Extensive secondary and primary researches/interviews are conducted as a part of the market analysis.

In 2018, the Thailand Baked Food & Cereals market was valued at 46072 THB Mn, registering a CAGR of 2.76%. The bread category accounted for the largest market share while registering an average CAGR of 2.78% since 2010. Muffins are the most preferred segment in the Morning Goods category, followed by the Croissants segment. The Cakes, Pastries & Sweet Pies category has been registering a steady growth of 2.5% in CAGR since 2010, which is expected to continue over the forecast period. Among the distribution channels, the Supermarkets and Hypermarkets channel is preferred the most by the majority of the people in Thailand.

Some of the Key Takeaways

Muffins were the fastest growing segment in the last five years, with a CAGR of 3.9%.
Thailand Baked Food & Cereals sales through On-line Retail channel recorded an impressive CAGR of 7.45% during 2010-2018.
The volume sale of Sweet Biscuits category observed a flat sale, despite the robust value growth.