Thailand: Plant-Based Food and Beverage Market in Thailand

Plant-based diets and meat substitutes are gaining popularity and are capturing the interest of Thai consumers. The plant-based food market in Thailand is currently growing 2-10 percent per year with growth projected to reach 10-35 percent per year, with the sector’s value reaching U.S. $1.5 billion in 2024. There are huge market opportunities for U.S. plant-based food ingredient and finished food product exports to Thailand.