The Thailand Chocolate Market size was valued at around USD 257 million in 2024 and is projected to reach USD 332 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.3% during the forecast period, i.e., 2025-30.  

Thailand Chocolate Market Driver:

Rising Awareness of Health Benefits of Chocolate Fueling Market Growth – The Thai population is moving towards veganism and flexitarian diets, and demand for sugar-free, vegan, organic, and gluten-free products is on the rise in the country. Chocolate intake is advantageous in stress reduction as it reduces stress hormones (cortisol), relaxes the mind, and facilitates happiness, which creates a hike in the market. The total chocolate confectionery consumption in this country is around 10,000 tons, which determines per capita annual consumption to be 128.6 gms.

There has been a rise in the lactose-intolerant population in Thailand, with an increase in gluten sensitivity quotient among the population. Moreover, increasing awareness of dark chocolates’ benefits like the presence of polyphenols, which fight inflammation and reduce skin cell damage, epicatechin that helps to combat oxidative stress, and flavonoids that reduce the risk of neurogenerative disorders and protect cholesterol levels. These associated health benefits further fuel demand for chocolate in the country.

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Key Market Reports Highlights

·        Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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Thailand Chocolate Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2024

-Historical Period: 2020 to 2023

-Forecast Period: 2025 to 2030

• By Chocolate Type
• White Chocolate - Market Size & Forecast 2020-2030, USD Million
• Dark Chocolate - Market Size & Forecast 2020-2030, USD Million
• By Application
• Food & Beverages Industries - Market Size & Forecast 2020-2030, USD Million
• Bakery- Market Size & Forecast 2020-2030, USD Million
• HoReCa - Market Size & Forecast 2020-2030, USD Million
• Retail Consumption - Market Size & Forecast 2020-2030, USD Million
• By Origin
• Synthetic Chocolates - Market Size & Forecast 2020-2030, USD Million
• Organic Chocolates - Market Size & Forecast 2020-2030, USD Million
• By Category
• Boxed Chocolates - Market Size & Forecast 2020-2030, USD Million
• Chocolate Pouches and Bags - Market Size & Forecast 2020-2030, USD Million
• Countlines Chocolates - Market Size & Forecast 2020-2030, USD Million
• Seasonal Chocolates - Market Size & Forecast 2020-2030, USD Million
• Tablets-  Market Size & Forecast 2020-2030, USD Million
• Plain Dark -  Market Size & Forecast 2020-2030, USD Million
• Filled -  Market Size & Forecast 2020-2030, USD Million
• Plain Milk -  Market Size & Forecast 2020-2030, USD Million
• Plain White -  Market Size & Forecast 2020-2030, USD Million
• By Packaging Type
• Flexible Packaging - Market Size & Forecast 2020-2030, USD Million
• Rigid Packaging - Market Size & Forecast 2020-2030, USD Million
• By Sales Channel
• Supermarkets & Hypermarkets - Market Size & Forecast 2020-2030, USD Million
• Convenience Stores - Market Size & Forecast 2020-2030, USD Million
• Brand Owned Outlets - Market Size & Forecast 2020-2030, USD Million
• Online - Market Size & Forecast 2020-2030, USD Million

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   Nestlé, Ferrero SpA, Mars Thailand Inc., Hershey, Glico, Grupo Arcor, Mayora, Lindt & Sprüngli, Alfred Ritter, Mondelez, Kad Kokoa, and others

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